Pacific Perspectives
Markets on edge as fresh U.S.-Iran attacks dent optimism over a peace deal
Source: https://www.cnbc.com/2026/05/05/us-iran-attacks-markets-peace-deal-talks.html
ASX to rise, Wall St rallies as oil drops
Australian shares are set to open higher, bolstered by gains in New York as oil briefly fell below $US110 a barrel after two senior Trump administration officials argued that Iran’s latest violations did not break…
Markets see end in sight for RBA rate rises
Bond traders and equity investors are hoping that one more rate increase from the Reserve Bank of Australia this year will be enough to bring down inflation after the central bank lifted the cash rate…
Business warns inflation burden growing and being borne by consumers
Westpac chief executive Anthony Miller says more of the burden of the conflict in the Middle East will be borne by households rather than businesses as a US truce with Iran falters and the Reserve…
S&P 500 closes at a fresh record as stocks catch a tailwind from falling oil prices: Live updates
U.S. stocks were higher on Tuesday, while oil prices slid as traders reacted to a number of solid earnings results. The S&P 500 rose 0.81%, hitting a new all-time high and closing at a record of 7,259.22.…
European markets fall as Trump threatens new auto tariffs
LONDON — European markets declined on Monday as investors continued to monitor developments in the Middle East and a potential renewal of transatlantic trade tensions. The pan-European Stoxx 600 closed 1% lower, reversing gains from…
Santos CEO signals potential 2028 exit as chairman departs first
antos chief executive Kevin Gallagher has signalled he intends to lead the oil and gas group until at least 2028 to guide it through the next stages of major projects, outlasting chairman Keith Spence who…
13 ASX stock picks tipped to benefit from an RBA rate rise
Fund managers are piling into insurers, gold miners and even some more affordable retailers, betting the stocks will be the biggest winners from the Reserve Bank of Australia’s widely expected interest rate rise this week…
The ASX is a defensive bet. So why has it fizzled during the Iran war?
The Australian sharemarket, dominated by banks and companies that dig stuff out of the ground, has long been considered a safe haven for global investors during times of extreme geopolitical uncertainty. But this year it…
Dow tumbles 550 points as oil prices rise and investors fear Iran conflict could intensify again: Live updates
Stocks fell on Monday as the latest developments in the Middle East sent oil prices higher, sparking further worries about instability in the region. The Dow Jones Industrial Average shed 557.37 points, or 1.13%, closing at 48,941.90.…