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. 

Members of the United States House of Representatives are listed here in alphabetical order. Each entry includes life dates if known, a member's area of residence when first elected, period of service, and party affiliation when known. Before 1795 and again from the 1810s into the 1830s there were no well-organized political parties or parties were in flux, and for those time periods no affiliation is listed. Between 1795 and the 1810s most members are identified as Federalists or as Democratic-Republicans. The eight men who were elected to the House of Representatives in 1865 but not seated are also included in this list. John Mercer Langston, elected in 1890, was the first African American elected to Congress from Virginia. Leslie Larkin Byrne, elected in 1992, was the first woman elected to Congress from Virginia.
Mon, 04 Jan 2021 09:26:01 EST

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.

People's Bank of China USD/CNY reference rate is due around 0115 GMT.

The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a "band," around a central reference rate, or "midpoint." It's currently at +/- 2%.

How the process works:

• Daily midpoint setting: Each morning, the PBOC sets a midpoint for the yuan against a basket of currencies, primarily the US dollar. The central bank takes into account factors such as market supply and demand, economic indicators, and international currency market fluctuations. The midpoint serves as a reference point for that day's trading.
• The trading band: The PBOC allows the yuan to move within a specified range around the midpoint. The trading band is set at +/- 2%, meaning the yuan could appreciate or depreciate by a maximum of 2% from the midpoint during a single trading day. This range is subject to change by the PBOC based on economic conditions and policy objectives.
• Intervention: If the yuan's value approaches the limit of the trading band or experiences excessive volatility, the PBOC may intervene in the foreign exchange market by buying or selling the yuan to stabilize its value. This helps maintain a controlled and gradual adjustment of the currency's value.

Earlier:

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

People's Bank of China USD/CNY reference rate is due around 0115 GMT.

The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a "band," around a central reference rate, or "midpoint." It's currently at +/- 2%.

How the process works:

• Daily midpoint setting: Each morning, the PBOC sets a midpoint for the yuan against a basket of currencies, primarily the US dollar. The central bank takes into account factors such as market supply and demand, economic indicators, and international currency market fluctuations. The midpoint serves as a reference point for that day's trading.
• The trading band: The PBOC allows the yuan to move within a specified range around the midpoint. The trading band is set at +/- 2%, meaning the yuan could appreciate or depreciate by a maximum of 2% from the midpoint during a single trading day. This range is subject to change by the PBOC based on economic conditions and policy objectives.
• Intervention: If the yuan's value approaches the limit of the trading band or experiences excessive volatility, the PBOC may intervene in the foreign exchange market by buying or selling the yuan to stabilize its value. This helps maintain a controlled and gradual adjustment of the currency's value.

Earlier re China:

• Green shoots in China? Excavator sales grew 15% in October
• It's not a pretty picture in China

Fundamental Overview

The 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 also be seeing some pre-positioning into a potentially hot US CPI report tomorrow.

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.

On the GBP side, this morning we got the UK labour market report and although the data was mostly mixed, it leant more on the dovish side. Overall though, it didn’t change anything for the market or the BoE.

GBPUSD Technical Analysis – Daily Timeframe

On the daily chart, we can see that GBPUSD broke through the support zone around the 1.2840 level and extended the drop as more sellers piled in. The natural target should be the swing low at 1.2665 level. That’s where we can expect the buyers to step in with a defined risk below the level to position for a rally back into the 1.28 handle.

GBPUSD Technical Analysis – 4 hour Timeframe

On the 4 hour chart, we can see more clearly the break of the support which was defining the range between the 1.2840 support and the 1.3040 resistance. If the price retests the support now turned resistance, we can expect the sellers to step in with a defined risk above the level to position for a drop into the 1.2665 level next. The buyers, on the other hand, will want to see the price breaking higher to position for a rally back into the 1.3040 resistance.

GBPUSD Technical Analysis – 1 hour Timeframe

On the 1 hour chart, we can see that we have a minor downward trendline defining the current bearish momentum. The sellers will likely keep on leaning on it to position for new lows, while the buyers will look for a break higher to pile in for a rally into new highs. The red lines define the average daily range for today.

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.

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

Japanese wholesale prices, the PPI or CGPI:

+0.2% m/m

• expected 0.0%, prior 0.0%

+3.4% y/y

• expected +3.0%, prior +2.8%

The higher results will be a bit of a tailwind for the yen, at the margin. Not too much though, there is the huge monetary policy divergence that is weighing on the hapless yen to contend with.

Of note is that renewed yen falls pushed up import costs for some goods

The Bank of Japan is wary of yen weakness pushing up prices, the Bank wants inflation but not like that. The Bank wants inflation coming from wage growth pushing up demand. The Bank has said it'll consider raising rates to help slow or stop the yen decline. But political pressure is on the Bank not to hike until wages are seen rising at the next round of wage negotiations in (Japan's) spring.

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The Producer Price Index (PPI) in Japan is also known as the Corporate Goods Price Index (CGPI)

• its a measure of the average change over time in the selling prices received by domestic producers for their output
• is calculated by the Bank of Japan

Unlike the Consumer Price Index (CPI), which measures the price change that consumers see for a basket of goods and services, the CGPI focuses on the change in the prices of goods sold by companies.

The PPI reflects some of cost pressures faced by producers

• its based on a basket of goods that represents the range of products produced within the Japanese economy, including items such as:
  • raw materials like metals and chemicals
  • semi-finished goods
  • and finished products
  • different weights are assigned to each category within the index based on its contribution to the overall economy.
• it does not account for the quality improvements in goods and services over time, which might lead to overestimation of inflation
  • additionally, it reflects only the prices of domestically produced goods, leaving out the impact of imported goods

The PPI can be used as a guide to inflationary pressures in the economy:

• If producers are facing higher costs, they may pass these on to consumers, leading to higher consumer prices.

Australia data - Wage Price Index for Q3 2024:

+0.8% q/q for the third consecutive quarter

• expected +0.9%, prior +0.8%
• Both the private sector and the public sector rose 0.8%, seasonally adjusted, for the quarter.

+3.5% y/y, lowest annual rise for the series since December quarter 2022 and followed four consecutive quarters of annual wage growth equal to or above 4%.

• expected +3.6%, prior +4.1%

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The Australian Bureau of Statistics (ABS) publishes the Wage Price Index (WPI) quarterly, measuring changes in the price of labor, unaffected by shifts in workforce composition, hours worked, or employee characteristics.

The ABS provides detailed WPI data, including breakdowns by industry and sector, offering insights into wage trends across Australia's economy.

Midnight Evergreen Technologies, Inc. (Midnight) dares to reimagine the role of an AA game publisher, with a mission to fundamentally reshape how we play together. Midnight is building The Evergreen, the first (of-its-kind) publishing platform designed as a deconstructed, composable MMORPG, delivering immersive, cross-genre experiences that seamlessly span across various platforms, pushing the boundaries of how games are played and enjoyed.

The Evergreen fuses enduring player progression with constantly evolving gameplay, creating an interconnected arcade of games that offer the reach, engagement, and monetization of a traditional MMO—without the risks of a single theme, game narrative, or prolonged production cycles.

Midnight proudly announces the launch of the first of its 26 planned core games in this Deconstructed MMO: The Evergreen: Midnight Market. Set to release on Web, Mobile, and Telegram, and built in partnership with Aptos Foundation, Midnight Market is a daring game of risk and reward where every spin teeters between fortune and mischief. Combining the thrill of crypto gaming with the reliability and scalability of Aptos' Layer 1 blockchain, Midnight Market sets a new standard for decentralized gaming.

Players will find themselves in a high-stakes world of chance, crafting items, earning tokens, and navigating encounters with the elusive Night Pig. How far will you push your luck in pursuit of the ultimate prize?

“Our partnership with Aptos Foundation marks a significant tipping point,” said Steve Wade, Founder & CEO of Midnight. “Aptos’ innovative Web3 infrastructure aligns perfectly with our strategy to focus on player participation in the ecosystems they engage with. Specifically, we’ve solved for interoperability between games, and Aptos makes that solution a reality.” Wade further explained, “We believe in the creator economy and see Web3 as the next logical step—empowering individuals and communities to shape the ecosystems they interact with. With Aptos, we envision a world where players’ stories matter and endure long after the game is over.”

Key Features of The Evergreen: Midnight Market

• Engaging, Unpredictable Gameplay: Players experience unpredictable rewards or unexpected encounters, with every spin holding the potential for either fortune or a surprise interaction with the Night Pig. This element of suspense enhances the gameplay experience with an entertaining, high-stakes twist.
• Decisive Risk-Reward Mechanics: With each turn, players must choose between pushing their luck for higher rewards or banking their earnings. This gameplay design adds strategic depth, enhancing engagement through meaningful player choices.
• Aptos Powered Player Economy: Midnight Market features a blockchain-powered economy, enabling players to craft items known as Keys and earn tickets that can be redeemed for the native ecosystem token or other exclusive merchandise. This player-driven system ensures that every reward has tangible value, heightening the stakes and making the game’s risk-reward mechanics even more impactful.

The game is the first major title to utilize the Aptos high-throughput blockchain, which boasts low latency and high transaction speeds, creating a seamless gaming environment for thousands of players worldwide.

“Powered by the speed and security of the Aptos blockchain, we’re excited to see Midnight’s ambitious vision for The Evergreen brought to life,” said Bashar Lazaar, Head of Grants and Ecosystem at Aptos Foundation. “Players can expect an immersive, genre-spanning experience where every move shapes their unique journey, and the time they spend leaves lasting echoes within the game’s universe and control over the assets they acquire. This isn’t just a step into the future of Web3 gaming—it’s a bold leap forward, placing players at the heart of a dynamic ecosystem, where every moment they choose to spend has a meaningful impact on the worlds they explore".

The Evergreen: Midnight Market is in closed beta now and available to players globally November 13th.

About Aptos Foundation

Aptos Foundation is dedicated to supporting the development of the Aptos protocol, decentralized network and ecosystem and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses.

About Aptos Network

Aptos is a next-generation Layer 1 blockchain. Aptos’ breakthrough technology and programming language, Move, are designed to evolve, improve performance and strengthen user safeguards.

About Midnight

Midnight (https://www.midnight.io/) is at the forefront of innovation with The Evergreen, the first-ever publishing platform that operates as a deconstructed, composable MMORPG. Players engage with and explore diverse, interconnected game worlds, all linked by The Evergreen, a dynamic nexus that binds these unique experiences together. Each game is its own universe, offering new adventures while feeding into a broader progression system. By combining immersive gameplay with a shared economy and evolving narratives, Midnight is reshaping how players discover and interact with new worlds across genres and platforms.

In brief from WPAC's note:

• September quarter Wage Price Index below the RBA’s expectation which pointed to a 0.9%qtr rise in both the September and December quarters of 2024
• Wage inflation peaked at 4.3%yr in December 2023 and has been drifting lower through 2024
• Wage Price Index (WPI) rose 0.8% (3.5%yr) ... The RBA is currently forecasting annual wages growth to print 3.4%yr for end 2024 and hold at that rate through to June 2025.

***

The WPI should easily come in under that RBA forecast by end 2024. While some will point to slowing wages as a reason to cut rates the RBA is in no hurry, still war of elevated demand and inflation likely to pop back above the top of the 2 - 3% target band once government cost of living subsidies roll off.

For some context, these subsidies did come to an end in May but were reinstated in August through to October to cope with the warmer weather. Subsequently, they were continued until this year-end but the funds had to be drawn from reserves in the budget for the fiscal year that started in April.

NHK is now reporting that the government is considering keeping these subsidies from January through to March next year. Amid a higher cost of living in key populated areas such as Tokyo, the measure above is mainly to try and combat rising consumer prices.

WASHINGTON, D.C. – NAB President and CEO Gordon Smith testified today before the Senate Commerce Committee's Subcommittee on Communications, Media, and Broadband at a hearing titled "Shot of Truth: Communicating Trusted Vaccine Information."

Washington, D.C. -- Award-winning journalist Lester Holt will be inducted into the National Association of Broadcasters (NAB) Broadcasting Hall of Fame for his contributions to broadcast television at the 2021 NAB Show, held October 9–13 in Las Vegas. Holt will accept the honor at the NAB Show Welcome event on Monday, October 11 at 9 a.m. PDT.

WASHINGTON, D.C. – David Santrella, president of Broadcast Media for Salem Media Group, was elected chairman of the NAB Joint Board of Directors, NAB announced today. Santrella takes over from Jordan Wertlieb, president of Hearst Television, Inc., whose term expired.

Washington, D.C. -- The National Association of Broadcasters (NAB) today launched new spots underscoring the importance of fact-based broadcast radio and television journalism at a time when misinformation is running rampant on social media.

Washington, D.C. -- David Griffin, president and CEO of Griffin Communications, has been named to the National Association of Broadcasters (NAB) Television Board of Directors by Television Board Chair Perry Sook in accordance with NAB by-laws. The appointment is effective immediately.

Jim Bohannon, host of the "Jim Bohannon Show" will be the NAB Broadcasting Hall of Fame radio inductee for 2022.

WASHINGTON, D.C. – Nick Radziul, senior vice president of Distribution and Government Affairs for Hearst Television, has been named to the National Association of Broadcasters (NAB) Television Board of Directors by Television Board Chair Perry Sook in accordance with NAB by-laws. The appointment is effective immediately.

Washington, D.C. -- Iconic game show “The Price Is Right”, which airs on CBS and is produced by Fremantle, is the 2022 television inductee into the National Association of Broadcasters (NAB) Broadcasting Hall of Fame. Host Drew Carey and executive producer and showrunner Evelyn Warfel will accept the award at The Achievement in Broadcasting Awards on the NAB Show Main Stage on April 24 at 4:30 p.m. in Las Vegas, Nev.

WASHINGTON, D.C. – Bobby Caldwell, owner and CEO of East Arkansas Broadcasters, has been appointed to the National Association of Broadcasters (NAB) Board of Directors by Radio Board Chair Bill Wilson, in accordance with NAB by-laws. The appointment is effective immediately.

WASHINGTON, D.C. – Steve Haro, executive vice president for government affairs for TelevisaUnivision, has been appointed to the National Association of Broadcasters (NAB) Television Board of Directors by Television Board Chair Perry Sook in accordance with NAB by-laws. The appointment is effective immediately.

Washington, D.C.— NAB Show will host a new conference, presented by TVNewsCheck, entitled “Programming Everywhere: The Content Event for Linear, Streaming and Syndication” on April 15, 2023, at NAB Show in Las Vegas. The day-long event features panel discussions, programming showcases and networking opportunities.

Washington, D.C. -- NAB Show today announced it will host dedicated sessions on ATSC 3.0 adoption and connected cars at the 2023 event in Las Vegas, April 15 -19. Sessions will cover the growing landscape of ATSC 3.0 and the interaction, immersion and connectivity this technology brings to the media and entertainment industry. Industry experts will also discuss revenue opportunities offered by connected car listening data and how cutting-edge connected car technologies are bridging the gap between artists and radio listeners.

WASHINGTON, DC -- Multi-hyphenate entertainer Wayne Brady will receive the Service to America Leadership Award from the National Association of Broadcasters Leadership Foundation (NABLF) during the Celebration of Service to America Awards on June 6 at The Anthem in Washington, D.C. The award, NABLF’s highest individual citation, is presented in recognition of honorees’ charitable work and public service.

WASHINGTON, D.C. – Perry Sook, chairman and chief executive officer of Nexstar Media Group, was elected chairman of the NAB Joint Board of Directors, NAB announced today. Sook takes over from David Santrella, chief executive officer of Salem Media Group, whose term expired.

WASHINGTON, D.C. -- Andy Alford, president, Broadcasting, Nexstar Media Group, Inc., and Tanya Vea, president and chief operating officer, Bonneville International Corporation, have been appointed to the National Association of Broadcasters (NAB) Television Board of Directors by Television Board Chair Pat LaPlatney in accordance with NAB by-laws. The appointments are effective immediately.

WASHINGTON, DC -- Circle City Broadcasting Owner, President and CEO DuJuan McCoy has been elected chair of the NAB Leadership Foundation (NABLF) Board of Directors, effective November 8, 2023. McCoy assumes the seat previously occupied by Darrell Brown, former president of Bonneville International Corporation, who has served as NABLF Board chair since 2019.

WASHINGTON, D.C. – Entravision Communications President and Chief Operating Officer Jeffery Liberman has been appointed to the National Association of Broadcasters (NAB) Television Board of Directors by Television Board Chair Pat LaPlatney in accordance with NAB by-laws. The appointment is effective immediately.

Jeanna Berge, iHeartMedia market president in Eau Claire, Wis. and Rochester, Minn., has been appointed to the National Association of Broadcasters (NAB) Radio Board of Directors by Radio Board Chair Collin Jones in accordance with NAB by-laws. The appointment is effective immediately.

WASHINGTON, D.C. -- The National Association of Broadcasters (NAB) today announced that FOX's groundbreaking true crime series, "America's Most Wanted," will be inducted into the NAB Broadcasting Hall of Fame for television. The series will be honored during the NAB Broadcasting Hall of Fame Ceremony, held on the Main Stage of the 2024 NAB Show, April 15 at 1 p.m. PDT.

You know, I never thought to mention this, but I am left handed. Now this may not seem important to most, because there are certainly a lot of guitar players our their who are left handed, but most left handed guitar players who are capable of great technique and guitar speeds, typically choose to string and hold their guitars completely opposite.

This is not me. I play guitar the same way that most right handed guitarists play. What is the correct approach if you are a left handed person is just starting to play guitar? well, naturally there is no right or wrong way to go about it. I can remember when I first started playing, for the first 3 months, I couldn't do what most right handed guitar players had accomplished in that same amount of time.

So, if it was that difficult for me, then why did I go this route? because I was told that I had too, and that playing my guitar in reverse would be harder to practice on. What do I think now? its rubbish of course. Just because a right handed guitar player might imagine it to be a difficult task, doesn't mean that a left handed person will have a hard time with it. I mean, asking someone to go against their physical or genetic design, is like asking them to walk on the ceiling.

Oh, it gets better!!

This is really quite fascinating. The other night I was reading about being ambidextrous, because I claimed to be so to a particular person once. She told me that I was not ambidextrous, but that their was a different name for my capabilities, and that I was only "half" ambidextrous. So, I put it out of my mind, but when I read this article the other night, I was blown away by what it had to say about ambidextrous people.

The article explained that basically if you can do one thing that you shouldn't be able to do with your unfamiliar hand, then you are technically ambidextrous. Here's where it gets good. The article went on to explain that most people who are ambidextrous, start out as left handers, and learn to become ambidextrous because we live in a right handed world. Fascinating!

This tells you that what you believe someone can do is only based on them being "gifted", "lucky", or "blessed" is total B.S. I've said it for years, but people just like to make excuses for themselves, I think. I mean that's easier to do, right?

Anyways, imagine that you wanted to become ambidextrous for some reason - could you do it? hell yes you could! When I was six I broke my left arm, and it was in a cast for a very long time. I loved to draw, and spent most of my time doing this. So, I had to learn how to write and sketch with my right hand. I'm way out of practicing now, but at the time I learned to develop my right hand pretty well.

Manufacturing

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Transport / Logistic issues / Storage capacity issues

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Unexpected increase in consumer demand

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Commercial Changes / Commercial viability

Commercial Changes / Commercial viability

Room 21, Parliament Buildings