Nine months into 2023, there is still a lot of work to do as far as reducing consumer confusion surrounding eco-friendly packaging – and reducing unnecessary packaging “waste” going to landfills.

New tenant requirement sets foodservice-ware standards that aim to reduce waste.

Quantum Design will exhibit the KTI and CTC product lines this Fall at Label Congress 2021.

In 2023, the packaging equipment industry saw significant innovations, including Packsize's award-winning X5® solution, MGS's Matrix TL top-loading case packer, and Ishida Europe's ACP-700 series automatic case packing system. Read more about these game-changing innovations!

Eyeris® comes in nine vivid colors and adapts to various sizes and shapes of aluminum cans and impact extruded bottles, making it versatile for beverage, household and personal care products.

While some groups say that fresh produce packaging is unnecessary and should be removed, British Apples & Pears Limited says the protective and shelf-life enhancing properties of packaging should be considered.

Bringing sweet tea and juice to the market requires palletizing the cases filled with respective bottles to be palletized for transportation to retail outlets. Due to their perishable nature, they are stored in cold rooms.

 Police Innovations LLC eliminates damage in transit with orbital wrapper.

A-B-C Packaging’s compact Model 72AN palletizer can occupy from 10% to 30% less floor space than conventional low-level palletizers. 

Company is expanding its palletizing range with the introduction of the high-performing RoboAccess_Pal S.

Cobotics brings several advantages to palletizing: a small footprint on the ground, flexibility by the possible movement of the equipment, and easy start-up and use.

New system, a collaboration with Yaskawa Motoman, utilizes advanced vision systems and intelligent software algorithms to accurately identify and handle diverse products.

The latest palletizing and palletizing-related equipment options are touted as being economical, taking up less floor space, and featuring increased automation, which eliminates the risk of employee injury and related costs from repetitive palletizing actions.

British Sugar needed an extremely compact and flexible case packing and palletizing solution to be implemented within a tight plant area that would be capable of handling multiple pallet and format types.

With the addition of the Hartness High-Speed Layer Palletizing Tool, Schneider is now able to offer its world-class solutions to an even larger portion of the palletizing market.

As suppliers are looking to be more efficient in their end-to-end solutions, a key area of focus has been finding innovative ways to improve the palletizing process.

An unavoidable challenge when defining a new bag gripping system in a palletizing line is to get the exact measurements to align with the conveyor rollers for a smooth lifting and releasing process. Furthermore, additional solutions may have to be considered.

New rackable pallet supports heavy loads, provides load stability and features unique design qualities to streamline operations.

Sidel has delivered a central palletizing system composed of eight robotic cells connected to 28 packing lines at Unilever’s nutrition factory in Ploiesti, Romania, for savory brands including iconic Knorr.

Whether it's addressing labor shortages, increasing productivity or accommodating a growing SKU portfolio, the incorporation of palletizing and depalletizing systems has become vital for beverage warehouses.

New cobot palletizers can build pallets as high as 108 inches and handle packaging as heavy as 60 pounds.

SYMACH 3500S merges the original Thiele Master 3500 palletizer experience with the SYMACH palletizing platform.

The first product under the TOMA™ brand – and its underlying mindset – is a palletizing solution featuring the most advanced interface on the market, bringing together industrial robustness and user-friendliness with collaborative robotics.

Manufactured through a process of Structural Foam Injection, the pallet boasts exceptional durability and reliability, making it an optimal choice for use within the industrial and automotive sectors.

As the packaging process becomes increasingly automated, a key area of focus for suppliers has been conveyors. One challenge is hygiene. Several companies are taking steps to mitigate this issue.

SideDrive Conveyor provides sanitary spiral and long-run transferless conveyors for virtually any application.

The PowerPak 1000 has been specially developed as an entry-level machine for the thermoforming segment and offers advanced functions previously reserved for machines in the higher performance range.

Loma Systems designed and engineered the X5 SideShoot X-ray machine specifically for the inspection of taller food products.

This investment sets Catapult apart as the only printer in the US with this specification of Nilpeter press.

With a range of new technological features, the High Tech series has been continuously developed in recent years, making it to one of the best-selling machines on the market. 

Registration Now Open for Destinations International Fall 2024 Conferences: Advocacy Summit, Social Inclusion Summit and Business Operations Summit dbreisch@desti… Wed, 07/10/2024 - 18:22

• Euro area growth is projected to be sluggish
• Sees downside risks to growth
• Waiting on December projections for a better picture of where we stand

So far, he's not saying anything to jolt market pricing. And that's the other main consideration for any of their communications before making policy decisions. As such, a 25 bps rate cut in December remains the likeliest option at this stage. EUR/USD remains down 0.2% on the day at 1.0626 currently.

Fed's Waller is speaking but makes no comment on monetary or economic policy in his prepared remarks.

He does say:

• private sector best suited to innovate on payment systems
• Fed ready to support private innovation, mindful of financial stability.
• Government should have clear objective when providing financial services.
• There are times when government can address market inefficiencies
• Still does not see case for Fed digital dollar

Perhaps he will comment on monetary policy/the economy in a Q&A later.

Looking ahead at

• 10:15 AM ET, Richmond and President Barkin is speaking (he speaks at 5:30 PM ET as well).
• 2 PM, Minneapolis Fed Pres. Kashkari speaking and at
• 5 PM Philadelphia Fed Pres. Harker is scheduled to speak

Fundamental Overview

TSLA is now up more than 40% since the election day as the bullish momentum in the stock exploded following Trump’s victory. This shouldn’t be surprising given that Elon Musk bet big on Trump and the market is now rewarding it.

It looks like the US economy continues not only to do well but also re-accelerating amid the Fed’s easing and the expectations of expansionary fiscal policies like tax cuts and deregulation. Moreover, the manufacturing cycle might be in the early innings of a growth phase, so those are all positive macro factors for the stock.

Tesla, like Coinbase, Bitcoin and Dogecoin, have been the top beneficiaries of Trump’s victory given their direct connection to Trump. For now, there’s no real top in sight as we would likely need a contractionary monetary policy or a notable slowdown in the economy.

The risk going forward is the Fed. If the central bank starts to mention the need of more tightening, then we could see some big corrections in all risk assets. That day though looks to be at least a couple of months away for now.

TSLA Stock Technical Analysis – Daily Timeframe

On the daily chart, we can see that TSLA broke above the resistance zone around the 270.00 level and exploded higher as Trump’s victory became clear. The stock is now trading around the 359.00 level in pre-market. The target should be the all-time high around the 414.50 level but that doesn’t mean it cannot break through and reach new highs.

TSLA Stock Technical Analysis – 4 hour Timeframe

On the 4 hour chart, we can see that we have an upward trendline defining the current bullish momentum. That’s now far away from the current price and it’s unlikely that we will see a pullback into it in the near term unless we get a very hot US CPI report tomorrow.

If we do get there though, the buyers will likely lean on it to position for a rally into new highs, while the sellers will look for a break lower and below the previous resistance now turned support to increase the bearish bets into new lows.

TSLA Stock Technical Analysis – 1 hour Timeframe

On the 1 hour chart, we can see that we have another minor upward trendline defining the bullish momentum on this timeframe. The buyers will likely keep on bidding the stock up with a defined risk below the trendline, while the sellers will look for a break lower to start targeting a pullback into the next trendline.

Upcoming Catalysts

This week is a bit empty on the data front with the most important releases scheduled for the latter part of the week. Tomorrow, we have the US CPI report. On Thursday, we get the latest US Jobless Claims figures. On Friday, we conclude the week with the US Retail Sales data.

The AUDUSD has moved lower to a swing area low at 0.65357. The high of the swing area comes in at 0.65537. It would take a move above that level and then the 61.8% at 0.6575, to give the buyers more confidence and cause the sellers to have some cause for pause.

ON the downside, a break of 0.6535 would target the low from last weekend 0.6511. That is near the last two session lows going back to early August. oh below that level and traders look toward 0.6463 to 0.6486.

The price action last week in the AUDUSD was up and down with big moves in either direction.Through the first two days of this week, volatility is less, but the bias is more to the downside. That bias would be even more bearish if the 0.6535 level can be broken along with the low price from last week at 0.6511.

------------------------------------

AUD/USD Summary

The AUD/USD fell to a swing area low at 0.65357.

Key Points:

1. Swing area: 0.65357 (low) - 0.65537 (high).

2. Buyers need a break above 0.65537 and 0.6575 (61.8% level).

3. Sellers target last weekend's low: 0.6511.

Outlook:

Bullish Scenario

Move above 0.65537 and 0.6575 boosts buyer confidence.

Bearish Scenario

Break below 0.6535 and 0.6511 confirms bearish bias, targeting 0.6463-0.6486.

Levels to Watch:

• Resistance: 0.65537, 0.6575

• Support: 0.65357, 0.6511, 0.6463-0.6486

• US indices close lower on the day. No new records today.
• Bitcoin trades above $90,000 for the first time. It broke the $80,000 level on Monday
• US CPI to be released tomorrow at 8:30 AM. Expectations are for 0.2% MoM
• It's not a pretty picture in China
• Fed's Kashkari: The fundamentals seems strong and I'm optimistic that will continue
• BofA: Life don't come easy for CHF: What's the trade?
• US 10 year yield looks to close at the highest level since July 1
• Major European indices are closing sharply lower
• John Paulson drops out of the running for Treasury Secretary
• New York Fed: 1-year inflation expectations 2.9% versus 3.0% last month
• Fed's Barkin: Fed in position to respond appropriately regardless of how economy evolves
• Fed's Waller: Makes no comments on economy or monetary policy outlook
• And they are off. US stocks are marginally higher in the early trading
• LiteFinance Becomes the Official Trading Partner of Leicester City Football Club
• Kickstart the FX day. A look at the EURUSD, USDJPY and GBPUSD from a technical perspective
• Canada Sept building permits +11.5% vs +1.7% expected
• Forexlive European FX news wrap: Not much action as we await the US CPI release tomorrow

Markets:

• Bitcoin trades to $90,000 for the first time, two days after passing $80,000. The high reached $90,243
• WTI crude trades down $0.07 at $67.97
• 2 year yield 4.338%, up 8.4 basis points. 10 year yield 4.421%, +11.4 basis points.
• Gold down -$20.78 or -0.79% at $2598.58. Lowest level since September 20
• S&P 500 -17.36 points or -0.29% at 5983.99.
• Nasdaq index down -17.36 points or -0.09% at 19,281.40. Both the Nasdaq and the S&P closed by the exact same point amount....
• Russell 2000 tumbled -43.13 points or -1.77% at 2391.84

In the US the NY Fed Survey showed inflation expectations moving lower with the one year inflation at 2.9% vs 3.0% estimate. That is the lowest in 4 years. The 3 and five years measures also declined with the 3 year down to 2.5% from 2.7%, and the 5 year down to 2.8% from 2.9%.

In Canada building permits soared by 11.5% after -6.3% decline last month. Overall permits were the second-highest level since the start of the new series in January 2017 but it's more of a one-off around government spending than anything related to the economy. Ontario's institutional component received big contributions from construction for long-term care facilities across the province and a hospital permit in Prince Edward County. Residential building is holding up on the multi-family side as the pipeline of condos continues to work its way through but single-family has flatlined.

The US bond market was open after Monday's Veteran's Day holiday and selling was the order of the day as traders price in the inflationary and growth implications of a GOP sweep (and perhaps increased deficits too). The 10-year yield rose close to 12 basis points. The 2 year is up close to 9 basis points.

The USD moved higher with the greenback moving the most vs the GBP (0.95%).. The GBPUSD moved to the lowest level since August 8 and traded below the 61.8% retracement of the move up from the April low. That level comes in at 1.27322. The current price is trading just above that level into the close for the day.

The EURUSD is rallying modestly into the close but still saw the dollar higher by 0.26% versus the EUR. The pair moved below the 1.0601 level which took to price to a new low for 2024. The low could only get to 1.0594 before bouncing higher into the close. The sellers in the EURUSD had their shot. They missed.

The USDJPY is closing higher by 0.61% and into a swing area between 154.54 and 155.21. The high price reached 154.92 extending above the high price from last week at 154.70. The price is trading at 154.62 into the close. Buyers are in control. Can they extend to the high target at 155.21.

The USDCAD traded to the highest level going back to October 2022 when the price extended to 1.3977. The high price today reached 1.3966 just 11 pips short of that high. The price is trading at 1.3949 going into the end of the trading day.

Gold continues its move to the downside after reaching record levels at the end of October at $2790.07. The price has since fallen -6.89% to $2597.88.

Bitcoin's sprint to the topside continued today with the price reaching above $90,000 for the first time ever and just 2-days after breaking above the $80,000 level. The high price reached $90,243. The price has come off that lofty level and trades at $88,092.

LiteFinance has entered into a multi-year partnership with Premier League football club Leicester City as their Official Trading Partner.

We are excited to announce that LiteFinance has entered into a multi-year partnership with Premier League football club Leicester City as their Official Trading Partner. This collaboration marks a significant milestone for LiteFinance as we expand our presence into the world of sports, aligning our brand with one of England’s most admired football clubs. Leicester City Football Club is pleased to confirm LiteFinance as its new Official Trading Partner.

Established in 2005, LiteFinance has grown into a leading online broker, offering high-speed trading services in 29 international languages. Our platform is designed to empower clients with financial freedom, providing access to a comprehensive range of trading instruments in the currency, commodity, stock, and agricultural markets. Through this partnership, we aim to bring our innovative, accessible trading solutions to a broader audience, enhancing the experience for both our clients and Leicester City’s global fanbase. Shared Values and Vision Both LiteFinance and Leicester City share a commitment to excellence, innovation, and a global outlook. The Foxes have a significant following, particularly in Southeast Asia, where they enjoy one of the largest social media reach outside of the Premier League’s traditional top six clubs. This partnership will allow LiteFinance to engage with new audiences and create memorable experiences for football fans and our clients alike. Visibility and Engagement As part of this partnership, LiteFinance will benefit from extensive brand visibility, including pitch-facing LED advertising, logo placements on interview backdrops, and a selection of digital advertising. Additionally, our clients will have exclusive access to branded promotional materials, such as custom merchandise, and will be able to participate in special contests and promotions designed to bring excitement and memorable experiences to football fans. These initiatives are tailored to enhance engagement and connect with Leicester City supporters meaningfully. Statements from Leadership Kristina Leonova, CEO of LiteFinance, commented: “We are thrilled to embark on this exciting journey with Leicester City. This partnership reflects our mutual commitment to excellence and innovation. It will allow us to connect with new audiences and create impactful experiences while delivering on our promises and setting new standards of success.”LiteFinance is proud to partner with Leicester City Football Club and looks forward to a fruitful relationship that will bring value to both organizations and the communities we serve. We are confident that this collaboration will set the stage for innovative initiatives and successful outcomes in the future. Leicester City Commercial Director, Dan Barnett, added: “This collaboration marks an exciting chapter for us as we continue to expand our global reach with new partners. We look forward to working closely with LiteFinance to further elevate the Club's presence on the international stage in unique ways.”

Washington, D.C. -- PILOT, NAB's technology innovation initiative, will be accepting submissions for the PILOT Innovation Challenge through 5 p.m. ET on July 9. The program will provide mentorship and promotion to winning proposals, along with an opportunity to demonstrate their products at NAB Show in Las Vegas, October 9-13, 2021. 

Washington, D.C. -- Award-winning journalist Lester Holt will be inducted into the National Association of Broadcasters (NAB) Broadcasting Hall of Fame for his contributions to broadcast television at the 2021 NAB Show, held October 9–13 in Las Vegas. Holt will accept the honor at the NAB Show Welcome event on Monday, October 11 at 9 a.m. PDT.

Jim Bohannon, host of the "Jim Bohannon Show" will be the NAB Broadcasting Hall of Fame radio inductee for 2022.

Washington, D.C. -- PILOT, NAB's technology innovation initiative, is now accepting submissions for the PILOT Innovation Challenge through 5 p.m. ET on January 31. The program will provide mentorship and promotion to winning proposals, along with an opportunity to demonstrate their products at NAB Show in Las Vegas, April 23-27, 2022.

WASHINGTON, D.C. -- New National Association of Broadcasters (NAB) President and CEO Curtis LeGeyt shared his vision and outlook for the organization and the broadcasting industry in a virtual town hall for NAB members today. LeGeyt was joined by members of NAB’s policy team for a briefing on legislative and regulatory issues facing broadcasters, as well as an update on the association’s work to support diversity, equity and inclusion (DEI) initiatives in the industry.