US president Donald Trump has abandoned his anti-intervention line and launched a missile attack on Syria. Markets are responding with a dramatic plunge in risk sentiment.

• Trump launches air strike on Syria, risk sentiment crashes
  
• AUD hit hard by dramatic iron one plunge, sentiment shift
  
• 'Market was expecting' EURCZK floor removal — Hardy
  
• Equities downturn 'could be start of larger correction' — Garnry
  
• Defence stocks likely to rally on US military action
  
• Global yields plunge on US strike, Treasury yield dips below 2.3% support