Pacific Perspectives
Traders eye up to five RBA rate cuts amid market turmoil
Bond traders expect the Reserve Bank of Australia to deliver three back-to-back interest rate cuts this year amid an escalating trade war that has sent the dollar plunging to its lowest level since the early…
Market mayhem ends the ASX’s era of effortless momentum
The seeds of this blow-off stretch back beyond Donald Trump. It’s Commonwealth Bank at $160, Pro Medicus soaring to the moon and momentum crushing markets. Mayhem Monday is a day investors will remember for years.…
Market rout hits $97b and investors fear there are billions more to go
Investors fear a full-scale trade war sparked by the Trump administration’s sweeping tariffs will plunge the global economy into recession and could wipe more than half a trillion dollars from the Australian sharemarket, which suffered…
Stock futures rise after S&P 500 posts three-day losing streak amid tariff turmoil: Live updates
Stock futures rose on Monday evening after the S&P 500 extended its losses for a third day following President Donald Trump’s tariffs announcement. Futures tied to the S&P 500 were 0.9% higher, while Nasdaq-100 futures gained 1.1%. Futures linked to the…
How Trump’s tariffs rollout turned into stock market mayhem
Before Wednesday, President Donald Trump’s tariffs were expected to be a problem for markets and the economy, but a manageable one. So much for that idea. What happened instead is something worse than the worst-case…
One stock to buy, and other opportunities amid the market carnage
It would be an understatement to say that the world has become a more volatile and uncertain place, but we are actively watching for bargains. It would be an understatement to say that the world…
$90b wipeout in superannuation wealth could force RBA to cut rates
Australians have lost an estimated $90 billion from their superannuation funds in a sharemarket rout triggered by the Trump administration’s global trade reset, which economists say is likely to trigger a round of interest rate…
Investors brace for $115b ASX wipeout amid ‘peak uncertainty’
More than $114 billion could be wiped off the Australian sharemarket on Monday after China retaliated against the Trump administration’s trade tariffs, sharply increasing investor and economist concerns that the world’s largest economy is heading…
S&P 500′s 10% 2-day collapse from Trump’s tariff shock ranks among the deepest in history
Financial markets that spent two years anticipating a recession that never came took two days to price in surging odds of a recession that might come by invitation. With one of the nastiest two-day selloffs…
Dow nosedives 1,600 points, S&P 500 and Nasdaq drop the most since 2020 after Trump’s tariff onslaught
Stocks plummeted Thursday, sending the S&P 500 back into correction territory for its biggest one-day loss since 2020, after President Donald Trump unveiled sweeping tariffs, raising the risk of a global trade war that plunges the economy into a…