♪ tom: hundreds or hurt as catalunya votes on independence. the spanish parliament said this should not have happened. scarlet: washington -- julie: washington thinks this is a waste of time, and they will do what must be done. tom: theresa may is for her party conference system, her cabinet behind her, they say she will be gone in a year. betty: elon musk has a new vision for global and

interplanetary travel. hello from sydney where it is passed 9:00 a.m. i am paul allen. this is daybreak australia. we are at our away from the open of the first major market. betty: it is after 6:00 p.m. sunday evening in new york. we are looking at how all of the action on wall street will play into the asia-pacific trading day. we have got a lot of news to digest, everything from what happened in spain, the rioting there with the police to the tankan survery in japan, as well as this revelation we had that there are direct negotiations between the u.s. and north korea only to discover it seems by the tweets from president trump. let's give a quick reminder to our viewers on what happened in the u.s. markets, it seems years ago now, but on friday. let's pull up the board. the s&p continued to rise.

the dow also up 24 points, the nasdaq higher 0.6%. investors continuing to digest tax reformof the package. we are expecting in a few weeks to hear from president trump about a new fed chair. so much to go over. tom: that is right -- paul: that is right, and it was interesting to see the conflicting dialogue with north korea again, some of those tweets donald trump interesting. rex tillerson saying we will do what needs to be done, that he has channels into north korea, and they are talking directly. we will have more on that later. on asia, let's get a check of what we can expect with the new trading day. nzed hasaland, the been trading. the kiwi dollar strengthening a

dollar.gainst the it will be limited trading, it could be plenty quiet. we have three states in the territory on holiday including new south wales, south australia, and queensland on public holiday, so no settlements on the asx today. the aussie dollar trading a little against the u.s. but continuing to weaken and a little bit of change to the cross ring there. let's look at gold, which is interesting and will have more later on. gold is continuing to weaken on the 50 day average. iron ore, we are seeing more weakness. we will be speaking later on to jason pushing for -- about the outlook for precious metals and iron ore. first the main story this hour, the independent referendum in

catalunya, some incredible scenes in catalunya. the spanish prime minister saying if it is to disrupt, their independence vote succeeded. he praised the columnist of the police-- calmness of the . hundreds of people were injured in riots. joining us now is the madrid bureau chief. some extraordinary scenes that we saw in spain over the weekend. the prime minister saying this was shot down, but this is not the end of it. >> that is right, it has been a traumatic day in spain. we have seen clashes in catalonia. police on the orders of the spanish prime minister have gone in and attempted to break up or frustrate this attempt to hold a referendum on independence.

the figures we have seen for the injuries sustained during these clashes run into the hundreds. theaumatic day here for spanish people. so what will happen next, charles? the prime minister saying this vote didn't happen. in many respects it did not. i believe the president of catalonia managed to prove it did not. we expect to see another attempt at a referendum, or will there be pressure on the spanish prime minister or parliament? from heard this evening the president of the catalog region, heatalan said in a press conference in his new or the view of his -- his view or the view of his supporters, catalonia has won the right to become a republic,

and he will be transferring the result of the vote to the catalog parliament test cattle parliament.lan he may be preparing to announce unilateral unilateral secessiom spain. this would be quite a dramatic development. betty: absolutely would be. even though catalonian president declared independence, that there is a successful vote on independence, the leaders, they don't recognize what happened. they support the madrid dormant. -- government. have we heard any comments since this violence? unilateral secession from spain. this would be quite a>> we havel expressions of concern from european political leaders about these distressing images we have seen of violence by the spanish police in catalonia today.

we had the belgian prime alarm atexpressing his what he had seen. we had nicola sturgeon, the scottish government, making similar comments. celebrity -- j.k. rowling, the author weighing in, saying how horrified she was. the pr battle for the spanish government, they did not have a great day today. the images we saw were distressing. it did not reflect well on the spanish decision to use this force by the police. it is still early to say what that vote will mean for this process going forward. but we will probably give it some momentum. betty: it would, and it is a big pr setback for the madrid

government. before we go, is this enough to fuel more independent fires around the european region? >> i think that is difficult to call here from spain. this is a situation that has been brewing in spain for a long time. there is a lot of history behind it. this latest drive for independence has been running for several years, and to reach this conclusion today. it is another sister for europe -- fissure for europe. another problem the european union has to address, and is unwelcome. to european union is trying move forward, especially from the brexit situation, the brexit vote in the u.k., and the european union is trying to move on. they want a strong, new front, have strong momentum towards developing its political

projects. betty: charles, thank you so much. bloomberg madrid bureau chief on the events in catalonia. let's go to first word news with haslinda amin. haslinda: china's official factory gauge rose to a five-year high, indicating cleaning up the financial sector and the environment on the year, hitting the economy. frommi rose to 52 points 61.7 a month earlier and beat expectations of 51.6. and this survey slipped to 51. china's central bank announced a cut in the amount of cash assets as reserved from next year. does that apply to major banks? 90% of city commercial banks and 90% of rural commercial lending. cuts will range from 0.5 to 1.5

percentage points depending on how much business banks conduct. lenders will be available if they meet the requirement. south korean exports rose to a record last month, the latest sign that trade is underpinning momentum in the global economy. shipments abroad rose for an 11th month, up 35% from a year earlier, driven by demand for semi conductors. it was also beating expectations showing south korea is surviving the war of words between washington and pyongyang. elon musk as a new vision for global travel, saying traveling from new york to shanghai could be done in under 30 minutes. he has a new rocket that could be able to fly to mars, the international space station, or make trips around the earth. he said anywhere in the world could be reached in under an hour with tickets costing about the same as traditional economy.

aboutthe great thing going to space is there is no friction. once you are out of the atmosphere, it would be smooth. there is no whether. it is atmosphere. you can get to most long-distance places in just a half hour. and if we are building this thing to go to mars, then why not go to other places on earth as well? haslinda: something to look forward to. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i am haslinda amin. this is bloomberg. ♪ betty: pretty incredible to get anywhere in half an hour. rex tillerson saying the u.s. is directly communicating with north korea about its nuclear program and testing pyongyang's appetite for talks. donald trump says it is a waste of time. he said in a series of tweets, i

hold -- told rex tillerson he is wasting his time trying to negotiate with rocket man. save your energy. we will do what has to be done. let's go to our reporter ros krasny. we will do what has to be done, that sounds rather ominous. how do you interpret these series of tweets? ros: every week it is kind of similar with president trump. he is threatening north korea's kim, and maybe there is a little bit of gamesmanship going on. , tagteam bad cop effort between president trump and secretary of the rex tillerson -- state rex tillerson. hard to believe tillerson would go all the way to beijing and talk to reporters about how there are two or three channels of conversation open with north korea only to be undermined by the president.

so technical efforts going on, but all the same it does raise questions about, will the administration pushed ahead very deliberately to have talks or go directly to a military option? betty: how is this likely to play with north korea? know, i would expect to have an exchange probably of rhetoric from kim jong-un. last week he reminded us or told us president trump is a don't card -- don't turn -- dotard. we could expect to hear something similar. i think what analysts worry about, some of this rhetoric could be really misinterpreted in a disastrous fashion. we hope that is not the case.

kim's recent stance is, he doesn't let an insult go unmatched. paul: it is paul. you could say there is a this this,ense behind good cop, bad cop between trump and tillerson or just donald trump being donald trump sending out tweets. it is tactically brilliant and brings to north korea to the table. could we see a revival of the talks from 10 years ago? ros: i think it might be early to talk about something like the six party talks. and really this current donald trump administration wants to try new things and often won't return to tactics that have been tried in the past. i would not as thoroughly look

to something that had been a possibility 10 years ago to go down under donald trump. paul: that is bloomberg's ros krasny in d.c. we will continue discussing president trump's policies throughout the show including what could become one of the most consequential decisions of his presidency, the choice of a nominee for the next fed chair. betty: china signaled robust growth and its factory gauge rises to a five-year high. we will discuss what all of that may mean for the chinese central bank. this is bloomberg. ♪

♪ paul: i am paul allen in sydney. betty: i am betty liu in new york. the people's bank of china taking action to boost lending to small businesses less than a week after the governing state council also called for some

changes. the economics policy editor kathleen hays has more including data over the weekend about factory output. tohleen: growth lending parts of the chinese economy that are not getting enough liquidity. they are starting this targeted lending plan. they want to push credit where it is scarce right now. they want to cut banks required reserves. they have to hold against loans. it could be all major banks, 95% , andyal commercial lenders cuts from 0.5 to 1.5 percentage points. the country may determine how much banks are lending to small businesses and farmers and startups. if they are lending more, they get better cuts. there is incentive. the pboc said this is a structural adjustment. we are not changing monetary policy, but they don't want growth to slow in the second half as the 19th already

congress gets ready. so important in china this year. bloomberg intelligence saying this move is striking, and you notice takes will have a time -- time to see this put in place and help growth in the economy. commentary that bloomberg intelligence and the news team put together, security saying it will free up the 1600 you want it shows the pboc is still crucial and working, not hitting the economy too hard. all of this is positive. , they will keep you stable. very interesting development over the weekend. paul: the latest pmi shows manufacturing is losing steam. is that a concern? kathleen: it depends on which measure you look at. one was looking pretty good. if you look at the tax in pmi, it was 51.5.

bloomberg intelligence pointing signals. is next let's look at 3235. what you see as the white line -- excuse me, you have got the purple signals. let's look line, that is the amd i business conditions -- m and i business conditions. this is the highest readings since april 2012. the text incoming image is 51 from 51.6, actually slowing down. has has a larger -- the mbs a larger look. you have got these divergences from time to time. put it all together, growth is so important. maintaining growth -- maybe you will not search, but keep growth going while they do leverage, this obviously is a very big deal into the 19th party congress with xi jinping trying

to consolidate, taking necessary, needed steps to get many chinese governing officials on board with what they are trying to do now. paul: all right, kathleen. thanks very much. we have big-name guests coming out. tony fernandes will join us at 6:30 p.m. in sydney. 3:30 a.m. in new york. betty: and we will speak to the .racle ceo mark hurts this is to: 15 tuesday morning in sydney. tuesday morning in sydney. don't miss this other -- $1 trillion asset management. as for early risers in sydney. this is bloomberg. ♪

♪ betty: good morning.

i am betty liu in new york. paul: i am paul allen in sydney. you are watching daybreak australia. former treasury secretary jack lew said the trump administration's discussion of the iran nuclear deal at the same time it tries to rein in north korea is not help. -- helpful. sometimes it makes you weaker if it is not done in a smart way. a nuclearelopment of missile is an extent -- enormous risk for the united states and the whole world. if sanctions are going to be effective, to change their behavior, it will have to cut regime's access to pay their army and the sustaining sector of his regime. that means you have to shut it down completely. your avenue to do that has to go through china because north korea's only connection financially to the world, their

supply line to get them fuel they need and food comes from china. china, for years. it was important last year during the obama administration to work together at the u.n. to put sanctions in place. it is good being current administration was able to get -- thing the current administration was able to get tougher sanctions. you have to do it in a careful, thoughtful, analytic way. with russia, we were attentive when we put russia sanctions in place. we did not want to cause a recession in europe or global recession. we wanted to put pressure on putin and his immediate circle. it is hard because it goes through china, and in the end we need china to be cooperating with us. we don't want to turn the north korea problem into a u.s.-china problem. david: -- shery: how do you ensure the

efficacy of sanctions when the black market takes a huge chunk of that economy? >> the reality is without fuel, even a black market economy would have more problems. without access to international transactions, north korea is not a country that produces very much. it has to have some external connection. the need for a diplomatic approach with china is very important. betty: that was former u.s. treasury secretary jack lew speaking with shery ahn in new york. and you know north korea and all of these tensions have been very good for gold bulls. we know the last three weeks, gold has fallen in the face of a stronger greenback. i want to pull up a chart, g #btv 9430.

it is interesting how gold has been rising for much of the year in tandem with stocks. and just recently gold has been falling as stocks move higher. part of that has to do with the dollar strength. the north korean tensions continue, or perhaps something else, that could cause a rebound in gold prices. paul: yes, so working as we do in the news, we have had too hard to make a bullish case for gold. we have three intentions you mentioned. -- north korean tensions you mentioned. we saw another referendum with kurdistan and turkey doing some saber rattling there. you make a good point: gold closing below the 50 day moving average for the first time since july. but we willdropped,

look at something else. this is the economics president, so he is coming up. ♪

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paul: we have got breaking news out of spain right now. you are seeing pictures of a news conference in barcelona. there is a government spokesman talking about the results of an referendum that happened over the weekend. the spanish government in madrid said it is illegal. the spokesman said the cuts along vote had 2.6 million -- 89% ofalan vote had those who voted in the referendum backing independence for catalonia from spain. these are live pictures out of barcelona right now.

betty: that is right, 89% of the vote backing independence. we are going to monitor this press conference. in the meantime, let's get more in the first word news with haslinda amin. haslinda: more cracks are appearing in president trump's administration. his infrastructure guru spent last week promoting a plan to boost roads and airports with a public-private initiative. then trump said those deals don't work. it infrastructure was a feature of his campaign. -- he said infrastructure was a feature of his campaign. he got rid of his secretary of state -- he is saying that secretary of state is wasting his time. rex tillerson and balanced the u.s. had been directly engaged with pyongyang.

the president has said military options are on the table and continues, save your energy, rex. we will do what has to be done. the 2015 iran nuclear deal was we are told the e.u. foreign affairs chief and iranian foreign minister are leading candidates for the award . president trump has derided this is the worst agreement ever made, although it supported that it is supported by the international community. threshold for the people making e-commerce purchases to as low as $25 as the government tries to boost competition on local retailers. be cut from next summer according to a drop bill of the -- draft bill of the russian parliament's webpage. this could bring in more than $1

billion a year. theresa may said she will stay on despite calls for her to quit. the conservative party conference, suggesting that -- boris johnson set out new demands for negotiations with the e.u. the election in june cost the party -- global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i am haslinda amin. this is bloomberg. ♪ thanks very much. let's get a quick update on the markets. new zealand is already trading. the index isoff -- off a little bit. the kiwi dollar is a little over the greenback. half of the country is having a public holiday. three states in the territory are off work including sydney.

trading will be pretty quiet. the aussie dollar still 78 point -- 78.5 cents against the dollar. this is a change with the aussie-qe cross right there -- kiwi cross right there. the japanese yen is stronger against the greenback, no change to the british pound, and the s&p closing marginally 0.3% higher friday. one of the big questions ahead is, can the stock markets' bull run continue? treasuries slid on reports president trump is in the process of picking a new fed chair. this along with plenty of economic reports will grab attention this week. su keenan is more -- has more. su: how we kicked off the week could set the tone. let's take a look at numbers one more time. really dramatic record. the talk that the president was

said to be discussing different candidates for the new fed chair discussion could continue on the market going forward. if we go into some of the big movers, the euro-dollar was very much in focus. you saw movement after inflation numbers, but you saw a two day snap in the euro's run after the incident in spain, a riot related to the elections in catalonia and beating by police. dollarake a look at the -- the market snapshot. you had banks rising. the dollar posting a gain for the month, three straight weeks we gained. let's look at a bank stocks. you look at the one-year chart, you can see how they have moved higher after the election. they have been through the gyrations associated with, when is the tax rate coming, when is that rate hike coming, now a

straight upward shot in the month of september. they are continuing to show strength. let's go to the bloomberg. the russell 2000, the broadest measure of the market, we have a lot of small caps or smaller cap stock rising to the highest since 2003. the relative strength index is a positive, but it is a new record , but not sure if positive or negative. you can see it either way, heading the highest record in so many years. -- hitting the highest records in so many years. betty: we have jobs on friday, that unemployment will it -- is expected to stay 4.4%. how will the market react? su: it is the first report since the hurricanes, so it will be unusual. we have theresa may in the headlines. we have new phones from google

in the headlines. if we going to earnings and ego reports, that is where the -- eco reports, that is where the market will focus. --re have been good friends good runs for these companies. a lot of interest on what the ceo's will have to say. ego data, manufacturing is set to expand -- eco data, manufacturing is asked -- expected to expand. if we look at markets reacting to unemployment data, the say near 4.4%. they think it will be weaker than normal because of what we have seen with typical hurricanes in the past. it is a disruption for hurricanes -- for hiring. su: su keenan talking about the markets. she was talking about the jobs report also. let's talk about the fed chair,

the next race with president trump saying the decision in the next two to three weeks. and the latest u.s. data shows who gets jobs next year will face a deeper inflation conundrum. our policy editor kathleen hays here with more, now when the beauty had it begins. kathleen: in two to three weeks, it will be over. let's see what we are learning. a flurry of news on friday, that the president has interviewed the fed chair herself. gary cohn of the national economic council, former goldman sachs official, also kevin marsh and jay powell, a current fed governor. what is interesting is stories reporting donald trump and steve mnuchin, the secretary interviewed. if this guy has the inside track, who is the? -- he? ,e started with morgan stanley

was -- got a job at the white house with advising on domestic finance, capital markets. he is trading as a lawyer, so that is why he is good on legal assets. during this time, seen as a key advisor to ben bernanke. he is not a trained economist. he is [indiscernible] -- stanford business school, got his law degree at harvard. on monetary policy, in 2009, he thought there would be a risk of inflation. we went into such a deep crisis. in terms of politics, his father-in-law is robert wilder, one of the heirs to the estee lauder fortune and a longtime friend of donald trump's. probably they got to know each other in college, and the lauder family has donated to the

campaign. that is a plus as well. kevin walsh did joined the strategic policy forum in december. he has been in donald trump's camp. let's look at jay powell. this is a surprise, he worked as a wall street investment banker. he was a treasury undersecretary under george bush. he specializes in market, so the capital market could be important to the fed, came to the fed in 2012. gary cohn is still in the running, and apparently trump is interviewing more candidates this week. it is a beauty contest, the pageant, the race is heating up. betty: and for current monetary policy, how will the fed react? kathleen: the key gauge weekend -- weakened again. the pce is at its lowest now. look at this chart.

here is the main number, the headline, 1.4, but now down to 1.3. this is so far away, further away from the target. we know the fed has janet yellen, officials signaling they could rate -- go up in december. bloomberg saying that the risk as this inflation skid deepens, let's look at another bloomberg function, wirp. the numbers cast down, but look at this. if you see chances of a rate hike, they are around 70%. this has not changed the markets' mind yet, but transitory inflation could be getting more permanent. paul: let's tend to asia now. surprising move on the pboc as we look at economic reports that the bank of japan, was closed as well. the pboc may not be a surprise because of the state government counsel that urged

the pboc to boost lending, and like small businesses, not getting enough credit. they are concerned the leveraging is slowing the economy, so this is important. pmi does moveial a bit. second areas slowing, but the tankan survery coming out, the bank of japan's own survey, we will look at services manufacturing, smaller business, to get a sense of sentiment. paul: thanks very much. gold has ramped up its worst numbers this year. shedding 3%. the outlook from one of bloomberg's top ranked forecasters. this is bloomberg. ♪

♪ good morning, i am betty lou in new york. paul: i am paul allen in sydney.

you are watching daybreak australia. as we start the first trading day of the fourth quarter, let's get perspective on how we ended the third. ramy inocencio is at the wall with coverage, including golden oil. here are charts you need to know. ramy: first off i want to take a look at iron ore. this is btv 4263. australia's biggest export earner. the blue line is the aussie dollar spot. the white is oil delivered to china, and you can see how they have been hauling to 2.5 month lows. this is very tightly connected. we will assume out, this is year to date, -- we will assume outcome -- zoom out, this is year to date, but here is five years. you can see the fall in the past several years. the question is whether there will be more pressure on iron ore as the aussie dollar.

this is the first chart. 9460. look at oil, btv right now crude is seeing it because monthly gain -- its biggest monthly gain, currently above the $51 handle. 7.74% its biggest gain at . let me take this out of the way. some of the reasons here is because traders are saying they are seeing mobile demand -- global demand improving and turkey cutting off oil from northern iraq and the kurdish territory. there is seasonality in terms of negativity. i will slip in one other chart, that as eag function. function. a lot of positivity, but in the bottom and winter -- fall and winter, 1.3, 1.7% down.

so possibly we will see oil fall, which is what we are seeing in the first few minutes of trading today. and for the last terminal charge, take a look at -- chart, take a look at gold bullion taking a hit. take a look at the red line down here, this is the biggest fall for 2017, for the month of september in fact. traders have been betting the fed will raise rates in december. that has a negative effect on gold. short-term at the highest in seven weeks, long at the least bullish in the past five weeks. now, 1.51280 right months. will this keep falling? back to you. betty: thank you so much. ramy inocencio there. let's talk more about gold and that closing months. -- that lousy month.

the top rank to gold forecaster, prestige president jason shanker joining us. always good to see you. i will take ramy's chart. 9420 which on the white line shows the following gold prices as the dollar has strengthened. what is interesting is stocks and gold have written -- risen in tandem throughout the years. because we will see higher rates, why should that change? jason: there are three factors we look at with old prices that people need to be aware -- old prices -- gold prices that we need to be aware of. equity markets, and then the chinese economy. when we look at china, the number is this manufacturing pmi which showed a surprise he celebration -- deceleration in

the month of september. was weakness in december, and the fact the dollar strengthened and equity markets are at or near all-time highs, those three factors are bearish. in fact even though gold was in the range, it is still something that is supportive of where we think about prices are going. the question is, what will happen with the dollar and equities? betty: you still see the dollar weakness. is that correct? even if we get higher rates. jason: we look at the strength of donald r -- the dollar, sliding at the beginning of the year, what is really going on both with the dollar and equities is optimism around fiscal policy in the u.s. if fiscal policy does not

deliver, and we saw last week there were tax cuts and lots of goodies in the itemized list of different things fiscal policy could bring, if there is disappointment with that, you are likely to see equity markets all, the dollar fall, and the expectations for the fed would be more dovish. this would support the price of gold, and the announcement from the pboc is supportive for the chinese economy going forward. there is more to it than just the dollar. let's say we don't get the fiscal policy we thought we might with president trump. inflation does not rear its head early enough. all of these factors, do they raise the risk of recession next year? jason: i think they do. we do a quarterly lion survey, we surveyed them back in april, they expected a 20% chance of

recession next year, then in july, they saw 40%. equation when you are thinking about the economy is expectations minus reality it will disappointment. -- equals disappointment. the reason equity markets are up , it is not a reflation trade, but the core pce, only 3.4% year-over-year. this is a reevaluation trade on equity analysts doing their models with lower tax rates. if they have to go back to lower tax rates now, they have 40% in the 20% we heard last week or the 50% people were hoping for. equity markets could take a pretty big hit. paul: jason, you mentioned three factors, the gold price, but i can offer you a fourth,

geopolitics. you have the secessionist referendums on either side of europe, ongoing concerns over north korea. do you put that into your projections for gold? jason: not generally. we look at europe, you would think with last week, we would see the price of gold might be higher. and what is going on in spain, you might see it higher. those factors are not as higher -- as important. and the concern with north korea and the like, generally the trend will be driven by those three main factors, dollar, equities, and china. paul: very quickly, i am in australia, so i will ask you and iron ore question. where might the prices stop falling? $40? jason: i don't think we will get that, but when we look at the contracts, we watch the scrap

metal contracts and the hot coil, the steel contracts. these three all fell below the 30 day moving averages in the month of september. that is a critical technical break signified there will be a bigger downward move. what here will be critical will again he china. that -- be china. that chinese pmi number, that is more important than the big company official number. that will determine what happens moving forward. and the trend, there is likely to be improvement. we think this downward trump, it will be improvement -- trough, it will be improvement from september. prices are likely to rise moving forward. paul: thank you very much. jason shanker, thank you.

you can get a roundup of the stories you need to know to get your day going. bloomberg subscribers can go to dayb on their terminals. this is available on mobile in the bloomberg anywhere app. this is bloomberg. ♪

♪ there is a few more minutes to go for us on daybreak australia. yvonne man and betty are up next with daybreak asia. let's look at the next two hours. yvonne: talking about the tankan survery, it will be out in an hours time. looking for slight improvement with business conditions for corporate japan. we could see a better picture with the nonmanufacturing site. perhaps it could be's focus on this domestic demand and the exports. the export side would be heading

to some peak levels. the senior economist martin schulz will join us to talk about these numbers as they come through later this morning. he thinks the key challenges could be the yen remaining a wildcard during the security power games happening in the region. small companies is also going to be interesting to see in the tankan survery, small companies is also a target for the new reserve requirements by the small pboc over the weekendo reserve -- boost lending to small companies in china. we are talking about all of that with how joe of commerce bank, he will interpret what we hear from the central bank and pmi data as well, paul. paul: that is right. and later on, 8:00 in new york, bc vice have the oc

president and strategist joining us with sights on the market, and it could be quite a week in australia. we will have to wait and see what the markets bring us. all of the action next. ♪ .. ..

live from bloomberg's asian headquarters. hundreds are hurt as spain tries to halt the referendum. capitalist separatists may be declared independent. the premise or braces the police for disrupting the vote and says the poll was not a -- was a nonevent. globalomberg headquarters. abe the gives shinzo edge. and the u.s. confirming engagement with north korea.