The daily edge 3 december 2018 trumped up! electricity and magnetism study guide answers


(…) Beijing pledged to give U.S. firms greater access to Chinese markets, saying that is in line with China’s commitment to continued economic liberalization. electricity word search ks2 But in the past, Beijing hasn’t meaningfully fulfilled such market-opening promises because of resistance from those with a stake in the status quo, such as state-owned firms. This time around, China is willing to consider putting in place a mechanism to measure its progress, the people said. (…)

“China isn’t giving away that much as German automakers like BMW and Daimler benefit the most,” said Janet Lewis, an analyst at Macquarie Capital Securities in Tokyo. “Longer-term, China has more to gain from free trade in autos,” with local Chinese manufacturers such as Guangzhou AutomobileGroup Co. and Geely Automobile Holdings Ltd. looking to move overseas, she said. (…)

So we got a truce after Xi gave Trump enough without committing to much. The pattern seems to be the same for all trade “deals”. But we only got a 3-month respite which will most likely be seasoned with more tweets and declarations in coming weeks. We are not out of the woods but we have learned that both Trump and Xi are, in the end, practical people concerned by the economic consequences of their decisions when faced with hard facts.

November’s IHS Markit Eurozone Manufacturing PMI signalled the continued growth slowdown of the single currency area’s manufacturing economy. Although remaining above the crucial 50.0 no change mark for a sixty-fifth month running, the final PMI came in at 51.8 in November, down from 52.0 in October and the lowest reading since August 2016.

Weakness was centred on the investment goods sector, according to market groups data. Capital goods producers registered net falls in both production and new work. Export trade was also down for a third month running, whilst cost pressures remained elevated. In contrast, solid growth continued to be recorded amongst consumer goods producers.

stagnation, whilst Germany saw its weakest expansion in over two-and-a-half years. In contrast, Spain saw a slight improvement in growth, whilst there were also stronger gains seen in Austria, Greece and Ireland. The Netherlands continued to register the highest expansion, despite the pace of growth slipping to its lowest in over two years.

With output rising at a time of falling new work, manufacturers were able to clear backlogs of work and build inventories of finished goods for a second month in succession. Meanwhile, on the jobs front, employment growth was sustained during November. k gas cylinder However, the weaker underlying trends in output and new orders spilled over into the labour market, with the net gain in payroll numbers the weakest since September 2016. Higher employment was recorded across all nations except France, where a slight decline was seen for the first time in over two years.

Input prices continued to increase at an elevated rate, despite inflation easing slightly since October. Price pressures remained especially acute in Germany and Austria, compared to the relatively weaker rises seen in Italy, Spain and Greece. Output charge inflation for the region as a whole remained at an above average rate, despite being the slowest recorded for 15 months.

Finally, latest data showed that sentiment about future output was little changed on October’s near six-year low. Concerns over trade and the future performance of the autos industry and political worries all served to depress confidence in November. German manufacturers remained especially downbeat, with outright pessimism again recorded.

The darker outlook is linked to trade wars and tariffs as well as intensifying political uncertainty and has led to increased risk aversion and a commensurate cutting back on expenditure, notably for investment. Producers of investment goods such as plant and machinery reported the steepest drop in demand in November, with reduced capital spending by companies compounded by on-going disruption of business in the autos sector.

November data pointed to a marginal improvement in Chinese manufacturing operating conditions. Companies signalled a slightly stronger increase in total new work, despite reduced amounts of export orders. Production was meanwhile stable for the second month in a row. Relatively muted client demand and efforts to lower costs contributed to a further reduction in staff numbers, while confidence towards the year ahead remained subdued. At the same time, inflationary pressures eased, with input costs increasing at the softest pace for seven months and selling prices falling for the first time in a year-and-a-half amid efforts to attract new business.

Chinese goods producers saw a slightly quicker, but still marginal, increase in total new orders during November. Data indicated that weaker external demand continued to weigh on overall sales, as export orders declined further midway through the final quarter. New business from abroad has now fallen in each of the past eight months. According to panellists, a combination of relatively subdued sales and stricter environmental policies meant that production levels were unchanged for the second month in a row.

Insufficient inventories of inputs at suppliers, alongside delays linked to environmental inspections, led to a further deterioration in vendor performance in November. electricity pictures Although purchasing costs continued to increase in November, the rate of inflation eased to a seven-month low. At the same time, efforts to stimulate client demand led to a renewed fall in prices charged by manufacturers. That said, the rate of reduction was only fractional.

The gauges for output charges and input costs both dropped significantly, in line with the weakening domestic commodities market, which was impacted by plummeting oil prices across the globe, expectations about the loosening of restrictions on factory production that governments impose on the grounds of environmental protection, and weakening demand. Upward pressure on prices of industrial products was eased somewhat.

Business confidence picked up from October’s 11-month low, but remained relatively weak in the context of the series history. While some firms anticipate new products and stronger demand conditions to boost output, a number of companies cited concerns over the impact of strict environmental policies and relatively sluggish market conditions. Slower improvements in output and demand drag Japan PMI lower

November survey data revealed that Japan’s manufacturing sector continued to expand, albeit to the weakest extent since August 2017. Weighing on the overall rate of improvement were slower rises in production and new orders. Export orders also increased at a weaker rate amid reports of softer demand from China and Europe. Meanwhile, firms were less upbeat towards future output than in October, with confidence falling to a two-year low. impact of electricity in the 1920s Nonetheless, additional staff were hired, while input buying grew at an accelerated pace.

Overall, growth in the sector was sustained, as has been seen since September 2016. However, the PMI was in part pulled lower by a softening in demand conditions. New order growth eased in November to a mild pace that was the joint-weakest in just over two years. A slower rise in sales to clients in foreign markets was also recorded. While inflows of new work from abroad were supported by other Asian markets such as South Korea and Taiwan, weaker demand from China and Europe limited the expansion. As a result, production growth moderated in November.

Outstanding business was accumulated to a lesser degree as a consequence of weaker growth in workloads. However, Japanese manufacturers continued to hire additional staff at a relatively solid pace. According to anecdotal evidence, employment was raised as part of efforts to improve production capabilities. Over twice as many panellists reported growth in payroll numbers as those indicating cutbacks.

On the supply side, evidence of further prolonging of input delivery times remained, with vendor performance deteriorating to a strong degree. gas in oil pressure washer Shortages of both stocks and labour were reportedly exacerbated by increased input demand. Survey data signalled an accelerated pace of input buying in November as firms sought to limit the impact of future raw material price rises and further supplier delays.

Panellists mentioned a number of inputs to be sources of cost pressures during November, including fuel, steel, paper, chemicals and food. Labour costs also edged up, contributing to a sharp rate of input price inflation that was close to October’s 91-month peak. As a response, output charges were lifted, extending the current bout of inflation to almost two years. That said, the increase was slightly softer than seen in the previous month.

The fall in Japan’s manufacturing PMI tells us that October’s bounce-back was indeed a transitory jump back to normality following weather-related disruptions in September. The underlying picture remains subdued, with momentum tilting towards a slowdown. New orders rose at just a slight pace as goods producers raised concerns about the demand environment. Subdued sales performances reflected fragile conditions both domestically and abroad. According to firms, weak demand from China and parts of Europe hampered export growth.

unless the BoC also downgrades its estimate of potential GDP, the output gap at the end of Q3 was worse than the –0.1% it is currently estimating. The household savings rate was also downgraded significantly, with Q2 revised down from 3.4% to just 1.0%. (…) the savings rate dropped further in the third quarter to just 0.8%. (…) Those downgrades, along with sinking oil prices and enhanved uncertainties with regards to globa growth, would justify a return to a more neutral stance by the BoC after it took a hawkish turn last October.

Meanwhile, the Fed chairman has given us an apparent Powell Put last week. Coincidentally, recent numbers suggest that inflation may be slowing significantly in coming months. arkansas gas prices Core PCE inflation was +0.1% MoM in October or +1.2% annualized. Last 3 months: +1.1% annualized, down markedly from +2.0% during the previous 9 months. This with a strong economy. And now this:

(…) the economists acknowledged a shift in tone while noting robust growth, steady inflation and falling unemployment should keep the central bank tightening monetary policy through next year. An increase this month is all but guaranteed. (…) The economy continues to grow faster than its long-term trend and unemployment is on track to fall below 3.5 percent, which will “keep the Fed on a continued hiking path,” they said. (…) OIL

According to the Alberta government directive, oil producers in the province need to cut a total 325,000 barrels a day of raw crude and bitumen—a heavy, raw form of crude similar in consistency to asphalt—until a glut of crude is drawn down, or the equivalent of an 8.7% reduction in output. The reduction is to begin Jan. 1. After that happens, the cut is set to drop to an average 95,000 barrels a day until Dec. 31, 2019, when the new rules expire.

In October, the discount on Alberta crude versus WTI breached the $50 mark, alarming producers and government officials in the province. The low price for Alberta crude is costing the Canadian economy about 80 million Canadian dollars ($60.2 million) a day in lost revenue, the Alberta government estimates. That is double the prior estimate of C$40 million a day the province made this summer.

With 231 of the 242 companies in the TSX Composite Index in, the beat rate is 52% and the surprise factor a strong 6.3%. The beat rate slips to 49% when excluding Technology (100% beat rate) with the highest beat rate at 56%. Q3 earnings are expected up 17.1%, thanks to a 41% jump in Energy earnings which account for 33% of total TSX earnings. Ex-Energy, earnings are seen up 7.9%. Q4 profits are seen up 7.6%, down from 12.9% on Oct. 1. Ex-Energy, the forecast drops to +2.9% which would result in full year 2018 earnings rising 13.4% (9.2% ex-E).

The reason risk management is so important, in my view, is that in one year from now 75% of the investable assets will be in the self-directed hands of pre-retirees and retirees. It is money that can’t afford another 50% loss, which could occur in the next recession. Imagine you are 60 or 70 years old and it was the top of the market in December 1999. Here is a look at just how long it would have taken you to get back to even.

short-term Demand, combined with an absence of intense selling, i.e., 80% or 90% Down Days, is likely sufficient to suggest a new sustained market uptrend is underway.” I don’t fancy Lowry’s wording “likely sufficient to suggest”. From my lens, its Supply/Demand chart remains inconclusive from a trend viewpoint. electricity worksheets for 4th grade Here’s NDR’s Volume Demand chart, also positive but …