All posts by steven

Market Watch

The S&P500 rallied 0.81% overnight erasing yesterday’s declines as the FOMC Meeting Minutes continued its dovish rhetoric and said continued stimulus would not risk sparking a jump in the inflation rate. Inflation is expected to remain within its 2 percent goal. Policy makers continued to say that last month the economy is showing signs of improvement and the job market is slowly picking up.

Further reduction in the monthly bond purchase program is likely to continue and they re-iterated that interest rates will remain on hold for a ‘considerable time’ once it concludes the purchase program. U.S 10-year notes yields rallied 0.85% on the back of the positive FOMC announcement, the yield gap between 5 and 30 year Treasuries widening to the highest level in a month.

Gold futures declined 0.50% as traders saw less need for the save haven metal once the FOMC announced there was no threat of inflation.

WTI crude rose to a one-month high after a government report showed that stockpiles tumbled last week as imports dropped to a 17 year low.

Tatami Mats Respected Flooring By Japanese Sensei

Judo

Judo, meaning “gentle way” is a modern martial art, combat and Olympic sport created in Japan in 1882 by Jigoro Kano (嘉納治五郎). Its most prominent feature is its competitive element, where the objective is to either throw or takedown an opponent to the ground, immobilize or otherwise subdue an opponent with a pin, or force an opponent to submit with a joint lock or a choke. Strikes and thrusts by hands and feet as well as weapons defenses are a part of judo, but only in pre-arranged forms (kata, 型) and are not allowed in judo competition or free practice (randori, 乱取り). A judo practitioner is called a judoka.

The philosophy and subsequent pedagogy developed for judo became the model for other modern Japanese martial arts that developed from koryū (古流, traditional schools). The worldwide spread of judo has led to the development of a number of offshoots such as Sambo and Brazilian jiujitsu.

History and philosophy

The early history of judo is inseparable from its founder, Japanese polymath and educator Jigoro Kano (嘉納 治五郎 Kanō Jigorō, 1860–1938), born Shinnosuke Kano (嘉納 新之助 Kanō Shinnosuke). Kano was born into a relatively affluent family. His father, Jirosaku, was the second son of the head priest of the Shinto Hiyoshi shrine in Shiga Prefecture. He married Sadako Kano, daughter of the owner of Kiku-Masamune sake brewing company and was adopted by the family, changing his name to Kano, and ultimately became an official in the Bakufu government.

Jigoro Kano had an academic upbringing and, from the age of seven, he studied English, Japanese calligraphy (書道 shodō) and the Four Confucian Texts (四書 Shisho) under a number of tutors. When he was fourteen, Kano began boarding at an English-medium school, Ikuei-Gijuku in Shiba, Tokyo. The culture of bullying endemic at this school was the catalyst that caused Kano to seek out a Jujutsu (柔術 Jūjutsu) dojo training place at which to train.

Early attempts to find a jujutsu teacher who was willing to take him on met with little success. With the fall of the Tokugawa shogunate in the Meiji Restoration of 1868, jujutsu had become unfashionable in an increasingly westernised Japan. Many of those who had once taught the art had been forced out of teaching or become so disillusioned with it that they had simply given up. Nakai Umenari, an acquaintance of Kanō’s father and a former soldier, agreed to show him kata, but not to teach him. The caretaker of his father’s second house, Katagiri Ryuji, also knew jujutsu, but would not teach it as he believed it was no longer of practical use. Another frequent visitor to Kanō’s father’s house, Imai Genshiro of Kyūshin-ryū (扱心流) school of jujutsu, also refused. Several years passed before he finally found a willing teacher.

In 1877, as a student at the Tokyo-Kaisei school (soon to become part of the newly founded Tokyo Imperial University), Kano learned that many jujutsu teachers had been forced to pursue alternative careers, frequently opening Seikotsu-in (整骨院, traditional osteopathy practices).[6] After inquiring at a number of these, Kano was referred to Fukuda Hachinosuke (c.1828–1880), a teacher of the Tenjin Shin’yō-ryū (天神真楊流) of jujutsu, who had a small nine mat dojo where he taught five students. Fukuda is said to have emphasized technique over formal exercise, sowing the seeds of Kano’s emphasis on randori (乱取り randori, free practice) in judo.

On Fukuda’s death in 1880, Kano, who had become his keenest and most able student in both randori and kata (形 kata, pre-arranged forms), was given the densho (伝書, scrolls) of the Fukuda dojo.[9] Kano chose to continue his studies at another Tenjin Shin’yō-ryū school, that of Iso Masatomo (c.1820–1881). Iso placed more emphasis on the practice of kata, and entrusted randori instruction to assistants, increasingly to Kano. Iso died in June 1881 and Kano went on to study at the dojo of Iikubo Tsunetoshi (1835–1889) of Kitō-ryū (起倒流). Like Fukuda, Iikubo placed much emphasis on randori, with Kitō-ryū having a greater focus on nage-waza (投げ技, throwing techniques).

Mats

Judo practitioners use tatami vinyl mats and also EVA jigsaw mats for training. The kind supplied by Ezymats.

Australian Dollar Lower

The posted its first back to back loss this month yesterday and fell against all the other majors after the RBA statement release. The daily decline of 1% was the largest since February as the AUD succumbed volatility and fear for the first time in 2 months. Local data coming out today includes Westpac consumer sentiment survey and wage price index for the March quarter from the Australian Bureau of Statistics.

The decline in the AUD shouldn’t have an impact on imported goods such as jigsaw mats in the short term. Should it persist or even go lower there could be an impact. For jigsaw mats already on the high seas there will be no change in pricing. In any case Ezymats will remain the supplier of the cheapest and best jigsaw mats on the market.

40mm EVA Foam Jigsaw mats

Market Watch

Overview of the Markets

The majority of European and American Equity markets finished in the green with only modest gains as the Dow Jones Industrial Average closed 0.27% at 16,491.31, just shy of historical highs. The NASDAQ and S&P 500 also rose 0.52% & 0.37% respectively. The markets rallied on the back of further signs the world’s largest economy is still improving as US building permits rose to 1.08m over the 1.01m forecast.

Gold remained relatively unchanged with only a $0.20 decline to close the week at US$1,293.40 while WTI Crude Oil jumped $0.52 up to $102.02 a barrel.

Elsewhere tension are still at boiling point in the Ukraine as Civil War starts to look more and more likely with fighting continues to rage as we draw closer to the May 25th presidential elections.

The AUD finished up for the third straight week and continued its push for a fourth straight month of gains, the longest rally in 4 years for the Aussie currency. With the absence of any major data on Friday the AUD drifted within a tight range to close almost unchanged. With a relatively quiet week locally.

Jigsaw mats pricing remains stable. They will remain so as long as the dollar is strong. It has been consistently been trading above $0.93USD. The 40mm jigsaw mat pricing is between $25.00 and $30.00 per mat depending on pricing.

Market Watch

In local markets yesterday, there was little in the way of economic data releases although the fallout from the budget continues as opposition governments vow to block reforms citing a “budget built on lies” however the budget projections have had minimal impact on the markets thus far.

Across US markets yesterday it was another positive day with PPI, CPI, Philly Fed Manufacturing numbers and Unemployment claims all outperforming expectations. PPI figures, released overnight on Wednesday showed that prices have increased by 0.6% against an anticipated 0.2%. CPI data showed growth at 0.3% which is the biggest gain since June 2013 and unemployment claims fell to the lowest level since May 2007. The Philly Fed continued its recent run of form posting the third consecutive outperform with a 15.4 reading against the anticipated 13.9.

In Europe, data continues to disappoint with CPI numbers as expected but well short of the ECB target inflation of 1% Italian GDP actually showed a contraction of 0.1% against an expected gain of 0.2% although Germany outperformed slightly with 0.8% gain against a 0.7% expectation. The continued sluggish growth in the region coupled with ongoing tensions in the Ukraine has given rise to speculation of potential interest rate cuts by the ECB to negative territory or a possible QE program as adopted by the US and UK. The announcement of their next move is expected on 5th June.

Elsewhere tensions continue to rise between Russia and the Ukraine with the Ukraine pushing on with operations to remove separatists from eastern borders. If Russia was to disrupt elections in the Ukraine, the US and other allied forces would impose further sanctions on Russia, already suffering from slower growth as a result of current sanctions.

No local data today but the Chinese Foreign Direct Investment number out at lunchtime might spark some much needed movement. The number, which represents the total investment capital made by foreign enterprises, economic organizations and individuals, above the previous read of 5.5% could see a boost for the Aussie in afternoon trading.

Emergency Car Battery Charger

Yatama Technology introduce new car jumpstart power banks

Yatama Technology has introduced a new range of Emergency jump start power banks. The new kit include a power bank and jumper cable which allow a user to jump start there car if the battery is flat. The new devise is great for people in a hurry or those who don’t have a mobile car service like NRMA. No more waiting for a jump start in the middle of the night. Just pull out your emergency jump starter kit and start your engine.

Kits start from 9000mAh and go up to 13,000mAh. The power bank can also charge mobile phones and other portable devises like GPS.