The overnight. I understand the big move. Here you go. The chinese leaders will do more to boost growth. It makes policy more forceful. Latere a Rate Decision and they expect the increase after a survey from bloomberg. Members took board meetings before the policy decisions. Backials scaled engagements. Year andre up next they said the demand for housing stays strong in the economy. Rocket has gone to orbit. It intoo rocket guided an old missile range. For more on these stories, go to bloomberg. Chinese leaders will do more. There is more stimulus. The chief economics correspondent joins us now. How significant is the announcement . Is significant and we do not know what the growth target is. Thate meantime, we know they have to do more to keep the edge. Particular, we see a shift supplies and it is significant. We are not reading much into thes comments. Important and the official commentary is about easing up and freeing up the tax code to shake up the enterprise sector. It is the glass industry or the steal industry, there is too much of a standard and the government is moving always from the psychologies. They are talking about doing more. Thank you. Peter. Bringing in good to have you. Policy thate more is flexible and this could be significant. China. E positive on underestimate the firepower and this is another example of tools they have to pull levers. Fiscal andormous monetary policies and we are starting to see positive effects. The production will increase and we are seeing this improving significantly. It is interesting that there is some support to the homebuilding and reducing it supports the housing sector. There is a big capital and we are starting to see the spread with the ability for local governments to have access to lending with real estate deals. It is likely that we see a housing collapse. Struggling to find some direction. There are a lot of weaknesses in the rally and they expect more because we are looking at training volumes around the region and seeing volatility with traders. We have a little strength with Airlines Across the region. All of these transport stocks are picking up. A bit of pictures that comes to iron ore, who see gains in the record lows. Lets see the property developers. And it will get properties up again. One of the laggards in japan today is a company that projected losses on the back of deteriorations of a brazilian unit when it came to the currency. There was news they would be bought out by an electronics maker. Toshiba at, this is 13 today and we are looking at a seven year low. Are switching things back a professional d thates firm made a big was agreed on in the netherlands. Premium and itt seems that it has been agreed. We will monitor this one. The meetings with the investors , following thed freedom of information request in the sensitive times. Lets speak to our editor. It is good to have you on the program. The ecb has been raining in the market. It shows executive board there is a perception there that this cannot be right. We do seem to be scaling back. The range in malta was significant. The new ways of finding stimulus were announced and it was a surprise with the number of areas being visited remaining high with the likes of capital credit. Unit things continue on and, for some, it may raise issues. It is a tricky one. A tricky balance and they have to take market activity and know what is going on. They have to be showing to be giving everybody savings and not revealing anything they should not when they should not. The policymakers are in the ivory tal are tower and need to get out. Trading rapidly and the key is to make it plain through the meeting that we do not need marketSensitive Information close to the major Monetary Policy decisions. There will always be a risk that people say you did not say anything in the meeting with some people. Reading body language potentially wrongly. Beenarkets have disappointed in the ecb wants to avoid this happening. Thank you to join us there. We get the net borrowing figures and the central rank announces the interest Rate Decision. Next, will turkey be the lace economy to join the club . Anna you are watching countdown. Suisse filed a claim with the authority and a unit went through the Private Banking business. Has named three senior bankers. James has been appointed to the panel. To pull a is reeling from outbreaks with e. Coli and five illle in kansas have fallen , according to the centers for Disease Control and prevention. Mcdonalds have fallen the most in five years. The japanese arm is in a series with scandals. Global Box Office Sales have improved in the shares price is down. And analysts told bust that people are telling us what they think they are no. They are talking up the franchise. Knew the most important thing we had to do was to make good films and this was going to always represent to the company more. We look ahead and there is a lot of activity that is star warsrelated with plans across the businesses. A rocket exploded on one turned. Ew retro rocket guided it to a landing in cape canaveral. Catch up. N these, the Central Government says it is reasonable to expect a rise. Lets go to the reporter right now. Good to see you. What are we expecting today with the Interest Rates and did you infer anything from what the government had to say . There was the increase of the repo rate and the overnight borrowing rate today. Would begind they to simplify the Monetary Policy framework regime and they signaled a process would start. Rates and it raise was expected to follow. That is the expectation today. Anna how does the politics fit in . Does that go on the show today . Is a big question today and they keep borrowing for the investments. Advisedk, the president the Central Banks have an opportunity to cut rates and there is the impression that the central bank will be watching. Even if they raise the headline rates, they can keep the headline funding. This is what we need to be looking like today. It was a doubleedged move. The company is looking at the currency a little bit. Give us a reminder. The Central Banks target is runninge inflation is way above that right now. The inflation target weakness is a currency with into the fed hike this being one of the better performing once. Pressure on less the central bank after it performed poorly. Us. thank you for joining lets bring peter. We have the turkey Central Banks here today. The markets expect a hike and the events take place in the liquidity conversation. And theis correct recent gdp number has come back at 4 . D connectn able to from the political constraints with the inflation that needs to be tackled. This is above the expectations they need to tighten the rates. Capitalctations with have been destructive and they need to start matching the fed to make sure it does not become something destabilizing. Cycleer the start of the and how long it lasts, is this something that markets need to keep up with . It will become a trend to match the fed and make sure the capital outflows do not become destructive. Where does this start to become a policy where gdp is not strong and it starts to put a dampening effect . Idea 2014 and 2015, the was that the race to the bottom was as weak as possible. We have gone to a point with Great Expectations over stripping weaknesses in currency and destabilizing. They cannot rely on this revenue and it makes it difficult to keep the balance between the weak currency. The Central Banks will have to step with the emerging markets and keep things sticky. Report on the extent to which they have been raining back meetings in the political conversation. Stepping away from that, where do you see the ecb going . Surprised by the september meeting and how hawkish rocky was. He does not want to move forward , unless he absolutely has to. What we are seeing in the solidnes is things are and we may see a recovery. , we do as we see growth not think the ecb will go further. It will get into is destabilizing area. You see what happens in japan and it eases acrosstheboard. Eps is a significant conflict of interest and i see it in japan. The market is egging him on and he may reach the limit of what easing can do. I do not think he wants to insight the market into lower interestt rates. I think he will rely on growth and policy changing. Have geography, we discussions on Monetary Policy. I read that more needs to be done. I think so. There is a change in the rhetoric that is clear. They are looking at japan. Is this the most effective usage. This will be part of the project and it will be ecb toting to allow the and does policymakers the political situation come back . We will see. Thank you. Store andhat is in what you expect in 2016 . When youre on hold, your business is on hold. Thats why comcast business doesnt leave you there. When you call, a Small Business expert will answer you in about 30 seconds. No annoying hold music. Just a real person, real fast. Whenever you need them. So your business can get back to business. Sounds like my rides ready. Dont get stuck on hold. Reach an expert fast. Comcast business. Built for business. To discover the best shows friends together and movies with xfinitys winter watchlist. Later on, well conspire as we dream by the fire a beautiful sight, were happy tonight watching in a winter watchlist land, watching in a winter watchlist land xfinitys winter watchlist. Watch now with xfinity on demand your home for the best entertainment this holiday season. Anna lets go to first word news. Monetary policy was made more flexible. Rate decision later and they said it is reasonable to expect the increase after the lift off. The ecb suggested the executive with members curbed assets policy decisions. They showed the officials scaled this. There is a perception of unequal access to monetary information. The analysts are saying there is a muted decline and a potential gain in the euro. Supply will drive the demand for housing. It remains strong. A rocket exploded on takeoff, a new rocket has gone to orbit before returning to earth. The retro rocket guided it to a landing. Your bloomberg first of terminal. Thank you. Stay with us. We have the china stimulus story adding things. Absolutely. The chinese stocks have dropped from a high with a mixed picture. You can see it is pretty muted a muteddging into reaction as the investors are looking at what the signal means. Reaction int the the commodities market, we saw it earlier. Expect medal to rally with good news from china. Chinas less about the story and more about the u. S. Later. Both are hovering around 36 dollars a barrel and it has been a punishing year for the crude market. With metals touching a onemonth aussiet impacted the dollar. Andcan see this up there the dollar is heading for the biggest monthly decline since april. Rise isance for the coming up. Retailers look to simplify in 2013. Could 2016 spell the end of the markets . It is the stuff that dreams are made of. Charles. Good to see you this morning. Walk us through some of the things we have seen. Role hasercomplicated been put under huge pressure. Getting stock turnover quicker, there trying to recognize imperceptible from yeartoyear and we could see more with the populations. Worked talking about. Worth talking about. There are a lot of families in the u. K. And there will be more with the population growing. People doingeeing isngs in other ways and this to control the budgets and people want to be sure of what they are getting. Suppose your interest in retail comes from looking at lending and there are countries that should benefit from the prices. Beeneather has unseasonably warm. Somaticke it from the it has not been this healthy in quite a while with the wages improving. Playing like they are and they are more likely. Trends withas the food retail . Was it delivering as much as people said . It probably is the u. K. Or they may go higher and, for some individual retailers, we think it is getting close to 10 of the grocery sales. In how to dochange companys neede to move the operation to be competitive. It changes away in recent years. What are we expecting, in terms of changes . Locations have been snapped and people are looking at different places to see Smaller Stores in different places where you need to get chances. D in delivery big stores with profitability in the format. Thank you. Were looking ahead to the retail story. Lets start by delving into your thoughts on the fed. We have seen a number of people with what janet yellin and the fed did. Jobhe is learning on the and has stumbled a few times in a challenging situation. Off at nasa or the fed is an extreme event. They knew it would happen and there was a priced in sentiment when she finally launched on the high level of the easing and the unprecedented Monetary Policy. It showed the maturity. Anna you have the federal gradually, weand, sort of work that out. The fed officials have been pointing to this. It is good communication from the fed. Aat they are expecting is significant deviation. Correct . Is it the fed . Normally, they missed the mark. That i generally rely on between 12 rate hikes in the year. More accurate for the Federal Reserve . I guess they will go with a few that they can generate the inflation. Ofthere is an extreme amount deflationary pressure and it makes it hard for me to imagine that we see any movement in the inflation in the u. S. How many do you think . 23 and we think they will be conservative and not aggressively tried to jump in. Without the strong Wage Inflation and the pressure of behtening, it seems to not the best solution with growth being fragile. Anna interesting. Peter stays in little longer with us on the program. Have been real roller coaster rides in the Foreign Exchange markets this year. We will look at the best and the worst and itis bigger than big is 230 million domestic and, sunday, yesterday, it ended and itr than anticipated is higher with the international. We expect the total growth in hasneighborhood and china yet to open. It is an incredible weekend. Perspectiveinto with the business strategy. What you doange next year . Is baked in on the movie films finished shooting. It does not change much. With valuese is up creation. It is more than a movie. Version been through a of this before. Take us through the revenue stream and the spinoffs. Star wars is more than a otherand we touched on franchises in the company. Viablers is the most franchise in mythology created in our time. There are six movies george it was always bigger than this. There are books and games and consumer products. The most important thing we have to do is make good films and it was going to represent more than a movie. So, as we look ahead, we have a companyctivity with the , including the parklands and others across the business and territories. This was the chairman speaking to bloomberg on the new Star Wars Film from over the weekend. It is 7 46. Thank you. Credit suisse filed financial from thed a unit banking business. Ship. S about 70 jumped and they are investigating the people who got sick within a week of eating. Shares of the donalds have fallen the most in almost five years after a newspaper reported the plan to cut steak in the unit. Again afterfallen the company forecasted a 4. 5 million loss with shares plunging to a low. Has about 2firm billion in market value over the past days. Has been a booster for the first time. It was guided into the old missile testing range. Much. Nk you very it is a roller coaster year in the Foreign Exchange markets to shape the currency. Richard jones joins us in the studio and we are joined by peter. Thank you for joining us. Shockingbeen the most part . Space iserging market move isand the shocking and we had eye watering moves. There was a shocking move and they talked about how they are anditted to this policy they had abandoned it. The trouble is that you either have a pay get or you do not. You talk about having or having not having one in the future and that does damage. It would have been the market taking in a lot of money and they would not have that. What is interesting is a connection between the central bankers in the markets becoming in a clearntertwined understanding. What they did is an us versus them approach. The central bank is saying a thing and it may not be what is happening. You saw this coming. It is peripheral where we started and there is the accumulation of reserves that is unsustainable and we knew they would drop a bomb. Andtwo are incompatible there was the outside idea coming to fruition. The central bank is pivotal do you think it is successful with a weaker current see against the dollar . You can say, if that is the metric you want to judge by, it has been very successful. Bouncedsouth and it has without itable time cratering. Using the metric will be successful. We will the scsi this in the conversation. Which side you have the view for . They underwhelmed the market earlier this month and they want to keep something in the back pocket. I do not see an imminent stimulus coming and i think there should be a right to do it, if there is a need. The currency is what theyre comfortable with and the data looks like it has trough. I think you will be happy with the way things are. Back, do you think it was structural . There will be a lot less and awayaluation that takes in argument for china to be the sdr and it is what they are trying to move away from. Where theysky move did something to get back on inclusion. T is an improvedrisky move and to work out. Anna the fed raised rates. Are you surprised with how calmly the markets have taken it . I think that the Foreign Exchange has been rumbling along all year and it is a consideration on the strength of the dollar to keep it tightening. It may have done some of the tightening for them and i think that some of the moves this month had this in mind and it was guided by this in the previous month. Of 2016be a big theme and does the fed hike this as quickly or is it more about market consideration . I think the policy will be a big driver of the themes. Was there a draw in the traveling with the rate hike . It has been a move and a lot of Dollar Strength is on the line. If we do not get an aggressive ecb, the differential tr