Pacific Perspectives
Jocks, nerds and rock stars: The best of this year’s Monday Fundie
It was another brutal year as investors navigated the chaos of US President Donald Trump, the ever inflating artificial intelligence bubble, gold’s remarkable run and some blue chip blow ups. Fund managers were hoping and…
Citi touts February rate hike in a bold call for the RBA
Citi is the first major bank to forecast an interest rate hike in Australia as soon as February after a run of hot economic data on inflation and consumer spending, joining a small cohort calling…
Before the Bell: ASX to slip, Wall St lower
Australian shares are poised to edge lower at the open. Shares were modestly lower in New York, paced by the energy sector and lingering tech weakness. Morgan Stanley’s Michael Wilson said risks persist for US…
S&P 500 closes slightly lower as AI plays weigh on market: Live updates
The S&P 500 ended Monday slightly lower as key stocks in the artificial intelligence trade came under pressure. The broad market index lost 0.16% to settle at 6,816.51 after beginning the session in positive territory. The Dow Jones Industrial…
Oracle shares tank 11%, dragging down Nvidia, CoreWeave, Micron
Source: https://www.cnbc.com/2025/12/11/oracle-shares-plummet-dragging-down-ai-stocks-nvidia-coreweave.html
Fed hits pause on rate reductions after divisive decision to cut
Federal Reserve chairman Jerome Powell says the central bank will pause its interest rate-cutting cycle for now to assess how three consecutive reductions support employment in the cooling job market, in a stance that could antagonise US…
Telstra, Vodafone bosses hauled before Triple Zero inquiry
The chief executives of Telstra and TPG Telecom, which owns the Vodafone network, will face senators in person this week as the crisis over Australia’s Triple Zero capabilities spreads beyond Optus to the entire telecommunications…
Fed-RBA rate divide spells good news for the $A
The diverging interest rate outlook between the Reserve Bank of Australia and the US Federal Reserve has catapulted the Aussie dollar to the highest level in three months after the US central bank cut its…
Costco tops Wall Street’s sales and revenue expectations
Costco on Thursday surpassed Wall Street’s quarterly expectations as its sales rose 8.2% year over year. The warehouse club does not share a full-year outlook. The company is expected to share more details about the quarter…
Fed still forecasts just one rate cut for next year
The Federal Reserve still sees just one rate cut in 2026, unchanged from its last forecast about three months ago. The central bank’s so-called dot plot, which anonymously shows 19 individual members’ expectations, indicates a median estimate…