Pacific Perspectives
Market correction risk looks elevated as stocks hit record highs, top Europe central banker warns
Source: https://www.cnbc.com/2026/05/27/ecb-vp-market-correction-risk-elevated-as-stocks-hit-record-highs.html
Project Constellation: AGL Energy ready for round two on renewables
AGL Energy is looking to sell majority stakes in wind farms totalling 1.7 gigawatts to private capital, Street Talk can reveal. The country’s second-largest gentailer has put up for sale the 831-megawatt Pottinger wind farm and battery…
Bond markets dial back rate rise bets after inflation cools
The market’s expectations of another interest rate rise from the Reserve Bank of Australia this year are starting to fade after a surprisingly cool inflation report reduced the pressure on the central bank to keep…
ASX to open lower
Australian shares are set to open lower as Wall Street quietened after a day of records. The S&P 500 and the Nasdaq were muted amid choppy trading but still inched higher to new records after…
Stock futures are little changed as Wall Street awaits key April inflation reading: Live updates
U.S. stock futures were little changed on Wednesday night as traders looked ahead to the release of a key inflation reading. S&P 500 futures and Nasdaq 100 futures both rose less than 0.1%. Futures tied to the Dow Jones…
‘The market has spoken’: Ferrari shares fall after carmaker unveils first fully electric vehicle
Shares of luxury carmaker Ferrari fell sharply on Tuesday shortly after the company launched its first fully electric vehicle. The Maranello, Italy-based sports car manufacturer unveiled the Luce, which translates as “light,” at a venue in Rome,…
‘Time to shine’ for active managers as brokers turn bearish on banks
For the past few years, fund managers have been punished for owning fewer bank shares than their passive rivals who simply buy the index. But those bearish bets may be about to pay off, as…
ASX share price plunge contains a dirty tech secret
It’s no great surprise that shares in ASX Limited plunged as much as 13 per cent on Tuesday, after the market operator told investors that the cost of its great technology turnaround had ballooned. The update…
Superhero hires ex-Ley chief, signalling fight for young investors
Superhero, the online share-trading platform popular among younger investors, has hired former Liberal leader Sussan Ley’s chief of staff to head its corporate and government affairs efforts amid a continuing backlash against Labor’s budget changes…
Investors ‘afraid’ to take position on oil, data chiefs say as tankers face potential Hormuz fees
Global oil markets were volatile on Tuesday, reflecting investor jitters over possible Iranian plans to impose a permanent fee on ships crossing the Strait of Hormuz as part of any peace agreement with the U.S.…