Pacific Perspectives
Short sellers make unlikely comeback as ASX hits fresh records
Short sellers have slowly fought their way back from the bloodbath of 2021. Goldman Sachs strategist Matthew Ross says these 15 stocks could be the next targets. The equity market melt-up sweeping the globe shows…
Trump again insists Fed should lower rates by ‘one full point’
US President Donald Trump reiterated his call for the Federal Reserve to push through a major rate cut in the wake of the release of new data Wednesday on consumer inflation. Trump called the May Consumer Price Index a…
ASX to rise, oil surges towards $US70 on US-Iran tensions
Australian shares are set to open higher, shrugging off a weak finish on Wall Street after a sell-off in the US tech giants and amid heightened tensions between the US and Iran. ASX futures are…
Stock futures tick lower after S&P 500 ends three-day win streak: Live updates
Stock futures fell on Wednesday after the S&P 500 saw its first negative session in four. S&P 500 futures traded down 0.2%, along with Nasdaq 100 futures. Futures tied to the Dow Jones Industrial Average were also lower by 72 points,…
‘Collateral damage’: Fund managers lobby Congress over Section 899 to avert foreign investors leaving the U.S.
American fund managers are lobbying Congress over a provision tucked inside President Donald Trump’s tax bill that they say could lead to foreign investors “quickly” pulling investments out of the U.S. The “One Big Beautiful…
ASX to top 8600, Zip upgrades earnings guidance
The Australian sharemarket is set to open above 8600 points on Wednesday after encouraging news from London where US and Chinese officials are seeking a trade truce. ASX futures are pointing up 24 points, or…
How America’s debt ‘ticking time bomb’ could curb the RBA
Investors are demanding higher returns for government debt globally, at levels not see since the GFC. Strategists warn this could result in less aggressive rate cuts in Australia. It may seem like a distant issue…
The anti-Trump trade: 48 blue chips helping the ASX to a new record
The Australian sharemarket’s latest high reflects two big shifts in global equites sparked by Donald Trump. Here’s how to benefit from them. If you want to understand how it is that the ASX 200 reached…
Stock futures are near flat as U.S.-China trade talks continue, May inflation report looms: Live updates
Stock futures were little changed on Tuesday evening as investors awaited progress on trade policy talks between the U.S. and China. They also anticipated the release of May’s consumer inflation report. Futures tied to the S&P…
Stocks making the biggest moves midday: Warner Bros. Discovery, Topgolf Callaway, EchoStar, Apple and more
Check out the companies making the biggest moves midday: Warner Bros. Discovery — Shares jumped 7% after Warner said it will split into two publicly traded companies by next year. One company will host WBD’s streaming services and…