Chinese stocks were on fire on Monday after Beijing pulled out fresh stops to put a floor under share prices, but strategists remain on edge.
"There is a strong voice in the Chinese state today that celebrates authoritarianism," says a former China resident.
The shock results from Greece's referendum on Sunday sent Asian markets into a tailspin, but analysts seemed relieved that the impact wasn't worse.
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Lara Magnusen, VP, director, investment products at Altegris Investments, discusses the impact of Greece and Iran nuclear talks on the price of crude oil.
Dan Scott, VP, investment strategy & research at Credit Suisse, says European markets will likely see a flight to safety on Monday, with periphery markets in for greater volatility.
On Monday, shares of Toshiba plunged as much as 5 percent amid an ongoing independent investigation into accounting irregularities. CNBC's Kaori Enjoji reports.