peter mcguire based in syd ney of week.dney speaking about the ongoing trade tensions. ageing has ordered public institutions from removing public institutions from removing public equipment and software within three years and that is according to the financial times. they have confirmed it will be a huge blow to the likes of hewlett—packard, dell and microsoft. it is trying to increase china's reliance on home—made technologies. in north korea over the weekend, president trump tweeted saying that kim jong—un risks losing everything if he resumes hostility towards the americans. the announcement of saturday's test came just hours after trump said he would be surprised by any hostile action from the north, emphasising his very good relationship with kim. now to hong kong because it is exactly six months since the protests started and over the weekend, we saw hundreds of thousands of people taking to the streets in a peaceful march demanding greater political rights. after months of sometimes violent demonstrations, hong kong

pete mcguire joins us now in sydney. peter, an incredible run-up in 2019.urely, this cannot continue. is been outstanding. when you look at the performance, no one would have guessed you would have 1.5% to 2.5% per month gained. put on 48%.. the ball outocked of the park. paul: you were explaining before i joined you that it doesn't really square away with what interest rates are doing. peter: you are living on a deserted island and say what did the market do? what will interest rates be? seven? aussie is up 24%. should be 8% or 9% so it is not a true indication. monetary easing all over the world, and this is probably the fuel to get those markets to where they are and what is ahead of us, the next decade, will be outstanding. shery: we are seeing the 10 year breakevens around the highest level since july. are we going to see some inflation scares next year and notential -- potentially have n affect on how the central bank look to the economy? uper: inflation has to tick eventually paid when you look at the crude market, 63. that has been the headline we s