Japan on friday. About 160g to be up points higher compared to what we saw friday. Signs ofr showing strength ahead of the figure that will show business sentiment. The question is whether abenomics is working its magic. Business confidence is set to rise for the fourth consecutive quarter. Down. Break it a good morning. Very festive. Thank you. Of three points. A fourth consecutive quarter of gains. One is the Consumer Spending. It is important to get them have a lot of money. That is the april sales tax rise. It is 8 or numeral five percent. The inflation target is 2 . Theyre going to see the fourth gains. Any row of it is a year at abenomics beginning its course. Robust fiscal house spending will help as well. Companies have been maintaining their upbeat cap expenditure plans. It will be the most positive outlook since 2007. They confirm the japanese economy is recovering and allow the bank of japan to hang off on stimulus. Even more than the fed. A lot of manufacturing. It will go up by two points. April. Coming in we are really referring to the programs. When the lbd party is getting officiated. This in the 26. The yen has weakened significantly. The last year has seen that for manufacturers benefiting. China lost out in the u. S. To the japanese. The Car Companies are able to sell more at a cheaper price. That helps. It can be very important. Out three points. The nonmanufacturers sell sacks of Consumer Spending set to rise 60 points. Capital expenditure is seen going up by 5. 5 . You will be breaking those in less than 15 minutes. Lets go to japan to china. Is widening to include tougher laws against the nations antimonopoly laws. Were joined from beijing. Good morning. Walk us through this. The push on the anti trust fund . Good morning. This is a part of president xi jinpings crackdown on corruption. If there is one thing all chinese leaders have been afraid of is inflation and rising cost of Living Expenses leading to an unsettled population. This move is aimed at both of these factors. A violation of antitrust leading to higher prices in the people getting kicked off. China is getting much more expensive. Chinas top planning body says supervisegin to pricing in select industries and punish companies that break these antitrust rules. If theyre going to enforce it much harder. A highprofiler investigations we have had over the past several months of a number of companies, localnd foreign. Most recently we got a note a recent negotiation on qualcomm. Recordckdown has seen fines on milk produces such as Mead Johnson Nutrition company if that is the largest seller here in china of baby formula. Government finds six Dairy Companies with 109 million for pricefixing. Authorities say they tried to fix minimum resa prices of. Heir products it therefore hurt the consumer here. Ndrc said it will improve mechanisms in order to mitigate the rising prices. Here is the key. To mitigate the impact of rising towards, this is a move the population here. Thank you for that. Lets give you a sense on how the australian markets are opening up. Theyre coming out of the gate. E are seeing downward pressure the Australian Dollar continuing the losing momentum we have seen this week also by a fit of 1 . When fits of 1 . We have some breaking news emerging from australia. It is what farmers are considering to sell. Like 1. 8 four 5 billion. We get details on that. That is the breaking on the corporate front. What haseen marking been happening. If you take a look at the First One Hundred days, the government is supporting the National Airline. Theres also a long expansion of the bhp line. Break it down for us. Been set by delays. It is about 500 kilometers north capital adelaide. They have been struggling with the foreign price of uranium. It would make it at the largest uranium mine in the world. Of 150bott says his max days is support for the government. Last week we had the news that the carmaker would be shutting up shop in 2017. Theres also a suggestion that there might be some government assistance for qantas as well. Strugglingnd frequently appear in the same sentence. A show for it and foreshadows a loss between two and 50 million. They have a pretty hefty price wall. Version virgin are able to hire over. They have some pretty deep pockets. Qantas is stacked with a Foreign Ownership flaw. The government is going to be meeting today. It will have a guarantee. They really want in a National Airline to do well even though it is struggling right now. The government is trying to get in a lot of news. Tomorrow we are expecting some very bad news from the willnment treasure that announce the Midyear Economic and fiscal outlook. The Prime Minister getting retaliation. Ahead of that news, we have the Australian Dollar extending it a consecutive week of structure. Thank you for that. Lets talk about him and they now. Has rejected synnex. It undervalues the company and is not in the best interest of shareholders. Senex hasid withdrawn their altar. Mario draghi has lost a key ally. They believe they joined the german government. He has been due to say until 2019. E has been a crucial link he will become a deputy labor minister in Angela Merkels new administration. He was adamant about staying in the job even in a coalition with the spd. Lets bring it back here. Singapore says it will continue to tighten regulations on Foreign Workers following last weeks street clashes. 400 people were involved. They say overseas labor has contributed to the growth of the economy but has also put a strain on infrastructure. Around a third of the workforce is made up. We are continuing to heighten our policies. We do recognize some of the destruction. We will do that another week. Weor relations are something do not take for granted. Clacks you can hear more of the interviewh siitores acting minister later on in the program. It is a run 10 minutes time. Up next, t feds decision on this week. Expected were going to break it down for you with richard get. He will join us live from sydney on what we can expect. Stay with us. Welcome back. A quick look at what we are watching. By one ofy controlled chinas richest men and plans to raise as much as 368 million. Wanted group acquiring amc last year. It will retain an 80 stake. On tuesday, this is what we got for you. It is led by a winning coach. Whoever wins that game moves on to the finals on saturday. It is going to be a very interesting day on the 18th. It is a top decision. Does he raise Interest Rates or curtail inflation . That is the question investors will be asking. Does he perhaps keep rates unchanged at seven point 75 to help boost the growth that india is experiencing. Economists are expecting no movement. On friday, china hopes it is a third time lucky. They hope to raise 3 billion to shore up the capital. It will be the largest share sale of the year. Lets look at the head of economics at macquarrie. It is so good to see you. What do you expect from the fed . The ballyou would get started . I do not think it is on. I think janet yellen has to take ownership by the fed. There will not be any move until 2014. Time of year to be considering such an important shift. This has turned into a liquidity. There is a lot of the expectations. I gained a move now. The fundamentals are pointing toward the fact that they should taper. This may well see the precipitation rate fall further. The improvements we have been seeing have been coming with the client and the participation rate. Not as strong is as a lot of commentators would have you believe. We are seeing mortgage approvals. They have been a little more fractious as the 10 year bond yields have picked up. Were end of the day, going to be replacing purchases with promises. You dont think ben bernanke will be the grinch that stole christmas . The markets are hoping we get some for of guidance. We may not get tapering. He has to give us guidance. No . Will get another cut of the Economic Projections from the fed and board of governors. This has continued to fall. We will get guidance in that sense. We will get a fresh cut of the Economic Projections. Lets bring it back here. Tomorrow will be a big day. The rba will reduce those minutes. It will be a deficit of 50 billion Australian Dollars on the high end. Where is the australian economy headed . I suspect it will take the Australian Dollar down a little more. It has been happening as a result of the job earning from the central bank. It is likely this is a clearing by the government. This is what the impact has on Consumer ConfidenceGoing Forward. Balance immediately post the election in september. Ebb ands started to flow. It is important the government set out where it thinks it want to head Going Forward. Any news on the 18th when the governor is going to speak before the economic House Committee . Will he give us any hints on where were headed . What are analysts looking for . Theheyre still looking for . 85 level against the u. S. Dollar. This is the current fundamentally justifiable fair value rate. They really have one policy. He is very concerned about what has been happening with monetary conditions in the australian economy. This is to other parts and other demand areas. We appreciate your time. Richard gibbs, the global head of economics at mcquarrie. Withg up, singapore deals the first serious unrest in years. Was it a symptom of growing discontent in a city state . Our interview with the minister is next. Welcome back. Singapore is still dealing with it first serious street violence in decades. To our South East Asia correspondent, singapores acting manager said it is not a reflection of Foreign Worker discontent. Have not had a right for a long time. For a long time. It would not be correct to generalize the behavior. They areave found as responsible. They are hardworking. They are here much like our forefathers. There is more than meets the eye. It goes deeper than that. It goes to substandard accommodations. There is no denying that they are on record to say it. Important not to draw quick conclusions. As we know so far that they have brought up. Are using Migrant Workers are well protected . Many Foreign Workers have disputes. Example, we had about 3700 cases. We dealt with. We have stepped up raising awareness. We will see probably more. We have about 970,000 workers. It will come to about 1. 1 million. It exploits everyone. It would extrapolate and say that because there are employers. We are contending to the powers. That inealing with other ways. In terms of labor relations, we do not take it for granted. Before we get to the break, for those watching in the u. S. , you may have had a chance to watch Peter Jacksons hobbit trilogy. It topped the box office on the jv weekend. This excavation took nearly 74 million in the u. S. And canada. It is pretty solid. Predecessor had an unexpected journey. It took more than 84 million in the very first weekend and one on to earn 1 billion worldwide. They lose the luster. More details when first up returns. Stay with us. Mikes welcome to our viewers from around the world. You are looking at live views from victoria harbour. It is going to be a very rainy afternoon. Were looking at highs of 15. We are 30 minutes away for the open of trade in japan. U are watching first up we have a job at the open for quantities as australias government says it is ready to help check for indonesias big things. Lets get a pulse of how markets are trading right now. Like. S javier a sex looks we have losses off. The Australian Dollar also losing steam. It is continuing its eighth consecutive stretch of declines. The Australian Dollar is under pressure from the decline. Look at how this is shaping. We are counting down to the opening session into japan and south korea. Looks like well be pricing up about 140 points higher than we saw yesterday. Those features are down in the session. Away from what is happening with the markets. It is timely look at goals. This reached a record last year. Many have pulled out. I guess you are looking at all the damage. This is pretty much been the worst year for investors since 1981. Imagine that. This year will be the first time for drop in prices. Lets look at holdings at the 14 Biggest Exchange rates. Investors have really gotten exposure. You do not have to pay for storage. That has fallen more than a hundred times. It is 31 year to date. Where has this gone . It has gone into the s p 500. Even emerging markets all this. Theyre not going to have any more. Seen a real business impact. We have seen billions of dollars of writedowns. Not profitable to dig this up. Cost 1000tes it may 200 u. S. Dollars to dig those prices out dig the gold out. That is where they are right now. Youre not making money on it. It will gotions that even lower. The question is are we going to see more declines. That is what people are seeing. Is the bull market over . Is it over . Is it a structural correction . Average 1216 will u. S. Dollars. 300re looking at a further from this next year. A lot people have talked about what is the reason. Is it the hedge fund . A little bit of everything. Take. Is a very unique whether you are a billiondollar hedge fund or a retail investor. You are really just waiting to see where the price will set her before you get back in. Nobody knows where it is going to go. If you can take a look at where we are at right now. It is a very good investment. It has been a good investment. Last are not where we were time. There we go. It is not bad. Probably the leading indicator would have to be what the fed is doing. This is still something that will hold true. Take a look at the 30 year chart. Theres upward momentum. You would have got in. Thank you for that. Indonesian leaders will likely face a new Risk Assessment standards as the economy grapples with a fallen currency. Lets get more details from our Southeast Asian correspondent. What will this entail . Enough too longer attend if i risk only at the bank level. They will need to include the risk profile. Are pretty much looking at more extensive risk standards. They would be required to pay a levy. Have been banks expanding by financing companies. Others have started a brokerage business to go beyond commercial banking. With aia is grappling weakening currency. That prompted a tightening of monetary policy. The country is seen as being vulnerable to fed tapering. The bankingys sector has an appropriate buffers to handle all of that. Indonesian banks are the most profitable among the world 20 biggest economies. That is a fast snap to know. If you look at the overall economy, they have talked about deepening the capital market. Any changes expected in the coming year . Does look like indonesia wants to attract more ipos. This should help encourage more midsize Indonesian Companies. Product development is a top priority. Indonesia implemented rules just last year to limit m a. A 40 cap on institutions buying this. This got hit by the new ruling. It is set to buy a deal that will cost 6. 5 billion. We know it is not to be. Thank you for that. The bank is said to raise 3 billion in the biggest ip this year. This is below the middle of the range. There are 37 more shares. This is the final bid on june. They discouraged the last projects. They said they were helped. This would make it the worlds biggest uranium mine. That was todays company news. I am john dawson. Indication ofst manufacturing in japan will be joined by hsbc on what exactly is here with us. Stay with us. Welcome back. The future estimates has been a major talking point. Especially when the fed will wind back it ever winding bond program. This is a bipartisan bill that sets Government Spending at about 1 trillion a year. Holdings plansnt to raise as much as 300 68 million in an initial public offering. The stock is scheduled to start trading on wednesday the 18th. Fromig driver will come the federal reserve. The fomc will release a statement wrapping up the two day meeting in washington. 34 of economists expect them to announce the tapering of this bond program. Following, they will release a summary of u. S. Economic projections and ben bernanke will hold what could be his last News Conference as fed chairman. The General Electric ceo briefed investors at the outlook meeting where he will expand explain plans to expand industrial businesses. Wednesday, earnings reports from mills, fed ex, general nike. It will be a different story for blackberry on friday. Aalysts expect them to report thirdquarter loss of . 42 per share as sales continue to plunge. Following the earnings release, he will provide an update on the strategy and organizational structure after highlevel exits last month. We will have more right here on bloomberg television. We are moments away from japans latest data. She is a japan economist at hsbc. Thank you so much. Anyhis is coming out minute. The expectation is with the Large Manufacturers. It will be at the highest level since 2007. What do you think . Has this contributed to the success of abenomics . It has helped weaken the yen. Is in the stimulus third quarter. It is an environment where exports are still turning weekly because of the global demand. What is the worstcase scenario in terms of what the economy is going to have to face . It is relatively smooth sailing. The only real significant risk factor is another slowdown in the overseas economy. The question is what happens after. That is a bigger risk. The big risk here is tha