China's slowing economy and market rout may capture headlines, but the mainland's debt load is a bigger worry, said top China banking analyst Charlene Chu.
Charlene Chu, senior partner for China banks research at Autonomous Research Asia, says after under-injecting liquidity in Q3 and Q4, the Chinese central bank has had to be more aggressive in January.
Lack of institutional investors in China's equity market means state intervention is the only way to keep it stable, says David Gaud, senior portfolio manager at Edmond de Rothschild Asset Management.
The dollar hit a one-week low against the euro on Thursday after a plunge in U.S. durable goods orders.
Commodity-linked major currencies including the Australian and New Zealand dollars surged on Thursday as oil traded back above $33 a barrel.
Peter Boockvar, chief market analyst at The Lindsey Group, says Hong Kong should consider if it wants to hinge its growth to U.S. monetary policy or to China.
In the absence of inflation, it's hard for companies to boost their revenues, says Arthur Kwong from BNP Paribas.
The safe-haven yen and the low-yielding euro halted their rise on Tuesday, as stock markets and oil prices recovered.
China's stocks have tumbled since the start of 2016 but they still aren't looking attractive, according to Goldman Sachs Private Wealth Management.
China faces pressure to use capital controls to prevent a yuan drop, but it should seek other solutions, the former IMF China division chief said.
The dollar edged down on Monday as renewed selling on oil markets drove investors into currencies often deemed less risky investments.
There will be Fed hikes this year, but they'll be done with sensitivity to events in markets, Philip Wee, senior FX economist at DBS Bank, predicts.
Beaten down metals prices may find some support as China's raw-materials dependent sectors begin to show some modest improvement, Goldman Sachs said.
Small nip-and-cut measures, in terms of capital controls, won't necessarily inspire confidence and can in fact lead to greater capital outflows, according to Eswar Prasad, senior professor of trade policy at Cornell University.
Hao Hong, MD of research and chief strategist at Bank of Communications International says currency stability means relative price adjustments will now have an impact on other asset classes - namely equities.
With the HK dollar peg under attack, low oil prices and Russia struggling, markets resemble the crisis of 1998 more than the 2008 global financial crisis, says Mark Tinker, head of Framlington Equities Asia at AXA Investment Managers.
China's been on everyone's radar this year as pressure mounts on the country to devalue the yuan, says Wayne Peters, founder and CIO at Peters MacGregor Capital.
Worth Wray, chief economist at Evergreen Gavekal, says Beijing is mistaking the real source of pressure on the yuan.
The dollar firmed Friday, boosted by expectations of monetary easing by in Europe and Japan, and by strong U.S. housing data.
Frederic Neumann, HSBC, shares his thoughts on China's economic picture, currency and how it could impact the rest of the world.