Pacific Perspectives
No extra gas for domestic market under Dutton plan: industry
Industry executives and analysts say Peter Dutton’s plan to have them direct more uncontracted gas away from international spot markets and into a low-price domestic reserve is flawed because there is no profit incentive to extract the…
$A tipped to keep tumbling as superpowers ‘collide’
The plunge in the Australian dollar to five-year lows is tipped to get worse as US President Donald Trump’s raging trade war shows little signs of abating and has markets bracing for a global recession.…
‘Huge’ profit downgrade cycle bears down on Wall Street
As the US sharemarket teeters on the cusp of a bear market, analysts have barely started to adjust their earnings forecasts to reflect a severe economic shock that investment strategists fear could accelerate the meltdown…
S&P 500 futures tick higher after historic rally on Trump’s tariff walkback: Live updates
S&P 500 futures rose on Wednesday evening after President Donald Trump announced a 90-day reprieve on some of his “reciprocal” tariffs, spurring a massive rally on Wall Street. Futures tied to the S&P 500 were 0.4%…
Mortgage rates slingshot higher as tariff uncertainty roils markets
Mortgage rates hit their highest level in over a month this week, reversing course after a period of improvement. The average rate on the 30-year fixed rate jumped 22 basis points Monday and another 3…
ASX’s James Hardie waiver is not in the market’s best interests
The bourse has set a terrible precedent by being complicit in undermining shareholder democracy. Reckless American overreach isn’t confined to Donald Trump and his tariffs. The management of one of our oldest and largest companies,…
Severe financial markets instability makes picking the trough elusive
Even veterans like Ellerston’s Ashok Jacob are having difficulty picking the bottom, as the seesawing in financial markets continues amid extreme volatility. Tariff and trade barbs are flying, financial markets are seesawing and in the…
The four tiers of fear for investors in a market meltdown
From a “garden variety pullback” to “major crisis”, analysts at RBC Capital Markets are war gaming where the Trump tariff volatility could take Wall Street. It’s a market of extreme volatility. Unsurprisingly, the big question…
Stock futures fall as tariff fears cause a four-day S&P 500 rout of 12%: Live updates
Stock futures fell on Tuesday, as investors braced for the rollout of President Donald Trump’s tariffs set to take effect shortly after midnight Wednesday. The S&P 500 was inches away from a bear market, under pressure in recent…
Jim Cramer says a recession is likely but investors shouldn’t panic sell
CNBC’s Jim Cramer said on Monday that although he believes an economic recession is on the horizon, investors should stay the course rather than panic and sell. President Donald Trump’s new tariffs continued to roil stocks on Monday, with the Dow Jones Industrial Average posting…