#ig markets germany 30

[georgegraphys]

Funniest and most illogical comment from CultLH today regarding Puma:

Puma left Mercedes and went to Ferrari with LH and that Adidas isn’t that big and has nothing compared to Puma…

I am sorry but I can’t 😂

Like Puma is with Ferrari for years 😂 and I would (personally) argue that Adidas at least in Germany is a way bigger deal than Puma. I don’t k ow about other countries but Puma is not viewed as „cool“ in Germany and it’s like many Nike and Adidas that are „in“ (at least where I live 😂)

But yeah apparently Ferrari drove „naked“ the last few years 😂

Well that's the cult for you! Zero literacy and knowledge about oneself!

Besides the deal between Adidas and Mercedes is worth more than the Puma and Tommy Hilfiger deal combined. According to the news, the deal is worth 30 mio.

You can also see that it is worth more because in a span of less than a month, there is THIS much content.

None of these are the soft marketing but in my opinion, can already be considered a hard marketing (especially on their campaigns with George — because hey that Adidas logo is plastered EVERYWHERE)

And yeah in my country(s ig since I have both citizenship, somewhere around the west europe part), Adidas is (sorry) more popular. You honestly don't have to be european to recognize that. I think that's obvious everywhere else.

Also, Adidas has been a prominent figure in a lot of well-known football association/clubs. National teams : DfB, Belgium, Italy, Hungary, Japan, Argentina, etc. Clubs : Man United, Arsenal, Real Madrid, AS Roma, Juventus, Bayern München, Schalke 04, Ajax, Celtic, Besiktas, Boca Juniors, and many more.

So yeah judging by their portfolio and the list of these popular guys (I took football as an example because it's one of the most prominent and relevant sports in Europe and the sport that also shaped Adidas as a brand too) it's obvious that Adidas got THE dawg. I'm very appreciative of what Puma has done for George Russell. They entrusted George so much and you CANNOT deny the fact that Puma helped George establish himself with the ambassadorship, publicize him alongside many prominent media companies, create nice campaigns and collaborations for him, and also entrust him to join the Puma Football launch as a part of the line up despite him being an F1 driver not a football player. For me, that opens so many doors and sets the base for George to his Adidas partnership and also for Adidas to George as their model (Adidas will obviously look at what Puma has done with George as a reference) so yeah for me, Puma is not as big as Adidas but I'm forever grateful they gave so much opportunities for George (especially that collab with Puma Football since it's a great opportunity to show how versatile George is and how he can do PR for different sports)

I won't comment much on Puma's journey with Ferrari because I don't give a fuck about anything Ferrari and their whole institution. But yeah that's just how CultLH are. For now, they're happy with Ferrari so obviously they're going to "love" them so much and say they're better. Tomorrow? Who knows. No offence, Ferrari can collaborate with the likes of lesser known brands in sports and CultLH will do anything to call the likes of Puma/Nike/Adidas the smaller and irrelevant company 🤣🤣 Ignore them for me anon. They're not that dumb but they like to convince themselves so hard.

[darkmaga-returns]

Germany's ongoing deindustrialisation is no accident; key Green intellectuals have demanded precisely this for decades, and now the Greens are in government and they are getting what they want.

eugyppius

Oct 30, 2024

Volkswagen is mired in deep crisis. This flagship of the German automobile industry and symbol of our postwar economic miracle is awash in debt, battered by unrelentingly high labour and energy prices. The metalworkers’ union IG Metall have driven wages at Volkswagen to imprudent extremes, and the company has poured mountains of good money after bad in its grasping effort to develop serviceable and marketable electric vehicles.

VW have no choice if they are to survive our looming and entirely self-imposed ban on internal combustion engines. Alas, VW’s battery-powered cars compete poorly with foreign models from companies like Tesla and BYD, because electric vehicles are entirely different products that employ entirely different technologies, and there’s no reason that a leading producer of petrol-powered cars should also happen to be a leading producer of electric cars. Demanding, via political fiat, that your automobile industry begin producing a totally different product in the course of the next decade, is not all that different from abolishing your automobile industry.

This week, VW announced plans to cut tens of thousands of jobs and to close three factories. That is a very big deal, because they have never closed a single German factory before. I try to avoid economic topics, but this story is so much bigger than economics. As Daniel Gräber wrote in Cicero last month, “the VW crisis has become a symbol for the decline of our entire country.”

[psatalk]

Future plan for Heidelberg's Wiesloch-Walldorf site 

Heidelberg, together with the Works Council and IG Metall, has adopted a plan for the future to strengthen the competitiveness of the Wiesloch-Walldorf site. This plan will reduce personnel costs by more than 100 million Euros over the next three financial years through various measures and thus not only increase cost efficiency, but also make investments possible. The agreement applies with immediate effect until 31 December 2028 and also includes a site guarantee for 3,500 employees as well as investments in the site.

"The future plan for the Wiesloch-Walldorf site is an important step for Heidelberg in laying the foundations for future growth within the Group. The agreement will enable us to reduce costs at the largest site in Germany and create space for important investments," says Jürgen Otto, CEO of Heidelberg. "We are convinced that we will be able to manufacture further industrial and highly complex products at the Wiesloch-Walldorf site, including for other industries."

As part of the plan for the future, special items of around 30 million Euros will be recognized in the current financial year 2024/2025. At the same time, the company confirms its forecast for the adjusted EBITDA margin, which is expected to remain at the previous year's level of 7.2%. Sales are also forecast to remain at the previous year's level (2,395 million Euros).

Future plan as part of the growth strategy

The plan for the future is an important building block in the strategic positioning of Heidelberg, because the company is aiming to expand its international business, particularly through growth in markets such as China and Asia. With an outstanding market position worldwide, particularly in China thanks to local production and the partnership with MK Masterwork, the company is ideally placed to achieve this.

Thanks to the cooperation between Heidelberg and Canon, the company will participate even more strongly in the growing digital printing business in future. Incoming orders already confirm this from the next financial year.

In the packaging sector, Heidelberg will benefit from the growing global demand for replacements for plastic packaging. In addition, the company sees further global earnings opportunities in the expansion of its service, software and automation business.

Today, over 85% of business is already conducted outside of Germany. In total, Heidelberg sees growth potential of more than 300 million Euros in sales for all strategic initiatives by the 2028/2029 financial year.

At the same time, future investments are also secured, such as the modern data center at the Wiesloch-Walldorf site, the modernization of infrastructure and production facilities, training and further education, qualification and projects for software and AI.

Jürgen Otto says, "Heidelberg has enormous expertise and potential. We are a driver of innovation beyond the printing industry."

To date, Heidelberg personnel costs amount to around € 800 million per year, which corresponds to around one third of turnover. Over 50 percent of personnel costs are incurred in Germany, the majority of which are incurred at the Wiesloch-Walldorf site. In order to reduce personnel costs, the employer and employee representatives have agreed on a package of measures that will offset the future increase in salaries in the IG Metall collective agreement by offsetting it against performance-related pay. 

The measures also include the socially responsible reduction of around 450 jobs at the Wiesloch-Walldorf site. The site currently has around 4,000 employees. Heidelberg is relying on a demographic lever and employee retirements. On the other hand, the company is selectively finding solutions that meet the wishes of some employees who wanted to leave earlier. In addition to jobs in production, the measure also includes targeted reductions in administration and management.

Future technologies come from Wiesloch-Walldorf

At the same time, the parties have agreed on measures to secure the future of the site. For example, the agreement also includes a continued strong training quota for young employees and the understanding that future technologies should be located in Wiesloch. "Heidelberg has enormous expertise and potential. We are also demonstrating this with the future plan. We remain an attractive employer, also for young people, and a driver of innovation beyond the printing industry," says Jürgen Otto.

The agreement on the future plan applies to the Wiesloch-Walldorf site, but is intended to serve as a pilot for other Heidelberg sites in Germany. These include Brandenburg, Amstetten and Ludwigsburg, for example.

[healthcaremarketanalysis]

Exploring the Allergy Diagnostics Market: Trends, Drivers, and Innovations

The global Allergy Diagnostics Market is experiencing robust growth, fueled by an increased prevalence of allergies, advancements in diagnostic technologies, and heightened awareness among patients and healthcare professionals. With a rising global health burden associated with allergic diseases, allergy diagnostics play a crucial role in accurate detection and management, enabling better treatment outcomes.

Download PDF Brochure

What Are Allergies and Why Are Diagnostics Essential?

Allergies occur when the immune system reacts to substances like pollen, food, or pet dander, triggering symptoms ranging from mild irritations to severe anaphylaxis. Diagnosing allergies involves identifying specific allergens causing adverse reactions, which is vital for developing targeted treatment plans and preventing severe allergic responses.

The Allergy Diagnostics Market encompasses products, technologies, and services used in detecting allergens. This includes skin prick tests, blood tests (specific IgE testing), patch tests, and molecular diagnostic methods. These tools have revolutionized the diagnostic landscape, offering accuracy, reliability, and quicker results.

Key Drivers of the Allergy Diagnostics Market

Rising Allergy Prevalence: Allergies affect approximately 20-30% of the global population, with respiratory, food, and skin allergies being the most common. Factors like urbanization, pollution, and changing dietary habits have contributed to this increase.

Technological Advancements: Modern diagnostic technologies such as ELISA, multiplex assays, and microarray platforms enhance test sensitivity and specificity, making them indispensable tools in laboratories worldwide.

Increased Awareness: Public health campaigns and growing awareness about allergic conditions have led to higher demand for diagnostic services, particularly in developed regions.

Growing Pediatric Population: Children are often more susceptible to allergies, making early diagnostics crucial. This demographic significantly drives market demand.

Government and Private Initiatives: Supportive healthcare policies, funding for allergy research, and reimbursement schemes bolster the market.

Segmentation of the Allergy Diagnostics Market

By Product Type:

Assay Kits: Widely used for in vitro allergy testing, these kits are integral to laboratory workflows.

Instruments: Devices such as immunoassay analyzers, PCR systems, and skin testing instruments.

Consumables: Reagents, probes, and other materials necessary for diagnostics.

By Test Type:

In Vivo Testing: Includes skin prick and intradermal tests.

In Vitro Testing: Blood-based tests like specific IgE and total IgE quantification.

By Allergen Type:

Food Allergens: Milk, eggs, nuts, and seafood.

Inhalant Allergens: Pollen, mold, and pet dander.

Drug Allergens: Penicillin and other antibiotics.

Other Allergens: Insect venom and contact allergens.

By End User:

Hospitals and Clinics: Major centers for allergy testing.

Diagnostic Laboratories: Offer specialized testing services.

Academic and Research Institutes: Focused on allergen research and development.

Regional Insights: Allergy Diagnostics Market

North America: Leading the market due to advanced healthcare infrastructure, high allergy prevalence, and significant R&D investments. The U.S. dominates this region.

Europe: Rising allergy awareness and government initiatives support growth. Countries like Germany and the UK are key players.

Asia-Pacific: Exhibiting the fastest growth due to increasing healthcare access, urbanization, and pollution levels. Emerging economies like China and India drive regional expansion.

Rest of the World: Markets in Latin America and the Middle East are growing steadily, with improving healthcare systems and rising allergy awareness.

Innovations Shaping the Allergy Diagnostics Market

Molecular Diagnostics: Techniques like recombinant allergen testing provide precise results by identifying allergen components at the molecular level.

Point-of-Care Testing: Portable allergy testing devices enable faster diagnostics, particularly beneficial in resource-limited settings.

Artificial Intelligence (AI): AI-powered tools analyze patient data for personalized allergy management and improved diagnostic accuracy.

Next-Generation Sequencing (NGS): Advanced genomic tools are being explored for understanding allergen sensitivity at a genetic level.

Multiplex Testing Platforms: These platforms allow simultaneous detection of multiple allergens, saving time and resources.

Challenges in the Allergy Diagnostics Market

High Costs: Advanced diagnostic tests can be expensive, limiting accessibility in developing regions.

Lack of Standardization: Variability in testing procedures and results across laboratories remains a concern.

Limited Awareness in Emerging Markets: Although awareness is increasing, many regions still lack adequate knowledge and facilities for allergy diagnostics.

The Future of the Allergy Diagnostics Market

The Allergy Diagnostics Market is poised for sustained growth, driven by continuous innovations and the rising global allergy burden. Emerging trends such as wearable diagnostic devices, mobile health applications, and telemedicine integration are expected to redefine the market dynamics. Additionally, increased focus on preventive healthcare and personalized medicine will further enhance diagnostic capabilities.

Conclusion

The Allergy Diagnostics Market is a dynamic and evolving space, addressing critical healthcare needs worldwide. As the prevalence of allergic conditions rises, the demand for accurate, accessible, and advanced diagnostic solutions will continue to grow. Stakeholders in this market must prioritize innovation, affordability, and patient education to ensure widespread adoption and improved healthcare outcomes.

[terramains]

Active users on instagram

Active users on instagram android#

Active users on instagram plus#

81% of people use Instagram for research on companies, products, and services.

Users spend an average of 30 minutes a day on Instagram.

Instagram has over 1 billion monthly active users.

You’ve got some very valuable Instagram reels statistics under your belt, but here are a few very important general Instagram statistics that you should know as well:

Khaby Lame holds the most-viewed Instagram reel at 283 million (and counting).

70% of marketers are looking to increase ad spend in video.

Reels receive more engagement than regular video content at a rate of about 22%.

Reels can be featured on the Explore page, where 50% of Instagram users go to discover new content.

NBA teams’ reels have gained 22% more engagement.

The Los Angeles Lakers have the most engagement on Instagram reels with over 385k engagements and over 6.8M views on one video.

20 out of 30 NBA teams use reels and have had great success.

There was no increase in daily active users in India after reels launched.

Time spent on Instagram in India after reels launched increased by 3.5%.

Instagram app downloads increased by 11.4% in India after reels launched (from 7 million to 7.8 million).

Instagram reels launched in India on July 12, 2020.

87% of Gen Z TikTok users agree that reels is basically the same as TikTok.

In June 2020, IG reels expanded to France and Germany.

Nike averages 4.6 million views per reel, and many other brands share the same success.

Instagram users increased in Brazil by 4.34% after the launch.

Reels launched first in Brazil as “Cenas”.

Instagram reels was released on Augin over 50 countries.

Let’s get started! Instagram Reels Stats- Summary We’re also going to explain a bit more about Instagram reels so that you have a solid understanding of what it is and what it does. We’re going to bring you some Instagram reels statistics that can help you see the value behind the content format. It’s important to have a good understanding of all different content formats on Instagram to have a well-rounded strategy, so you may be wondering, how valuable are IG reels for my content creation? Well, Instagram reels got its start similarly to that of Instagram stories, and it’s gained some serious traction on Instagram. Instagram stories now house some serious power for brands and businesses, as many Instagram stories statistics clearly show. How do you think it’s been able to stay so relevant and popular over the span of 10+ years?Īlong the way, there have been other competing social media platforms that have emerged, prompting Instagram to create some new features to help keep their platform popular and at the forefront of social media usage.įor instance, do you remember Snapchat? It had gained such a stronghold that Instagram decided to implement Instagram stories, one of the best decisions it’s ever made. This article originally appeared on has been around since 2010, and it’s constantly evolving to become even better than it was the day before. SimilarWeb collects data through a global panel, ISP data, public data sources and direct measurement data. Instagram and Snapchat haven’t released this type of data since last year.Īs for Snapchat’s jump in time spent in October, it could have something to do with the introduction of its 3D World Lenses, but we don’t know.

Active users on instagram android#

SimilarWeb’s numbers, which only include Android data, are similar to those previously put out by the companies themselves. Facebook and Instagram have said they want to do the same. Apple recently announced new features inside its latest iOS that will show people how much time they spend using certain apps. What makes that competition interesting is that some companies (think Apple and Facebook) are also starting to come around to the idea that there should be limits - or at the very least, more information - about how much time people spend using their products.

Active users on instagram plus#

These apps, plus more traditional media companies like Disney and Netflix, are all looking to capture attention in an increasingly competitive landscape. The big war on mobile devices right now is for user attention. Time spent matters because more time in the app means people probably see more advertisements, which is how all these apps make money.

[zhanzhan2345]

the production and variety of chemical products exploded

At the end of the 19th century, the production and variety of chemical products exploded. Large-scale chemical industries also formed in Germany and later the United States. The production of artificial fertilizers for agriculture was pioneered by Sir John Lawes in his specially built Rothamsted Research. In the 1840s, he established a large factory near London to produce superphosphate. In the 1840s, Charles Goodyear of the United States and Thomas Hancock of the United Kingdom applied for a patent for the rubber vulcanization process. The first synthetic dye was discovered in London by William Henry Parkin. He partially converted aniline into a crude mixture, and after extraction with alcohol, a dark purple substance was produced. He also invented the first synthetic perfume. However, it was German industry that quickly began to dominate the field of synthetic dyes. Three major companies, BASF, Bayer and Hoechst, produce hundreds of different dyes. By 1913, German industry produced nearly 90% of the world’s dye supply and sold approximately 80% of its products abroad. In the United States, Herbert Henry Dow used electrochemistry to produce chemicals from brine Has achieved commercial success and helped promote the country’s chemical industry

The petrochemical industry can be traced back to the oil plants of James Young in Scotland and Abraham Pineo Gesner in Canada. The first plastic was invented by the British metallurgist Alexander Parks. In 1856, he applied for a patent for Parkesine, a celluloid based on nitrocellulose and treated with multiple solvents. This material was exhibited at the London International Exhibition in 1862. It foresees many modern aesthetics of plastics. And practical use. In 1885, William Lever and his brother James were in Lancashire based on the modern chemical process invented by William Hough Watson using glycerin and vegetable oil , Began to use vegetable oil to produce soap

By the 1920s, chemical companies merged into large conglomerates; IG Farben in Germany, Rhône-Poulenc in France, and Imperial Chemical Industries in the UK. DuPont became a major chemical company in the United States in the early 20th century. Polymers and plastics, such as polyethylene, polypropylene, polyvinyl chloride, polyethylene terephthalate, polystyrene, and polycarbonate, account for about 80% of global industrial production. These materials are usually converted into fluoropolymers Highly corrosive materials for industrial transportation. Chemicals are used in many different consumer products, but they are also used in many different other sectors; including agriculture, manufacturing, construction, and service industries. Major industrial customers include Rubber and plastic products, textiles, clothing, petroleum refining, pulp and paper, and primary metals. Chemicals is a global company worth nearly 3 trillion U.S. dollars, and chemical companies in the European Union and the United States are the world's largest producers.

The sales of chemical business can be divided into several categories, including basic chemicals (about 35-37% of total output), life sciences (30%), specialty chemicals (20-25%) and consumer products (about 10%). %). Basic chemicals or "commercial chemicals" are a broad chemical category that includes polymers, bulk petrochemical products and intermediates, other derivatives and basic industrial products, inorganic chemicals, and fertilizers.

Polymers are the largest revenue segment, including all types of plastics and man-made fibers. The main market for plastics is packaging, followed by household construction, containers, electrical appliances, plumbing, transportation, toys and games.

The largest polymer product is polyethylene (PE), which is mainly used in packaging films and other markets such as milk bottles, containers, and pipes. Polyvinyl chloride (PVC) is another high-volume product, mainly used in the manufacture of pipes and siding in the construction market, and in a smaller range for transportation and packaging materials. Polypropylene (PP) is similar in volume to PVC and is used in markets such as packaging, home appliances, containers, clothing, and carpets. Polystyrene (PS) is another large-volume plastic, mainly used in appliances, packaging, toys and entertainment. The main man-made fibers include polyester, nylon, polypropylene, and acrylic, which are used in clothing, home furnishing, and other industrial and consumer applications. The main raw materials of polymers are bulk petrochemical products such as ethylene, propylene and benzene.

[crispyobjecttiger]

Immunoglobulin Products  Market Status and Trend Analysis 2017-2026 (COVID-19 Version)

Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Immunoglobulin Products Market Status and Trend Analysis 2017-2026 (COVID-19 Version) 2020-2026 which would mention How the Covid-19 is Affecting the Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Key Regions and Proposal for Immunoglobulin Products Market Status and Trend Analysis 2017-2026 (COVID-19 Version) Players to battle Covid-19 Impact.

Immunoglobulin Products Market Status and Trend Analysis 2017-2026 (COVID-19 Version) 2020-2026The

Immunoglobulin Products Market Status and Trend Analysis 2017-2026 (COVID-19 Version) 2020-2026

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Top Leading players covered in the Immunoglobulin Products Market Status and Trend Analysis 2017-2026 (COVID-19 Version) report : ​​​​​​​​​​​ Baxalta CSL Grifols Biotest Pharmaceuticals Kedrion Octapharma Abeona Therapeutics Admabiologics Anthera Beijing Tiantan Biological Products and More...

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Market Segment by Type covers: IgA IgG IgM IgD IgE

Market Segment by Application covers: Drugstore Hospital Others

Our Complimentary Sample Immunoglobulin Products Market Status and Trend Analysis 2017-2026 (COVID-19 Version) Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology.

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[blogtechfuturemrfrworld]

Electrical & Electronic Computer-Aided Design Market 2020 Research, Share, Size, Growth, Competitor Strategy and Trends by Forecast to 2026

Electrical computer-aided design (ECAD) comprises electrical and electronic CAD solutions. It is a software for creating and modifying both layouts and diagrams and layouts of electrical circuits such as printed circuit boards (PCB), integrated circuits (ICs), and cabling systems. ECAD software help engineers to create electrical schematic designs and systems seamlessly and at a rapid pace as compared to traditional, by-hand methods with higher accuracy and precision. This software is widely used to automate tasks such as filling out components lists and bills of materials (BoM). ECAD is used for various purposes such as diagramming, 3D assembly, concurrent designing, and generating manufacturing documentation.

Global Electrical Computer-Aided Design (ECAD) Market is highly competitive, with the presence of several vendors offering feature-rich and innovative solutions to their customers. The major vendors profiled in the study are Autodesk, Inc., ANSYS Inc., EPLAN Software & Service GmbH & Co. KG, Bentley Systems, Inc., Siemens PLM, Trimble Inc., Dassault Systèmes SE, Zuken, AUCOTEC, Mentor Graphics, WSCAD, IGE+XAO, ALPI International Software, and SIENNA ECAD Technologies.

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Regional Analysis

The geographic analysis of the Global ECAD Market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

North America is expected to be the largest market for ECAD solutions during the forecast period. North America has been segmented into three countries, namely the US, Canada, and Mexico.

The US is the leading market in North America, accounting for a significant market share. The electrical computer-aided design (ECAD) market in the US is expected to grow significantly, owing to the presence of major players. The market growth in the country can be attributed to the increasing urbanization, advances in digital technology, higher disposable incomes, and the high demand for advanced manufacturing robotic technologies. In addition to it, favorable government policies to help factory automation are contributing to the growth of the global market. Adding to it, the market growth is driven by the increased demand for intelligent and automated manufacturing systems and the rising focus on digitization of oil fields to adopt industry 4.0.

Europe is projected to hold the second spot (in terms of market share) in the overall market during the forecast period. Europe is segmented into the UK, Germany, France, and the rest of Europe. The market growth is attributed mainly to advancements in cloud-based ECAD tools and services. The main factors contributing to the growth of the electronic computer-aided design (ECAD) market in Europe are the low cost of adoption and greater storage capabilities of cloud-based solutions and services. The collaboration of major players with small start-ups for the development of computer-aided design tools is boosting the market growth.

The market in the Asia-Pacific region is expected to register the highest CAGR during the forecast period. The market growth is attributable to the need for on-the-go graphic designing via mobile apps for smart factories and industrial manufacturing. Moreover, the automotive markets in South Korea, Japan, and China are growing rapidly and contribute nearly 30% of the overall market. The rising development of electric vehicles and their testing has also resulted in the growth of the electrical computer-aided design (ECAD) market.

In the Middle East & Africa, the country of Saudi Arabia holds the major oil fields, and the industry is increasingly adopting industrial automation equipment. The country offers opportunities for the metal, mining, and material industries to increase their production and efficiency. The demand for ECAD software is also driven by the high cost of labor, encouraging the companies to adopt industrial automation.

The South American region is witnessing an increase in investments and government initiatives to support advances in technology. In this regard, the developments in the manufacturing and industrial sectors in the region are anticipated to be the key driver for the ECAD market during the forecast period. Brazil is an emerging economy in South America. The growth of the ECAD market in Brazil is attributed to the developments in machine learning and computer vision technologies for manufacturing processes. Brazil exhibits a strong demand for software for mining, drilling automation, and oil extraction applications.

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[techfuturemrfr]

Electrical & Electronic Computer-Aided Design (ECAD) Market Outlook and Development Status Review

Market Overview

Global ECAD Market is estimated to grow at a CAGR of 8.5% during the forecast period (2020-2026).

Electrical computer-aided design (ECAD) is big business, and the market is driven by the increasing use of cloud-based ECAD solutions and increasing demand for electronic design automation. According to the MRFR analysis, Cadence Design System Inc. occupied the first position in the ECAD market. The company has a stronghold over nearly all the major markets, including North America and Europe. The company concentrates on continuous research & development, which helps the company to have a competitive edge over other key players operating in the market. The company has a comprehensive product portfolio and a strong customer base.

Segmental Analysis

The Global ECAD Market has been segmented based on component, industry type, application, vertical, and region.

Based on component, the global computer-aided design (ECAD) market has been segmented into software and services. The software segment accounted for the larger market share in 2019, and it is expected to register a CAGR of 7.8% during the forecast period. The services segment was the second-largest market in 2019.

The global electrical computer-aided design (ECAD) market, by industry type, has been divided into the process industry and discrete industry. The discrete industry segment accounted for the largest market share, and it is expected to register the highest CAGR during the forecast period.

By application, the market has been segmented into industrial machine controls, rail signaling, plant design, mining equipment control, switchgear design, water treatment and distribution system control, and others. The industrial machine controls segment is expected to dominate the market during the forecast period.

The verticals studied for the market research report are automotive, aerospace & defense, construction, equipment and machinery, railway, power generation and energy, oil & gas, food & beverage, and others. The automotive segment is anticipated to lead the global electrical computer-aided design (ECAD) market over the forecast period.

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Competitive Analysis

The key players of the global ECAD market include Zuken (Japan), Aucotec AG (Germany), WSCAD (Germany), MENTOR GRAPHICS (US), Autodesk Inc. (US), Sienna Ecad Technologies (India), Dassault Systèmes SE (France), TRIMBLE INC. (US), Hexagon AB (Sweden), IGE+XAO Group (France), Siemens AG (Germany), Eplan Software & Service Gmbh & Co. KG (Germany), Bentley Systems, Inc.(US), ALPI International Software SA (France), and Cadence Design System Inc. (US).

Regional Analysis

The geographic analysis of the Global ECAD Market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

North America is expected to be the largest market for ECAD solutions during the forecast period. North America has been segmented into three countries, namely the US, Canada, and Mexico.

The US is the leading market in North America, accounting for a significant market share. The electrical computer-aided design (ECAD) market in the US is expected to grow significantly, owing to the presence of major players. The market growth in the country can be attributed to the increasing urbanization, advances in digital technology, higher disposable incomes, and the high demand for advanced manufacturing robotic technologies. In addition to it, favorable government policies to help factory automation are contributing to the growth of the global market. Adding to it, the market growth is driven by the increased demand for intelligent and automated manufacturing systems and the rising focus on digitization of oil fields to adopt industry 4.0.

Europe is projected to hold the second spot (in terms of market share) in the overall market during the forecast period. Europe is segmented into the UK, Germany, France, and the rest of Europe. The market growth is attributed mainly to advancements in cloud-based ECAD tools and services. The main factors contributing to the growth of the electronic computer-aided design (ECAD) market in Europe are the low cost of adoption and greater storage capabilities of cloud-based solutions and services. The collaboration of major players with small start-ups for the development of computer-aided design tools is boosting the market growth.

The market in the Asia-Pacific region is expected to register the highest CAGR during the forecast period. The market growth is attributable to the need for on-the-go graphic designing via mobile apps for smart factories and industrial manufacturing. Moreover, the automotive markets in South Korea, Japan, and China are growing rapidly and contribute nearly 30% of the overall market. The rising development of electric vehicles and their testing has also resulted in the growth of the electrical computer-aided design (ECAD) market.

In the Middle East & Africa, the country of Saudi Arabia holds the major oil fields, and the industry is increasingly adopting industrial automation equipment. The country offers opportunities for the metal, mining, and material industries to increase their production and efficiency. The demand for ECAD software is also driven by the high cost of labor, encouraging the companies to adopt industrial automation.

The South American region is witnessing an increase in investments and government initiatives to support advances in technology. In this regard, the developments in the manufacturing and industrial sectors in the region are anticipated to be the key driver for the ECAD market during the forecast period. Brazil is an emerging economy in South America. The growth of the ECAD market in Brazil is attributed to the developments in machine learning and computer vision technologies for manufacturing processes. Brazil exhibits a strong demand for software for mining, drilling automation, and oil extraction applications.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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[rsballiance]

There has been a surge within female players, and the popularity of e-sports live broadcasts has risen; however the game industry still must face these issues after the epidemic!

An epidemic in 2020 brought a fatal blow to countless industries, however the gaming industry was a blessing in disguise. In the times of "National Home", video gaming have turn out to be the main enjoyment for many individuals. World-class game makers such as for example Microsoft, Nintendo, Twitch, and Activision are all growing vigorously in the epidemic era. In April, Microsoft exposed that the amount of subscribers to Game Pass for its games has surpassed 10 million. Newzoo, a game market research organization, offers released a new "Global Game Industry Market Research Report 2020." The document pointed out that due to the effect of the new coronavirus epidemic and the solid advertising of next-era consoles, the global gaming industry income in 2020 will be likely to reach 159.3 billion US dollars, a year-on-12 months increase of 9.3%. A good start has triggered people's expectations for the future growth of the game industry. A fresh batch of sport version numbers was released, and many stocks in the online game industry rose. Accordingly, the global sport market is also heating system up. The amount of users has increased, sales have increased, and peripheral industries have flourished. So, where if the game industry go after the epidemic is over? And in this, do you know the new challenges? The rise of mobile games brings large changes in user attributes. Based on the Global Cell phone Market Report, the global mobile game marketplace will create 77.2 billion U.S. dollars in income in 2020, a year-on-year increase of 13.3%. This increase is mainly due to the large amount of time people devote to smartphones. Lengthen. For instance, in Asia, due to the closure of general public places, players who have been doing offers in Web cafes for a long period have to move their "battlefield" to their mobile phones. The popular domestic game marketplace has completely changed the male to female ratio in the entire player group. The convenience, simplicity, and ease of use have attracted a large number of female players. Consider the Chinese market place for example. As early as 2018, informal games accounted for 43.39% of the mobile game market place. The representative games "Nuan Nuan", "Travel Frog", and "Love and Maker" triggered social media. The dialogue boom offers attracted more female players to become listed on. In the entire Chinese mobile sport market, female players accounted for a staggering 46.2%. This is totally unimaginable in the Personal computer and console sport market, which is dominated by competition and customs clearance.

Travel frogs that exploded a few years ago, the image originates from the Internet The social isolation as a result of the epidemic has allowed the mobile game marketplace to harvest a large number of new players. As more and more female players enter the game world, eventually the male to feminine ratio of mobile game users will get nearer and nearer to 50-50. In foreign countries, ultra-casual games are also very popular. In america iOS free listing on April 20, three female-oriented ultra-casual mini sport products appeared in the very best 10, namely "Super Salon", "Lip Art 3D" and "Being pregnant Idle 3D Simulator".

American women also such as dress-up online games, the picture originates from the Internet From the perspective of game attributes, female users at home and abroad have little difference in their action preferences. This type of growth and placement sport will not require players to invest too much energy to learn the game play mechanism. Such games often enable female players to get a stronger need to share, which makes it relatively easy to understand such games. The growth cycle of competitive mobile games is often long, and producers need to invest lots of money and human resources to produce a game with relatively good gameplay and graphics. Consider the domestically popular "Glory of the King" for example. Initially, it took almost three years to build up a 30-person team from Tencent's inner task to the formal internal check. The overall game balance mechanism, original artwork, and combat values ??all require a little polishing. This is why many game makers can directly duplicate the worldview, plot, character settings and other sections of the mobile game that may reflect the IP worth of the initial mobile sport to the mobile game edition in the period of mobile games, and only need to polish the new battle information. The sections linked to the worldview and plot are often the slowest part for programmers to accomplish and the fastest for players to consume.

The most popular mobile game in China, "Glory of the King", the picture originates from the Internet Just imagine that these major sport companies can save effort and time to make mobile games, not to mention those little studios that have a huge need for capital chains. From the developer's viewpoint, the female-to-super-casual game not only has low analysis and development costs, but additionally includes a relatively determined possible user group at home and abroad, which is very convenient to understand. This can be a good breakthrough direction for small sport companies or studios which have been strike hard by the epidemic. However, the bonus of casual mobile games will also create a potential risk, that is, the ultra-short growth time allows the mobile sport marketplace to be included in a large number of casual games, and aggressive mobile games that require an extended development time will undoubtedly be robbed of assets. . So, will the male players who pursue aggressive and the sense of accomplishment of clearance shed, or even quit the ranks of mobile game players the most? This is undoubtedly a fatal blow to the transformation of the mobile market of conventional game manufacturers.

The characters, vehicles, and the appearance of firearms in the peace elite can all become toll points. The image originates from the Internet If you want to attract high-viscosity male and feminine users simultaneously, then major sport manufacturers may make reference to Tencent's "Honor of Kings" and "Peace Elite" two games to attract male players with competitive gameplay. Functions such as for example skins can attract feminine players and create charging factors. The e-sports industry is more and more powerful, and League of Legends is hardly a successor. In the past couple of months, e-sports has become increasingly more popular due to the suspension of sports events around the world. Numerous traditional sports TV channels also have begun to broadcast e-sports games such as for example basketball, football, rugby, and racing games. But in the game live life broadcast industry, Twitch is still one of the most popular live broadcast systems, and its own data has already reached fresh heights during the epidemic. In the weeks following outbreak, the amount of live sport views reached 869 million minutes per day, an increase of 20% when compared to two weeks before the pandemic. The most popular game live life broadcasts viewed by users are League of Legends and Call of Duty. Two games.

Views information from January to March on Twitch, pictures from the Internet Jason Lake, CEO of Complexity, the gaming business, said: “You can view that millions of people who didn't know anything about e-sports are now participating in the game.” Along with gaining more audiences, e-sports is still The epidemic period has attracted more sponsors. Not long ago, the world-renowned automobile manufacturer BMW (BMW) announced that it will sponsor e-sports groups within Britain, Germany, Southern Korea and China. Actually, mainstream companies getting into the e-sports industry to expand their impact among teenagers aren't new. As early as 2018, after China's RNG e-sports golf club and IG e-sports golf club swept the League of Legends international championship title, famous manufacturers such as for example Mercedes-Benz and Chevrolet Auto manufacturers begun to sponsor LPL (China League of Legends Best League) groups. Mercedes-Benz actually obtained the chief naming correct of LPL.

Poster of the 2019 LPL Summertime Finals, the image originates from the Internet As traditional entity producers pay more and more attention to younger design, e-sports, as a super portal for young users, has become a battleground. Albi Pagenstert, Head of Brand name Strategy and PR of BMW America, said within an interview: "This sponsorship isn't to sell cars to players, but to increase its influence on the list of new era of people. Because e-sports is currently young The crowd includes a great influence." This is also a clear sign that e-sports is increasingly accepted and acknowledged by the mainstream society. And all parties' capital expense in e-sports is also growing, and e-sports is just nearby as a world-recognized sport. However, the near future growth of the e-sports industry isn't without risks. The current e-sports industry has such a large market viewers, "League of Legends" will be indispensable. Its programmer fist and operator Tencent's successful procedure of the game's peripheral e-sports industry has made it a phenomenal sport. However, this has caused the current viewers in the e-sports industry to focus on a large area of ??the sport "League of Legends", and other games have much less attention than this sport. Needless to say, both Overwatch and PlayerUnknown's Battlegrounds that have appeared previously few years have tried to drive the growth of the encompassing e-sports industry through the game itself. Unfortunately, their R&D operators either haven't any e-sports gene or the grade of the game itself is easy enough. So that it didn't threaten the dominance of "League of Legends" in the e-sports industry. Assuming that the reputation of "League of Legends" drops, plus there is absolutely no brand new king sport to take over, then the entire e-sports industry will be affected.

In the past two years, the good international results attained by the Chinese division have made "League of Legends" lots of heat. The image originates from the Internet Super IP + fresh technology may be the way out for future online games? Although in the first quarter of 2020, the amount of downloads of sport products, the amount of online users, and the sales of hardware devices have repeatedly hit fresh highs, major sport manufacturers also have encountered difficulties in producing. In February 2020, there was no new sport in the very best ten of the sport revenue listing, and there were only 4 fresh games that entered the App Store's best 200 best-selling listing, setting a new low in modern times. The quantity of video marketing during the same time period Among the top 50, you can find only 3 fresh games. Plus some big IP sequels such as for example "Diablo 3" and "Call of Duty" series rely on the excellent sport quality of the prior games and good enough sport content to keep to sell well. Although every major game manufacturer offers its flagship items, just how these games are performed in real life still needs to rely on computers or consoles. Recently, the addition of fresh technologies such as for example cloud streaming technology, motion capture, AI training, and VR\AR has allowed the game industry to build up towards lightweight, cloud-based, and practical development. These fresh technologies are more or less showcased by sport manufacturers at major sport exhibitions or curently have a certain group of players, such as for example Microsoft's "Airline flight Simulator 2020", and the VR audio game "produced by Facebook's studios" "Rhythm Lightsaber" and Valve VR masterpiece "Half-Existence: Alex" are flagship sport works that may represent the near future development of the game industry.

"Half-living: Alex" has become a representative of a new era of VR games, the picture originates from the Internet Later on game industry, the intervention of new technologies has become a formality, but even during the epidemic period, the info of the game industry is really good, it will still devote some time for new technologies to be popularized in the game industry and enter the homes of mass players. Taking VR/AR for example, I believe that most folks are very desiring the future games depicted within "Ready Player A single". The games in this film are developed predicated on VR and AR. Players come in a totally virtual space. Can play games freely.

The description into the future game in "Top Player" is fascinating, the picture originates from the Internet Certainly, VR and AR games are both development development of future games, also it seems that they are really likely to become people's mainstream enjoyment in the future. But the reputation of VR and AR games has an insurmountable mountain-hardware devices. At existing, the costs of VR and AR sport devices in the marketplace are usually relatively high. Consuming Samsung Xuanlong MR+VR eyeglasses somatosensory game system for example, its selling price has already reached 3999 yuan, while some domestic VR sport devices such as for example Aiqi Art's Adventure 2S is also 2199 yuan.

The expensive VR glasses, the picture originates from the screenshot of Jingdong official website Such a price will not appear to be very costly, but they cannot form an unbiased game operating platform like PS4 and Xbox. Players still need to configure a higher PC computer for use when working with VR devices, plus the purchase of games Price, which makes it very expensive for players to utilize VR devices to play games. Therefore, the current VR games in the marketplace often exist within the promotional videos of major sport exhibitions or VR sport experience halls within shopping malls. Apart from the novel gameplay expertise, there is minimal player stickiness at all. Along with hardware issues, the innovation of sport content is also a major challenge for future game growth. Since VR/AR entered the game marketplace in 2015, the majority of the items produced by major producers have added VR gameplay to the initial product line, even though some well-known functions such as for example "Call of Duty" and "Grand Theft Auto" "The response is good, however the loyal players of these masterpieces are too big, and the game behaviors of the player community for many years have been solidified. Thus, it is problematic for such games to attract more player organizations through VR gameplay, and it is furthermore difficult to open a predicament in the emerging future game industry. This leaves several opportunities for some motion picture and television or novel IP outside the game circle. Pokemon Move, which became popular worldwide in 2016, is a very good example.

"Pokemon Go" is still hot in 2020, the image is from the official site of Pokemon Go

Pokemon, a good anime that has been popular worldwide for decades, carries the youthful recollections of various generations, and having the ability to go through the plot in film and television personally will do for many players to dig out their childhood feelings of Zhong Er wallet. In the end, who doesn't want a Pikachu? Thus, when major sport companies are investing big sums of money to seize the game market in the future, you may wish to take into account the joint growth of various film and television IPs which have been popular to form a dual complement of content + technologies, which will not only show the exterior world The new technologies that I have mastered may also make the game "split the circle" and attract more players through the classic IP. In an epidemic in 2020, the near future player user groups, game technology forms, and e-sports industry will develop in a good or bad direction, but whichever direction it really is, it will undoubtedly provide earth-shaking changes to the entire gaming industry. Change. Do you have any expectations for the game industry after the epidemic? Arrive and tell us in the comments section!

[en24news]

dpa-AFX stock exchange day at a glance: Dax is striving towards record high | 20/1/20

dpa-AFX stock exchange day at a glance: Dax is striving towards record high | 20/1/20

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GERMANY: – SPARKLY CHANGED – Positive overseas stipulations in the back of the eyes of investors on the German stock market are again heading for the Dax record in the new week (DAX 30). The broker IG estimated the stock market barometer on Monday just under two hours before the Xetra…

[zarafoodrecipe]

Woolworths up 2pc on $1.7b buy-back

The S&P/ASX 200 has received a boost from Woolworth's announcements this morning. Woolworths is up 2.2 per cent to $31.07 and the consumer staples sector is currently out-performing the rest of the market with a rise of 1.6 per cent compared to a 0.7 per cent rise in across the S&P/ASX 200 index. Information technology and healthcare are also out-performing. The communications sector is the worst performer with a drop of 0.4 per cent, dragged by Telstra falling 1 per cent to $3.28 and TPG Telecom falling 1.8 per cent to $6.82. Meanwhile the best performers on the broader All Ordinaries include Alliance Mineral Assets, up 5.7 per cent, and Australian Agricultural Holdings is up 5.4 per cent. Paragon Care is down 6.7 per cent and Stanmore coal is down 4.3 per cent. Woolworths will buy-back $1.7 billion worth of shares off market in May, has sold its Petrol business, and will shut 30 Big W stores over the next three years at a cost of $370 million. Woolworths has about 185 Big W stores around the country. "While the recovery in trading for Big W is encouraging and there remains further opportunity for improvement, the speed of conversion to earnings improvement is taking longer than planned," Woolworth chief executive Brad Banducci told the market today. The Big W division is expected to report a loss of between $80 million and $100 million in the current financial year, despite 6 per cent sales growth in the three months to the end of March. "We understand the impact that the store and distribution centre closures will have on our team and will endeavour to provide affected team members with alternative employment options within the Woolworths Group where possible." The S&P/ASX 200 has jumped 27 points to 6207 this morning, a rise of 0.4 per cent. Early leaders include Fortescue Metals, up 3.3 per cent to $7.34, and Afterpay Touch is up 2.9 per cent to $21.57. Eclipx Group is up 3 per cent to 66 cent. Early laggers include Regis Resources with a 1.8 per cent drop to $5.20 and Emeco Holdings is down 1.3 per cent to $1.90. Trading activity is intense around Fortescue and BHP, and AMP. AMP Capital has recorded a resounding win in an auction to buy Infratil's stake in the ANU Student Accommodation auction. This morning Infratil announced AMP Capital will buy its half share in the 30-year concession - and also secured the 50 per cent owned by one of Infratil manager Morrison's private clients. It means AMP Capital will buy full control of the student housing project and it is understood to be paying more than $700 million for the privilege. Macquarie Capital advised AMP Capital and is helping fund the deal. The funding package was said to be a key reason why AMP Capital emerged from the auction ahead of rival infrastructure manager Plenary Group, which also made a binding bid. Infratil first announced plans to seek to sell its 50 per cent stake in November. "We continue to believe that the ANU portfolio is the standout portfolio in the on-campus purpose built student accommodation sector in Australia in terms of both scale and quality. However, the broader platform Infratil intended to develop using the ANU portfolio as a cornerstone has not eventuated," Morrison & Co executive Mark Mudie told the market this morning. Infratil will instead focus on renewable energy, retirement services, and data and connectivity. Read the Street Talk item here. Asaleo Care has sold its tissue business to Solaris Paper for $180 million. The brands changing hands include Sorbent, Handee Ultra, and Deeko. Asaleo will keep its Australasian personal care and business to business operations, and the consumer tissue business in New Zealand the Pacific Islands. "The sale proceeds will significantly strengthen our balance sheet, reduce net debt and improve our leverage ratio," Asaleo's chief executive Sid Takla told the market this morning. "The sale enables us to concentrate on our core, higher margin, less capital-intensive businesses in Personal Care and business to business and continue to innovate and invest in our brands for long term growth." Asaleo last traded at 89.5 cents, up from an all-time low of 65.5 cents in December.

Sorbent toilet paper will now be owned by Solaris, after Asaleo Care sold it as part of a $180m deal. Credit:Simon Schluter Global miner Rio Tinto has confirmed that Tropical Cyclone Veronica will cut its iron ore production in 2019, but said it remains on track to meet the "lower end" of its full year production guidance. The miner said Pilbara iron ore operations are resuming following the cyclone, but the cyclone damaged its Cape Lambert A port facility. "As a result, Rio Tinto has declared force majeure on certain contracts and is working with its customers to minimise any disruption in supply," the miner said. Rio said the impact of the cyclone, combined with damage caused by a fire at the Cape Lambert A facility earlier this year, would result in lost production of about 14 million tonnes. "As a result Rio Tinto's Pilbara shipments in 2019 are expected to be at the lower end of the 338 and 350 million tonnes (100 per cent basis) guidance provided," Rio said. Shares in Rio Tinto are nearing the $100 mark, with the stock closing up 1.6 per cent on Friday, at $97.91. Funtastic warns it will deliver a loss for the second half of 2018-19 and margins will be lower than originally expected because of delays in Chill Factor products and the re-launch of Pillow Pets. It is also waiting to see how successful Toy Story 4 is. Accounts filed this morning show net profit for the first half down 60 per cent to $14.3 million. "Additionally, key retailers have become increasingly cautious following the relatively weak fourth quarter of 2018 retail sales and widely reported weakening of consumer confidence and this is expected to further impact revenues and margins in the second half," Funtastic told the market. It has secured $6 million in funding at 12 per cent interest from largest shareholder Jaszac, and has not yet selected a new chief executive from a candidate short list. IG MARKETS SPONSORED POST SPI futures up 18 points or 0.3% to 6189 AUD +0.3% to 70.96 US cents On Wall St: Dow +0.8% S&P 500 +0.7% Nasdaq +0.8% In New York, BHP +1.2% Rio +1.4% Atlassian +3.6% In Europe: Stoxx 50 +1% FTSE +0.6% CAC +1% DAX +0.9% Spot gold +0.2% to $US1292.38 an ounce Brent crude +0.8% to $US68.39 a barrel US oil +1.4% to $US60.14 a barrel Iron ore +2.5% to $US86.81 a tonne Dalian iron ore +1.9% to 633 yuan LME aluminium +0.5% to $US1912.50 a tonne LME copper +1.9% to $US6482.50 a tonne 2-year yield: US 2.26% Australia 1.46% 5-year yield: US 2.23% Australia 1.43% 10-year yield: US 2.41% Australia 1.77% Germany -0.07% US-Australia 10-year yield gap: 64 basis points Good morning and welcome to Markets Live. Your editor today is Lucy Battersby (lbattersby@theage.com.au). This blog is not intended as financial advice. IG MARKETS SPONSORED POST The ASX is set for a bright start to the month on the back of a strong performance by Wall Street on Friday. A new day, week, month and quarter today; and what a difference a little time can make. 3 months ago, at least for some, global financial markets stood at the brink of ruin. It was December 24 last year that the S&P500 hit its low, but it wasn't until the start of January that something resembling a turnaround in US stocks transpired. Fast forward to now, and Wall Street is over 12 per cent higher, and though at stages has looked extremely vulnerable to turnarounds, or at least pull-backs, to date, no such thing has occurred. And now, after Friday's trade, the whispering speculation is whether the S&P is headed for new all-time highs. Signs of a pick-up in risk appetite are becoming more apparent on the ASX, though. The play into tech and bio-tech are always good signs. A fluke rally in iron can persist in the short-term and keep the materials space performing well. The fall in the Australian Dollar and RBA rate expectations has done its bit to bolster the market as well, attracting capital to our markets, and inspiring a chase for yield in defensive sectors. https://www.smh.com.au/business/markets/rio-tinto-iron-production-sliced-by-cyclone-20190401-h1d0sz.html?ref=rss&utm_medium=rss&utm_source=rss_feed

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New Post has been published on Forex Blog | Free Forex Tips | Forex News

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Brexit Briefing: Austria Brings Populism Back Into Focus

Talking Points

– Austria will hold a snap election in October and the Eurosceptic right-wing Freedom Party will likely be a member of a new governing coalition.

– That’s a risk for the Euro, which is currently benefiting from Donald Trump’s problems in the US.

– Check out the DailyFX Economic Calendar and see what live coverage of key event risk impacting FX markets is scheduled for the week on the DailyFX Webinar Calendar.

Elections have already passed this year in the Netherlands and France without giving the markets too much to worry about, and are likely to pass too in France (again), the UK and Germany without upsetting the applecart. But what about Austria?

The little Alpine nation that was once at the heart of an empire and is now an EU member is to hold an early snap parliamentary election on October 15 after persistent rows within the governing coalition. As a result, the far-right Freedom Party (FPÖ), which is Eurosceptic, anti-immigration and anti-Islam, could become a member of a new ruling coalition.

While this would not have the market impact a far-right victory in France would have had, it would certainly bring the subject of populism back into focus after the votes for Donald Trump and Brexit, and would again raise the specter of a Euro-Zone breakup.

The FPÖ led the opinion polls for more than a year before the conservative People’s Party (ÖVP) elected 30-year-old Foreign Minister Sebastian Kurz as its new leader on Sunday, putting it ahead of the FPÖ. Kurz has been likened to France’s Emmanuel Macron and has revitalized his party. However, no party is likely to win outright, and the FPÖ could well become part of a new government.

An EU referendum – like the UK’s – would unlikely be held immediately, but strong pre-election polling by the FPÖ would clearly be a risk for the Euro and help curb the recent strength of EUR/USD on Trump’s mounting problems.

Chart: EUR/USD Daily Timeframe (2017 to Date)

Chart by IG

— Written by Martin Essex, Analyst and Editor

To contact Martin, email him at martin.essex@ig.com

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