peter kinsella says it is not, where you had three rate cuts and then the fed indicated it was reasonablyxpected to sustain the expansion. three cuts was enough to sustain the expansion. kinsella says it is not 1998. it is a different world. let's check on the rest of the asian markets. timely enough. juliette saly. juliette: it is 2019. we are seeing the nikkei close higher than 0.25%. there has been flat movement in the yen after three sessions of gains. we saw japan's exports fall for a 10th straight month in september. a bit of bad data out of south korea with those 20 day exports adjusting south korea is going to see an 11th straight month of declines in exports. all of this a result of the trade dispute. hong kong giving up early gains. morgan stanley cutting its gdp real forecast for hong kong to 1%.8 despite that disappointing export data out of south korea, you have the korean won higher against the greenback. speaking of currencies, we have seen a lift in the yuan. have a look at my chart, or we have actually caught a bloomberg replica of the rmb index. this is showing the yuan