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Murray Olds: Australian correspondent on the Australian stock market bouncing back after earlier slump

Murray Olds: Australian correspondent on the Australian stock market bouncing back after earlier slump

Published 1 year, 2 months ago
Description

Over in Australia, stocks have surged after an earlier crash brought about by Donald Trump's new tariffs. 

The ASX climbed more than 6 percent in early trade, while on Wall Street the S&P 500 climbed 9.5 percent.

Australian correspondent Murray Olds says this has prompted calls from economic experts to cut the OCR ahead of the Reserve Bank's next meeting.

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