SBS News In Depth Folgen

Day 12 of the federal election campaign was again overshadowed by trade tensions between the US and China. In Queensland, the Prime Minister pledged funding for school children to visit the Great Barrier Reef. And the Opposition Leader promoted his policy to cut net overseas migration, in Melbourne.

SBS Finance Editor Ricardo Gonçalves speaks with Ausbil's Chief Investment Officer and industry veteran Paul Xiradis for his take on the wild sharemarket moves as shares on Wall Street see their best one day gain since the Global Financial Crisis as Donald Trump pauses his latest tariff policy while Ben Clark from TMS Capital takes a look at the local sharemarket reaction and Gareth Spence from NAB explains why he thinks the RBA should be cutting interest rates by a supersized 50 basis points in May.

Stock markets globally have responded positively to a sudden reversal in US tariffs for dozens of countries, with a 90-day pause put in place. China has not been given a reprieve - with Donald Trump announcing tariffs on Chinese goods will be increased to 125 per cent.