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Rethink Robotics unveils new line of collaborative robots at IMTS

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NestFresh Seeks to Become a Bright Spot this Spring with Seasonal Packaging

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Bumble Bee Seafoods' New Packaging Wins 'Best Package Design' at Chief Marketer's Pro Awards

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PMMI: Pharmaceutical Machinery Market Growth Outpaces Larger Industries

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Antares Vision Group to Debut Inspection Machine for BFS Cards at ACHEMA

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Pacificolor clients stand to gain from company’s new corrugated graphics equipment

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Afinia Label Unveils X350 Digital Roll to Roll Press for High-Volume Label Printing

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Coding and Printing: From Improved Recycling to Catching the Consumer’s Eye

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Skipping the Label: High-Speed, Direct-to-Packaging Printing Comes of Age

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Vanguard Announces Partnership with American Print Consultants

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A Perfect Collab: DMOs x Higher Education

A Perfect Collab: DMOs x Higher Education jhammond@desti… Fri, 08/02/2024 - 15:50

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Workforce development is critical to the future of DMOs as we advocate for tourism investment and share the industry’s benefits across communities. Higher education institutions can become strategic partners in workforce development, research, and community engagement strategies. 

6 min read

Destination Marketing might be the biggest humblebrag in the Hospitality Industry. DMOs are doing amazing things to connect our communities, expand the benefits of tourism, drive the economy, and create authentic experiences in the humblest way possible. That sense of selflessness and passion for creating better destinations is what makes this industry so incredible. Anyone who has even caught a glimpse of the recent Annual Convention would see how incredibly cool it is to be part of a DMO. The stories of the impact that we are making in our communities should be shouted from the mountaintops!

Interestingly, though, Tourism and Hospitality Management – where the power of a DMO is taught at the college level - is currently ranked as the 61st most popular major for students in the United States. Enrollment in collegiate hospitality management programs has seen a significant decline in the past ten years due to a lack of knowledge about our industry and the ability to tell our story about the impact we make every day. Recently, HSMAI surveyed hospitality school deans and program directors and found that potential students perceive the field to be centered on hotels and F&B outlets with unstable career paths and positions that require long hours, low pay, and limited work-life balance. Further compounding the issue, the study revealed a lack of qualified faculty, limited connections to industry practitioners, and a lack of program support from ancillary departments like admissions and marketing. In other words, we need to do a better job telling the story of DMOs' impact on attracting new talent into the industry.

I have the opportunity to regularly participate in student recruitment efforts at my institution, where I meet with college-bound families or visit high school programs, and the most common question I get is, “What are the jobs in tourism?” While I have become quite adept at pitching non-linear career paths, I try to counter this question by asking the students what they want in a job. Aside from making money, I hear students seek meaning in their work. Our industry can provide exactly that and help to reshape the narrative around Tourism and Hospitality Management as a field of study. While thoroughly pitching the pillars of sustainable tourism to a high school student in 30 seconds might be a stretch, students gravitate towards concepts like community development, place branding, cultural preservation, and supporting locals. Sustainability is already on their minds, and we have an amazing opportunity to show students how they can translate their way of thinking into a remarkable career path. I’m hopeful that the incredible advocacy case studies discussed at the Annual Convention are only the tip of the iceberg and will inspire more students to find the meaning, satisfaction, and enjoyment that our industry offers.

With DMOs focusing more on community engagement and higher education and looking for more robust connection opportunities, there is the potential for incredible collaborations between organizations. With all the themes of this year’s Annual Convention in mind, here are four ways that I’ll be leveling up my curriculum this fall and how you can collaborate:

Embracing AI

Jason Swick, VP of Strategy & Insights from Simpleview, led off his presentation with a statistic that 66% of employers in our industry are now looking for AI skills on resumes. A common refrain throughout the week is that AI won’t replace jobs, but people who know how to use it will. By folding some AI basics into our tourism marketing courses, like prompt engineering, personalization of GPTs, and AI organization strategies, we can introduce the next generation of leaders to this technology so they can take it and run with it. This realm provides a variety of case study-based projects where DMO’s could partner with students to begin their AI journeys together.

Igniting Community Pride

We offer several modules in our program that explore the concepts of community-shared values and place branding frameworks, and, in theory, they work great. This fall, I’ll be pushing students to move these concepts further to develop strategies that engage the community and showcase the benefits of tourism. The Little Adventures program from Destin Fort Walton Beach, Florida, along with St. Peterburg’s “From Visitors with Love” campaign, are just two of many examples from the convention that make for impactful case studies connecting theory to practice. Leveraging local colleges to develop and deploy similar projects is a great way to support these valuable efforts that may not directly drive revenue.

Long-Term Strategic Planning

Inspired by the planning process discussed by Minneapolis, Japan, and Richmond, Canada, there is a need to better prepare students for thinking in the long term. Looking at the DNEXT trend data along with the pillars of community engagement, visitor engagement, partner support, and destination development, students can develop mock strategic plans that span 5-10 years for a destination. This type of exercise is a great way to develop a strategic mindset and raise the level of education students are receiving. Looking to higher education institutions as hubs of innovation could create alignment with strategic plans while engaging the student population.

Data-Driven Decision-making

As in all industries, understanding how to collect and interpret data is critical to decision-making. By connecting students to industry-developed survey instruments and data collection and analysis technologies, they can bridge the gap in understanding how DMOs drive community alignment, economic development, and brand strategies. Use college programs to help fuel research. Academics love qualitative and quantitative studies – there is excellent potential for collaboration on community perception studies to advance advocacy efforts.

Our industry is incredibly cool. As we think about workforce development and building a strong pipeline of talent to carry the torch of progress in the DMO space, collaboration with Colleges and Universities is a prime opportunity to explore. These institutions are full of eager students looking to make a difference in their careers, and DMO’s are a perfect place to do it. What better way to learn by doing than collaborating with a DMO to make the destination a better place for all. I encourage you all to reach out to your local institutions to find ways to engage students in your mission. By inspiring students with the tremendous work being done at DMOs across the world, we can redefine what earning a degree in Tourism and Hospitality Management means and inspire the next generation to make a difference in their communities through the power of tourism.

About the Author

Bryan Lavin, DBA

Professor, Johnson and Wales University College of Hospitality Management

Bryan Lavin has been a member of the JWU Faculty for eight years. He teaches in the Department for International Travel and Tourism Studies at the College of Hospitality Management. Bryan’s area of expertise is destination marketing and sales, community development, and sustainable tourism planning. In addition to his scholarly pursuits in the field of tourism, Bryan also serves as the college’s brand manager. He is responsible for the management and execution of an integrated plan to position hospitality management as a dynamic and experiential discipline. 

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This Wednesday! Tuition: Which Model Works Best for You?

What do you charge for your teaching? If you want to take a fresh look at your tuition model, join us on Wednesday for an online discussion about this most important subject.




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Motivating Children – What Works When Talking to Parents About Practicing Music?

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US inflation data this week expected to show core CPI moving sideways - risk ahead higher

A note via Bank of America economists on expectations and wariness on US October CPI data due Wednesday at 8.30 am US Eastern time.

BoA expect core CPI to show an increase of 0.3% m/m month

  • holding at 3.3% y/y
  • would be the third consecutive month with a 3.3% core reading

BoA say that looking ahead, the rise is inflation tilted to the upside:

  • "We see pro-growth fiscal policy, tariffs, and tighter immigration as potential sources of upside inflation risk over the coming years if they are implemented"

Higher inflation to come would slow/halt/reverse (you can pick more than one ;-)) Federal Reserve rate cuts.

This article was written by Eamonn Sheridan at www.forexlive.com.




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November financial market seasonals: Japanese FX officials won't want to read this

The election is going to dominate early November trading so making moves based on seasonals is unwise. That said, it's useful to keep them in mind as the dust settles.

  • November is the best month for USD/JPY
  • Best month for the Nasdaq
  • Third-best month for the US dollar
  • The November through February is strong for gold
  • Second-best month for the S&P 500
  • Second-best month for the MSCI world index
  • Second-best month for the German DAX
  • Best month for the Nikkei 225
  • The final month of the seasonal slump for oil. Seasonals neutral in Dec-Jan then strongly positve from Feb-June

Going into last November, the S&P 500 had declined for three straight months but that month marked a turning point as it recouped nearly all the gains in what was the beginning of a five-month rally. This time, we're coming into the month with better momentum, though October was negative for stocks.

This article was written by Adam Button at www.forexlive.com.




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USDCHF trades above and below the 50% midpoint of the move down from the May high

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.

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USDCHF Summary

The USDCHF continues its upward trend, testing the 50% target level at 0.87986.

Key Levels:

Resistance

  • 0.8817 (200-day MA)

  • 0.88187-0.8825 (swing area)

Support

  • 0.8772-0.87763 (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.




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Gold futures is playing with fire with this key support ????

Gold futures warning: bull flag breakdown points to further downside risk for GC traders ????

Gold futures (GC) have recently broken out of a significant bull flag formation, and after a strong rally, prices have now pulled back, raising concerns among traders and investors. Let’s dive into the details and what it means for those holding or trading gold.

Understanding the measured move: a key level for professional traders ????

After breaking out of the yellow bull flag on the 4-hour chart, gold prices made a “measured move” from the low point A to the top of the bull flag pole at B, reaching as high as C. In trading, a measured move is a projection based on the initial rally (or decline) within a pattern, allowing traders to estimate where the price might head next. This level often aligns with Fibonacci retracements, with the 50% level in this case acting as a key decision-making point for professional traders and algorithms, who tend to sell at the completion of a measured move.

In this case, the measured move fulfilled its target, and prices began to pull back, signaling that some traders are locking in gains and potentially positioning for a reversal. This is often seen as an exhaustion point, where buyers lose steam, and sellers start stepping in.

Retesting the broken bull flag: signs of weakness? ????

Now, gold is retesting the previously broken bull flag, a critical area that could either act as support or become a point of resistance. As of the latest data, GC futures are trading below the Value Area Low (VAL) of approximately 2635-2636, adding further bearish pressure to the outlook. If prices close below this level today, it may signal that support is not holding—a significant concern for gold bulls.

What traders should watch ????

  • Closing price relative to VAL (2635-2636): A close below this level today would be a bearish signal, indicating that the support zone is failing to hold.
  • Consecutive closes below VAL: If today and tomorrow both close below 2635-2636, it could reinforce a bearish trend, making it even harder for gold to recover in the short term.
  • Bull flag as potential resistance: Now that the bull flag is broken, it may act as a new resistance point, which could further press down on prices.

Bottom line: is gold at risk of further downside? ⚠️

The recent breakdown from the bull flag, the completion of the measured move, and the failure to hold above the Value Area Low are all red flags for gold bulls. Should prices continue to close below 2635-2636, it could signal a stronger bearish trend for GC futures. As always, traders should approach with caution and assess their risk, as the market could face additional selling pressure if these support levels fail to hold. Trade at your own risk and visit ForexLive.com for additional views.

This article was written by Itai Levitan at www.forexlive.com.




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Gold sellers keep selling, but approaching a key target

Gold has been trending higher for a while now as traders hopped on the risk/safety trade going into the US election. Also higher inflation fear may have conttibuted. Finally, technicals were a help.

Looking at the daily chart below, apart from a day or two in February, the price has traded above the 100-day MA (blue line on the chart below) for every other day of the 2024 year. That MA is still well below at $2534.81. The current price is at $2619.79. Getting below it would be needed to give the sellers more control from a longer-term perspective.

Drilling down to the hourly chart below, the price trend move to the upside has seen corrective moves this year. More specifically, the price has alternated from trending with the price trading above the 100 and 200-hour moving averages, to correcting when the price fell below those moving averages.

On October 31st the price moved back below its 100-hour moving average. On November 1, and again on November 6 and November 8, the price retested the 100-hour moving average (on upside corrective moves) and found willing sellers against that moving average level. The sellers stayed in control at least in the short term (see three red arrows on the chart below).

In trading today, the momentum has increased to the downside with the price moving from a high of around $2675, to a low of $2610.52. The price is currently trading at $2619 down -$64 or -2.38%.

What next?

Looking at the hourly chart, the price is approaching a swing area going back to September and October (see red numbered circles and yellow area on the chart below) that area comes between $2598 and $2604. Also in play is the 38.2% of the move up from the June 2024 low to the October 30 high. That level comes in at $2598.06.

Getting below the 38.2% retracement is the minimum retracement target that shows the seller's mean business. Absent that, and the correction is just a normal correction in a trending market.

Traders will be watching that area for short and medium-term clues today and going forward. A move below will have traders looking toward the 50% midpoint at $2538.70 area. Around that area is also the rising 100 day moving average at $2534.80 increasing the areas importance. Be aware.

This article was written by Greg Michalowski at www.forexlive.com.




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TSLA Stock Technical Analysis – Road to a new all-time high?

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.

This article was written by Giuseppe Dellamotta at www.forexlive.com.




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USDCAD moved higher in the Asian session but after taking out recent highs rotated lower

The USDCAD moved higher in the Asian session and extended above the highs over the last few weeks between 1.3945 and 1.3958. The high price extended to 1.39664 but fell short of the 2022 high which came in at 1.3977.

The inability to move higher turn the buyers to sellers, and the price has rotated back down toward the close from yesterday's trade where buyers have stalled the fall.

On the downside, the next major target comes against the rising 100 and 200 hour moving averages between 1.3908 and 1.3911. It would take a move below that area to increase the bearish bias with the 100 bar moving average on a four hour chart the next downside target at 1.38868.

On the top side, getting back above 1.3945 and 1.3958 would have traders looking again toward the 2022 high at 1.3977. Get above that level opens the door for further upside potential.

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USDCAD Summary

The USDCAD rose in the Asian session, approaching 2022 highs.

Key Points:

  1. Broke above recent highs (1.3945-1.3958).

  2. Reached 1.39664, shy of 2022 high (1.3977).

  3. Buyers turned sellers, and the price fell.

Outlook:

Bullish Scenario

Move above 1.3945, 1.3958, and 1.3977 confirms further upside.

Bearish Scenario

Break below 1.3908-1.3911 (100/200-hour MA) and 1.38868 (100-bar MA) increases bearish bias.

Levels to Watch:

  • Resistance: 1.3945, 1.3958, 1.3977

  • Support: 1.3908, 1.3911, 1.38868

This article was written by Greg Michalowski at www.forexlive.com.




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USDJPY trades above last week's high

The USDJPY is extending to a new session high after testing is 61.8% retracement earlier in the day at 153.397 and finding willing buyers.

The market to the upside has now taken the price to a high of 154.75. That has extended above the high price from last week at 154.704. The buyers are making a play.

The swing high going back to July 30 came in at 155.21, and that becomes the next key target on the topside for the pair.

This article was written by Greg Michalowski at www.forexlive.com.




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US 10 year yield looks to close at the highest level since July 1

The high yield close for the 10-year note last week reached 4.433%. The current yield is currently at 4.4315%, up 12.3 basis points. A close above would be the highest close going back to July 1, 2024 when the close came in at 4.465%.

This article was written by Greg Michalowski at www.forexlive.com.




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It's not a pretty picture in China

The Chinese market and related global-growth proxies got excited about potential fiscal stimulus in October. After a flurry of buying, there has been some consolidation as we waited for the details.

Those details came on Friday and just before that, the market tried to break higher in a front-run of potentially larger stimulus. Beijing didn't deliver and the market was slow to digest that at first.

Today though, it looks like disappointment is setting in as the MCHI ETF falls into the October gap. The threat of tariffs combined with lackluster domestic growth make for a bad combination. Given how late the market was to pile into this theme, there are going to be many people underwater very quickly.

This article was written by Adam Button at www.forexlive.com.




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Forexlive Americas FX news wrap 12 Nov: Bitcoin hits $90K. Stocks fall. USD moves higher.

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.

This article was written by Greg Michalowski at www.forexlive.com.




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Green shoots in China? Excavator sales grew 15% in October

China-based Construction Machinery and Equipment (CME) with the data from earlier this week. In October China's excavator sales are estimated to have reached 16,791 units:

  • that's +15.1% y/y

More notably, excavator sales in the Chinese domestic market are estimated at 8,266 units

  • +21.6% y/y
  • Excavator sales to the export market +9.46% y/y

For the January-October 2024 period this year, China's excavator sales are estimated to have increased by 0.47 percent year on year

  • domestic market +9.8% y/y
  • export market -7.41% y/y

Is this a sign of green shoots for the economy in China?

There has been plenty of stimulus announcements, that the market has been disappointed with. But, are thye having an impact?

This article was written by Eamonn Sheridan at www.forexlive.com.




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Barclays on oil - current market dynamics relatively stable, doesn't foresee major shifts

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.




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Warped Games Announces Official Partnership with Mysten Labs to build on Sui

Warped Games, an indie game studio consisting of web3 and veteran game developers who have a legacy in creating player-focused games like LEGO Universe, Jumpgate, and Dragons and Titans, is on a mission to onboard millions of players to expand the Warped Universe, an immersive blockchain-powered game where players’ actions and decisions shape the environment and influence each season’s direction. After extensive exploration, Warped Games selected Sui as the blockchain to support this ambitious vision, thanks to its player-friendly approach and innovations in the Move language.

The announcement of Warped Games becoming an official partner with Mysten Labs arrives at a pivotal moment for blockchain gaming. With games like "Off The Grid" making strides toward mainstream adoption, this new collaboration marks another significant step in expanding blockchain gaming’s reach to a wider audience.

James Wing, Head of AAA Gaming Partnerships for Mysten Labs, commented on the official partnership: "Warped Games embodies what is exciting about this industry - founders and products that are built with passion to boldly address the wants of modern gamers. We are tremendously excited to partner with our friends at Warped and aid them in their journey to pioneer a new age of games on Sui."

Warped Universe: Empowering Players

Player empowerment is at the core of Warped Universe’s design. Here, players will be able to engage in PvE action in single-player or co-op mode, with an innovative multi-genre design giving players the flexibility to choose between turn-based or real-time genres across both ground and space gameplay. Players will also get to choose missions that influence the broader “meta-game,” affecting the balance of light and gravity for all, leading to wild and chaotic scenarios as each season aims to build a unique solar system in the Universe. This level of control redefines what it means to participate in a player-driven virtual world.

Breaking Barriers to Blockchain Accessibility

One of the largest obstacles facing blockchain adoption today is its intimidating complexity for newcomers. Traditional blockchain experiences involve managing seed phrases, navigating wallets, high fees, slow speed, and unfriendly, often intimidating transactions—barriers that can alienate potential users. Sui’s design eliminates these hurdles by offering a seamless, user-friendly blockchain experience required by games like Warped Universe, aiming to appeal to a mainstream gaming audience.

With Sui’s zkLogin feature, players can access the blockchain and create wallets using familiar credentials, like passkeys or existing logins, removing the need for seed phrases and technical know-how. For those who prefer greater control, Warped Universe will also allow players to connect their own self-custodied wallets, giving them the option to manage their assets independently. This accessibility empowers users to focus on what matters most—the game experience itself.

Enhanced NFT Utility with Move

Sui’s Move language and object model empower Warped Universe to create NFTs that go beyond static assets, offering dynamic, context-rich tokens that evolve with each player’s journey. Sui treats each asset as an individual, on-chain object with unique IDs and customizable fields, allowing NFTs to reflect player progression and deepen in-game immersion.

Innovations extend to the use of closed-loop tokens for in-game purchases and season pass NFTs, which act as "time capsules", allowing players to revisit exclusive content from past seasons. With each season in Warped Universe serving as a self-contained story arc, these season passes aren’t just NFTs—they’re gateways to the game’s evolving history, creating lasting value and enhancing player ownership.

Kiosk: Marketplace Re-Imagined

Kiosk is a decentralized system designed for commerce applications on the Sui network, similar to traditional markets where vendors sell goods or services from small, standalone booths. Just like in those markets, where individual sellers operate their own kiosks, owning the products on display and managing their own sales, with Kiosk, shared objects are owned by individual parties who store assets and may list them for sale as well as utilizing custom trading functionality, such as royalties and the ability to rent assets.

Walrus: Re-Defining Digital Ownership in Warped Universe

As Warped Universe expands, decentralized storage will play a crucial role in ensuring the authenticity and accessibility of in-game assets. Mysten Labs’ Walrus protocol is set to support this need, providing a secure and efficient way to store raw data and media files—such as images, audio, video, and other game assets—at low cost without compromising performance. Unlike traditional NFTs, which often store metadata off-chain on platforms like IPFS or AWS, Walrus enables both the NFT and its metadata to be stored in a decentralized manner. This integration introduces new ways for players in Warped Universe to experience genuine ownership of their digital assets, giving them the ability to store in-game captures or statistics, and creating a more immersive and reliable player-driven experience.

High Performance, Scalability, and Environmental Responsibility

In Warped Universe, players aren’t just playing a game; they’re building and defending entire solar systems each season, with their achievements and digital assets minted and transacted on-chain in the background. This model requires a blockchain capable of handling high transaction volumes both efficiently and affordably. Sui’s high throughput and low transaction costs make this possible, providing fast, cost-effective, and seamless on-chain transactions that support a robust gaming economy.

Sui also prioritizes environmental sustainability by using a delegated proof-of-stake (DPoS) consensus model rather than energy-intensive proof-of-work. With its efficient Directed Acyclic Graph (DAG) architecture, Sui can process large transaction volumes with minimal environmental impact—aligning perfectly with Warped Games’ vision of a sustainable, responsible gaming ecosystem.

“With Sui, we can create an immersive, evolving on-chain gaming ecosystem where players can own, modify, and evolve assets without compromising the gaming experience,” said Adam Straney, Managing Director at Warped Games. “This approach lets us build an interconnected universe on a blockchain that’s fast, scalable, and environmentally responsible, supporting our vision of an accessible, seamless player-owned economy. Gamers can focus on having fun, with blockchain as a supportive tool rather than the centerpiece."

Looking Ahead with Warped Universe and Sui

Currently, the blockchain element in Warped Universe is the $WARPED token, an ERC-20 token designed to give holders a voice in game design, seasonal voting, discounts, potential rewards, and exclusives. While specific plans for the token’s future are yet to be announced, the Warped Universe team is committed to keeping current holders top of mind as they explore expanding to the Sui blockchain. Plans for the WARPED token, on-chain assets, skins, seasonal passes, and other elements will be shared in due time—stay tuned for updates.

As Warped Universe continues to develop, the teams at Warped Games and Mysten Labs are dedicated to working closely together to explore practical blockchain integration in games, enhancing player ownership, scalability, and immersive gameplay. Together, through Warped Universe and the Sui blockchain, they’re building a unique, player-driven experience that showcases the future of blockchain gaming.

About Warped Games

Warped Games (https://warped.games/) is an indie game studio dedicated to creating immersive, player-driven gaming experiences with a focus on blockchain integration. Known for pushing the boundaries of web3 technology, the team behind Warped Games combines industry veterans from both gaming and tech to bring innovative worlds like Warped Universe to life.

About Mysten Labs

Mysten Labs is a technology company focused on advancing blockchain infrastructure to support next-generation applications. Founded by experts in distributed systems, Mysten Labs developed the Sui blockchain, a high-performance, user-friendly platform designed to make blockchain technology accessible and scalable for mainstream audiences.

This article was written by FL Contributors at www.forexlive.com.




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The argument for a near-term Reserve Bank of Australia interest rate cut remains very thin

ING remarks after the wages data from Australia earlier:

ING says that year-on-year wage growth slowing to 3.5% is a step in the right direction for the Reserve Bank of Australia (RBA) to consider rate cuts.

However, ING notes this deceleration alone isn’t enough for the RBA to rule out any upside risks to interest rates.

Despite the softer data, ING believes a case for a near-term rate cut remains weak, predicting the earliest possible easing from the RBA could come in the first quarter of 2025.

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I suspect even Q1 is too early. The RBA next meet on December 9 - 10, where on hold is expected.

This article was written by Eamonn Sheridan at www.forexlive.com.




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ECB's Nagel: Core inflation rate is still quite high

  • There are still noticeable price pressures, especially in services sector
  • Trump's tariffs may cause German economy to contract
  • If tariffs come into effect, it could cost Germany 1% in economic output

And therein lies the dilemma for the ECB heading into next year I guess. The good news is that the disinflation process is still progressing, albeit with a few bumps along the way. All else being equal, the argument for further rate cuts should hold heading into 2025.

This article was written by Justin Low at www.forexlive.com.




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NAB Leadership Foundation Calls for 2021 Celebration of Service to America Awards Entries




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PILOT Awards 2021 Media Technology and Innovation Scholarships




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NAB Statement on Supreme Court Decision on Review of Media Ownership Ruling




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NAB Announces Leadership Transition

Washington, D.C. -- National Association of Broadcasters President and CEO Gordon H. Smith announced today his plans to transition to an advisory and advocacy role effective Dec. 31, 2021. The organization’s Chief Operating Officer Curtis LeGeyt has been named the next president and CEO of NAB effective Jan. 1, 2022.




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NAB Statement on FCC Order Regarding Foreign Sponsorship ID Rules

WASHINGTON, DC -- In response to the Federal Communications Commission’s (FCC) adoption of new rules mandating disclosures for foreign government-sponsored programming, the following statement can be attributed to NAB Senior Vice President of Communications Ann Marie Cumming:




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NAB Leadership Foundation Announces 2021 Technology Ambassador Program Graduates




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NAB Leadership Foundation Announces 2021 Celebration of Service to America Awards Finalists

WASHINGTON, DC -- The National Association of Broadcasters Leadership Foundation announced today the finalists for the 2021 Celebration of Service to America Awards, recognizing outstanding community service by local broadcasters. One winner from each category will be announced during the Celebration of Service to America Awards program.




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NAB President and CEO Gordon Smith Delivers Remarks at State Leadership Conference

WASHINGTON, D.C. – National Association of Broadcasters (NAB) President and CEO Gordon Smith delivered remarks today at NAB's State Leadership Conference. The annual gathering of 500 radio and TV station owners and executives from all 50 states is designed to educate the broadcast industry to advocate on relevant legislative and regulatory issues. This year’s conference is a virtual-only event.




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NAB Leadership Foundation Announces 2020 Broadcast Leadership Training Graduates




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Registration Opens for Highly Anticipated In-Person 2021 NAB Show and Co-located Events




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NAB to Present Engineering Achievement and Digital Leadership Awards at NAB Amplify Event




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‘All Things Considered’ to Be Inducted Into NAB Broadcasting Hall of Fame




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Lin-Manuel Miranda to Receive NAB Leadership Foundation Service to America Leadership Award




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NAB Leadership Foundation to Honor Procter & Gamble With Corporate Leadership Award