The stock market is looking weak for the last 24-48 hours. German DAX also reversed significantly lower in this week so it seems that stocks are turning slightly bearish, but most likely only for another correction.
Gold and silver have gotten destroyed along with the bond market. AUG13 gold is down a whopping $77 to $1,297. The currencies are having a big day as well with the Aussie is getting crushed, trading down 163 ticks to 91.18.
The MAR13 Aussie Dollar has now exploded through the previous high of around 1.0525. A growing Chinese economy, as indicated by recent data, may also mean a growing Australian economy and thus a potentially higher Aussie Dollar.