Pacific Perspectives
Big investors wield private assets to cushion returns from wild market
The nation’s largest investment managers, including the big superannuation funds, are using private unlisted assets to shield their returns from the turmoil and volatility that have engulfed global equity markets after US President Donald Trump…
Just four economists expect the RBA to stand pat on rates
One by one, economists are abandoning their interest rate forecasts for next month after US President Donald Trump upended financial markets with his “liberation day” tariffs. Earlier this month, a dozen were tipping the Reserve…
Investors find refuge on ASX as Wall Street giants lose their lustre
Investors are redirecting money once bound for Wall Street and fast-growing Silicon Valley tech giants back towards the Australian sharemarket as intense volatility in the United States turns the ASX into a safe haven. Despite…
S&P 500 futures slide Tuesday as Nvidia shares tumble, traders await retail sales data: Live updates
U.S. stock futures slipped on Tuesday night as investors looked ahead to the release of a key retail sales report and more earnings from the first-quarter season. Dow Jones Industrial Average futures dropped 139 points, or…
Fed Governor Waller sees tariff inflation as ‘transitory’ in ‘tush push’ comparison
Federal Reserve Governor Christopher Waller said Monday he expects the effects of President Donald Trump’s tariffs on prices to be “transitory,” embracing a term that got the central bank in trouble during the last bout…
ASX adds $100b in best day since 2020; CBA up 3pc
The Australian sharemarket added almost $100 billion in value on Thursday after equities on Wall Street ripped overnight following US President Donald Trump’s decision to hit pause on reciprocal tariffs on more than 75 nations.…
Miners, CBA buoy ASX amid tariff relief hopes; Neuren soars
A rally in banks and miners helped the sharemarket start the week on a positive note after tariff exemptions for the technology industry spurred optimism for a further scaling back of US President Donald Trump’s…
Fundies say ASX still too expensive despite correction
Fund managers say Australia’s sharemarket is still too expensive despite investors erasing about $283 billion in market value since the peak in February on fears of a global recession. And while the sell-off has pushed…
U.S. stock futures slide after S&P 500 posts back-to-back gains: Live updates
U.S. stock futures slipped Monday night after the S&P 500 posted back-to-back winning sessions. Investors also awaited a fresh set of first-quarter earnings reports. Dow Jones Industrial Average futures fell 146 points, or 0.4%. S&P 500 futures and Nasdaq 100 futures dipped…
Investors are growing concerned about a U.S. asset exodus as Treasurys and the dollar decline
The April sell-off for financial markets has been wider and more volatile than typical pullbacks, fueling concern that the aggressive and constantly changing trade policy from Washington, D.C. could be doing long-term damage to the…