Chinas late rate cut. The asian market had to wait to this morning to react to that. Lets get to david inglis. The s p 500 futures in indication of how the u. S. Might go. How was about playing out in asia . David similar. What we saw in asia was the futures down. As the morning progressed, things did get slightly better. Lets talk about the shanghai composite first. It is having one of those violent sessions, it opened slightly higher, swung down 3. 5 , went down to about 5 , now we are up 2 for the day. One cut, thank you, but analyst pointing out for us that he is saying yes, rate cuts help. But trading will 29. 93 is the, number for the shanghai composite. Japan is the big player right now. This is what is really listing the asiapacific benchmark at this point. Have a look of the japanese currency weakening right now. Money is getting out of risk back into the securities. 119. 69 is the number right now. That being said, you put all of this together, it should be a much better day