Pacific Perspectives
Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
The Federal Reserve’s primary price gauge rose at its highest level since 2023, reinforcing the central bank’s recent tough talk on inflation. Excluding food and energy, the personal consumption expenditures price index showed a 3.4% annual rate…
CBUS says this market shift has echoes of dotcom bust and 1929
It’s telling that CBUS chief investment officer Leigh Gavin still isn’t quite sure where the fund’s returns for the 2026 financial year will end up. The final number for the growth option will probably be…
Gas pipeline stoush heats up as Squadron slams APA project
A bid by APA Group to rush through approval for a $244 million gas pipeline expansion in Victoria’s south-west has drawn opposition from an LNG import terminal backed by billionaire businessman Andrew Forrest, which says…
Prediction markets hit this fundie’s returns. Here’s what he’s buying now
Nathan Hughes is a portfolio manager in the Australian equities team at Perpetual. The team oversees around $12 billion in assets. The fund’s biggest single allocation is to cash and fixed interest – is that…
Nasdaq falls for a fourth day as a drop in Apple overshadows Micron’s booming earnings: Live updates
The Nasdaq Composite fell on Thursday, even after a blowout Micron Technology earnings report, as traders moved out of key technology stocks. The market was divided as non-artificial intelligence names boosted the Dow Jones Industrial Average to a new all-time intraday…
Why energy could be a great place to invest even with oil prices retreating — 5 stocks to buy
Source: https://www.cnbc.com/2026/06/24/why-energy-could-be-a-great-place-to-invest-even-with-oil-prices-retreating-5-stocks-to-buy.html
Atlas Arteria chairman hits dead end as IFM takes control
Atlas Arteria chairman Debbie Goodin is under pressure to resign after hostile suitor IFM Investors finally secured control of the toll road group four years after it first raided the ASX-listed company’s shares. The $268…
Bond traders won’t rule out fourth rate rise even as inflation cools
Bond traders are not ruling out the chance of one more interest rate rise from the Reserve Bank of Australia this year, after the central bank’s preferred inflation measure ticked higher last month. Markets held…
The seven ASX stocks leaving short sellers $1b out of pocket
Against the odds, seven of the Australian sharemarket’s most-shorted stocks – from a pharmaceutical group and an intellectual property company to a data centre operator – have left hedge funds staring down $1 billion in…
S&P 500 futures rise as Micron surges after earnings; Wall Street awaits key inflation reading: Live updates
U.S. stock futures rose on Wednesday night, boosted by a blowout Micron Technology earnings report, as traders looked ahead to the release of a key inflation reading from May. S&P 500 futures and Nasdaq 100 futures climbed 0.5% and 1.9%,…