Shift of attention to China, US unlikely to disturb STI

NOW that Greece appears to be fading from the forefront, traders will most probably focus on China's stock market volatility and US interest rates.

Of course, very few people believe that any of Greece's problems has been properly solved; most would know that all the European authorities have done is stick a flimsy band-aid on the wound.

There's little doubt that the problems there will erupt in a few months - maybe even in a few days - but can-kicking has been a hallmark of economic policy in all corners of the earth for several years now and markets love it when authorities kick the can down the road because that involves heightened volatility and very tradeable opportunities.