Commodity producing countries under pressure (political/economic). Markets are overpricing risk re: Australia

Low momentum, thin volumes, declined volatility, range trading and over bidding (retail/s)

Also, Australia after 70 years has a hung parliament meaning that a good dose of uncertainty and craziness will effect the Australian market. Especially when 3 farmers and a hippy (actually think the hippies are ok...) will form a minority government with the major party

Chaos baby...and to think Japan/Singapore traders filled the AUD gap on Mondays 23rd open.