Weak China PMI slaps down Australian dollar

The Aussie dollar took a bit of pain following the sagging Caixin China PMI:

Bonds are bid:

XJO is not:

The iron ore rally has reached hysterical proportions. There will be no shortage of it this year as Rio Minas returns, Vale manages its spare capacity, the Pilbara pumps a bit more and China slows:

It’s a good time to take profits on these:

Big Gas is down:

Big Gold is mixed:

Big Banks still in the Hayne pain:

Big Realty looks a bit more perky perhaps sniffing an RBA capitulation:

She’s all over the place.

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