Pacific Perspectives
ASX to extend sell-off as oil shock bolsters RBA rate rise bets
Traders are increasingly pricing in another three interest rate rises by the Reserve Bank this year, which would take the cash rate to the highest level since 2011, as the worst supply disruption in the…
The biggest release of emergency oil stockpiles in history was announced. Why crude may keep rising
The oil market sent a clear signal this week that a massive release of stockpiled crude by the U.S. and its allies is nowhere near enough to address the unprecedented supply disruption triggered by the…
Markets’ hopes for Fed interest rate cuts are rapidly fading away
As both energy prices and inflation fears pop, expectations for Federal Reserve interest rate cuts are sliding. Traders in recent days have abandoned hopes of an early summer easing from the central bank, a change…
Barrenjoey kicks off investor meetings for NextDC’s $500m bond
Street Talk understands NextDC and its bankers at Barrenjoey Capital Partners this week told fixed income investors that it is trying to obtain a credit rating from S&P, Moody’s or Fitch next year, after which…
Australian investors offered bite at Nvidia-backed DeepSeek AI rival
A local broker is offering Australian investors the chance to buy a stake in an Nvidia-backed American start-up that is developing “open” artificial intelligence models designed to rival China’s DeepSeek and could be valued at…
Aussie dollar jumps on oil shock as big four banks tip two rate rises
The big four banks are predicting the Reserve Bank of Australia will raise interest rates next week, just as the Australian dollar climbed to its highest level in four years and the oil price jumped…
Dow tumbles more than 700 points as oil jumps, closing at new 2026 low under 47,000: Live updates
Stocks were under pressure on Thursday as oil prices added to their surge on supply disruption worries while the Iran war continued. The Dow Jones Industrial Average fell 739.42 points, or 1.56%, closing at 46,677.85. The S&P 500 lost…
Food prices could rise as Iran conflict disrupts fertilizer supply chain
Source: https://www.cnbc.com/2026/03/11/iran-news-food-prices-could-rise-due-to-fertilizer-shortages.html
The bull case for (investing in) war is alive and well
athan Rothschild, students of history may recall, once advised buying “on the sound of cannons”. The British financier may well have been right about the current conflagration in the Middle East as a brutal market…
Traders, major banks point to rate rise next week on Iran oil shock
Traders and economists increasingly expect the Reserve Bank of Australia to raise interest rates next week as the conflict in the Middle East drags on, triggering a spike in the oil price and leaving the…