@Qw - tech stocks are best gauge of US econ growth. Fins are more relevant in UK.
I was surprised to see RBA hold rates instead of cutting this week, but after seeing the chings inflation release today, it now makes sense. PBoC will not ease any time soon. Inflation is still above target. Today's rate is higher than Oct 2011. Chings need to be effective at cooking figures like the G10s...
Anyway the higher aussie floats the greater the shorting opportunities

ASX200 looks NSE20 last year. Vapour volume soon to spike as the distribution ends and the selling ensues. HSI (where is @young) also has the same structure. STI too has the same pattern. All these asian markets are hinting to a selling bout in coming weeks.
In KE I like USDKES @80 or below. Accumulate to sell at 90s before year end. If only cbk could remove those archaic imposed fx controls.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!