ey Beyond Beverage Packaging: Exploring the Versatility of Aluminum Packaging By www.packagingstrategies.com Published On :: Thu, 01 Aug 2024 00:00:00 -0400 When we hear "cans" and "aluminum," we usually think of beverage packaging. But cans and aluminum have various packaging roles. Here are three cases for their use. Full Article
ey Researchers Invent 100% Biodegradable 'Barley Plastic' Suitable for Food Packaging By www.packagingstrategies.com Published On :: Mon, 01 Jul 2024 00:00:20 -0400 A biofriendly new material made from barley starch blended with fiber from sugar-beet waste sees the light of day at the University of Copenhagen – a strong material that turns into compost should it end up in nature. Full Article
ey McLaren Packaging Rolls Out Recyclable Whiskey Tubes to Tackle Waste By www.packagingstrategies.com Published On :: Thu, 18 Jul 2024 00:00:45 -0400 Innovation addresses a challenge of the presentation tubes that are synonymous with whiskey: Most tubes cannot be easily recycled even though they are made of two of the most widely recycled materials – metal and card. Full Article
ey Beyond the Headlines at PACK EXPO Las Vegas By www.packagingstrategies.com Published On :: Sun, 01 Oct 2023 00:00:00 -0400 Meeting face-to-face with packaging leaders and innovators at PACK EXPO Las Vegas provided valuable context and nuance that official news releases don’t offer. Full Article
ey Sustainability Beyond the Carton: Caps & Straws By www.packagingstrategies.com Published On :: Mon, 24 Jun 2024 00:00:00 -0400 Babitha George, a representative from Tetra Pak, delves into the topic of driving progress toward a sustainable future by introducing innovative designs for straws and caps. Full Article
ey Packaging Methodologies for a Record-Breaking Holiday Season and Beyond By www.packagingstrategies.com Published On :: Mon, 14 Dec 2020 07:00:00 -0500 It’s no secret that 2020 has been a year like no other. As the coronavirus pandemic swept across the globe, Americans had to adjust to a new reality: wearing masks, social distancing and staying home as much as possible. Full Article
ey 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
ey Several Key Developments Have Taken Place When it Comes to Palletizing By www.packagingstrategies.com Published On :: Wed, 24 Jan 2024 00:00:00 -0500 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. Full Article
ey ORBIS Launches 40x48 Odyssey® 3-Runner Pallet to Improve Handling Efficiency By www.packagingstrategies.com Published On :: Thu, 07 Mar 2024 00:00:00 -0500 New rackable pallet supports heavy loads, provides load stability and features unique design qualities to streamline operations. Full Article
ey Metered Servo Merge Conveyor Helps to Transport Packaged Food By www.packagingstrategies.com Published On :: Wed, 22 Jul 2020 00:00:00 -0400 The metering conveyor, by Multi-Conveyor, feeds a series of servo belt conveyors to gap two lanes of product into a single lane flow using DARB technology. Full Article
ey Flexicon Introduces Base Model Flexible Screw Conveyor By www.packagingstrategies.com Published On :: Wed, 12 Aug 2020 00:00:00 -0400 The only moving part contacting material is the inner screw, which self-centers as it rotates, providing ample space between the screw and tube wall to minimize or eliminate grinding. Full Article
ey Boost Profit by Gentle Conveying Without Air By www.packagingstrategies.com Published On :: Wed, 27 Jan 2021 07:00:00 -0500 Tubular cable conveyors can adapt to packaging needs while reducing product damage, energy use, noise and maintenance. Full Article
ey Piab’s Vacuum Conveying Changeover Champion By www.packagingstrategies.com Published On :: Wed, 17 Feb 2021 07:00:00 -0500 Machine learning in the new, unique piFLOW p SMART aims to take vacuum conveying to a new level. Full Article
ey 10 Things You May Not Know About Conveyor Construction By www.packagingstrategies.com Published On :: Mon, 15 Mar 2021 00:00:00 -0400 A conveyor is the critical lifeline that keeps your production moving — just like the veins in your body. It is just as vital to know the system you’re purchasing will meet or exceed your requirements, that it is built for longevity and that it can withstand the environment of your operation — perhaps even saving an expensive retrofit afterward. Full Article
ey Selecting the Right Sanitary Conveyor Platform for Food Packaging Application By www.packagingstrategies.com Published On :: Tue, 08 Mar 2022 09:00:00 -0500 Regulatory legislation such as the Food Safety Modernization Act (FSMA) has been the driving force behind food manufacturers and packagers taking a closer look at their conveyor systems to ensure compliance and hygienic standards are making the grade. Full Article
ey Key Technology Introduces New Conveying Systems for Robotic Pick-and-Place Packaging By www.packagingstrategies.com Published On :: Thu, 12 Oct 2023 13:07:58 -0400 Key manufactures conveyors and other equipment in both the U.S. and Europe, supports customers worldwide through its extensive sales and SupportPro service network and offers integration services, from pre-engineering to line start-up. Full Article
ey Expert Article: Conveying Solutions that Keep Packaging Lines Moving By www.packagingstrategies.com Published On :: Fri, 17 Nov 2023 07:00:00 -0500 No manufacturer can afford to stand idle, so one expert suggests several critical design considerations to keep in mind before deciding on a conveying solution. Full Article
ey ProMach acquires conveyor solutions provider Sentry Equipment & Erectors Inc. By www.packagingstrategies.com Published On :: Thu, 23 Nov 2023 00:00:00 -0500 In addition to its vast portfolio of conveyance solutions, Sentry manufactures a wide array of packaging equipment, including case and bulk palletizing, de-palletizing, and robotic systems. Full Article
ey Hygienic Improvements with Conveyors Allow Streamlined Packaging Process By www.packagingstrategies.com Published On :: Thu, 14 Dec 2023 00:00:00 -0500 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. Full Article
ey Cablevey Develops “Smart Cart” to Make CIP Practices Easier for Tubular Drag Conveyors By www.packagingstrategies.com Published On :: Thu, 14 Dec 2023 00:00:00 -0500 Although the CIP process is very effective, streamlining its automation and simplifying the process for all of a facility’s tubular drag conveyors has been a priority for leading innovators in the industry. Full Article
ey Dorner and Garvey Showcase the AquaGard GT Conveyor at PACK EXPO Las Vegas By www.packagingstrategies.com Published On :: Thu, 14 Dec 2023 00:00:00 -0500 Dorner and Garvey, both Columbus McKinnon brands, recently showcased the AquaGard GT Conveyor at PACK EXPO Las Vegas. Full Article
ey Multi-Conveyor Helps Start-Up Distillery Transport Products Using Several Technologies By www.packagingstrategies.com Published On :: Tue, 05 Mar 2024 13:59:31 -0500 A variety of conveyor technologies were implemented to smoothly transport beverage cans between different processing machines in the line. Full Article
ey Emmepi Group Completes Acquisition of Avanti Conveyors By www.packagingstrategies.com Published On :: Wed, 24 Jul 2024 14:52:19 -0400 Emmepi Group says the objective of the acquisition is to further increase its geographic manufacturing footprint, enhancing its ability to offer a totally integrated solution, aligning with the demands of customers globally. Full Article
ey PODCAST | Conveyor Belting Needs in the Face of Industry 5.0 By www.packagingstrategies.com Published On :: Thu, 17 Oct 2024 00:00:00 -0400 In this interview, Niels van den Boogert and Bobby Bauman of AMMEGA discuss CPG firms’ evolving conveyor needs as warehouses and distribution centers become increasingly automated. Full Article
ey 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
ey SideDrive Conveyor Co. Launches to Solve Sanitary and Gentle Handling Challenges By www.packagingstrategies.com Published On :: Tue, 05 Jan 2021 00:00:00 -0500 SideDrive Conveyor provides sanitary spiral and long-run transferless conveyors for virtually any application. Full Article
ey Eyeing sustainability, XSYS launches nyloflex® eco flexo plate series By www.packagingstrategies.com Published On :: Tue, 21 May 2024 00:00:00 -0400 By introducing the series, XSYS provides a unique and new approach to printing plates using renewable raw materials as part of the plate formulation. Furthermore, the plates can be processed 20% faster, leading to time and energy savings. Full Article
ey Coding and Printing: From Improved Recycling to Catching the Consumer’s Eye By www.packagingstrategies.com Published On :: Thu, 19 Sep 2024 00:00:00 -0400 Companies like Digimarc, Wipak, Inovar and Domino are demonstrating how advancements in coding, marking and printing are facilitating recycling efforts, lowering costs for brand managers, making it easier to hire qualified equipment operators, and more. Full Article
ey Key, Elizabeth (fl. 1655–1660) By www.encyclopediavirginia.org Published On :: Wed, 16 Dec 2020 09:16:43 EST Elizabeth Key was a principal in one of the important early court cases that shaped the evolving law of slavery in seventeenth-century Virginia. Born to a mother of African descent and her white owner, Thomas Key, she was transferred to another owner in 1636 for a designated period of nine years. She remained in service for well beyond that period, marrying a white man in the meantime and converting to Christianity. Upon the death of a third owner, Key sued for her freedom, citing the 1636 agreement. She won in Northumberland County but the General Court overturned the ruling. Key appealed to the General Assembly, which found that the status of the father determined the status of the child, that her faith supported her freedom, and that she deserved to be free. The county court subsequently freed her with compensation. In 1662, perhaps a result of the case, the General Assembly passed a law making the status of a child dependent on the mother and not the father. The next year, the assembly passed another law specifying that an enslaved person's conversion to Christianity did not confer freedom on that person.Wed, 16 Dec 2020 09:16:43 EST Full Article
ey Filling The Labour Gaps The Key To A Thriving Tourism Industry In Canada By destinationsinternational.org Published On :: Wed, 30 Oct 2024 15:35:42 +0000 Filling The Labour Gaps The Key To A Thriving Tourism Industry In Canada jhammond@desti… Wed, 10/30/2024 - 15:35 Image Off At a time when Canadian youth, newcomers, and members of underrepresented communities face record levels of unemployment, our sector is presented with a unique opportunity. We have a chance to transform our workforce, improve the quality of life of every Canadian, and make a positive impact that goes beyond an economic contribution. We must promote the rewarding and long-term career paths the tourism sector provides to attract and retain the next generation of Canada’s talented workforce. Nik Mills 4 min read October 30, 2024 Tourism is, at its core, about people. It’s powered by the connections we make, the stories we share, and the experiences we create together. From the dedicated hospitality workers who welcome travellers with warmth, to the local artisans and guides who bring our culture to life, it’s the people behind the scenes who truly make tourism thrive. Every journey is enriched by the unique contributions of individuals who are passionate about showcasing their communities and welcoming visitors from around the world. Employment in the tourism sector remains lower than it was before the pandemic. According to the most recent annual data, employment levels for several advanced career positions in tourism and hospitality are dramatically lower than in 2019. Air traffic controllers are down 33 per cent, executive housekeepers and hospitality workers are down 31 per cent, and for conference and event planners, employment is down 19 per cent. At a time when Canadian youth, newcomers, and members of underrepresented communities face record levels of unemployment, our sector is presented with a unique opportunity. We have a chance to transform our workforce, improve the quality of life of every Canadian, and make a positive impact that goes beyond an economic contribution. We must promote the rewarding and long-term career paths the tourism sector provides to attract and retain the next generation of Canada’s talented workforce. As an industry, we must plug the gaps that hamper productivity and threaten to damage Canada’s reputation as a tourism destination. Strategic public investment is required to promote tourism as a vocation and enhance its labour force with talent. This is best achieved through meaningful partnerships—not only within our sector but with the federal government. These partnerships will be the cornerstone of our industry’s success. To this end, TIAC is working with Restaurants Canada, the Hotel Association of Canada, and Tourism HR Canada to call on the federal government to fund a national marketing campaign through a three-year, $5-million investment. This campaign promotes tourism as a career among young Canadians. It builds on the work that THRC has initiated with its Discover Tourism program, which provides valuable career planning, curriculum, and HR tools to job seekers, employers, and educators. The logic underpinning this program presupposes that today’s youth are unaware of the career possibilities the tourism industry presents and the satisfaction that comes from showcasing Canada to its visitors. Nascent workers, read about the Discover Tourism program and take advantage of the resources available to you. Careers in tourism are varied and fulfilling; your perusal of these programs could lead you to your dream job. While we build our future workforce, we must leverage existing industry supports and government programs such as THRC’s Ready to Work program, which helps businesses recruit job seekers and integrate newcomers into a career in tourism. Its internships—a composite of in-class education and workplace training—facilitate job-readiness and career planning. Over the years, it has provided under-represented communities with career options and growth opportunities in the tourism sector by providing them access to certification programs (e.g., WHMIS, CPR, responsible alcohol service) that will open up new pathways in their pursuit of employment. The Economic Mobility Pathways Pilot is an express-entry program that pairs employers with skilled newcomers, asylum seekers, and refugees to Canada. Such opportunities enable these individuals to flourish and ensure their new lives an auspicious start. It also makes available to employers qualified candidates whose background and education could provide unique skillsets and perspectives. Even without a firm job offer, talented refugees may nevertheless gain entry into Canada and begin their new life, with employment opportunities coming as they settle into the country. Tourism operators suffering from the labour gap are encouraged to take advantage of this program that is mutually beneficial for themselves and those skilled workers who hope to call Canada home. As global demand for tourism rises, Canada must remain a top-tier destination. To do so, the fundamental needs of the sector must be met for it to thrive in the years ahead. By investing in our people and forging strong and reliable partnerships, we can ensure that Canada’s tourism industry does not just survive, but truly flourishes. Together, we can build a future that benefits our economy, our communities, and everyone involved in this wonderful sector. About the Author Nik Mills Director, Policy & Government Affairs, Tourism Industry Association of Canada As Director, Policy and Government Affairs with the Tourism Industry Association of Canada, Nik develops policy, research and government relations initiatives that support TIAC’s vision to lead the Canadian tourism industry to be one of the most competitive in the world. With extensive experience in the industry, Nik has successfully led advocacy-based consulting projects supporting job creation and economic recovery strategies for various tourism organizations. Nik studied political economy, communications, and innovation policy at Toronto Metropolitan University, York University, and the University of New Brunswick. chevron_right More from this Author Submit Your Thought Leadership Share your thought leadership with the Destinations International team! Learn how to submit a case study, blog or other piece of content to DI. 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About the Author Nik Mills Director, Policy & Government Affairs, Tourism Industry Association of Canada As Director, Policy and Government Affairs with the Tourism Industry Association of Canada, Nik develops policy, research and government relations initiatives that support TIAC’s vision to lead the Canadian tourism industry to be one of the most competitive in the world. With extensive experience in the industry, Nik has successfully led advocacy-based consulting projects supporting job creation and economic recovery strategies for various tourism organizations. Nik studied political economy, communications, and innovation policy at Toronto Metropolitan University, York University, and the University of New Brunswick. chevron_right More from this Author
ey NY Fed Perli says there's been more friction in money mkts lately, repo rate rise orderly By www.forexlive.com Published On :: Tue, 12 Nov 2024 21:34:24 GMT The New York Federal Reserve branch's Roberto Perli is manager of the Fed’s System Open Market Account (SOMA).Recent quarter-end money market volatility not historically large.Still strong evidence reserve levels remain abundant.No imminent signs of issues for Fed to implement monetary policy.Recent quarter-end pressure was contained.Slow rise in repo rates has been orderly.Standing repo facility stands ready to provide liquidity.Notes there’s been more friction in money markets lately.---The Federal Reserve’s System Open Market Account (SOMA) is the central portfolio used by the Federal Reserve to conduct monetary policy. It holds the securities that the Fed buys and sells through open market operations, primarily U.S. Treasury securities, agency debt, and mortgage-backed securities. SOMA is a key tool for influencing short-term interest rates and managing the money supply. By adjusting the size and composition of this portfolio, the Fed can influence liquidity, credit conditions, and the overall stance of monetary policy in the economy.In addition to domestic assets, SOMA also holds foreign currency assets, allowing the Fed to participate in foreign exchange markets when necessary. The New York Federal Reserve Bank manages SOMA on behalf of the entire Federal Reserve System. This article was written by Eamonn Sheridan at www.forexlive.com. Full Article Central Banks
ey Gold futures is playing with fire with this key support ???? By www.forexlive.com Published On :: Mon, 11 Nov 2024 16:39:42 GMT 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. Full Article Technical Analysis
ey Gold sellers keep selling, but approaching a key target By www.forexlive.com Published On :: Mon, 11 Nov 2024 19:40:29 GMT 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. Full Article Technical Analysis
ey Natural gas: Eyeing extreme dip buying levels for generational gains. By www.forexlive.com Published On :: Tue, 12 Nov 2024 14:41:52 GMT Hello, this is Itai Levitan at ForexLive.com. Today, I’m diving into Natural Gas Futures (NG), which are trading around 2.92 as of yesterday's close. This analysis will be relevant to those of you looking at CFDs, futures themselves, or stocks related to natural gas. Here’s a detailed view of my approach:Natural Gas Futures OverviewCurrently, we’re seeing Natural Gas Futures in a significant channel on the weekly time frame. There’s potential for a bullish breakout from a large bull flag formation, highlighted by the recent piercing through the upper edge of this channel. However, we’re still in uncertain territory—it’s possible the price may reverse back down, retesting the flag before making any decisive move.Dip Buying Extreme TargetingI’m looking closely at the potential for an extreme dip buying opportunity in natural gas. When I say “extreme dip buying,” I’m talking about setting up a longer-term, strategic plan that goes beyond typical levels. Instead of just waiting for an undefined "deep drop," I'm identifying specific price levels that could offer remarkable buying opportunities if the market hits them.Long-Term Support Levels to WatchHere’s what I'm focusing on for a deeper dip buy:1.612 (Low of 2016) – This level may present an attractive medium-term long position, suitable for swing trades.1.44 (Low of 2020) – Similar to 1.612, this level could offer a profitable swing opportunity, though not necessarily for a prolonged hold.While these are appealing points for shorter-term trades, I recommend partial profit-taking here to mitigate risk if the price reverses sharply.Generational Low Opportunity at 1.25For the patient, long-term investors, my primary area of interest lies around 1.25—the historic low from 1995, nearly 30 years ago. This level represents a “generational low,” providing a triple layer of support:The lower bound of the channel.The major, longer-term channel trendline.The historic 1.25 support level from 1995.If natural gas reaches this area, it could be a highly attractive long-term buy. I suggest setting several buy orders around 1.25 to capture a position here and holding for substantial potential upside. Patience will be key—having some trading capital reserved for this area could be a game-changing strategy.The Ultimate Extreme at 1.04If something drastic occurs and the price reaches 1.04, the all-time low from the 1990s, it would represent a multi-generational low. This level would likely attract significant buying interest from funds, institutions, and individual investors. Similar to the parity level we saw with EUR/USD, this psychological round number could spur major accumulation and serve as an unparalleled buying opportunity.Summary and Final Thoughts on Natural Gas and Exteme Dip BuyingIn summary:Stay Patient: This strategy involves waiting for rare, extreme dip-buying levels.Allocate Capital Strategically: Save some ammunition for these lower levels, where the upside potential is considerable.Monitor Support Levels Closely: Levels like 1.25 and 1.04 represent deeply discounted entry points that could yield long-term gains.Follow ForexLive.com for additional insights for investors and traders, and let’s keep an eye on these setups. Extreme opportunities don’t come often, so be prepared and thank me later! This article was written by Itai Levitan at www.forexlive.com. Full Article Technical Analysis
ey US CPI data due Wednesday, the ranges of estimates (& why they're crucial to know) By www.forexlive.com Published On :: Wed, 13 Nov 2024 03:39:37 GMT Later today, Wednesday, 13 November, we get the US consumer inflation data for October 2024 due at 1330 GMT, which is 0830 US Eastern timePreviews posted already:US CPI to be released tomorrow at 8:30 AM. Expectations are for 0.2% MoMUS CPI data due Wednesday - possible upside surprise.US inflation data this week expected to show core CPI moving sideways - risk ahead higherOK, what to expect. This snapshot from the ForexLive economic data calendar, access it here.Taking a look at the range of expectations compared to the median consensus (the 'expected' in the screenshot above) for the key data points:CPI Headline y/y, expected 2.6% with the range showing:2.3% - 2.7%CPI Headline m/m expected 0.2% with the range showing:0.1 to 0.3%CPI excluding food and energy (the core rate of inflation) y/y expected 3.3% with the range showing:3.2 - 3.4%CPI excluding food and energy (the core rate of inflation) m/m expected 0.3% with the range showing:0.2 to 0.4%***Why is knowledge of such ranges important?Data results that fall outside of market low and high expectations tend to move markets more significantly for several reasons:Surprise Factor: Markets often price in expectations based on forecasts and previous trends. When data significantly deviates from these expectations, it creates a surprise effect. This can lead to rapid revaluation of assets as investors and traders reassess their positions based on the new information.Psychological Impact: Investors and traders are influenced by psychological factors. Extreme data points can evoke strong emotional reactions, leading to overreactions in the market. This can amplify market movements, especially in the short term.Risk Reassessment: Unexpected data can lead to a reassessment of risk. If data significantly underperforms or outperforms expectations, it can change the perceived risk of certain investments. For instance, better-than-expected economic data may reduce the perceived risk of investing in equities, leading to a market rally.Triggering of Automated Trading: In today’s markets, a significant portion of trading is done by algorithms. These automated systems often have pre-set conditions or thresholds that, when triggered by unexpected data, can lead to large-scale buying or selling.Impact on Monetary and Fiscal Policies: Data that is significantly off from expectations can influence the policies of central banks and governments. For example, in the case of the inflation data due today, weaker than expected will fuel speculation of nearer and larger Federal Open Market Committee (FOMC) rate cuts. A stronger (i.e. higher) CPI report will diminish such expectations. the December meeting is in focus right now.Liquidity and Market Depth: In some cases, extreme data points can affect market liquidity. If the data is unexpected enough, it might lead to a temporary imbalance in buyers and sellers, causing larger market moves until a new equilibrium is found.Chain Reactions and Correlations: Financial markets are interconnected. A significant move in one market or asset class due to unexpected data can lead to correlated moves in other markets, amplifying the overall market impact. This article was written by Eamonn Sheridan at www.forexlive.com. Full Article News
ey EURUSD Technical Analysis – The price is at a key level ahead of the US CPI By www.forexlive.com Published On :: Wed, 13 Nov 2024 09:56:52 GMT Fundamental OverviewThe puzzling weakness in the US Dollar following Trump’s victory looks more and more like it was just a “sell the fact” reaction. The greenback is now back in the driving seat, and we might have also seen some pre-positioning in the past couple of days into a potentially hot US CPI report today.At the latest Fed’s decision, Fed Chair Powell said that they expect bumps on inflation and that one or two bad data months on inflation won’t change the process. This keeps the 25 bps cut in December in place even if we get higher inflation readings.The market though is forward-looking, and the rise in Treasury yields showed that the market sees risks to the inflation outlook. Moreover, the red sweep could increase those fears if the progress on inflation stalls, or worse, reverses. The market might have already assigned some premium to a higher than expected print, so there's some risk of a short-term "sell the fact" reaction on a higher than expected number.It goes without saying that a bigger than expected upside surprise should see the momentum increasing immediately with the US Dollar likely rallying across the board and Treasury yields shooting higher. On the other hand, a soft print will likely see the US Dollar and Treasury yields falling, although one can argue that it's just going to provide a pullback to go long the US Dollar and short bonds again at even better levels as future conditions will likely see inflation getting stuck above the target or even moving back higher.EURUSD Technical Analysis – Daily TimeframeOn the daily chart, we can see that EURUSD broke through the key support zone around the 1.0777 following the Trump’s victor, retested it and eventually continued lower. We are now testing another key level at 1.06 handle, and this is where the buyers are stepping in with a defined risk below the level to position for a rally back into the 1.0777 level. The sellers, on the other hand, will want to see the price breaking lower to increase the bearish bets into the 1.05 handle next.EURUSD Technical Analysis – 4 hour TimeframeOn the 4 hour chart, we can see that we have a downward trendline defining the current bearish momentum. We can expect the sellers to lean on it to position for the break below the 1.06 handle, while the buyers will look for a break higher to increase the bullish bets into the 1.0777 level. EURUSD Technical Analysis – 1 hour TimeframeOn the 1 hour chart, we can see that we have a minor resistance zone around the 1.0630 level where we have the trendline for confluence. This is where the sellers are likely to step in with a defined risk above the trendline to position for the break below the 1.06 handle. The buyers, on the other hand, will look for a break higher to increase the bullish bets into the 1.0777 level. The red lines define the average daily range for today. Upcoming CatalystsToday, we have the US CPI report. Tomorrow, 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. Full Article Technical Analysis
ey NAB Announces Dates for 2021 Key Broadcaster Events at NAB Show By www.nab.org Published On :: 18 Feb 2021 00:00:00 EST Full Article
ey NAB Statement on RTDNA Survey Regarding Newsroom Safety By www.nab.org Published On :: 28 Apr 2021 00:00:00 EST WASHINGTON, DC -- In response to a survey by the Radio Television Digital News Association (RTDNA) on broadcast newsrooms and media safety, the following statement can be attributed to NAB President and CEO Gordon Smith: Full Article
ey Caroline Beasley Named 2021 National Radio Award Recipient By www.nab.org Published On :: 24 May 2021 00:00:00 EST Full Article
ey NAB Statement on Passing of George Beasley By www.nab.org Published On :: 2 Jun 2021 00:00:00 EST Washington, D.C. -- In response to the passing of Beasley Media Group Founder and Executive Chairman of the Board George Beasley at age 89, the following statement can be attributed to NAB President and CEO Gordon Smith: Full Article
ey Futurist and Renowned Author Rishad Tobaccowala to Keynote Radio Show Session on Transformation By www.nab.org Published On :: 8 Jun 2021 00:00:00 EST Full Article
ey Curtis LeGeyt Assumes President and CEO Position at NAB By www.nab.org Published On :: 3 Jan 2022 00:00:00 EST Curtis LeGeyt has assumed the president and chief executive officer position at the National Association of Broadcasters (NAB), effective January 1. LeGeyt takes the helm after a 12-year run by former Oregon Senator Gordon Smith, who has transitioned to an advisory and advocacy role with NAB. Full Article
ey New NAB President and CEO Curtis LeGeyt Shares Vision and Outlook for Broadcasting in Town Hall By www.nab.org Published On :: 20 Jan 2022 00:00:00 EST 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. Full Article
ey Testimony of Joel Oxley at Congressional Hearing on Journalism Competition and Preservation Act By www.nab.org Published On :: 2 Feb 2022 00:00:00 EST WASHINGTON, D.C. – Hubbard Broadcasting Senior Vice President and General Manager Joel Oxley testified today before the Senate Judiciary Committee's Subcommittee on Competition Policy, Antitrust, and Consumer Rights at a hearing titled "Breaking the News – Journalism, Competition, and the Effects of Market Power on a Free Press." Full Article
ey Testimony of Curtis LeGeyt at Congressional Hearing on Performance Royalty on Broadcast Radio By www.nab.org Published On :: 2 Feb 2022 00:00:00 EST WASHINGTON, D.C. – NAB President and CEO Curtis LeGeyt testified today before the House Judiciary Committee at a hearing on imposing a performance royalty on local radio stations for music airplay. Full Article
ey Curtis LeGeyt Speech at Media Institute Communications Forum Luncheon By www.nab.org Published On :: 15 Feb 2022 00:00:00 EST WASHINGTON, D.C. – National Association of Broadcasters President and CEO Curtis LeGeyt was the featured speaker at The Media Institute’s Communications Forum luncheon today. Full Article
ey Curtis LeGeyt Delivers State of the Industry Address at 2022 NAB Show By www.nab.org Published On :: 25 Apr 2022 00:00:00 EST Las Vegas, Nev. -- National Association of Broadcasters (NAB) President and CEO Curtis LeGeyt delivered his inaugural State of the Industry address during the 2022 NAB Show. Full Article
ey Award-Winning Producer Evan Shapiro to Keynote 2022 NAB Show New York Opening By www.nab.org Published On :: 11 Aug 2022 00:00:00 EST Washington, D.C. – Award-winning film producer and industry thought leader Evan Shapiro will keynote the 2022 NAB Show New York opening event on Wednesday, October 19 at 10:30 a.m. at the Javits Center. In his keynote address titled, “Bringing Media Into the Current Century, Now,” Shapiro’s notoriously interactive presentation will engage NAB Show New York attendees in examining the shifts occurring in today’s media landscape. Full Article
ey Keynote Sessions and Networking Events Take Center Stage at NAB Show New York By www.nab.org Published On :: 20 Sep 2022 00:00:00 EST Washington, D.C. – A strong lineup of keynote sessions, insightful conversations and award ceremonies is confirmed for NAB Show New York’s Content Theater. Located within the Experiential Zone on the show floor, the Content Theater will serve as the event’s main hub for collaboration and education October 19-20, 2022 at the Javits Center. Full Article
ey Ashley Nicole Black to Moderate 'A Conversation With Brett Goldstein' on NAB Show Main Stage By www.nab.org Published On :: 10 Apr 2023 00:00:00 EST Washington, D.C. -- NAB Show today announced that two-time Emmy-award winning writer, actress and comedian Ashley Nicole Black will moderate a fireside chat with actor, writer, producer and all-around multihyphenate Brett Goldstein. In "A Conversation with Brett Goldstein," on the NAB Show Main Stage Monday, April 17, at 4 p.m., Goldstein will discuss his multifaceted creative career, how he balances his various roles, and his process for creating compelling content. Full Article