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9 10, 2024

XAG/USD bears have the upper hand near three-week low, $30.00 holds the key: Analytics and Market news from 9 October 2024 04:28

By |2024-10-09T10:55:18+03:00October 9, 2024|Forex News, News|0 Comments


  • Silver attracts some sellers for the third successive day on Wednesday.
  • The technical setup supports prospects for a further depreciating move.
  • Any attempted recovery is likely to remain capped near the $31.00 mark. 

Silver (XAG/USD) struggles to capitalize on the overnight bounce from the vicinity of the $30.00 psychological mark, or a three-week low and trades with a negative bias for the third successive day on Wednesday. The white metal is currently placed just above the mid-$30.00s and seems vulnerable to prolonging its retracement slide from the highest level since December 2012 touched last week.

From a technical perspective, the recent repeated failures to find acceptance above the $32.00 mark constitute the formation of a bearish multiple-tops pattern on the daily chart. Moreover, oscillators on the daily chart have started gaining negative traction and validate the near-term bearish outlook for the XAG/USD. Hence, a subsequent slide below the $30.00 mark, towards testing the next relevant support near the $29.75-$29.60 confluence, looks like a distinct possibility.

The latter comprises the 100-day Simple Moving Average (SMA) and the 50-day SMA, which if broken decisively should pave the way for a further near-term depreciating move. The XAG/USD might then accelerate the fall towards the $29.00 mark and eventually drop to the $28.60-$28.50 support zone. 

On the flip side, any attempted recovery might now confront immediate resistance and remain capped near the $31.00 mark. That said, a sustained move beyond could trigger a short-covering move and lift the XAG/USD to the $31.55 hurdle en route to the $31.75-$31.80 region and the $32.00 mark. This is followed by the $32.25 supply zone, above which the white metal could aim to challenge the multi-year peak and make a fresh attempt to conquer the $33.00 round figure.

Silver daily chart

Silver FAQs

Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.

Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold’s. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.

Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.

Silver prices tend to follow Gold’s moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.

 





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9 10, 2024

The dietary supplement industry’s counterfeit conundrum

By |2024-10-09T09:57:19+03:00October 9, 2024|Dietary Supplements News, News|0 Comments


Counterfeiting may not be the oldest profession but it’s certainly among the most common and consistently vexing of criminal acts, one that hits everything from Gucci bags to greenbacks. In supplements, however, the problem is especially troubling and difficult to control.

In a “Mindshare” session at NBJ Summit—a gathering of executives that included Amazon Customer Trust Director Katharine Lister and NOW Foods CEO Jim Emme, whose company has loudly called out the problem—participants agreed that counterfeiting supplements is complex, difficult to measure and can only be addressed by an alliance of industry, regulators, law enforcement and retailers both online and brick-and-mortar.

Lister, Emme and the session’s attendees discussed five topics:

  • Public health education—Teaching consumers how to shop for quality supplements and avoid counterfeits is an idea that might sound obvious but needs to be done carefully to avoid scaring consumers off altogether. The fact that few “how to buy quality supplements” education programs have emerged from trade associations and other groups illustrates how complicated the task could be. 

  • Technology— Holograms, QR codes and radio frequence ID tags (RFID) on bottles and shipments have all been put forward as methods to trace goods and combat counterfeits, but some in the group pointed out that technology can also turn into an arms race with clever counterfeiters who can copy the technology and might do little to stop unscrupulous sellers.

  • Brick-and-mortar alliance—Natural retailers have long been the curators and gatekeepers for the supplement industry, employing standards that allow consumers to feel confident in their purchases. That same gatekeeper role could highlight confidence with regards to counterfeit as well. Natural retailers could assure consumers that they are selling the real goods because they come directly from the brands and qualified distributors—not through the behind-the-curtains network resellers use.

  • Online alliance—Among the biggest takeaways of the entire summit was Amazon’s readiness to engage with the industry. Ideas that executives in the session expressed included a system to report obviously exaggerated/impossible label claims that often indicate counterfeits.

  • Law enforcement engagement—Much of the frustration expressed in the session was directed at regulators, including the FDA, who many believe have done little to combat counterfeiting and show disregard for obvious safety issues. Going beyond regulators was a perhaps more urgent and important next step. Locking up counterfeiters could be the only way to keep them from simply moving on to fake a different brand when they get caught.





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9 10, 2024

Dogecoin Price Prediction: DOGE Is Due For Parabolic Surge To $2.2

By |2024-10-09T09:22:09+03:00October 9, 2024|Crypto News, News|0 Comments

A new Dogecoin price prediction has put it on another bullish path and this time, forecasting that the meme coin is destined for new all-time highs. In particular, crypto analyst @Kev_Capital_TA on X made a notable forecast regarding the meme coin that could see it finally cross the $1 market. This is entirely based on the past performance of the Dogecoin price, taking into account the average number of days it takes for each parabolic surge to materialize.

DOGE Is Due For A Surge

The crypto analyst explained that so far, the Dogecoin price has maintained an average of 1,095 days for each cycle before a parabolic surge. Naturally, with this trend holding so far, this year is expected to be no different and the Dogecoin price is expected to follow it.

Presently, though, the Dogecoin price has crossed the average number of days and the parabolic surge is yet to take place. This suggests a delay, but it does not necessarily mean that the surge will not happen soon. Rather, this could mean that the Dogecoin price is due for a surge.

DOGE has has now 1,246 days since the last parabolic surge with no bullish momentum in sight. This puts the surge more than 150 days behind schedule already. On a more bearish note, this delay could mean that the Dogecoin price is finally breaking away from this trend.

The crypto analyst points to the fact that DOGE is behind schedule and still trending down as a reason this might be the case. “Yes #DOGE is 151 days behind schedule. The four year cycle is showing clear evidence of potentially being broken. Don’t attack the messenger just be grateful I am hear for you to provide such info.”

However, the crypto analyst’s chart shows what could happen if the Dogecoin price were to complete the parabolic surge this time around. From the current low price of around $0.1, DOGE could rise as high as $2.2, which would be an over 2,100% increase from here.

Whales Could Push Dogecoin Price Higher

Despite the Dogecoin price not following the 4-year parabolic trend, it has not eroded bullish sentiment, especially among whales. Another crypto analyst, Ali Martinez, noted that DOGE whales have been positioning themselves for a move to the upside.

This means that the DOGE whales are still expecting a move up for the Dogecoin price. This is further strengthened by the fact that Q4 2024 is expected to be bullish for the crypto market. If the Bitcoin price continues to rise, so will the Dogecoin price.

DOGE price maintaining support | Source: DOGEUSDT on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com



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9 10, 2024

Morgan Stanley raised its Brent price forecast to $80 a barrel (from $75) for Q4 2024 — TradingView News

By |2024-10-09T08:54:22+03:00October 9, 2024|Forex News, News|0 Comments


Morgan Stanley has bumped its forecast for Brent crude oil in the final quarter of 2024 to $80 / Barrel

  • up from its previous forecast of $75

MS cite heightened geopolitical risk.

MS are wary though, saying demand is weaker than expected and supply has been robust. And thus warn of a widening surplus in the market into next year.

—

Oil update, dipped back from its recent high on Wednesday:

  • Forexlive Americas FX news wrap 8 Oct:Some of the major currency pair following technicals



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9 10, 2024

Japanese Yen Forecast: Will USD/JPY Break 147.5 Amid BoJ Rate Hike Speculation?

By |2024-10-09T05:20:41+03:00October 9, 2024|Forex News, News|0 Comments

Rising consumer spending and inflation could increase expectations of a Q4 2024 Bank of Japan rate hike. A more hawkish BoJ rate path may lead to a USD/JPY drop toward 147.5.

BoJ and Interest Rates

Japan’s new prime minister, Shigeru Ishiba, recently poured cold water on expectations of a Q4 2024 BoJ rate hike, saying the country was not ready for further rate hikes. However, the BoJ’s latest regional quarterly report suggested a Q4 2024 rate hike remains possible.

The report showed improvement across all nine regions, although some reported weakness in part. Hokuriku and Tokai reported improving economic recoveries, while Kanto and Kinki, among Japan’s main regional contributors to GDP, reported moderate economic recoveries. A sustained recovery would likely boost expectations of a Q4 2024 BoJ rate hike.

Amidst shifting sentiment toward the BoJ rate path, investors should monitor BoJ Board Member speeches. Their insights could influence demand for the Yen and sentiment toward the BoJ rate path. While the Japanese government may comment on monetary policy, the BoJ remains independent.

Overview of the US Economic Calendar: FOMC Minutes and Fed Speakers in Focus

In the US session, the Fed will be under the spotlight. The FOMC Meeting Minutes from September will draw interest. The minutes will offer insights into the economic outlook and interest rate path, though the recent US Jobs Report could limit the impact on the USD/JPY.

Investors should also monitor FOMC member speeches. FOMC members Thomas Barkin, Austan Goolsbee, Philip Jefferson, and Fed Vice Chair John Williams are on the calendar to speak. Their reactions to the US Jobs Report and views on the timeline for a Fed rate cut could impact US dollar demand. Calls to delay rate cuts may push the USD/JPY toward 150.

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9 10, 2024

Derivio Launches “Play-to-Earn” Telegram DApp, Integrating Social Engagement and Gameplay

By |2024-10-09T04:56:29+03:00October 9, 2024|News, NFT News|0 Comments


Kingstown, Saint Vincent and the Grenadines, October 8th, 2024

Derivio, a trading-centric consumer blockchain backed by Binance Labs, officially launched its Telegram game on October 8, 2024. The game introduces Deeno, a character designed to drive user interaction through social media and community tasks.

Players start by claiming an egg that will eventually hatch into Deeno. To progress, players complete tasks such as sharing social media content and engaging with the Derivio community. These activities earn players the “Power of Faith,” which strengthens the egg and accelerates the hatching process. Once hatched, Deeno can be leveled up through additional quests, with users having the chance to unlock more rewards through mini-games, including a gold miner challenge.

Derivio’s Telegram game incorporates both gameplay and community interaction with the satisfaction of rewards achievement. By participating, players unlock resources and level up their character, with further opportunities for bonuses and exclusive rewards provided by Derivio and its partners.

Game Launch Details

Derivio’s Telegram game launched on Oct. 8. The game aims to foster interaction within the community through a blend of simple tasks and mini-games, encouraging continued engagement.

About Derivio

Derivio is a trading-centric blockchain focused on consumer-facing products, offering tools designed to enhance accessibility for everyday users. The platform’s products, including its Perpetual Exchange and Prediction Markets, aim to provide a secure, high-performance, and user-friendly experience. Derivio also uses cryptographic techniques like Fully Homomorphic Encryption to enhance security in its decentralized trading ecosystem.

Game Access: @DerivioBot

Website: https://derivio.xyz/

X (formerly Twitter): https://x.com/derivio_xyz

Discord: https://discord.gg/xDVqEAXPwj

Contact

Michel Ho
m@derivio.xyz

Disclaimer: Press release sponsored by our commercial partners.

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9 10, 2024

Rising Demand for Immune-Boosting Selenium Fuels Organic

By |2024-10-09T03:54:05+03:00October 9, 2024|Dietary Supplements News, News|0 Comments


NEWARK, DEL, Oct. 08, 2024 (GLOBE NEWSWIRE) — The global Organic Selenium industry has an estimated market valuation of USD 402.3 million in 2024 and is projected to grow at a CAGR of 4.2 % to reach a market valuation of USD 607.1 million by 2034.

As the health standard becomes progressively higher amongst consumers, the organic selenium sector is also growing rapidly, responding to the demands in consumer needs modification. Alltech stands out in the competition due to the responsible minerals sourcing. This not only brings environmental benefits but also influences and attracts the attention of clients who prefer purchasing eco-friendly goods.

Another major influence is collaborative innovation as shown by Twinlab joining efforts with other firms in new selenium products. This ensures sharing of knowledge and inputs in the creation of progressive formulations that serve many needs of different consumers. NutraBio is taking a product development approach. Such attentiveness enables the company to develop products that appeal to the market and thereby earn their loyalty.

Clean label agenda is something that Bluebonnet Nutrition highlights, assuring that it does not use additives nor preservatives in its selenium supplements. Such clarity is becoming more critical as personal health and the appetite for clean, healthy foods are on the rise. Also, MegaFood is capitalizing on the trend of plant-based supplement products by introducing vegan-friendly selenium supplements. By doing so, it not only extends its customer base but also adheres to the principles practiced by most health-conscious individuals.

Through these innovative strategies, manufacturers are effectively positioning themselves in the competitive organic selenium industry, catering to the evolving preferences of consumers while promoting health and sustainability. These targeted measures are indeed evolving the companies in line with the level of consumers and the required health and eco-friendly elements.

Country-wise Insights

Countries CAGR 2024 to 2034
The USA 3.1%  
Germany 3.9%  
China 5.3%  
India 6.5%  
Japan 4.8%  

Key Takeaways from the Global Organic Selenium Market Study:

  • Companies such as Life Extension are improving the bioavailability and absorption efficiency of selenium-containing products by focusing on formulations that maximize absorption.
  • Selenium is also added to nutritional snacks and breakfast cereals by such companies as Nature Valley to provide consumers with health benefits in an easily consumable form.
  • Application of organic selenium within the animal feed industry is on the rise, with manufacturers such as Alltech formulating products with a focus on higher animal productivity and better health.

“For better market penetration, organic selenium producers must invest in personalized nutrition strategies, utilize modern delivery formats, and go for green certifications to attract health-conscious individuals and create brand loyalty,” says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.)

Who is winning?

There are several players in the organic selenium business owing to the stiff competition and hence there are efforts made that focus on the enhancing bioavailability of selenium and the incorporation of selenium in functional foods. Alltech has set new standards by developing selenium-fortified animal feed. Manufacturers are changing tactics and adopting new technologies without compromising on the environment. NOW Foods is implementing new packaging technologies to improve product durability and increase environmental consciousness. These strategies reveal the dynamic and progressive nature of the market as innovations and consumer-oriented approaches drive the industry.

  • Life Extension has unveiled a new selenium dietary supplement that has united the high-bioavailability selenium with several other immune-enhancing nutrients as additional features. This product intends to satisfy one of the most emerging trends in consumers toward effective food supplements.

Some of these leaders of the global Organic Selenium market include Alltech, Wuhan Pharma Chemical Co., Ltd., Adisseo, Diamond V, Chia de Gracia FI, BIOGENA, Pharma Nord Inc., AngelYeast Co., Ltd., CHENGDU SUSTAR FEED CO., LTD, Pharmovit Dystrybucja, Earthier, Orffa, and Others.

Click Here to Access the Report! https://www.futuremarketinsights.com/reports/organic-selenium-market

Get valuable insights into the Global Organic Selenium Market:

Future Market Insights, in its new offering, provides a thorough, detailed, and unbiased analysis of the Global Organic Selenium Market, presenting Historical Demand data for the years 2019-2023 and Forecast statistics for the years 2024-2034. The study categorizes valuable insights on the Global Organic Selenium Market based on form, grade, applications, and region. As per form, the industry has been categorized into Selenium Yeast, Selenium Methionine, Selenium-enriched Yeast, and Others. As per grade, the industry has been categorized into Food, Feed, and Industrial. By applications, the market is further categorized into Dietary Supplements, Animal Feed, Cosmetics, Agriculture, Pharmaceuticals, and Others. Industry analysis has been carried out in key countries of North America, Latin America, Western Europe, Eastern Europe, Balkans & Baltic, Russia & Belarus, Central Asia, East Asia, South Asia & Pacific, and the Middle East & Africa.

Key Segments of the Report

By Form:

As per form, the industry has been categorized into Selenium Yeast, Selenium Methionine, Selenium-enriched Yeast, and Others.

By Grade:

This segment is further categorized into Food, Feed, and Industrial.

By Applications:

This segment is further categorized into Dietary Supplements, Animal Feed, Cosmetics, Agriculture, Pharmaceuticals, and Others.

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, Western Europe, Eastern Europe, Balkans & Baltic, Russia & Belarus, Central Asia, East Asia, South Asia & Pacific, and the Middle East & Africa.

About the Food & Beverage Division at Future Market Insights:

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

German Translation

Die globale Branche für organisches Selen hat im Jahr 2024 einen geschätzten Marktwert von 402,3 Millionen USD und wird voraussichtlich mit einer durchschnittlichen jährlichen Wachstumsrate von 4,2 % wachsen und bis 2034 einen Marktwert von 607,1 Millionen USD erreichen.

Da die Gesundheitsstandards bei den Verbrauchern immer höher werden, wächst auch der Sektor für organisches Selen schnell und reagiert auf die Anforderungen der veränderten Verbraucherbedürfnisse. Alltech hebt sich von der Konkurrenz durch die verantwortungsvolle Beschaffung von Mineralien ab. Dies bringt nicht nur Vorteile für die Umwelt, sondern beeinflusst und erregt auch die Aufmerksamkeit von Kunden, die lieber umweltfreundliche Waren kaufen.

Ein weiterer wichtiger Einflussfaktor ist die kollaborative Innovation, wie die Zusammenarbeit von Twinlab mit anderen Unternehmen bei neuen Selenprodukten zeigt. Dies gewährleistet den Austausch von Wissen und Inputs bei der Entwicklung fortschrittlicher Formulierungen, die viele Bedürfnisse verschiedener Verbraucher erfüllen. NutraBio verfolgt einen Produktentwicklungsansatz. Diese Aufmerksamkeit ermöglicht es dem Unternehmen, Produkte zu entwickeln, die den Markt ansprechen und so seine Loyalität verdienen.

Bluebonnet Nutrition legt besonderen Wert auf die Clean-Label-Agenda und versichert, dass in seinen Selenpräparaten weder Zusatz- noch Konservierungsstoffe verwendet werden. Diese Klarheit wird immer wichtiger, da die persönliche Gesundheit und der Appetit auf saubere, gesunde Lebensmittel steigen. Außerdem profitiert MegaFood vom Trend zu pflanzlichen Nahrungsergänzungsmitteln, indem es veganfreundliche Selenpräparate einführt. Dadurch erweitert das Unternehmen nicht nur seinen Kundenstamm, sondern hält sich auch an die Grundsätze, die von den meisten gesundheitsbewussten Menschen praktiziert werden.

Durch diese innovativen Strategien positionieren sich die Hersteller effektiv in der wettbewerbsintensiven organischen Selenbranche, indem sie den sich entwickelnden Vorlieben der Verbraucher gerecht werden und gleichzeitig Gesundheit und Nachhaltigkeit fördern. Diese gezielten Maßnahmen entwickeln die Unternehmen tatsächlich im Einklang mit dem Niveau der Verbraucher und den erforderlichen gesundheits- und umweltfreundlichen Elementen weiter.

Wichtige Erkenntnisse aus der globalen Marktstudie zum organischen Selen:

· Unternehmen wie Life Extension verbessern die Bioverfügbarkeit und Absorptionseffizienz von selenhaltigen Produkten, indem sie sich auf Formulierungen konzentrieren, die die Absorption maximieren.

· Selen wird auch von Unternehmen wie Nature Valley nahrhaften Snacks und Frühstückszerealien zugesetzt, um den Verbrauchern gesundheitliche Vorteile in einer leicht verzehrbaren Form zu bieten.

· Die Anwendung von organischem Selen in der Tierfutterindustrie nimmt zu, wobei Hersteller wie Alltech Produkte mit dem Schwerpunkt auf höherer Tierproduktivität und besserer Gesundheit entwickeln.

„Für eine bessere Marktdurchdringung müssen Hersteller von organischem Selen in personalisierte Ernährungsstrategien investieren, moderne Lieferformate nutzen und sich um grüne Zertifizierungen bemühen, um gesundheitsbewusste Menschen anzusprechen und Markentreue zu schaffen“, sagt Nandini Roy Choudhury (Kundenpartner für Lebensmittel und Getränke bei Future Market Insights, Inc.)

Wer gewinnt?

Aufgrund der starken Konkurrenz gibt es mehrere Akteure im Geschäft mit organischem Selen. Daher werden Anstrengungen unternommen, die die Bioverfügbarkeit von Selen und die Einbindung von Selen in funktionelle Lebensmittel verbessern. Alltech hat mit der Entwicklung von mit Selen angereichertem Tierfutter neue Maßstäbe gesetzt. Hersteller ändern ihre Taktik und übernehmen neue Technologien, ohne dabei Kompromisse bei der Umwelt einzugehen. NOW Foods implementiert neue Verpackungstechnologien, um die Haltbarkeit der Produkte zu verbessern und das Umweltbewusstsein zu stärken. Diese Strategien zeigen die dynamische und fortschrittliche Natur des Marktes, da Innovationen und verbraucherorientierte Ansätze die Branche vorantreiben.

Ø Life Extension hat ein neues Nahrungsergänzungsmittel mit Selen vorgestellt, das das hochbioverfügbare Selen mit mehreren anderen immunstärkenden Nährstoffen als zusätzliche Merkmale vereint. Dieses Produkt soll einem der aufkommendsten Trends der Verbraucher hin zu wirksamen Nahrungsergänzungsmitteln gerecht werden.

Zu diesen Marktführern auf dem globalen Markt für organisches Selen gehören Alltech, Wuhan Pharma Chemical Co., Ltd., Adisseo, Diamond V, Chia de Gracia FI, BIOGENA, Pharma Nord Inc., AngelYeast Co., Ltd., CHENGDU SUSTAR FEED CO., LTD, Pharmovit Dystrybucja, Earthier, Orffa und andere.

Erhalten Sie wertvolle Einblicke in den globalen Markt für organisches Selen:

Future Market Insights bietet in seinem neuen Angebot eine gründliche, detaillierte und unvoreingenommene Analyse des globalen Marktes für organisches Selen und präsentiert historische Nachfragedaten für die Jahre 2019–2023 und Prognosestatistiken für die Jahre 2024–2034. Die Studie kategorisiert wertvolle Erkenntnisse zum globalen Markt für organisches Selen basierend auf Form, Qualität, Anwendungen und Region. Gemäß der Form wurde die Branche in Selenhefe, Selenmethionin, mit Selen angereicherte Hefe und andere kategorisiert. Nach Kategorie wurde die Branche in Lebensmittel, Futtermittel und Industrie unterteilt. Nach Anwendung wird der Markt weiter in Nahrungsergänzungsmittel, Tierfutter, Kosmetik, Landwirtschaft, Pharmazeutika und Sonstige unterteilt. Branchenanalysen wurden in Schlüsselländern in Nordamerika, Lateinamerika, Westeuropa, Osteuropa, Balkan und Baltikum, Russland und Weißrussland, Zentralasien, Ostasien, Südasien und Pazifik sowie im Nahen Osten und Afrika durchgeführt.

Wichtige Segmente des Berichts

Nach Form:

Gemäß Form wurde die Branche in Selenhefe, Selenmethionin, mit Selen angereicherte Hefe und Sonstiges unterteilt.

Nach Qualität:

Dieses Segment ist weiter unterteilt in Lebensmittel, Futtermittel und Industrie.

Nach Anwendungen:

Dieses Segment ist weiter unterteilt in Nahrungsergänzungsmittel, Tierfutter, Kosmetika, Landwirtschaft, Pharmazeutika und Sonstiges.

Nach Region:

Die Branchenanalyse wurde in wichtigen Ländern Nordamerikas, Lateinamerikas, Westeuropas, Osteuropas, des Balkans und Baltikums, Russlands und Weißrusslands, Zentralasiens, Ostasiens, Südasiens und Pazifiks sowie des Nahen Ostens und Afrikas durchgeführt.

Author by:

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.   

She has exceptional analytical skills and often brings thought leadership to the table.  
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results. 

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.  
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor. 

Top Reports Related to Food and Beverage Market:

According to Future Market Insights research, during the projected period, the Chelated Selenium market is expected to grow at a CAGR of 5.3%. The market value is projected to increase from USD 1,016.8 Million in 2022 to USD 1,704.1 Million by 2032.

The global selenium yeast sector is estimated to be worth USD 280.7 million in 2024 and is projected to reach a value of USD 384.6 million by 2034, expanding at a CAGR of 3.7% over the assessment period of 2024 to 2034

Global Postnatal Health Supplements Market is expected to have generated USD 2.79 billion by 2023, along with a CAGR of 7.2% from 2023 to 2033.

The global green supplement market is estimated to reach a valuation of USD 563.3 Million in 2022. Furthermore, with rising applications in pharmaceuticals, dietary supplements, food & beverages, etc.

Our food and beverage analysts opine that protein supplement manufacturers can expect a stunning CAGR of 8.5% through 2033, with a current valuation of USD 27,780 million in 2023.

The global creatine supplement market size is set to be valued at USD 501 million in 2023. It is expected to reach USD 923 million by 2033.

The prenatal vitamin supplement market is estimated to be valued at USD 589.6 million in 2024. The prenatal vitamin supplement is predicted to rise at a CAGR of 10.1% from 2024 to 2034.

The global vegan supplements market is expected to reach a valuation of USD 4,830.2 Million by the end of 2022. It is set to accelerate with a CAGR of 11.3% during the forecast period from 2022 to 2032.

The global dietary supplement market size is expected to attain a valuation of around USD 170.1 billion by 2034. The market is anticipated to witness a steady CAGR of 9.5% in the assessment period 2024 to 2034. 

The global probiotic supplement market size is expected to reach USD 7,524.6 million in 2024. It is projected to exhibit steady growth during the forecast period, with global demand for probiotic supplements rising at 11.2% CAGR.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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9 10, 2024

Bounces off weekly low, flat above 148.00

By |2024-10-09T03:20:06+03:00October 9, 2024|Forex News, News|0 Comments

  • USD/JPY trades at 148.17 after hitting a low of 147.55, supported by buyers returning above the 148.00 level.
  • Technical outlook suggests upside potential with resistance at 149.14, followed by 149.39 and 150.00.
  • A drop below the Ichimoku Cloud at 146.60-80 could signal further downside for the pair.

The USD/JPY remains virtually unchanged after dropping to a two-day low of 147.55 amid hopes of a ceasefire between Hezbollah and Israel, as stated by Hezbollah’s prominent leader, according to CNN. At the time of writing, the pair trades at 148.17, flat.

USD/JPY Price Forecast: Technical outlook

Although the USD/JPY paused its uptrend, the pair resumed its advance.

The pair hit a weekly low of 147.34, but buyers moving in pushed the exchange rate above the 148.00 psychological figure, opening the door for further upside.

The Relative Strength Index (RSI) shows bulls in charge, even though it shows momentum paused.

For USD/JPY buyers to resume the uptrend, the first resistance will be the October 7 high at 149.14. A breach of the latter will expose the August 15 high of 149.39, followed by the 150.00 figure. Once those areas are surpassed, buyers will eye the 200-day moving average (DMA) at 151.13.

On the flip side, if USD/JPY drops below the Ichimoku Cloud (Kumo) at 146.60-80, this could pave the way for further downside.

USD/JPY Price Action – Daily Chart

Japanese Yen PRICE Today

The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the Swiss Franc.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   -0.05% -0.16% 0.00% 0.20% 0.15% -0.19% 0.34%
EUR 0.05%   -0.11% 0.07% 0.25% 0.20% -0.16% 0.38%
GBP 0.16% 0.11%   0.16% 0.35% 0.31% -0.06% 0.50%
JPY 0.00% -0.07% -0.16%   0.31% 0.14% -0.21% 0.34%
CAD -0.20% -0.25% -0.35% -0.31%   -0.05% -0.39% 0.14%
AUD -0.15% -0.20% -0.31% -0.14% 0.05%   -0.36% 0.21%
NZD 0.19% 0.16% 0.06% 0.21% 0.39% 0.36%   0.55%
CHF -0.34% -0.38% -0.50% -0.34% -0.14% -0.21% -0.55%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).

 

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9 10, 2024

Guild of Guardians Web3 game will get Frostmire expansion

By |2024-10-09T02:55:48+03:00October 9, 2024|News, NFT News|0 Comments



Guild of Guardians maker Immutable unveiled today the upcoming launch of Frostmire, a new expansion that will bring players into a snowy environment and introduce two Legendary Guardians.

Immutable said the expansion will go live on October 16. Frostmire is the largest GOG update since its launch, and will introduce brand new gameplay elements and leveling expansions, raising the Commander level maximum to 120 and unlocking new high tier equipment that will provide key benefits during battles. The game is a hybrid free-to-play and Web3 game that you can play without spending money.

Frostmire brings a new location for GOG faithful to explore, with snow swept mountain peaks and frozen plains that are rife with new lore and further expand upon the game’s main story as players seek the remaining Places of Power. I played the game and enjoyed it, taking my top characters above level 20. The game has great music and it forces you to pay attention to how each fight is going as your squad tries to take down a dungeon full of enemies.

Commanders will lead their Guardians on a pilgrimage to Wellspring, a place of ancient wisdom in the frozen wastes, uncovering the tragic and heroic tales of ancestors connected to one of the new heroes joining the fight against The Dread.

Guild of Guardians is getting an expansion.

“We want each GOG expansion to have a narratively compelling story that drives players to want to learn more about this world,” said Chris Clay, Guild of Guardians game director, in a statement. “Frostmire delivers a rich new location for players to explore, challenge their skills, and conquer, with new Guardians to help anchor the story and take Commanders along for the ride.”

Guild of Guardians creative designer, Ella Lowgren, said in a statement, “We wanted to show a new environment that stands in contrast to the lands that have been explored before, so this time the Commander and their Guardians are making their way to Stormkeep, which rests at the top of the tallest mountain in Frostmire. We used a different colour palette for this realm than has been used before, and the music also reflects the land in a whimsical way. With new enemies and surprises to be found in Frostmire, we can’t wait for players to check it out and let us know what they think.”

The two newest additions to the GOG lineup – Lisca and Dolvir – will unlock new gameplay options as players explore the frozen dungeons of the new setting, providing unique abilities alongside their teammates.

Dolvir, a Legendary warrior-style guardian known by many as “Earth’s Fury”, will allow players to add a powerful offense-based Guardian to their lineups with a distinct link to the natural world. The second new Legendary addition to the cast, Lisca, is a prolific hunter who grew up in Frostmire, bringing new ranged combat options to player’s team lineups with a witty sense of humor and love of sweet treats.

Guild of Guardians Web3 game will get Frostmire expansion
Lisca is a new character in Guild of Guardians.

“We’re excited for players to get to add these new Guardians to their lineups and test out the new synergies they bring to the squad,” said Clay. “Alongside our new Guardians, players will also unlock new level maximums for their Commanders and get the chance to craft new high tier equipment, helping to stack the odds in their favor for their next big adventure.”

Frostmire will raise the GOG level maximum for Commanders to level 120, bringing with it new potential unlocks and additional rewards for exploring the new frozen tundra. Additionally, the expansion will introduce Level 7 equipment and gear that can be used to outfit Guardians to provide additional benefits during gameplay and strengthen players’ squads. The new equipment and level maximum will also unlock additional content for players who have reached the end of GOG’s progression system, acting as a true expansion for longtime fans.

Frostmire will officially launch globally on October 16th and unlock the new Guardians Lisca and Dolvir for players to purchase or summon through the Altar of Sacrifice.

Dolvir is a new character in Guild of Guardians.

GOG has seen impressive growth since its launch in May, approaching a million downloads of the game and showing an impressive 250,000 monthly active users, outperforming other similar mobile titles. The game has also seen over $500,000 in rewards distributed through the Immutable Rewards program and continues to lead the web3 gaming industry as a key success factor for the sector.

Immutable Games aims to bring Web3 games to millions of players. As the gaming-focused arm of Immutable, Immutable Games has pioneered the blockbuster NFT trading-card game Gods Unchained and recently launched the highly anticipated mobile RPG Guild of Guardians.

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9 10, 2024

Gold (XAU/USD) Heads Toward $2600/oz Ahead of FOMC Minutes and US CPI

By |2024-10-09T02:50:32+03:00October 9, 2024|Forex News, News|0 Comments


  • Gold prices fell in the US session after a positive European session, influenced by renewed US Dollar strength and concerns about China’s economic slowdown.
  • Despite the pullback, ETF demand for gold remains strong, and geopolitical risks in the Middle East persist, suggesting buying pressure remains.
  • From a technical analysis perspective, gold has broken out of a recent range, and further support and resistance levels are identified.

Most Read: USD/CHF Technical Outlook: Confluence Area Hints at Bullish Breakout

Gold prices tumbled in today’s US session having enjoyed a positive European session to say the least. The precious metal rallied from a low of 2628 in the European session to trade at a high of 2652 before the US open. 

The US session however brought some renewed US Dollar strength, as Gold’s appeal appears to be waning. This was also the first US trading session since the National Development and Reform commission in China provided a briefing on the recent stimulus measures. The address today however failed to deliver any new measures and concern still lingers among many market participants. 

China, the largest global consumer of metals, has dampened metals demand for over two years. Despite the Peoples Bank of China buying significant amounts of Gold there have been growing concerns of a widespread economic slowdown, especially the property sector crisis, has pressured copper and other industrial metals. Despite numerous property support measures this year, they have yet to significantly boost metals demand.

This renewed concern around China could not have come at a worse time for Gold Bulls. The aggressive repricing of rate cuts over the last few days coupled with the lack of response to the Iranian missile attack has formed the perfect cocktail for a pullback in Gold prices. 

The question is whether this is the end of the bullish rally?

ETF Demand Remains Strong and Geopolitical Risks Remain 

That is a very nuanced question given the various factors at play. For one though, the Middle East crisis is far from being resolved and the chance of escalation is certainly higher following the Iranian missile attack last week. There is bound to be an Israeli response which Iran has vowed will be met by a new attack as well. 

These dynamics mean the Middle East situation could still blowover reigniting the safe haven appeal of Gold. Looking even further down the line, the World Gold Council September report was released today. 

According to the latest World Gold Council (WGC) report, net ETF inflows increased again in September. ETF flow levels are often seen as a strong indicator of future demand trends. Gold-backed ETFs added 18 tonnes of gold in September, bringing total holdings to 3,200 tonnes. This led to cumulative inflows of $1.4 billion for the month, marking the fifth consecutive month of inflows.

This data follows similar trends in August, when Gold ETFs saw $2.1 billion in inflows, and July, which recorded $3.7 billion—the highest since April 2022.

Source: WGC Report (click to enlarge)

This coupled with the World Gold Council survey of Central Banks earlier this year hint that Gold demand is to remain strong in the medium to longer term. This would suggest that support for Gold remains and thus the current pullback could just be another false dawn. Either way i am intrigued to see how far today’s pullback may run. 

Economic Data Ahead

FOMC minutes will be released tomorrow in what I expect to be a non-event following the jobs data release last week. The Fed meeting on September 18 would likely have been dominated by concern around an ailing labor market which last week’s jobs report put to bed for the time being. 

US CPI on Thursday is likely to be the next major market moving event, however tomorrow’s list of Fed Speakers may also contribute to some volatility.

Gold (XAU/USD) Heads Toward 00/oz Ahead of FOMC Minutes and US CPI

For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge)

Technical Analysis Gold (XAU/USD)

From a technical analysis standpoint, Gold had been caught in a tight range of around $30 since the start of October. There were brief tests below the 2640 handle in recent days but the four-hour candle always closed back inside the range low at 2640. 

The breakout today has been quite aggressive with Gold reaching a low around the 2604 handle before bouncing to trade around 2614 at the time of writing. As mentioned technically Gold is due for a deeper pullback but the fundamental risks continue to underpin prices and keep selling pressure at bay.

If the selloff continues tomorrow, immediate support rests around 2600 before the 2574 handle comes into focus. 2574 could prove a tough hurdle to clear as just below it rests the 200-day MA making this a key area of confluence that could find some buying pressure.

Alternatively, a recovery from here may face a challenge at 2624 before the 100-day MA at 2630 becomes key. Beyond that and the previous H4 range low at 2640 could be key for bulls to regain control of the narrative moving forward.

GOLD (XAU/USD) Four-Hour (H4) Chart, October 8, 2024

Source: TradingView (click to enlarge)

Support

Resistance

Follow Zain on Twitter/X for Additional Market News and Insights @zvawda

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Zain Vawda

Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst.

He has spent the last 3 years in an analyst role honing his skills across various financial domains, including technical analysis, economic data interpretation, price action strategies, and analyzing the geopolitical impacts on global markets. Currently, Zain is advancing in obtaining his Capital Markets & Security Analyst (CMSA) designation through the Corporate Finance Institute (CFI), where he has completed modules in fixed income fundamentals, portfolio management fundamentals, equity market fundamentals, introduction to capital markets, and derivative fundamentals.

He is also a regular guest on radio and television programs in South Africa, providing insight into global markets and the economy. Additionally, he has contributed to the development of a financial markets course approved by BankSeta (Banking Sector Education and Training Authority) at NQF level 6 in South Africa.

Zain Vawda





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