Pacific Perspectives
ASX to drop; oil rises after IEA decision, Hormuz ship strike
Australian shares are poised to open down. The S&P 500 closed modestly lower as investors struggled to position amid President Donald Trump’s ever-changing war rhetoric. While market sentiment was boosted earlier by a decision by…
Treasury yields gain after sticky February inflation reading, oil price increase
Treasury yields moved higher on Wednesday as investors weighed a sticky February inflation report and monitored moves in oil prices in the midst of the latest developments in the U.S.-Iran war. The benchmark 10-year Treasury…
RBA deputy issues new inflation and rates warning
Reserve Bank of Australia deputy governor Andrew Hauser says the jump in the oil price will push inflation above the 4.2 per cent the central bank has forecast, warning that keeping interest rates too low…
Atlas Arteria’s M&A ambitions risk shareholder showdown
Atlas Arteria chief executive Hugh Wehby set the cat among the pigeons last week when he announced the toll road operator was actively looking at new opportunities across the OECD. Atlas Arteria also put some…
CBA chairman warns AI risks ‘hollowing out’ Australia’s economy
Commonwealth Bank chairman Paul O’Malley says the rise of the huge artificial intelligence platforms such as OpenAI and Anthropic risks hollowing out the Australian economy and sending value overseas. Source: https://www.afr.com/companies/financial-services/cba-chairman-warns-ai-creates-geo-economic-risk-for-australia-20260310-p5o8yc
How the Iran war and rising energy prices are threatening semiconductor demand
A prolonged conflict in the Middle East could impact the semiconductor industry’s access to key materials while rising costs could hit demand for chips that have been central to the artificial intelligence boom, analysts warned.…
S&P 500 ends volatile day slightly lower as Iran conflict keeps traders on edge: Live updates
The S&P 500 fell slightly on Tuesday in choppy trading as oil prices pulled back and traders kept an eye on the Iran war. The broad market index dropped 0.21% to end at 6,781.48. The Dow Jones Industrial…
Santos CEO Kevin Gallagher’s $1 million mistake
The Santos managing director pulled the trigger on $5 million in share sales the day before Iran was bombed. War! (Huh.) What is it good for? Santos, obviously. As the rest of the ASX gets…
Where this early Afterpay investor is winning amid the market meltdown
Sarah Lau has never been too far away from lively discussions about the next big thing in markets. She grew up listening to her family debate speculative mining stock tips over yum cha in Sydney,…
Bond traders already had their hands full, ‘then a war breaks out’
Investors closed their books on a month of mounting artificial intelligence risks. Then a conflict in the Middle East raised a whole new set of worries. ven before last weekend, Pacific Investment Management’s Daniel Ivascyn…