Allpax, a ProMach brand, recently delivered a new high-speed automated pouch loading and unloading system to a customer to feed an existing bank of Allpax retorts.

The reuse and refill tablets can help reduce plastic bottle waste. 

Nestlé Waters North America’s ReadyRefresh by Nestlé delivery service has expanded its beverage portfolio as part of ReadyRefresh’s mission to deliver healthy, convenient and great-tasting hydration to its customers. 

This innovative solution reduces the carbon footprint of the packaging by 38% and marks a stride in environmental stewardship by eliminating the use of polyvinyl chloride (PVC) in their portfolio.

The growing need from pharmaceutical customers for a complete packaging solution was the impetus for this partnership.

With over 15 years of experience in the manufacturing and operations sector, Ben brings a wealth of expertise to the new role.

Ultimation Industries LLC, a leader in conveyor technology and automation, has launched a new range of specialty automated delivery systems for the e-commerce and automotive industries. The specialty systems build on Ultimation’s success in providing conveyors for sequenced tire and wheel assemblies that can be directly unloaded from the trailer to the plant’s assembly line.

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

Markets:

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

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

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

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

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

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

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

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

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

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

• Fed speakers on energy, the economy, and maybe policy due on Wednesday
• US CPI data due Wednesday, the ranges of estimates (& why they're crucial to know)
• AUD traders heads up - Reserve Bank of Australia Governor Bullock speaks Thursday
• The argument for a near-term Reserve Bank of Australia interest rate cut remains very thin
• Japan's Seven & i Holdings is considering a management buyout
• Bank of England Monetary Policy Committee member Catherine Mann speaking Wednesday
• Australia - "Wage inflation is moderating as expected"
• PBoC promised stronger damping to support CNY, and that's what are seeing
• PBOC sets USD/ CNY mid-point today at 7.1991 (vs. estimate at 7.2305)
• Dogecoin catches a bid on Trump's new DOGE department headed by Musk
• Trump names Elon Musk, Vivek Ramaswamy to lead Department of Government Efficiency (DOGE)
• Australia data - Wage Price Index for Q3 2024: +0.8% q/q (expected +0.9%, prior +0.8%)
• Japan PPI (October) +0.2% m/m (expected 0%) and +3.4% y/y (expected +3.0%)
• Barclays on oil - current market dynamics relatively stable, doesn't foresee major shifts
• ECB Interest Rate Forecast: Deutsche Bank's 7 reasons for projecting a lower terminal rate
• BoA expect a 4% EPS benefit for S&P 500 equites from Trump corporate tax cuts
• US CPI data due Wednesday - possible upside surprise.
• Green shoots in China? Excavator sales grew 15% in October
• Forexlive Americas FX news wrap 12 Nov: Bitcoin hits $90K. Stocks fall. USD moves higher.
• NY Fed Perli says there's been more friction in money mkts lately, repo rate rise orderly
• Amazon’s Bezos sells US$1.25bn of shares
• US indices close lower on the day. No new records today.
• Bitcoin trades above $90,000 for the first time. It broke the $80,000 level on Monday
• Trade ideas thread - Wednesday, 13 November, insightful charts, technical analysis, ideas

Small ranges prevailed during Asia time with many traders content to wait until the US inflation data later.

• US CPI data due Wednesday, the ranges of estimates (& why they're crucial to know)

Data events during the session here were lower-tier. We had PPI data from Japan coming in higher than expected. Renewed yen weakness pushed up import costs for some goods. At the margin, an argument can be made that the data was supportive of a nearer-term Bank of Japan rate hike. Against this is, of course, is the new political pressure on the Bank to not hike until wages are seen rising at the next round of wage negotiations in (Japan's) spring. Many months away. The Bank of Japan next meet on December 18 - 19.

USD/JPY moved a little higher, but didn’t get to 155.00. As I post its around the middle of its session range circa 154.80.

Data from Australia showed wage growth moderating a little. This is not sufficient for the Reserve Bank of Australia to cut its cash rate any time soon. The next meeting is December 9 – 10, and then in February (17 – 18).

Earlier this week People’s Bank of China Governor Pan Gongsheng emphasized that 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

Today the Bank set the USD/CNY reference rate more than 300 points lower than model estimates (ie a stronger yuan). The Bank delivered on its word to support the yuan. Offshore yuan has jumped (lower USD/CNH).

Bitcoin sat near US$88K.

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.

WASHINGTON, D.C. -- NAB President and CEO Gordon Smith delivered a State of the Industry address today. 

Washington, D.C. -- NAB Show’s Cine Consortium revealed its new Cine Live program featuring sessions focused on cinematic storytelling experiences in live production. Open to all NAB Show badge holders, Cine Live will take place in the new Create Inspiration Theater in Central Hall. The hour-long sessions kick off daily April 24 – 27 at 10:45 a.m.

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.

Washington, D.C. – NAB Show New York is introducing the Cine Live Lab, a new destination on the show floor featuring daily, hands-on demonstrations of the latest tools and techniques in cinematic storytelling and live broadcast production. Presented in partnership with AbelCine, the Cine Live Lab is open to all NAB Show New York badge holders and will take place October 19-20 at the Javits Center.

Washington, D.C. -- The NAB Show Broadcast Engineering and IT (BEIT) Conference will offer forward-focused insights into the technical issues, challenges and opportunities affecting the future of content delivery ecosystems. Produced in partnership with the Society of Broadcast Engineers, the Society of Cable Telecommunications Engineers and the North American Broadcasters Association, the conference will run April 15–18, 2023 at the Las Vegas Convention Center.

Washington, D.C. -- NAB Show will partner with Broadcast Beat Studios to run a live remote-production broadcast from the Show Floor that will air internationally over the internet. NAB Show LIVE will run each day of the 2023 NAB Show, April 15-19, from 9 a.m.-6 p.m. PDT (9 a.m.-2 p.m. PDT Wednesday) in Las Vegas, Nev., creating an immersive experience for viewers who want to see exhibitor interviews, demos, new product spotlights, Experiential Zone experiences, and other on-floor events.

WASHINGTON, D.C. – NAB Show New York and the prestigious HBO Camera Assessment Series (CAS) are thrilled to unveil a dynamic new collaboration at this year’s NAB Show New York, which takes place October 24-26 at the Javits Center. On October 25, attendees will gain access to screen The CAS, which is a meticulous exploration of the cinematic storytelling potential of today's leading cameras. The follow-up session, The Making of The HBO Camera Assessment Test (CAS) Seminar, takes place October 26 at the Cine+Live Lab on the NAB Show New York show floor. For the first time, in celebration of the series' 10th anniversary, the creators will publicly share their insights and the journey behind making the assessment series.

Washington, D.C. – The NAB Television Board of Directors this week adopted a policy statement reaffirming the association’s commitment to protecting viewers’ access to live, local broadcast stations and the vital local journalism and trusted information they freely provide.

Manufacturing

Oracle Developer Live — Simplifying Modern App Dev
August 3 & 5 | Register Here

In this short preview I talk with Ophelia Hernandez about her upcoming DevOps session at Oracle Developer Live next week on automating continuous deployments to the cloud.

YouTube Video
https://youtu.be/tp6oEhRg-2Q 

Continuous Deployments: Automating Software Releases to OCI Platforms: This session will introduce OCI’s new DevOps platform that enables developers to automate software deployments to OCI platforms. With OCI DevOps, you can accelerate feature delivery to customers and gain the confidence to quickly recover from errors.

Ophelia Hernandez
https://twitter.com/ophyh
Director, Software Development, Cloud Native Services, Oracle Cloud Infrastructure: Ophelia Hernandez is a director of software development at Oracle. A passionate engineering leader excited about the future of the cloud and DevOps, she enjoys solving difficult technical problems, mentoring, guiding career development, and team building. With more than 10 years of experience leading teams, Ophelia has built high performing global teams from scratch and is always looking for ways to become a better leader. Outside of work, she enjoys her four dogs, two cats, and one daughter and is an avid boxer, hiker, and world traveler.

Jonathan Schreiber
https://twitter.com/jonschreiber
Senior Principal Product Manager, Cloud Native Services, Oracle Cloud Infrastructure: Jonathan Schreiber is a senior principal product manager for Oracle Cloud Infrastructure (OCI), working to empower developers on Oracle Cloud. During his time at Oracle, he contributed to the team that launched Cloud Shell, and now he is excited to bring the OCI continuous integration/continuous delivery (CI/CD) platform to developers. Prior to Oracle, Jonathan spent 10 years working in engineering and product management roles for San Francisco startups. His experience spans from ad tech at Federated Media to content marketing platforms at Chute. He started his career in the twilight of the dotcom era at TiVo, making websites with toothpicks and string

On demand sessions from all previous Oracle Developer Live conferences
https://developer.oracle.com/developer-live/

Oracle Developer Relations
https://developer.oracle.com/team/

#OracleDevLive on Twitter
https://twitter.com/hashtag/OracleDevLive

Podcast Host: Jim Grisanzio, Oracle Developer Relations
https://twitter.com/jimgris
https://developer.oracle.com/team/ 

Oracle Developer Live — Java Innovations: Building the Future Today: September 14 and 16

In this short conversation, Java developer Venkat Subramaniam previews his talk at the upcoming Oracle Developer Live — Java Innovations conference. The event is on September 14 and 16 and Venkat's session will be Making Use of Sealed Classes in Java. Don't miss it! Video.

Register for Oracle Developer Live — Java Innovations: Building the Future Today: September 14 and 16

Venkat Subramaniam, Founder Agile Developer, Inc.
https://twitter.com/venkat_s 

Podcast Host: Jim Grisanzio, Oracle Developer Relations
https://twitter.com/jimgris
https://developer.oracle.com/team/ 

Oracle Developer Live — Java Innovations: Building the Future Today: September 14 and 16

In this conversation, Java Software Architect Paul Sandoz previews his talk at the upcoming conference Oracle Developer Live — Java Innovations. The event is on September 14 and 16 and Paul will be talking about The Vector API in JDK 17. Don't miss it! 24 speakers booked! Everyone will be there. Video

Register for Oracle Developer Live — Java Innovations: Building the Future Today: September 14 and 16

Paul Sandoz, Java Software Architect, Oracle
https://twitter.com/PaulSandoz

Podcast Host: Jim Grisanzio, Oracle Developer Relations
https://twitter.com/jimgris
https://developer.oracle.com/team/ 

Oracle Developer Live — Java Innovations: Building the Future Today: September 14 and 16

OpenJDK developer Joe Darcy previews his session at the upcoming Oracle Developer Live — Java Innovations. The event is September 14 and 16 and Joe’s talk — What Every Java Programmer Should Know About Floating-Point Arithmetic — will be on the 16th. Keynote, nine sessions, and four hands-on labs. Don’t miss it!  Video

Joe Darcy, Engineer, Java Platform Group, Oracle
https://twitter.com/jddarcy 

Podcast Host: Jim Grisanzio, Oracle Developer Relations
https://twitter.com/jimgris
https://developer.oracle.com/team/ 

Venkat Subramaniam previews his upcoming session at Oracle Developer Live Java Innovations — The Elegance of Pattern Matching in Modern Java. The conversation was recorded via Zoom on Tuesday February 15, 2022.

Venkat Subramaniam, Founder, Agile Developer

@venkat_s on Twitter https://twitter.com/venkat_s

Background on Pattern Marching

JEP 305: Pattern Matching for instanceof (Preview)
Pattern Matching with Gavin Bierman — Inside Java Podcast 17
Pattern Matching in Java 17 and Beyond

Java Development & Community

OpenJDK https://openjdk.java.net/
Inside Java https://inside.java/
Dev.Java https://dev.java/
@java Twitter https://twitter.com/java

Duke's Corner Podcast

Jim Grisanzio, Host, Java Developer Relations
@jimgris on Twitter https://twitter.com/jimgris

Java Champion Chandra Guntur previews his Birds-of-a-Feather session — Code Katas for Java — for the upcoming Oracle Developer Live Java Innovations conference on March 22nd and 24th. This conversation was recorded via Zoom on Thursday February 24, 2022.

Chandra Guntur, Distinguished Engineer, Technical Fellow, BNY Mellon 

• @cguntur on Twitter https://twitter.com/CGuntur

Java Development & Community

• OpenJDK https://openjdk.java.net/
• Inside Java https://inside.java/
• Dev.Java https://dev.java/
• @java Twitter https://twitter.com/java

Duke's Corner Podcast

• Jim Grisanzio, Host, Java Developer Relations
  @jimgris on Twitter https://twitter.com/jimgris

In this conversation Oracle's Jim Grisanzio talks with Bruno Souza about his Lifetime Achievement Award for 25 years of building the Java community in Brazil and around the world. The award was presented during the keynote at JavaOne Las Vegas 2022.

Bruno Souza, Brazilian JavaMan
https://twitter.com/brjavaman

Jim Grisanzio, Duke's Corner Podcast Host
https://twitter.com/jimgris

Podcast Video
https://youtu.be/3XDgaxx6iu0

Award Presentation at JavaOne
https://www.youtube.com/watch?v=g59PMSk1oAE&t=2534s

Dev Java
https://dev.java/

Inside Java
https://inside.java/

Keep missing out on the good deals for this Air fryer, this seems like a reasonable good enough deal to post.. although that being said. I will HODL until Black Friday is in full swing and hedge my bet that it will be a little cheaper still.

Note, Catch is showing only 1 day left on the deal.

Uno Flip is on sale for the lowest price I have personally seen. Usually around $9 or $10

Would be a great stocking filler

I've added Bonds to BargainBilby.