The Traderszone Network

30 September, 2015 by The TZ Newswire Staff Comments Off on Exclusive: Bombardier seeking investors for all business units – sources

Exclusive: Bombardier seeking investors for all business units – sources

WASHINGTON/NEW YORK/TORONTO (Reuters) – Canada’s Bombardier Inc (BBDb.TO) is exploring the sale of a stake in any of its business areas, not just its rail unit, to ensure it can finish development of its delayed CSeries jet, according to four sources familiar with the situation.

read more

30 September, 2015 by The TZ Newswire Staff Comments Off on Northrop wins U.S. Global Hawk drone contract worth up to $3.2 billion

Northrop wins U.S. Global Hawk drone contract worth up to $3.2 billion

Northrop Grumman Corp has won a contract worth up to $3.2 billion for continued development, modernization and maintenance of all U.S. Air Force variants of the Global Hawk unmanned surveillance plane, …

30 September, 2015 by The TZ Newswire Staff Comments Off on SMBC Nikko says if BOJ don’t ease next week they won’t act on 30 Oct

SMBC Nikko says if BOJ don’t ease next week they won’t act on 30 Oct

Latest  note from  reported by Bloomberg
SMBC Nikko
– Tankan not likely to be a factor to push BOJ to ease
– if BOJ were to act after Tankan then it would be next week
The debate continues but there’s plenty of evidence pointing towards further easing

30 September, 2015 by The TZ Newswire Staff Comments Off on Asia Markets: Asian stocks mostly higher after positive U.S. data

Asia Markets: Asian stocks mostly higher after positive U.S. data

Signs of improvement in the U.S.

read more

30 September, 2015 by The TZ Newswire Staff Comments Off on Latest: Markets stand strong, shrug off China data

Latest: Markets stand strong, shrug off China data

Squawk Box Live is eyeing markets which shrugged off weak Chinese PMI data after Wall Street rallied overnight.

30 September, 2015 by The TZ Newswire Staff Comments Off on Japan vehicle sales Sept -3.0% vs +2.3% prev

Japan vehicle sales Sept -3.0% vs +2.3% prev

Latest vehicle data for whole of Japan now out
Not a price mover. Posting for info
USDJPY 120.25 near session highs as Nikkei holds earlier gains and still up 2.42% on the day

30 September, 2015 by The TZ Newswire Staff Comments Off on PIMCO sees a 7% devaluation in the yuan as Chinese economy slows

PIMCO sees a 7% devaluation in the yuan as Chinese economy slows

Further to Eamonn’s here’s a bit more detail now out from PIMCO via Bloomberg
earlier post
– yuan poised to weaken by 7%
– PBOC will cut deposit rates by 75bps
The report comes from portfolio managers Adam Bowe in Sydney, Isaac Meng in HK and Tadashi Kakuchi in Tokyo