Australian dollar tumbles into growth black hole

The Australian dollar has been falling all day as weak capex data confirmed the economy has been sucked into a deep growth black hole:

Still, bond yields have stopped falling because…well…just because:

XJO is toying with a major peak to match 2008:

Dalian is soft again:

Big Iron is dead cat bouncing today. FMG near $8 is a genuine red hot short candidate:

Big Gas is enjoying the oil bounce:

Big Gold is consolidating its recent run:

Big Banks can’t run higher unless yields run lower:

Big Reality whores on:

The Recessionberg growth hole is very large and a few house price rises will not fill as bulk commodities fall away.