APP

Isabel Schnabel: The Eurosystem’s operational framework

Retrieved on: 
Wednesday, April 3, 2024

This box investigates how households have responded to the 2021-23 inflationary episode using evidence from the ECB’s Consumer Expectations Survey.

Key Points: 
  • This box investigates how households have responded to the 2021-23 inflationary episode using evidence from the ECB’s Consumer Expectations Survey.
  • The findings suggest that households have primarily adjusted their consumption spending to cope with higher inflation.

Luis de Guindos: Interview with Naftemporiki

Retrieved on: 
Wednesday, April 3, 2024

This box investigates how households have responded to the 2021-23 inflationary episode using evidence from the ECB’s Consumer Expectations Survey.

Key Points: 
  • This box investigates how households have responded to the 2021-23 inflationary episode using evidence from the ECB’s Consumer Expectations Survey.
  • The findings suggest that households have primarily adjusted their consumption spending to cope with higher inflation.

Debate on: Is the inflation surge over and what are the lessons for monetary policy?

Retrieved on: 
Wednesday, April 3, 2024

Shocks to the shortages variable are constructed as deviations in the values from the sample mean.

Key Points: 
    • Shocks to the shortages variable are constructed as deviations in the values from the sample mean.
    • Shocks to the vacancy-to-unemployment ratio (labour market variable) are constructed
      as the actual value minus the value in the fourth quarter of 2019.
    • ?Indirect impact of energy prices on non-energy inflation? is the sum of the indirect effects of oil,
      gas and electricity prices.
    • 3

      Historical
      Rubric comparison of inflation episodes in the euro area ? headline and core
      Headline

      Core

      (percentage points)

      (percentage points)
      Current euro area episode
      Past global episodes

      Current euro area episode
      Past global episodes
      2

      2

      0

      0

      -2
      -4

      -2

      -6
      -8

      -4

      -10
      -12

      -24

      -18

      -12

      -6

      0

      6

      12

      18

      -6

      24

      Months around inflation peak

      -24

      -18

      -12
      -6
      0
      6
      12
      Months around inflation peak

      18

      Sources: BIS, Eurostat and ECB calculations.

    • The dark blue line represents the latest developments in headline and core inflation for the euro area, relative to the October
      2022 peak.
    • Non-energy industrial goods inflation refers to a panel of all euro area countries, while services inflation refers to
      a panel of 30 AEs and 28 EMEs.
    • Month = 0 is when the headline inflation value is at the highest during that particular episode.
    • The dark blue line represents the latest developments
      in non-energy industrial goods and services inflation for the euro area, relative to the October 2022 peak.
    • unprocessed
      food and energy

      HICPX

      8
      3.0

      3.0

      2.5

      2.5

      2.0

      2.0
      1.5

      1.5
      1.0
      Feb-24

      Jul-24

      1.0
      Dec-24 Feb-24

      Jul-24

      8

      7

      7

      6

      6

      5

      5

      4

      4

      3

      3

      2

      2

      1

      1

      Adjusted
      measures

      Difference
      4

      3

      2

      1

      0
      0
      0
      Feb-24 Jan-23 Jul-23 Jan-24
      Jan-23 Jul-23 Jan-24
      Feb-24 Jan-23 Jul-23 Jan-24
      Feb-24

      Dec-24

      Sources: Eurostat, March 2024 ECB staff short-term inflation outlook, Consensus
      Economics, Bloomberg and ECB calculations.

    • The ?adjusted?
      measures abstract from energy and supply-bottleneck shocks using a large SVAR, see
      Ba?bura, Bobeica and Mart?nez-Hern?ndez (2023), ?What drives core inflation?
    • Notes: 5-days moving average risk-neutral
      probabilities of inflation implied by five-year and tenyear zero-coupon inflation options.
    • 16

      8

      12
      Quarters

      16

      20

      Policy
      Rubriccounterfactuals
      Interest rate under alternative
      counterfactuals

      Counterfactual impacts on
      Inflation

      (percentages per annum)

      (annual percentage change)

      Baseline
      Earlier and longer
      Earlier, longer and higher

      8

      Baseline

      7
      6
      5
      4
      3
      2
      1
      0
      -1
      2021Q4

      2022Q4

      2023Q4

      2024Q4

      Earlier, longer and higher

      10

      2

      8

      0

      6

      -2

      4

      -4

      2

      -6

      0

      -8

      -2

      2025Q4

      Earlier and longer

      Output gap

      (p.p.

    • The RHS chart displays the impact on inflation (first panel) and output gap (second panel) for each of the hypothetical alternative paths of the interest
      rate.
    • As a caveat, financial feedback loops as well as feedback loops between inflation expectations and inflation are not activated.

Liquidity conditions and monetary policy operations from 1 November 2023 to 30 January 2024

Retrieved on: 
Wednesday, April 3, 2024

This box describes liquidity conditions and the Eurosystem monetary policy operations during the seventh and eighth maintenance periods of 2023, from 1 November 2023 to 30 January 2024.

Key Points: 


This box describes liquidity conditions and the Eurosystem monetary policy operations during the seventh and eighth maintenance periods of 2023, from 1 November 2023 to 30 January 2024.

Only 5 Weeks Left! Join Asia Photonics Expo 2024 and Shape the Future of Photonics Innovation

Retrieved on: 
Friday, February 23, 2024

SINGAPORE, Feb 23, 2024 - (ACN Newswire) - Asia Photonics Expo 2024 will be held from 6 to 8 March 2024 at Sands Expo and Convention Centre (Marina Bay Sands) Basement 2.

Key Points: 
  • SINGAPORE, Feb 23, 2024 - (ACN Newswire) - Asia Photonics Expo 2024 will be held from 6 to 8 March 2024 at Sands Expo and Convention Centre (Marina Bay Sands) Basement 2.
  • It provides the perfect opportunity for your brand to catapult into the Asia market.
  • APE brings together qualified photonics vendors across the holistic supply chain, offering chips, components, devices, equipment, and even application solutions.
  • Gain valuable insights and explore the challenges and opportunities that will shape the future of the photonics industry.

MINILUXE ANNOUNCES NORMAL COURSE ISSUER BID FOR CLASS A SUBORDINATE VOTING SHARES

Retrieved on: 
Wednesday, February 28, 2024

Boston, MA, Feb. 28, 2024 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) (“MiniLuxe” or the “Company”) announces today its intention to commence a normal course issuer bid through the facilities of the TSX Venture Exchange (the "TSXV") to repurchase, for cancellation, up to 2,800,000 Class A subordinate voting shares of the Company, representing approximately 5% of the Company's presently issued and outstanding Class A subordinate voting shares (the "NCIB"). The NCIB remains subject to the final approval of the TSXV.

Key Points: 
  • Boston, MA, Feb. 28, 2024 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) (“MiniLuxe” or the “Company”) announces today its intention to commence a normal course issuer bid through the facilities of the TSX Venture Exchange (the "TSXV") to repurchase, for cancellation, up to 2,800,000 Class A subordinate voting shares of the Company, representing approximately 5% of the Company's presently issued and outstanding Class A subordinate voting shares (the "NCIB").
  • Under the NCIB, the Company may not acquire more than 2% of its issued and outstanding subordinate voting shares in any 30-day period.
  • All Class A subordinate voting shares purchased by the Company under the NCIB will be cancelled.
  • The Company completed a normal course issuer bid on September 20, 2023, under which the Company purchased 63,500 Class A subordinate voting shares at an average price of $0.444 per share, for an aggregate purchase price of $28,213.

China Automotive Telematics Service Providers (TSP) and Application Services Research Report, 2023-2024: Competitive Landscape, OEM-led, Internet-backed, ICT-backed, Platforms of Third Party Suppliers - ResearchAndMarkets.com

Retrieved on: 
Monday, March 4, 2024

The "Automotive Telematics Service Providers (TSP) and Application Services Research Report, 2023-2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive Telematics Service Providers (TSP) and Application Services Research Report, 2023-2024" report has been added to ResearchAndMarkets.com's offering.
  • Next how to provide diversified, personalized and intelligent application services using telematics big data will become the focus of major OEMs forging brand differentiation.
  • At present, China's intelligent connected vehicle application services are mainly four scenario services: in-vehicle information services, after-sales information services, off-vehicle near-field services and off-vehicle remote services.
  • Therefore, emerging automakers such as NIO, Xpeng and Li Auto integrate the next-generation application service platforms with vehicle operating systems.

SOSTENGO The Fastest Growing Auto Insurance APP Targeting Hispanics Successfully Closes $3.8M Seed Funding Round

Retrieved on: 
Tuesday, March 5, 2024

MIAMI, March 5, 2024 /PRNewswire-PRWeb/ -- SOSTENGO, the leading Central American Insurtech company with a 100% self-serve end-to-end solution based in San Salvador, has raised $3.8 million in seed funding. Additionally, the company has extended the round by an additional $1 million for its expansion into the U.S. market.

Key Points: 
  • With 103% YoY premium growth, it pioneers accessible insurance, expanding regionally and targeting the U.S. Hispanic market.
  • Additionally, the company has extended the round by an additional $1 million for its expansion into the U.S. market.
  • Founded in El Salvador in 2021, SOSTENGO introduced a user-friendly, self-serving, accessible, and agile auto insurance APP.
  • SOSTENGO experienced a 103% year-over-year growth in premiums sold, reflecting the company's robust expansion and increasing impact in the insurance industry.

VAYK Reaffirm Cryptocurrency Strategy to Disrupt $64 Billion Short-Term Rental Market

Retrieved on: 
Thursday, February 29, 2024

DALLAS, Texas , Feb. 29, 2024 /PRNewswire/ -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") today reaffirmed that the company intends to introduce disruptive technologies into the $64 billion short-term rental market, including application of blockchain technologies such as cryptocurrency and non-fungible token (NFT).

Key Points: 
  • DALLAS, Texas , Feb. 29, 2024 /PRNewswire/ -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") today reaffirmed that the company intends to introduce disruptive technologies into the $64 billion short-term rental market, including application of blockchain technologies such as cryptocurrency and non-fungible token (NFT).
  • In March 11, 2022, Vaycaychella closed the acquisition of Definancial, Inc., a technology firm that owned a proprietary cryptocurrency exchange technology solution that was under development.
  • With new focus on domestic short-term rental market, the company aims to operate more short-rental properties in fast-growing metropolitan areas in continental United States.
  • The property in itself is a tourism attraction, and will be converted into a short-term rental property targeting tourists.

China Automotive Telematics Service Providers (TSP) and Application Services Research Report 2024: Next-Generation Application Service Platform will Build All-scenario Service Capabilities

Retrieved on: 
Thursday, February 29, 2024

DUBLIN, Feb. 29, 2024 /PRNewswire/ -- The "Automotive Telematics Service Providers (TSP) and Application Services Research Report, 2023-2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 29, 2024 /PRNewswire/ -- The "Automotive Telematics Service Providers (TSP) and Application Services Research Report, 2023-2024" report has been added to ResearchAndMarkets.com's offering.
  • Next how to provide diversified, personalized and intelligent application services using telematics big data will become the focus of major OEMs forging brand differentiation.
  • At present, China's intelligent connected vehicle application services are mainly four scenario services: in-vehicle information services, after-sales information services, off-vehicle near-field services and off-vehicle remote services.
  • Third, the next-generation application service platform will build all-scenario service capabilities covering intelligent driving, cockpit and connectivity.