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Sealstrip Launches Recyclable VerdeSeal

VerdeSeal is recyclable, proprietary pressure sensitive tape technology with FDA food compliance.




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RRD to Debut New Single Pass Digital Press, Other Solutions at PACK EXPO Las Vegas

The state-of-the-art technology combines the agility and speed of digital printing with exceptional print quality, a wide color spectrum and minimal energy consumption.




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Corrugated Packaging: An Extraordinary Recycling Success Story

Corrugated packaging is an increasingly noticeable part of daily life, especially with recent, explosive growth of e-commerce and home delivery services.




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Anti-Counterfeit Security Features For Paperboard Packaging

Global counterfeiting is rampant. In addition to the obvious health and safety risks, it wastes resources and reduces trust in product integrity.




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‘Every Can Counts’ Recycling Program Expands to the United States, Eyes Mardi Gras

The new U.S. chapter joins 20 Every Can Counts chapters across Europe, the United Arab Emirates, and Brazil.




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Trivium Wins PAC Global, WorldStar Awards for Budweiser World Cup Aluminum Bottles

Utilizing Budweiser’s vision, Trivium created a beer bottle that was both visually engaging and environmentally sustainable.




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Pentawards Launches Two New Subcategories Celebrating CBD Sector, Spirits Collections

Following the introduction of the Wine Collection subcategory in 2021, Pentawards started receiving inquiries about the possibility of a Spirits Collection option.




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Vault49 Launches 'Uniquely Bahamian' Design for Ricardo Rum's New RTD Line

Leading consumer groups and getting involved in taste tests during the product development phase, Vault49 uncovered what it really means to be ‘Uniquely Bahamian’




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Archer Roose, Cornell Revolutionize Canned Wine with Award-Winning Research

Study unveils groundbreaking solutions to key quality challenges, paving the way for future innovations related to canned wine.




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Third Annual BOPP Beer Design Conference Hits Chicago in September

Uniquely curated two-day event inspires and educates creatives in the beer and beverage space.




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Attitudes Toward Automation

Automation plays a huge and ever-growing role in the packaging industry. No surprise, then, that the July issue of Packaging Strategies featured a story on automation and controls (From Smart Valves to Smart Factories).




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Environmental Claims: A Double-Edged Sword for Brand Marketing

The regulatory landscape for environmental claims is becoming increasingly complex and inconsistent in the United States, presenting significant potential legal and reputational risks for brands attempting to market their packaging as environmentally friendly.




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Packaging Methodologies for a Record-Breaking Holiday Season and Beyond

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. 




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Duni Group Earns Bronze at Environmental Packaging Awards for Fiber Packaging Range

This accolade underscores Duni Group's commitment to innovative and sustainable packaging solutions, solidifying its position as one of the industry's most influential players.




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Product Stewardship Institute to Host Webinar on Building Reusable Packaging Systems

Participants will leave the webinar with recommendations that municipalities, businesses, and organizations can undertake to invest in reusable packaging systems in their communities.




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Colpac launches new line of paperboard food packaging

Stagione® Light showcases the iconic shape and roll top design of Colpac’s original range, while offering customers lighter products that are manufactured from one piece of paperboard.




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Greif Launches Recycled, Recyclable Barrier-Coated Paperboard for Food Industry

The coating is applied directly inline, eliminating the need for a separate offline coating process.




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Nature's Garden debuts new options for Yoggies line

New packaging options/flavor combinations were created to accommodate the needs/requests of convenience, warehouse, drug store and big box chains. 




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Packsize's X5 Erected Box System Named Finalist for 2023 MHI Innovation Award

The X5 is the world’s first fully-automated erected box system and the most advanced, flexible, efficient and sustainable platform available for the e-commerce industry.




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Tetra Pak, Lactogal cut carbon footprint of aseptic milk cartons by a third

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.




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PPC Announces Winners of 2024 North American Paperboard Packaging Competition

Winners included Smurfit Westrock’s PETCollar™ Shield Plus, a sustainable alternative to plastic in the multi-pack beverage segment.




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Wow Factor: 41 Winners of the German Packaging Award 2024

Awards were presented in the categories of Design, Functionality & Convenience, Logistics & Material Flow, Sustainability, and more. The awards are a precursor to the Gold Awards that will be announced in September.




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Dorner and Garvey Showcase the AquaGard GT Conveyor at PACK EXPO Las Vegas

Dorner and Garvey, both Columbus McKinnon brands, recently showcased the AquaGard GT Conveyor at PACK EXPO Las Vegas.




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Amcor Wins Two AmeriStar Awards

IoPP will showcase the winning packages at PACK EXPO Las Vegas, in IoPP booth C-1154 and the Showcase of Innovations, September 11 through 13, 2023. Amcor will also show the award-winning technologies in their exhibit, booth SU-7244.




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Verde Farms Unveils “Beef From A Better Place” Brand Redesign

The goal of the rebrand is to engage directly with health-conscious consumers as they increasingly seek high-quality and ethically sourced beef products. 




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

Created by PKG Brand Design, the new brand logo connects directly to the Bumble Bee company heritage.




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Velteko Offers Packaging Machines for Operations Requiring High Hygiene Standards

The VELTEKO WASHDOWN-360 vertical packaging machine can be used in operations with more stringent hygiene requirements as well as anywhere that liquids need to be packaged.




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Digitec Galaxus AG Orders 40 Workstations with Logivations Artificial Intelligence Software

Logivations W2MO uses neural networks running on a GPU, which can "learn" certain patterns so that goods can be automatically recognized, counted and/or measured.




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

Antares Vision Group systems are part of DIAMIND, the integrated ecosystem of solutions connecting physical products with digital identities.




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LEIBINGER's IQJET Industrial Printer Earns Gold German Innovation Award

The interdisciplinary expert jury of the German Design Council awarded IQJET in the category "Excellence in Business to Business: Machines & Engineering" with the Gold German Innovation Award.




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Domino customers celebrate ‘Best-in-Class’ designation at TLMI Awards Dinner

The TLMI Printing Excellence Awards celebrate outstanding printing and converting achievements in the North American Label and Packaging Industry.




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Vanguard Announces Partnership with American Print Consultants

Owned and operated by seasoned industry experts, APC boasts one of the largest teams of knowledgeable employees and support technicians of any graphics equipment distributor in the Northeast, Carolinas, Mid-Atlantic and Midwest.




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Sambo Corrugated Board Installs Koening & Bauer Rotary Die Cutter

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




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Letter from Alexander Hamilton to James Bayard (January 16, 1801)

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




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ICYMI - PBOC Governor warned on yuan slide, will 'guard against risk of overshoot'

Justin had the news from the People's Bank of China here:

PBOC 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 overshoot

With 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.




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Fed's Barkin: Fed in position to respond appropriately regardless of how economy evolves

Richmond Fed Pres. parking is speaking and says:

  • Fed is in position to respond appropriately regardless of how economy involves.
  • US economy looks pretty good
  • Labor market is resilient.
  • From here, labor market mighty be fine or may continue to weaken.
  • Inflation might be coming under control or might risk getting stuck above Fed 2% target.
  • Feds focus may turn to upside inflation risks or to downside employment risks, depending on how economy develops.

The market is pricing a 65% chance of a 25 basis point cut in December. That is down over the last week or so (it was in the high 70%s last week).

US yields are higher but off their highest levels:

  • 2-year 4.314%, +6.1 basis points
  • 5-year 4.269%, +7.6 basis points
  • 10-year 4.370%, +6.3 basis points
  • 30 year 4.516%, +3.7 basis points
This article was written by Greg Michalowski at www.forexlive.com.




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NY Fed Perli says there's been more friction in money mkts lately, repo rate rise orderly

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.




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S&P, Nasdaq and Dow close at new records. Russell 2000 closes just short of a new record

More records are reached today:

  • Dow industrial average closes over 44,000 for the first time ever
  • S&P index closes above the 6000 level the first time ever
  • NASDAQ index closes at a new record level as well

For the Russell 2000 it lasts record close was back on November 8, 2021 at 2442.21. The index closed at 2434.97 after reaching an intraday high of 2441.72 just short of the record closing level.

The final numbers are showing:

  • Dow industrial average +304.14 points or 0.69% at 44293.13
  • S&P index up 5.81 points or 0.10% at 6001.35
  • NASDAQ index is up 11.99 points or 0.06% at 19298.76
  • Russell 2000 up 35.33 points or 1.47% at 2434.97

For the Russell 2000, its high intraday level reached 2458.85 on November 10, 2021. For the year, the Russell 2000 is now up 20.12%. That has now surpassed a down industrial average gain of 17.52%.

The S&P index is now up 25.82% in 2024 while the NASDAQ index is up 28.56%.

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




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GBPUSD stretches toward 61.8% retracement

The USD is moving higher.

  • The EURUSD is against the 2024 low at 1.0600.
  • The USDJPY is trading to new highs and has entered into a swing area between 154.54 in 155.09. The high price last week reached 154.704 and is the next upside target.

For the GBPUSD it is trading to new lows and moving away from it's broken 200 day moving average at 1.28178 broken earlier today. A new low is being made as I type at 1.27347.

That low is just above the 61.8% retracement of the move up from the April 2024 low at 1.27322. Break below that retracement level and traders will be looking toward a swing area between 1.2665 and 1.2685 as seller add to their run to the downside.

If buyers lean against the retracement level and move higher, getting back above 1.2777 is needed for the buyers to have some comfort for more upside probing. Absent that and the sellers are more in control.

Ultimately, a move back above the 200-day moving average at 1.28178 is needed to scare the sellers into buying.

Sellers are pushing, but the 61.8% retracement is now in the way and being tested. Will profit takers enter here against the risk defining level or will the sellers make another push to the downside?

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




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US indices close lower on the day. No new records today.

The major US stock indices are all closing lower. No new records today.

The final numbers are showing:

  • Dow Industrial average -382.15 points or -0.86% at 43910.98
  • S&P -17.36 points or -0.29% and 5983.99.
  • NASDAQ index -17.36 points or -0.09% at 19281.40.

The small-cap was 2000 with a decline of -43.13 points or -1.77% at 2391.84.

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




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FP Markets Secures Three Major Honours at the Inaugural Finance Magnates Annual Award Gala

Australian-founded broker FP Markets further cemented its position as a market leader, winning ‘Most Trusted Broker - Global’, ‘Broker of the Year - Asia’, and ‘Fastest Growing Broker - LATAM’ at the inaugural Finance Magnates Annual Award (FMAA) Gala. The event was held on Wednesday, 23 October, at the Lemon Park Venue in Nicosia, Cyprus.

Powered by Amazon Web Services (AWS), the FMAAs ‘celebrate the highest levels of innovation and excellence across fintech, Forex, payments, and trading platforms’. The winners were determined through a dual process: online voting accessible to industry professionals and the global trading community, and a distinguished panel of judges. Notably, global multi-asset Forex and CFD broker FP Markets was the only company to take home three FMAAs on the night.

FP Markets’ Global Head of Marketing, Andria Phiniefs, commented: ‘Being nominated along with some of the industry’s biggest names is a tremendous honour in itself. Winning three awards through votes from the global trading community and industry stakeholders marks a significant accomplishment for our team. This recognition inspires us to continue to pursue our mission, which we embarked on nearly twenty years ago: to be the preferred and most trusted broker for traders worldwide’.

FP Markets continues to leverage opportunities beyond existing markets, while maintaining a consistent standard of product and service quality for its clients globally. As part of the broker’s twentieth anniversary next year, the investing community can also expect further trading technology advancements and updates.

About FP Markets:

● FP Markets is a Multi-Regulated Forex and CFD Broker with over 19 years of industry experience.

● The company offers highly competitive interbank Forex spreads starting from 0.0 pips.

● Traders can choose from leading powerful online trading platforms, including FP Markets’ Mobile App, MetaTrader 4, MetaTrader 5, WebTrader, cTrader, Iress and TradingView.

● The company's outstanding 24/7 multilingual customer service has been recognised by Investment Trends and awarded ‘The Highest Overall Client Satisfaction Award’ over five consecutive years.

● FP Markets was awarded ‘Best Value Broker - Global’ for six consecutive years (2019, 2020, 2021, 2022, 2023, 2024) at the Global Forex Awards.

● FP Markets was awarded the ‘Best Broker – Europe’ and the ‘Best Forex Partners Programme – Asia’ at the Global Forex Awards (2022, 2023, 2024).

● FP Markets was awarded ‘Best Trade Execution’, and ‘Most Trusted Broker’ and ‘Best Trade Execution’ at the Ultimate Fintech Awards in 2022 and 2023, respectively.

● FP Markets was crowned ‘Best CFD Broker - Africa’ at the 2023 FAME Awards.

● FP Markets was awarded ‘Best Trade Execution’ and ‘Most Transparent Broker’ at the Ultimate Fintech Awards APAC 2023.

● FP Markets was awarded the ‘Best Price Execution’ at the Brokersview Awards 2024, Singapore.

● FP Markets was awarded the ‘Best Trading Experience - Africa’ at the FAME Awards 2024.

● FP Markets was awarded ‘Most Transparent Broker’ and ‘Best Trading Conditions’ at the Global Ultimate Fintech Awards 2024.

● FP Markets was awarded ‘Best Forex Spreads APAC’ and ‘Best Trading Experience APAC’ at the 2024 Finance Magnates Pacific Summit.

● FP Markets regulatory presence includes the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) of South Africa, the Financial Services Commission (FSC) of Mauritius, the Cyprus Securities and Exchange Commission (CySEC), the Securities Commission of the Bahamas (SCB), and the Capital Markets Authority (CMA) of Kenya.

For more information on FP Markets' comprehensive range of products and services, visit https://www.fpmarkets.com/

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




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Xlence Sets New Standard in Online Trading

With its recent launch, Xlence is quickly positioning itself as a promising option in the online trading world. This new platform emphasizes transparency, education, and accessibility, aiming to make trading a simpler and more empowering experience for users.

In a recent announcement, Xlence laid out its mission to provide traders with a supportive and versatile environment, underpinned by advanced technology and a diverse selection of trading instruments. This approach shows a clear focus on catering to both experienced traders and newcomers, offering tools, resources, and tailored support.

A Wide Array of Trading Options to Suit All Investors

One of the company’s standout features is its broad range of trading options, which includes Forex, metals, indices, commodities, futures, and shares. With this variety, Xlence caters to traders looking to diversify their portfolios and explore different strategies, allowing them to adapt their trades according to shifting market conditions.

To support this flexibility, Xlence offers four unique account types—Essential, Prime, Deluxe, and Ultimate—each designed to suit different trading styles and levels of expertise. Through this segmentation, Xlence ensures that all traders, from beginners to seasoned investors, can access features aligned with their goals, trading preferences, and risk tolerance.

The platform also highlights its low spreads, flexible leverage, and fast trade execution, all critical features that give traders an edge in fast-paced markets. Xlence appears focused on streamlining the user experience, particularly when it comes to managing funds.

With a seamless approach to deposits and withdrawals, Xlence aims to make financial transactions straightforward, reflecting the platform’s commitment to providing a hassle-free and user-centered trading experience.

Emphasizing Education and Support for a Global Clientele

The broker’s emphasis on education and support reflects a strong understanding of what traders need to succeed. The platform offers a comprehensive suite of educational resources, designed to benefit both new and experienced traders.

These resources range from beginner-friendly tutorials to advanced insights into market trends and trading techniques. By providing traders with access to these learning tools, Xlence shows it understands that successful trading requires a continuous process of learning and skill development.

Beyond education, Xlence also offers extensive support to its users, showing a notable commitment to accessibility for traders worldwide. With customer service available in over 15 languages, the platform is well-prepared to assist a diverse client base.

This multilingual support underscores the broker’s global perspective, ensuring that traders from various backgrounds can find guidance in their preferred language, which can be especially valuable in navigating complex trading environments. The approach indicates Xlence’s awareness of the varied needs of its clients and highlights its focus on creating a trading environment where users feel valued and supported.

In a highly competitive online trading market, Xlence’s balanced approach to technology, user education, and support sets it apart. The platform’s attention to providing versatile trading options, combined with its dedication to education and global support, suggests that Xlence is well-positioned to become a trusted name in the industry.

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




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Celebrating the Success of Zircuit’s ZRC EigenLayer Fairdrop

Zircuit, the chain where innovation meets security, is thrilled to announce the success of its EIGEN Fairdrop initiative. With a first-of-its-kind distribution of 2% of ZRC tokens to eligible EIGEN holders, Zircuit has introduced a model of fairness and inclusivity in the Ethereum staking ecosystem, underscoring a commitment to decentralization and community empowerment.

The EIGEN Fairdrop, an industry first, provided equal shares to over 190,000 eligible EIGEN holders and moved away from traditional distribution models that often favor larger stakeholders. Within just the first week, over 51,000 users claimed their ZRC and this fair and community-first approach has garnered widespread appreciation across the crypto space.

The Fairdrop includes a wide range of contributors to the EigenLayer ecosystem, extending beyond EIGEN stakers to support Uniswap liquidity providers, EtherFi eEIGEN holders, and Renzo ezEIGEN holders.

Sreeram Kannan, Founder of EigenLayer, praised Zircuit’s approach, saying, “Thrilled to see Zircuit introducing the first Fairdrop for EIGEN holders with 2% of their ZRC tokens. This is an amazing community-first approach, embodying fairness in the EigenLayer ecosystem, with everyone receiving the same amount.”

The Fairdrop, an industry milestone, supports Zircuit’s vision of an inclusive Ethereum ecosystem and strengthens the EigenLayer network by recognizing all contributors. The initiative's snapshot, taken on October 8, 2024, at Ethereum Block #20919999, included wallets with a minimum of 3 EIGEN tokens while excluding core EigenLayer team members and investors, keeping the focus on the community.

Zircuit protects users from hacks through its built-in, automated AI techniques that guard against smart contract exploits and malicious actors. Bolstered by its strong security infrastructure, Zircuit is the central hub for restaked assets featuring unparalleled security and allowing users to potentially earn industry-leading yields natively. With $1.8 billion in Total Value Locked (TVL), Zircuit is the premier liquidity hub for restaked assets (ETH, BTC, LSTs, and LRTs) where users can receive stronger security guarantees and trust.

During Mainnet, users can bridge their assets and start staking to potentially earn rewards and airdrops from the Zircuit ecosystem at the Liquidity Hub.

About Zircuit

Zircuit (https://www.zircuit.com/) provides developers with advanced features and users with peace of mind. Built by a team of web3 security experts and PhDs, Zircuit merges high performance with unparalleled security, making it the safest choice for DeFi and staking

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




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NAB Statement on Passing of Richard Bates

WASHINGTON, D.C. – In response to the passing on Disney Senior Vice President of Government Relations Richard Bates, the following statement can be attributed to NAB President and CEO Gordon Smith:




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




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2021 NAB Crystal Radio Awards Entry Window Now Open




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Nominations Open for 2021 NAB Technology Awards




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NAB Appoints Three to NAB Board of Directors

WASHINGTON, D.C. – RaMona Alexander, vice president and general manager of WDBD, and Dan York, president and chief executive officer of Cox Media Group (CMG), were appointed to the NAB Television Board of Directors, and Rob Babin, senior vice president, head of radio for CMG, was appointed to the NAB Radio Board of Directors, effectively immediately. The appointments were made by NAB TV Board Chair Emily Barr and NAB Radio Board Chair Dave Santrella, respectively, in accordance with NAB bylaws.




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NAB Announces 2021 Crystal Radio Award Finalists




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Host Mario Lopez to Receive 2021 NAB Television Chairman’s Award