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Market waits for US-China tariff update, & Australian states warned of credit rating cuts

Market waits for US-China tariff update, & Australian states warned of credit rating cuts

SBS On the Money
15 min
4 Feb
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About the episode

The Australian sharemarket only partially recovered yesterday's losses, as investors wait to see if Chinese imports into the US will also see a pause on tariffs, as Donald Trump offered the reprieve to Canada and Mexico. SBS Finance Editor Ricardo Gonçalves takes a closer look with Jonathan Shead from State Street Global Advisors. Plus, S&P Global has warned a number of Australian states may have their credit rating downgraded... find out why with Anthony Walker.