With Russia's emergency rate hike failing to arrest the ruble's meltdown, authorities may soon be forced to roll out capital controls, say analysts.
European shares closed mixed, as sentiment was boosted by speculation of more credit easing in the euro zone and positive data from Germany.
Dariusz Kowalczyk, Senior Economist & Strategist at Credit Agricole, says the HK-Shanghai trade link will fuel a rise in China's capital inflows, underpinning strength in the renminbi.
European stocks closed lower on Friday after the U.S. economy produced fewer than expected jobs in October and tensions in Ukraine flared.
French President Francois Hollande suggested he will not stand for re-election if the country's unemployment rate remains high.
European shares closed mixed on Thursday, after ECB President Mario Draghi hinted as to the possibility of further aggressive stimulus measures.
Societe Generale highlights results in a "difficult environment" while rival Credit Agricole criticizes "lack of coherence."
Europe shares ended the day higher after the Bank of England outlined tougher leverage rules for banks and the Bank of Japan upped stimulus measures.
Exports are regarded as the bright spot in China's slowing economy, but growing evidence suggests firms are "over-invoicing" outbound shipments.
China's third quarter gross domestic product report delivered an upside surprise, helping calm investor nerves over the faltering global recovery.
Market volatility may look scary and safe-haven Treasurys may be rallying, but investors shouldn't chase them higher, analysts said.
The U.S. dollar's bull run has been a headwind for Asian currencies in recent months, but one outlier is swimming against the tide: the Chinese yuan.
Chinese stocks wavered between gains and losses on Wednesday, the first trading session after a week-long holiday closure.
The dollar's three-month rally took a breather on Monday on nervousness over Beijing's response to democracy protests in Hong Kong.
Sweden's crown fell to a two-month low against the euro after the country elected a minority government.
China's economy is set to suffer a further slowdown in 2015 as rebalancing pains become more acute.
The European Central Bank (ECB) is back in "whatever it takes" mode to stimulate the sputtering economy and Asian markets are set to benefit.
European Central Bank (ECB) chief Mario Draghi appears to be implementing his own three-pronged plan to rescue the euro zone economy.
The ECB meeting on Thursday is the prime event for markets seeking clarity on the bank's response to recovery, inflation and the sluggish pace of reform.
A downturn in China's once red-hot property market poses one of the greatest threats to the world's second biggest economy.