ASX plunges with iron ore

The Australian dollar is still holding around 77 cents:

Bonds are bid, especially at the long end:

XJO is down the better part of -2%:

Dalian has crashed:

And Big Iron is going with it. FMG is about to test its $4.50 support. When it breaks look out below:

Big Gas is OK but is at risk too:

Same with Big Gold:

Big Sleazy is getting caned as funding costs spike:

Big Retail is down solidly:

And Big Puswad:

Tariffs are the story today but iron ore is going much lower anyway and the best laid plans of every economic manager are going to crash with it.