mi McDonald's Releases Sustainable Packaging for New Mini McFlurry By www.packagingstrategies.com Published On :: Wed, 04 Sep 2024 15:59:20 -0400 The four-flap cups are currently available in several other international markets like Canada and Indonesia – and this month, it’s finally time for U.S. fans to try them out. Full Article
mi TNA Solutions Helps Mister Bee Potato Chips Optimize Production By www.packagingstrategies.com Published On :: Tue, 27 Jun 2023 11:06:30 -0400 TNA completely redesigned and optimized the company’s manufacturing site in Parkersburg, West Virginia, achieving a remarkable 400% capacity increase. Full Article
mi Mitsubishi Gas Chemical Develops First-Ever PFAS-free Oxygen Absorber By www.packagingstrategies.com Published On :: Mon, 17 Jul 2023 00:00:29 -0400 The new and improved AGELESS provides a timely packaging solution for customers navigating the PFAS regulatory landscape. Full Article
mi Flamin' Hot revamps packaging, establishes brand of its own By www.packagingstrategies.com Published On :: Thu, 21 Mar 2024 00:00:00 -0400 Frito-Lay's Flamin’ Hot portfolio, encompassing 25 unique products, is coming together as an official brand and stepping out with a fierce new look. Full Article
mi Ranpak PadPak Auto-Coiler for Customizable Paper-Based Solutions By www.packagingstrategies.com Published On :: Tue, 27 Apr 2021 10:21:00 -0400 The on-demand system creates paper-based cushioning to displace foam and plastic. Full Article
mi EDL Packaging Customizes Its Twin Stream Bundler To Streamline Shelving of Personal Care Products By www.packagingstrategies.com Published On :: Tue, 08 Jun 2021 13:20:00 -0400 The shrink film bundler was designed and manufactured to package liquid soaps and cleansers for a contract packer that manufactures under license for well known brands. Full Article
mi 2 Minute Machine Talk By www.packagingstrategies.com Published On :: Tue, 15 Jun 2021 00:00:00 -0400 Packaging Strategies asked SOMIC America, Inc. to provide its single- and multi-component machine capabilities. First, a look at what’s trending. Full Article
mi Automating Your Case Forming and Pack Cell Operations By www.packagingstrategies.com Published On :: Fri, 04 Mar 2022 00:00:00 -0500 The goal of secondary packaging is to ensure the integrity of a product during storage and transportation, making sure it reaches the hands of the user in the same state as it was made. Full Article
mi Miswa Chemicals UK Automates Trio of End-of-Lines with Help from Sidel By www.packagingstrategies.com Published On :: Thu, 05 Sep 2024 13:45:05 -0400 With its large packing portfolio and secondary packaging expertise, Sidel has provided three adapted case packers to handle different homecare, automotive and insecticide products on three lines, contributing to an overall 40% production line increase. Full Article
mi Once Upon a Farm Sees Growth with SOMIC's 424 W3 Wraparound Case Packing System By www.packagingstrategies.com Published On :: Wed, 18 Sep 2024 12:49:07 -0400 Prior to purchasing the pair of SOMIC case packing systems, Once Upon a Farm’s co-packers used manual labor to handle the products. Full Article
mi Ball releases report touting Eyeris printing technology for aluminum packaging By www.packagingstrategies.com Published On :: Wed, 27 Sep 2023 00:00:00 -0400 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. Full Article
mi Tetra Pak, Lactogal cut carbon footprint of aseptic milk cartons by a third By www.packagingstrategies.com Published On :: Wed, 15 Nov 2023 00:00:00 -0500 Launch of the Tetra Brik® Aseptic 200 Slim Leaf carton with paper-based barrier provides a package that can be distributed under ambient conditions while hitting the 90% renewable content mark. Full Article
mi Coop and Emmi Launch Sustainable PET Bottles for Dairy Products By www.packagingstrategies.com Published On :: Wed, 31 Jan 2024 15:39:06 -0500 At present, the bottles are the only kind of plastic food packaging in Switzerland that can be recycled and reprocessed in a closed cycle. Full Article
mi ProMach Acquires Zacmi, Leading Supplier of Filling & Closing Equipment By www.packagingstrategies.com Published On :: Thu, 15 Feb 2024 00:00:00 -0500 Acquisition allows ProMach to establish a powerful position in the food and pet care sectors where can filling and sterilization are required. Full Article
mi Cambio Roasters Releases Aluminum Coffee Pods By www.packagingstrategies.com Published On :: Wed, 25 Sep 2024 12:20:47 -0400 The aluminum coffee pod addresses the environmental crisis caused by the 40 million plastic coffee pods that end up in landfills and oceans every day, offering a more eco-friendly and high-quality alternative. Full Article
mi TIPA Launches Packaging Made from Rice Waste amid Latest Plastic Bans By www.packagingstrategies.com Published On :: Thu, 09 Nov 2023 07:00:00 -0500 The trays originate from natural waste and are designed to return to the earth, fully decomposing into compost at the end of their lifecycle. Full Article
mi New Technology Optimizes Coextrusion Films for Fresh Produce Packaging By www.packagingstrategies.com Published On :: Wed, 26 Jun 2024 00:00:00 -0400 NOVA Chemicals tested its ASTUTE™ plastomers against other blends and found it achieves higher oxygen transmission rates, clarity, and stiffness in breathable films, resulting in fresher food and reduced waste. Full Article
mi Economical, small-footprint, floor-level palletizer makes automation easy By www.packagingstrategies.com Published On :: Tue, 14 Mar 2023 00:00:00 -0400 A-B-C Packaging’s compact Model 72AN palletizer can occupy from 10% to 30% less floor space than conventional low-level palletizers. Full Article
mi CMES Robotics Introduces Innovative Mixed-Case Palletizing Solutions By www.packagingstrategies.com Published On :: Thu, 17 Aug 2023 00:00:00 -0400 New system, a collaboration with Yaskawa Motoman, utilizes advanced vision systems and intelligent software algorithms to accurately identify and handle diverse products. Full Article
mi PMMI Report: Labor Shortages, E-Commerce Growth Are Driving Warehouse Automation By www.packagingstrategies.com Published On :: Thu, 07 Dec 2023 00:00:00 -0500 CPG companies are turning to warehouse automation solutions such as palletizers and mobile robots, according to the PMMI report. Full Article
mi Robotiq's new AX20 & AX30 palletizers surpass weight & reach limits By www.packagingstrategies.com Published On :: Wed, 24 Jul 2024 00:00:36 -0400 New cobot palletizers can build pallets as high as 108 inches and handle packaging as heavy as 60 pounds. Full Article
mi PMMI Report: Brand Owners Rely on Contract Packaging, Contract Manufacturing By www.packagingstrategies.com Published On :: Mon, 07 Oct 2024 00:00:00 -0400 Hiring a CP/CM provider allows brand owners to access machinery/packaging formats not available in-house, test new packaging, offer customized packaging, and more. Full Article
mi Premier Tech’s New TOMA Product Line Marries Palletizing with Automation By www.packagingstrategies.com Published On :: Tue, 29 Oct 2024 11:21:26 -0400 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. Full Article
mi PMI KYOTO Develops New End-of-Line Packaging System for Bar Products By www.packagingstrategies.com Published On :: Tue, 13 Apr 2021 07:00:00 -0400 The complete EOL system is designed to eliminate bottlenecks and increase bar packaging efficiency. Full Article
mi Dynamic Conveyor to Showcase DynaClean S Series at PACK EXPO By www.packagingstrategies.com Published On :: Tue, 29 Oct 2024 12:35:36 -0400 Visitors to Dynamic Conveyor’s booth will be able to see the S Series in action during the event, taking place at McCormick Place in Chicago, IL. Full Article
mi Smithfield Foods Prepares for COVID-19 Vaccine Distribution to Employees By www.packagingstrategies.com Published On :: Thu, 07 Jan 2021 00:00:00 -0500 Smithfield Foods, the world’s largest pork processor, announced that it is actively preparing for COVID-19 vaccine distribution to employees and has medical capabilities at its U.S. plants. Meatpacking workers were among the groups hit hardest by the new coronavirus last year. Full Article
mi Biden Administration to Dedicate $1 billion for Expansion of Independent Processing Capacity By www.packagingstrategies.com Published On :: Tue, 04 Jan 2022 10:42:22 -0500 The plan includes four core strategies intended to create better earnings for groups involved in the meat and poultry supply chain. Full Article
mi University researchers create packaging tray that warns of food contamination By www.packagingstrategies.com Published On :: Wed, 05 Jul 2023 00:00:00 -0400 The new technology will enable producers, retailers and consumers to tell in real time whether the contents of a sealed food package are contaminated. Full Article
mi GEA unveils thermoforming packaging machine for small and medium-sized companies By www.packagingstrategies.com Published On :: Tue, 27 Aug 2024 00:00:00 -0400 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. Full Article
mi New Line of Compact Counting & Packaging Equipment for Unmixed, Single Type or Single Flavor Products By www.packagingstrategies.com Published On :: Fri, 12 Feb 2021 13:00:00 -0500 The fully servo-driven HQ Series counting & dispensing machines are designed to provide 100% accuracy for primary or secondary packaging of candy, confectionary and chocolate as well as non-food products. Full Article
mi Automatic Inline Inspection Maximizes Sustainability of Silicone Release Liners By www.packagingstrategies.com Published On :: Tue, 14 Mar 2023 11:06:15 -0400 Techlan, with the help of ISRA Vision, developed its Re-Liner, a silicone release material that is 100% recycled, and can be reused up to 10 times in a circular system. Full Article
mi PMMI: Pharmaceutical Machinery Market Growth Outpaces Larger Industries By www.packagingstrategies.com Published On :: Fri, 01 Mar 2024 00:00:26 -0500 The need to modernize technology, automate, and provide sustainable solutions – plus supply chain woes – influence the billions being poured into expansion. Full Article
mi Label King Improves Business with Domino Digital Press By www.packagingstrategies.com Published On :: Tue, 14 Nov 2023 14:54:26 -0500 In a recent video, Domino, a leading manufacturer and distributor of digital printing and product identification solutions, caught up with Label King to learn more about the company, their vetting process for adding digital printing, and the impact digital has had on their business. Full Article
mi Dispelling the Myths and Misconceptions about Digital Corrugated Printing By www.packagingstrategies.com Published On :: Tue, 14 May 2024 00:00:00 -0400 In this article, Domino’s Ben Ginesi offers his perspective on how digital corrugated printing stacks up against flexographic and lithographic printing. Full Article
mi Domino customers celebrate ‘Best-in-Class’ designation at TLMI Awards Dinner By www.packagingstrategies.com Published On :: Thu, 17 Oct 2024 00:00:32 -0400 The TLMI Printing Excellence Awards celebrate outstanding printing and converting achievements in the North American Label and Packaging Industry. Full Article
mi Sun Chemical to Showcase Transformative Sustainable Solutions at PACK EXPO By www.packagingstrategies.com Published On :: Thu, 17 Oct 2024 00:00:41 -0400 Company will highlight its complete portfolio of sustainable solutions for the packaging and narrow web, tag and label markets. Full Article
mi Letter from Alexander Hamilton to James Bayard (January 16, 1801) By www.encyclopediavirginia.org Published On :: Fri, 30 Oct 2020 16:09:37 EST In this letter, dated January 16, 1801, Alexander Hamilton writes to James Bayard, a Federalist member of the U. S. House of Representatives from Delaware. Hamilton conveys his satisfaction that Bayard has decided to support Burr in the Election of 1800. He goes on to offer his criticisms of both Aaron Burr and Thomas Jefferson and his worst fears were either man to become president. Fri, 30 Oct 2020 16:09:37 EST Full Article
mi Members of the Virginia State Corporation Commission By www.encyclopediavirginia.org Published On :: Wed, 13 Jan 2021 11:26:11 EST The Virginia State Corporation Commission was created by the Constitution of 1902. Its responsibilities include issuing charters of incorporation, policing financial industries such as banking and insurance, regulating rates that common carriers charge for freight and passengers, and enforcing the laws that govern rates charged by such public utilities as electric and telephone companies. Because the commission promulgates regulations, operates regulatory agencies, and hears appeals on some kinds of administrative matters, it exercises legislative, executive, and judicial functions and has sometimes been referred to as the fourth branch of state government. The commission consists of three members who serve six-year terms, one term expiring every second year. The governor appointed members from to 1903 to 1919; voters elected members from 1919 to 1928; and the General Assembly named members after 1928. If a vacancy occurs when the assembly is not in session, the governor appoints a new member. The first commissioners took office on March 1, 1903.Wed, 13 Jan 2021 11:26:11 EST Full Article
mi Registration Now Open for Destinations International Fall 2024 Conferences: Advocacy Summit, Social Inclusion Summit and Business Operations Summit By destinationsinternational.org Published On :: Wed, 10 Jul 2024 18:22:25 +0000 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 Image Off Tim Smith 3 min read July 10, 2024 Registration Now Open for Destinations International Fall 2024 Conferences: Advocacy Summit, Social Inclusion Summit and Business Operations Summit Premier events offer essential knowledge and skills to help destination organizations lead with innovation and inclusivity Media Contact: Tim Smith tsmith@destinationsinternational.org1.425.577.4499 Washington, D.C., USA (July 10, 2024) – Destinations International (DI), the world’s leading resource for destination organizations, convention and visitors bureaus (CVBs), and tourism boards, has opened registration for its three remaining major events in 2024: the Advocacy Summit, which will take place in Rio Grande, Puerto Rico, from October 22-24; and the Social Inclusion Summit and Business Operations Summit, which both will take place in Spokane, Washington, October 28-30. Destinations International continues to provide training and development specially designed to help destination organizations anticipate transformation and thrive in a continually evolving environment. Each summit will look at current challenges and opportunities and offer the opportunity to explore, learn, and network among industry peers. Attendees will benefit from comprehensive sessions that address the most pressing issues facing the sector today, from enhancing stakeholder engagement and impactful advocacy, to advancing social inclusion, to embracing advancements in technology and innovation in business operations. “Destinations International is committed to providing our members with the essential information they need to help their organizations and communities thrive,” said Don Welsh, president and CEO of Destinations International. “Our outstanding fall summits focus on the most pressing and timely issues facing destination organizations today and offer an unprecedented opportunity to learn from experts and network with peers. I’m confident that attendees will leave each summit with new insights and actionable strategies to take back to their organizations.” Summit overviews: 2024 Advocacy Summit (Rio Grande, Puerto Rico – October 22-24, 2024) Under the theme “Advocate as Catalyst,” the summit will help destination organizations better serve as essential community assets promoting the local community as an attractive travel destination while also enhancing its public image as a dynamic place live and work. Through interactive discussions, case studies and practical exercises, attendees will develop skills, identify tools and gain knowledge to support powerful advocacy. This year, the event offers three immersive workshops to explore the rich Taíno heritage of Puerto Rico; survey the intersection of ecotourism and conservation against the unique backdrop of El Yunque National Forest, the only tropical rainforest in the U.S. National Forest System; and learn about the development of eco-cultural tourism attractions at Carabali Rainforest Adventure Park. (Click here for more information and to register) 2024 Social Inclusion Summit (Spokane, Washington – October 28-30, 2024)The summit offers a series of impactful sessions and immersive experiences designed to engage community partnerships and create a welcoming environment where people of all abilities and backgrounds feel welcome, valued and understood. Through a lens of accountability, attendees will learn actionable strategies to deepen community relationships and enhance workplace culture, ultimately creating welcoming experiences for visitors. Sessions include: Fostering Community Connections for Impact; Advocacy Strategies for Engaging Local Government; and Establishing Accountability in Social Inclusion. This summit is for leaders of all abilities and backgrounds who specialize in, or have an interest in, community engagement, human resources, culture development, marketing, and inclusion and belonging.(Click here for more information and to register) 2024 Business Operations Summit (Spokane, Washington – October 28-30, 2024)The Business Operations Summit is a cross-functional gathering of destination organization professionals in finance, human resources, operations and technology. This year’s summit will leverage the latest advancements in finance, digital platforms and talent management, offering valuable knowledge and practical solutions to help destination organization leaders navigate the complexities of modern business operations. Join us to explore how finance, technology, and HR can drive innovation and excellence in your organization.(Click here for more information and to register) Please check destinationsinternational.org for latest updates on these and all Destinations International events and information. ### About Destinations International Destinations International is the world’s largest and most trusted resource for destination organizations, convention and visitors bureaus (CVBs) and tourism boards. With more than 7,500 members and partners from over 750 destinations, the association represents a powerful forward-thinking and collaborative community around the world. For more information, visit www.destinationsinternational.org. Operations Human Resources Information Technology Finance Workforce Development Show Header? Off Full Article
mi What did you wish you knew before becoming a music teacher? By legacy.duetpartner.com Published On :: Mon, 29 May 2023 22:37:19 +0000 Recently, we asked, "What's one thing you wish you knew before starting your own private music studio?" Here are some of the comments we received. Full Article Inspiration Studio Management cello lessons cello studio guitar lessons guitar studio music lesson music studio music teacher music teaching piano lessons piano studio studio management
mi Your Vision and Values as a Teacher – Creating a Mission Statement as a Teacher By legacy.duetpartner.com Published On :: Mon, 10 Jul 2023 16:51:44 +0000 Do you have a set of values that guide your teaching and the way you've set up your studio? Here are some ideas to get you started. Full Article Inspiration Studio Management Webinars music lesson music software music studio music teacher music teacher software music teaching piano lessons studio management
mi ICYMI - PBOC Governor warned on yuan slide, will 'guard against risk of overshoot' By www.forexlive.com Published On :: Mon, 11 Nov 2024 23:39:59 GMT Justin had the news from the People's Bank of China here:PBOC governor will maintain yuan exchange rate at a reasonable, balanced levelPBOC governor Pan Gongsheng emphasized the Bank will not let the yuan plummet without a fight:Will step up countercyclical adjustment Should resolutely guard against the risk of exchange rate overshootWith the surging USD after Trump's win the yuan is just one of many weaker currencies: This article was written by Eamonn Sheridan at www.forexlive.com. Full Article Central Banks
mi Fed's Kashkari: The fundamentals seems strong and I'm optimistic that will continue By www.forexlive.com Published On :: Tue, 12 Nov 2024 19:06:41 GMT Comments from the Minneapolis Fed President in conversation with Yahoo Finance.Contacts are optimisticWe have to wait and see what the new government policies are, we will have to wait and seeA one-time tariff increase in transitory but it can become tit-for-tat, right now we're all just guessingImmigration could have a big effect but we will have to see what will happenNew lease inflation takes a couple years to work its way throughWe have good confidence that the housing piece of inflation will get to normal levels, though it may take a year or twoThe labor market has been surprisingly resilient, it's a good labor marketThe economy looks like it's in a strong positionIf we saw inflation surprise to the upside between now and December, that might give us pauseProbably not enough time for jobs to surprise on the upsideProductivity looks like it's been stronger, which could mean a higher neutral rate If so, we may not cut as muchWe all agree that we're above neutral nowThe rise in long-term yields doesn't look like it's about long-term inflation expectationsI think we're modestly restrictive right now. I thought we were putting two feet on the brakes but in hindsight we were only putting one foot on the brakeMy judgement is that we still have a long ways to go in shrinking the balance sheetUltimately the economy will guide us in terms of how far we need to cut ratesKashkari is candid and is oftentimes dovish but he sounded less like someone who wants to keep on cutting. His comment about one foot on the brakes was helpful in illustrating how he sees the economy and rates. The interesting discussion is about neutral right now and how close the Fed wants to go. He also touched on a longer timeline to get inflation all the way back to 2% and that should keep the Fed in the high 3s assuming no sharp slowdown in the economy. Of course, the Fed curve is also pricing 3.80% as the terminal rate. This article was written by Adam Button at www.forexlive.com. Full Article Central Banks
mi ECB Interest Rate Forecast: Deutsche Bank's 7 reasons for projecting a lower terminal rate By www.forexlive.com Published On :: Tue, 12 Nov 2024 23:19:39 GMT Deutsche Bank has revised its forecast for the European Central Bank’s (ECB) terminal rate, lowering its central-case projection from 2.25% to 1.50%. The bank now anticipates the ECB’s policy rate will dip slightly below the neutral rate by the end of 2025, rather than returning to neutral by mid-year as previously expected.This shift in outlook is driven by several factors, including the potential for new tariffs from a Trump administration, which would likely impact trade, along with weaker macroeconomic performance in Europe and the increasing risk of inflation falling below target. According to Deutsche Bank, the uncertainty surrounding these dynamics is considerable, especially given the unclear timing and effects of U.S. tariffs and potential European responses. Reflecting this uncertainty, the bank has outlined a broad target range of 1.00% to 1.75% for the ECB’s terminal rate.Deutsche Bank notes that the terminal rate’s trajectory and ultimate level will depend on key influences such as:European fiscal policy, the economic health of Germany, developments in China, and fluctuations in oil prices. The bank further suggests that the global economy may be entering a new phase, with Europe potentially experiencing increasingly divergent economic conditions compared to the U.S. This article was written by Eamonn Sheridan at www.forexlive.com. Full Article Central Banks
mi PBOC sets USD/ CNY mid-point today at 7.1991 (vs. estimate at 7.2305) By www.forexlive.com Published On :: Wed, 13 Nov 2024 01:15:21 GMT The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.Previous reference rate was 7.2355.The setting at 7.1991, about 300-odd points lower than the modelled estimate is indicative of the PBoC pushing back against yuan weakness. AUD/USD has popped a little on the setting of a stronger than expected yuan. PBOC injects 233bn yuan via 7-day RR, sets rate at 1.5% 17bn yuan mature today net injection is 216bn yuan/*/* This article was written by Eamonn Sheridan at www.forexlive.com. Full Article Central Banks
mi PBoC promised stronger damping to support CNY, and that's what are seeing By www.forexlive.com Published On :: Wed, 13 Nov 2024 01:29:29 GMT Justin had the news from the People's Bank of China here on Monday:PBOC governor will maintain yuan exchange rate at a reasonable, balanced levelThe PBOC governor Pan Gongsheng emphasized that the Bank will not let the yuan plummet without a fight:Will step up countercyclical adjustmentShould resolutely guard against the risk of exchange rate overshootToday is an example of the Bank pushing back on yuan weakness, with the reference rate set 300+ points stronger for the CNY than was expected (in the Reuters model). Offshore yuan has jumped (lower USD/CNH as shown in the chart below): This article was written by Eamonn Sheridan at www.forexlive.com. Full Article Central Banks
mi USDCHF trades above and below the 50% midpoint of the move down from the May high By www.forexlive.com Published On :: Mon, 11 Nov 2024 16:38:32 GMT The USDCHF has moved higher in trading today and in the process moved above the swing highs from last week and swing area between 0.8772 to 0.8776. That area is now a close risk and bias-defining level. Staying above is more bullish. The move above that area today has led to an increase in momentum with the price moving to and through the 50% midpoint of the move down from the Mqy 1 high. That level comes in at 0.87986 (near natural resistance at 0.8800).The price is in trading above and below that level the last four or so hours of trading with a high price of 0.8804. Also in play on the topside is its 200-day moving average at 0.8817 and a swing area from 0.88187 to 0.88251. Get above those levels would open the door for more upside momentum.So buyers and sellers are battling it out near the 50% midpoint and below the 200-day moving average. That is natural estranged can defined and limited risk against the technical levels. However, the price were to move above the 200-day moving average, the seller leaning now, should look to cover and push the price higher. ---------------------------------USDCHF SummaryThe USDCHF continues its upward trend, testing the 50% target level at 0.87986.Key Levels:Resistance0.8817 (200-day MA)0.88187-0.8825 (swing area)Support0.8772-0.87763 (last week's highs)Outlook:Breaking above 0.88187-0.8825 opens door for more upside momentum.Moving below 0.8772-0.87763 gives sellers short-term advantage.Absent a breakdown, buyers remain in control, targeting new highs since July 31. This article was written by Greg Michalowski at www.forexlive.com. Full Article Technical Analysis
mi Economic calendar in Asia - Wednesday, November 13, 2024 - Fed speaker By www.forexlive.com Published On :: Tue, 12 Nov 2024 20:59:46 GMT There were numerous Fed speakers on Tuesday, US time:Fed's Kashkari: The fundamentals seems strong and I'm optimistic that will continueFed's Barkin: Fed in position to respond appropriately regardless of how economy evolvesFed's Waller: Makes no comments on economy or monetary policy outlookand we get one more today in Asia:2200 GMT / 1700 US Eastern time - Federal Reserve Bank of Philadelphia President Patrick Harker speaks on "Fintech, AI and the Changing Financial Landscape". Which doesn't sound too promising for remarks from him on the economy or monetary policy. But, perhaps we'll get a mortsel thrown to us in any Q&A. ***As for the data agenda, it's a bit of a yawn, none of it likely to move around major FX upon release. From Japan we'll get an update of wholesale inflation - the PPI for October. The Producer Price Index (PPI) in Japan is also known as the Corporate Goods Price Index (CGPI)its a measure of the average change over time in the selling prices received by domestic producers for their outputis calculated by the Bank of JapanUnlike the Consumer Price Index (CPI), which measures the price change that consumers see for a basket of goods and services, the CGPI focuses on the change in the prices of goods sold by companies.The PPI reflects some of cost pressures faced by producersits based on a basket of goods that represents the range of products produced within the Japanese economy, including items such as:raw materials like metals and chemicalssemi-finished goodsand finished productsdifferent weights are assigned to each category within the index based on its contribution to the overall economy.it does not account for the quality improvements in goods and services over time, which might lead to overestimation of inflationadditionally, it reflects only the prices of domestically produced goods, leaving out the impact of imported goodsThe PPI can be used as a guide to inflationary pressures in the economy:If producers are facing higher costs, they may pass these on to consumers, leading to higher consumer prices.***From Australia we'll get wages data for Q3. Wage growth is expected to keep slowing (y/y) in Q3 2024. With the labor market softening, upward pressure on wages has been easing over recent quarters. In Commonwealth Bank of Australia's preview they cite their internal data as indicating a quarterly wage growth of around 0.9%, a notable decrease from the 1.3% growth seen in the same quarter last year, which had been boosted by a significant 5.75% increase in award and minimum wages. As a result, the annual wage growth rate is projected to fall to 3.6%, bringing it closer to a level compatible with sustainable, in-target inflation.While the labour market softening, but from strong levels, the RBA is eyeing wage growth as a factor helping keep inflation sticky. A moderation in growth for wages will be welcomed by the bank if it translates into softening price pressure also. This snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column are GMT.The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected. I’ve noted data for New Zealand and Australia with text as the similarity of the little flags can sometimes be confusing. This article was written by Eamonn Sheridan at www.forexlive.com. Full Article News
mi Barclays on oil - current market dynamics relatively stable, doesn't foresee major shifts By www.forexlive.com Published On :: Tue, 12 Nov 2024 23:31:08 GMT Barclays has issued a note suggesting that the re-election of Trump is unlikely to significantly impact oil market fundamentals in the near term. The bank believes that current market dynamics are relatively stable and does not foresee major shifts tied to potential changes in U.S. leadership. Barclays is recommending a long position on December 2025 Brent call spreads. The bank notes that volatility has recently decreased, and it perceives market sentiment as overly focused on downside risks, or the "left tail." In contrast, Barclays believes the risks are more balanced, especially in light of recent improvements in oil market fundamentals and the possibility of a more confrontational geopolitical landscape. This article was written by Eamonn Sheridan at www.forexlive.com. Full Article News
mi Breaking Ground: Midnight to Launch the World’s First Deconstructed MMO on Aptos By www.forexlive.com Published On :: Fri, 01 Nov 2024 15:29:33 GMT Midnight Evergreen Technologies, Inc. (Midnight) dares to reimagine the role of an AA game publisher, with a mission to fundamentally reshape how we play together. Midnight is building The Evergreen, the first (of-its-kind) publishing platform designed as a deconstructed, composable MMORPG, delivering immersive, cross-genre experiences that seamlessly span across various platforms, pushing the boundaries of how games are played and enjoyed.The Evergreen fuses enduring player progression with constantly evolving gameplay, creating an interconnected arcade of games that offer the reach, engagement, and monetization of a traditional MMO—without the risks of a single theme, game narrative, or prolonged production cycles.Midnight proudly announces the launch of the first of its 26 planned core games in this Deconstructed MMO: The Evergreen: Midnight Market. Set to release on Web, Mobile, and Telegram, and built in partnership with Aptos Foundation, Midnight Market is a daring game of risk and reward where every spin teeters between fortune and mischief. Combining the thrill of crypto gaming with the reliability and scalability of Aptos' Layer 1 blockchain, Midnight Market sets a new standard for decentralized gaming.Players will find themselves in a high-stakes world of chance, crafting items, earning tokens, and navigating encounters with the elusive Night Pig. How far will you push your luck in pursuit of the ultimate prize?“Our partnership with Aptos Foundation marks a significant tipping point,” said Steve Wade, Founder & CEO of Midnight. “Aptos’ innovative Web3 infrastructure aligns perfectly with our strategy to focus on player participation in the ecosystems they engage with. Specifically, we’ve solved for interoperability between games, and Aptos makes that solution a reality.” Wade further explained, “We believe in the creator economy and see Web3 as the next logical step—empowering individuals and communities to shape the ecosystems they interact with. With Aptos, we envision a world where players’ stories matter and endure long after the game is over.”Key Features of The Evergreen: Midnight MarketEngaging, Unpredictable Gameplay: Players experience unpredictable rewards or unexpected encounters, with every spin holding the potential for either fortune or a surprise interaction with the Night Pig. This element of suspense enhances the gameplay experience with an entertaining, high-stakes twist.Decisive Risk-Reward Mechanics: With each turn, players must choose between pushing their luck for higher rewards or banking their earnings. This gameplay design adds strategic depth, enhancing engagement through meaningful player choices.Aptos Powered Player Economy: Midnight Market features a blockchain-powered economy, enabling players to craft items known as Keys and earn tickets that can be redeemed for the native ecosystem token or other exclusive merchandise. This player-driven system ensures that every reward has tangible value, heightening the stakes and making the game’s risk-reward mechanics even more impactful.The game is the first major title to utilize the Aptos high-throughput blockchain, which boasts low latency and high transaction speeds, creating a seamless gaming environment for thousands of players worldwide.“Powered by the speed and security of the Aptos blockchain, we’re excited to see Midnight’s ambitious vision for The Evergreen brought to life,” said Bashar Lazaar, Head of Grants and Ecosystem at Aptos Foundation. “Players can expect an immersive, genre-spanning experience where every move shapes their unique journey, and the time they spend leaves lasting echoes within the game’s universe and control over the assets they acquire. This isn’t just a step into the future of Web3 gaming—it’s a bold leap forward, placing players at the heart of a dynamic ecosystem, where every moment they choose to spend has a meaningful impact on the worlds they explore".The Evergreen: Midnight Market is in closed beta now and available to players globally November 13th. About Aptos FoundationAptos Foundation is dedicated to supporting the development of the Aptos protocol, decentralized network and ecosystem and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses.About Aptos NetworkAptos is a next-generation Layer 1 blockchain. Aptos’ breakthrough technology and programming language, Move, are designed to evolve, improve performance and strengthen user safeguards.About MidnightMidnight (https://www.midnight.io/) is at the forefront of innovation with The Evergreen, the first-ever publishing platform that operates as a deconstructed, composable MMORPG. Players engage with and explore diverse, interconnected game worlds, all linked by The Evergreen, a dynamic nexus that binds these unique experiences together. Each game is its own universe, offering new adventures while feeding into a broader progression system. By combining immersive gameplay with a shared economy and evolving narratives, Midnight is reshaping how players discover and interact with new worlds across genres and platforms. This article was written by FL Contributors at www.forexlive.com. Full Article Education