Remaining unfailingly optimistic , the method the stock could jump in. Amazon delivering for jeff bezos, making him the fourth richest person in the world. Nearly 62 billion. Please follow me on twitter. Singapore trades, on the way down, just over 15 . We are expecting a drop of about 9 there, as well. We want to see if there have been any reactions there. Pesos,much unchanged, 46 69 could buy yourself a dollar. In china and indeed in hong kong, taiwan and malaysia coming on stream with julia. Juliette we are watching the south east stocks quite closely today. Youve seen a pickup in the singapore,. 7 . But they have been on their before theing streak Asian Financial crisis, malaysian down by. 1 three but there is a rally coming through in regional stocks. Regional, we know the index for japan has been on an increase, as well. Things are looking good, things to that rally in European Equity markets during the session led by that rally we saw in oil. Nikkei up by 1. 5 . They are leading with those gains we have seen across the region. Up by 13. 5 , a very solid again coming through there. 1. 1 , solia, gains of a good pickup. Also coming through with earnings up by 6. 5 . Oil players are higher and gold stocks today. This increases Consumer Confidence. Since its highest since 2014. New zealand looking quite strong. But we have seen a switch. We are waking up the south korean jobless streaks, a little extra data coming out of the region, as well. Looking up for investors, and we will be looking at china and hong kong at the bottom of the hour. Stocks surging the most in months, dropping almost by a third as it struggles with its lossmaking u. S. Carrier. Lets get over to tokyo bloomberg. What can we expect from these results . It certainly looks like the bank is making real progress. Stemdvantage to subscribers, and cutting costs. Pavel but it could take several years, as they have acknowledged. But it is far from a foregone conclusion that when it is over, the spread will be worth the 22 billion price tag the company paid for it in 2013. This was his experience a decade ago, making its domestic operations profitable. By all estimates, it has been an allout success. They have now generated about 700 in yen. Despite the steady improvement overall, this is not reflected in the companys market value. Cap,out 65 billion market they think it is still worth about the same of their largest Stake Holding in alibaba. And that is not counting yahoo japan, super cell, and other investments. A long way to fix that 22 billion valuation gap. But the company has more drastic measures that it could implement , for example, listing domestic operations and unlocking what could potentially be dozens of billions of dollars in value. Rishaad thank you very much, pavel . You can always use our trendingbusiness. No and to the pain of commodities insight, according to certain brokerages. We will look at those and other stories we are following for you today. From japans largest trading houses, oil recovered from a 12 year low. See noese big traders recovery on the horizon for commodities. The crash, their first annual losses from mitsubishi and others, which are champions in the nations economy. Upforced them to really ramp the shift away from energy and raw materials. They have invested heavily during the boom. Look at that forecast. It is not pretty. They all expect further declines in oil, gas, and copper prices. Flooding 19 in the fiscal year. Look at that, the most bearish, nearly 29 . Some prices could stay stagnant in the next two or three years. And lets look at the kiwi dollar, on a bit of a tear here this morning. 6 percent, it rose as much as 1 . The new Zealand Central Bank said it is watching its nations booming Housing Market to see whether further restrictions are needed to curb demand. Balances in the Housing Market continued to rise, contributing to Financial Stability risks. Cut the Graham Wheeler cash rates to a record low,. 25 . He says it may be required as inflation undershoot its target. He is also worried that Lower Borrowing costs could further fueled as housing boom. A little spike on the currency here today. Finally, disney shares some more than 5 in extended trade overnight. Not even the force has allowed them to beat those forecast. Reignited theey fears of jittery media investors, who has seen them lose viewers and add dollars to online media. The first loss in five years for disney. The ceo is making deals, like and others, to make up for declining subscriptions through traditional cable. Disney also announced it is closing its affinity video games section. Rishaad the biggest gadgets exhibition in ages, there will be drones and much more. We have a haidi on the floor. Haidi there are a lot of very cool things. Keep in mind, this is only the second year it has come to asia. It is the biggest tradeshow in the world, going on for half a century, but here, we have numbers ofn attendees and exhibitors doubled from last years exhibition. You can see all around me, the buzz of excitement, the new technology. There said that, though are real issues that plague a lot of Companies Like apple, facebook, and google, when it comes to this very lucrative and difficult Chinese Market. Earlier week spoke to the president and ceo of the company that runs this event. Thepoke a little bit about balancing act between western countries wanting to get into china, and some of the issues they are dealing with right now. Take a listen. These things are cyclical. There are always ups and downs. China is too big and established , and too embroiled with trade to be isolationist. I am optimistic, i think these things work out over time. So it is not just fun and toys, although there was 20 of that. Other Big Companies were here. Also, carmakers like volkswagen, and others. , intended tocars make our lives easier. Also, drones. We will see a company that makes the smallest drone in the world, the size of a paperclip. Things to see here in shanghai. Rishaad thanks a lot for that. Of course, is the dip in the dollar really over . What we should perhaps recover in the second half of the year. The reasons behind that, next. Rishaad Goldman Sachs says the dollar slump is over, after the rally from last years alltime low. The seven months show expectations for growth and a rate hike went too far into fast. It is asians the dollar for a rebound. Goldman sachs estimates a chance of 50 , as it normalizes. Usy are expecting joining is Christopher Brankin from ameritrade asia. Thank you for joining us. Give us your base case as to what happens and what needs to happen for the dollar to appreciate. The way the market is going, it is being mispriced. Christopher i think so. I am in the camp that we will more rate hikes for the remainder of 2016. So the feds stick to the 1 mandate or goal for the year, in terms of where the rates are being held. Along with the fact that the u. S. Is going to be tightening everything from the ecb, jcb, australia looking to ease its policy, those things in tandem will appreciate the u. S. Dollar in the near two midterm. But i would definitely like to see the u. S. Dollar appreciate in the latter part of this year. Rishaad but the spreads remain roughly the same. It is about the margin, isnt it . Get more base points this year . Christopher i think so. Dont worry about the next time the fed raises rates. Worry more about the church rectory. As we keep pushing this down the road and keep these policies. Correlation, these will strengthen the u. S. Dollar going forward. Rishaad the governor has , forps been responsible the slight rise in oil prices, and rising equities as well. Than a stronger dollar result in the opposite . Christopher potentially. Definitely, the u. S. Dollar is driving economy prices worldwide. From yesterday, you saw a fall back in oil prices, it adds u. S. Dollars, maybe get a little footing, and bounces back to the 137 level. Customeree from our base, and the commodities tied into the Interest Rates, we see our customer that Td Ameritrade asia being sellers of commodities, mainly crude oil over the last couple weeks. That is in tandem with where the dollar has been going. Going toward, theyre keep a close eye on where the Interest Rates are headed. Help drive those underlying commodity prices, as well. Rishaad it is interesting. This is the end of the u. S. Reporting season now. Going into it, everyone said this would not be good. But we beat the estimates in large part. What picture is painted for you these last few weeks . Christopher you are right. We are about 90 through the earnings season. We have beat about 75 of the earnings. 53 of sales, on the earnings side. Like you said, it was so depressed in terms of what they were expecting, as to whether we would beat earnings. Because the earnings projections were so low, they did not get a lot of appreciation from the investor base. And now, we are punished. Until yesterday, we saw this huge rally back in u. S. Equities, it was a disappointment from the earnings sector, simply because of expectations being so low. It, one coming out of of the unknown knowns is how apple would do. You have decided to turn bearish, havent you . Talk about that. Christopher some of the most widely held names we have are some of the most widely sold names in our Customer Base. Over the last month, apple coming in after the earnings, not sold by our customers. Also with alibaba. Another we have seen in correlation with the oil is chevron. The appreciation of the stock has come up way you where it flows were. Weve seen a lot from apple, alibaba, and chevron. You are classically defensive. Looking at what you like at the moment, you have at t, wells fargo, and ford. Christopher yes. I think that ties into two things. The yield on these stocks have been decent, that 3 , 4 level. We have seen our Customer Base that Td Ameritrade asia, adding to these positions over the last month as a net new buyers of these stocks. On the hole in april, our Customer Base has been a slight net new buyer. I previously mentioned the apple, alibaba, on the sell side for our customers at this point. Rishaad Christopher Brankin therefrom Td Ameritrade. Checking on stories from headlines around the world. Donald trump has one the West Virginia primary a week after driving his competitors out of the republican race. Despite ted cruz remaining on the ballot, he mentioned he might rejoin if he will does well in nebraska. The u. S. Navy has a sent another worship into disputed waters in it wenth china seas, too close to islands owned by the philippines and china. Also building an airstrip, the u. S. Says the destroyers voyage was a freedom voyage in what they consider international waters. Almost 1300 new planets orbiting stars in our galaxy, including nine of that could potentially support life. More than 3000 xo planets exoplanets have been found from in 2009. Te launched too hot nor too cold for life. Now there is a new planet Hunting Mission next year. By 2400 journalists by over 150 bureaus in the world, this is bloomberg news. Rishaad with the election wanted, the president of philippines toughest task yet. Maintaining a steady hand, not rocking the boat. At that humming ahead. Alix rishaad taking advantage of rising demand for oil. The company says it will boost capacity by 33 over the next couple of weeks, and will double natural Gas Production in the next 10 years. Ramcong whether to sell a aramco. Not convinced socalled helicopter money the debt may not be feasible, nor the intended result of higher inflation. Refers to it as the nuclear option. Certain countries are in reaching the limits of monetary policies. Inflation,ary about writing on its website, they say singapore took appropriate action last month, and said they would not seek currency appreciation. They see prices and decline every month since november 2014, the longest slump on record. Predicting 1. 8 this year, rising in 2017. Incomingppines president has been compared to donald trump for his crude, outspokenness. Have made the philippines the fastestgrowing economy. Investors dont seem to know what to make of it. There are concerns, should people be worried . They should be concerned, for two reasons. Whatnt know much about his economic policies will be. There is a lot of uncertainty. Part, his priorities in the campaign, are not actually those that the economy needs right now. Even if he were able to achieve what he has set up to do, in terms of cracking down on crime, that wont six the power sector, or open up sectors of the economy, like war and investment. Certain reforms need to take place that he is barely talked about so far. Rishaad his supporters do say that despite all his blustering, they have actually developed a recent decent record. Can you do the same thing at the National Level . Nisid there has been investment into other companies there. There is a danger that if you look nextdoor at indonesia, a president there, a former mayor, who shows how hard it is to translate success on the local level to the national lever. As a mayor, you have a great deal of autonomy, you can hire and fire, and impose your will upon the government and the locality. But it is hard to do that on the National Level. He will need support of congress, and build bridges and coalitions. It is not clear he will be able to do that. Rishaad thank you for the great analysis. It was clearcut, but a lot closer in the race between the mayor in the other province. They won exactly the same number of votes, and they decided to go with of the latter. The leader called it correctly. That is democracy at work. Coming up, asian markets can be volatile, but when it comes to the wild east, china is not the most. We will tell you who is. Numbers are next. The global stock rally, asia recovering. Gave wall street its best day in months. These topics gaining 1 , the yen near a two week low. A disruption in african supplies. Shares high, despite profits diving. To 2. 1g income went billion last year. On track to are improve profits by more than 2 billion for year. Not even the force could help disney. The sale of star wars merchandise has not helped. Disney also announcing it is shutting down its infinity games arm as well. Up 5 in afterhours. The markets get thrown over to sydney. We have had a decline in homeland approvals, though not. 9steep as expected, a percent decline, but they had been braced for a higher decline , of 1. 5 . Australiag market in has been coming off the boil recently. Some regional and mining towns it has fallen pretty heavily, but remains robust in sydney and melbourne. Very little has changed. You have to remember these figures are for march. It significantly predates the cut in the cash rate we saw from the reserve bank this month. We probably wont see the impact of this until the may figures. Areg forward, rates expected to continue declining here in australia. Experts predict it will be at 1. 5 by august. For now, we have a decline in home loan approvals,. 9 . Thank you for that, paul allen. Lets get more on the market open in shanghai. Here is juliette. Weiette it does look like will see markets here in hong kong and broader china follow that rally that we have seen on the level equity markets during tuesdays session. You can see the opening high yet. 5 half of 1 . Doingn see the casinos well, galaxy at 1. 5 . Theyre really just following that story that we have just seen with Energy Producers in a region rallying on that rebound. Negative, south korea unemployment missing butctations coming at estimates were at 3. 8 . Japan leading the region, two week highs at the moment. Market is looking quite strong on that rally coming through in commodity , according to the latest with a Consumer Confidence survey, it is at the highest since it is high in australia. The stability report coming through, new zealand up by half of 1 . Investors really reacted to the election. This is up the most in eight years in tokyo. They are leading the gains on the nikkei. We been talking about it all morning. It is a myth that it has raised its dividends, there are positive signs for its sprint division. It coming through for the auto mers as well. Up 5. 5 . You can see the gold players and Energy Players tracking high. All in all, a much needed asian. A rally for investors. We have seen the Southeast Asian index on its longest moving straight. Actually down to 10 sessions in a row before today. Taking that baton and rushing with it. Rishaad thank you. Jumped, despite the consecutive losses. He saysing to they exceeded targets. Eliminate 6000to jobs by the end of 2016. We have done 4500. So we are 50 into the target of the end of the first quarter. So we think that is progressing. We had a target of 1. 4 billion for 2015 of the net savings. We believe we have done more than half of that. We are confident we will meet the target. They expect to see better revenue and targets from their south Asia Operations in the next year. Bad loans a number of in india, but they have made the bulk of the changes. There are now focusing on areas, such as consumer lending. Asia, 980 980 Million Dollars in losses in india last year. He says he expects a major devaluation of the u. N. And yen in the next year. Have acts china to it will retract, and a new market reality. Predicted the stock slump in 2012 that failed to materialize. Shares in u. S. Traded Chinese Companies moving to the mainland. They have rallied after a threeday selloff. In beijing. Which companies are we talking about, and why the rally now . Where those fears overdone in the first place . Tom perhaps. We are talking about technology makenies, Tech Companies up a big proportion of the companies we are talking about. Aroundgest gainer was 8