The Traderszone Network

United Launch Alliance, a joint venture of Lockheed Martin Corp and Boeing Co , has won an $882 million contract to continue launching satellites for the U.S. Air Force with its Delta IV and Atlas V rockets, …

Indonesia’s currency has dropped, but it may not derail the country’s strong consumer story as companies come up with new ways to cope.

Forex news for Asia trading Wednesday 30 September 2015
China
Australia and New Zealand:
Japan
Minor moves only in the currency space today. Fear subsided somewhat with a better performance on overnight equity markets, with AUD. NZD, EUR all beneficiaries during the Asian timezone, not that the moves were impressive. The yen lost some ground, with USD/JPY testing 120.00 and EUR/JPY as high as just over 135.10 before both subsided.

Current account data earlier from China:
Commentary from SAFE now (via Bloomberg this time):

Australian Building approvals for August
 -6.9% m/m
– expected -2.0%
– prior was +7.9%, revised from +4.2%
+5.1% y/y
– expected +7.4%
– prior was +17.9%, revised from+13.4%
Note the higher revisions to July’s data – a positive

Australia Private sector credit for August
+0.6% m/m
– expected +0.5%
– prior was +0.6%
+6.3% y/y
– expected +6.2%
– prior was +6.1%
–
– Housing credit +0.6% m/m (prior +0.6% also) and +6.3% y/y (prior +5.1%)
The y/y gain for business credit is a positive for the economy, though it did slow a little on the m/m

Stockmarkets set to open at 0130GMT, indications to opening levels via Reuters:
– Shanghai Composite to open up 0.5%
– CSI300 index to open up 0.5% also