Pacific Perspectives
Santos hit by outage at Barossa LNG just as gas faces global crunch
Santos has suffered a stoppage at its new $6 billion Barossa gas project in the Timor Sea, cutting exports from its recently restarted Darwin LNG plant just as global gas markets face a severe squeeze…
Markets just keep ignoring the energy shock that is already here
There are better signs out of the Middle East, but even peace tomorrow won’t stop the existing oil and gas crisis. So why don’t investors care? For a moment there, it felt like we’d stepped…
Investors to splash $23b on battered ASX as BHP, CBA pay out
A rebound in the Australian sharemarket could be turbocharged over the next few weeks as $23 billion worth of dividend payouts is expected to be redeployed back into beaten down stocks if tensions in the…
The oil market is in ‘backwardation’ — Here’s what that means for energy prices
Points Source: https://www.cnbc.com/2026/03/26/market-trends-oil-futures-backwardation.html
Recession odds climb on Wall Street as economy shows cracks beneath the surface
Source: https://www.cnbc.com/2026/03/25/recession-odds-climb-on-wall-street-as-economy-shows-cracks-beneath-the-surface.html
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…
Bank investors ‘should run for exit’ if Middle East conflict worsens
Major banks are likely to increase their bad debt buffers in coming months as the energy price shock triggered by war in the Middle East squeezes the finances of business customers reliant on fuel. Bank…
Markets are gripped by an alarming cognitive dissonance
Markets thrive on contradictions. Every buyer needs a seller – and each thinks they are making a good trade despite the likelihood that the other is at least as well-informed as they are. Investors know…
Dow rises 300 points as traders hope U.S. and Iran can reach ceasefire deal: Live updates
Stocks jumped on Wednesday as oil prices pulled back and traders hoped the U.S. and Iran could reach an agreement for a ceasefire. The Dow Jones Industrial Average gained 305.43 points, or 0.66%, and closed at 46,429.49.…
Stocks making the biggest moves midday: Circle Internet Group, SAP, Netgear, Jefferies & more
Circle — Shares of the stablecoin issuer tanked about 19% after its rival Tether said it has hired an unnamed Big Four accounting company to audit its USDT reserves. SAP — The software provider’s share price slid…