Tag Archives: China

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.

Market Watch

The ASX closed the last session of the week down 0.29% at 5460.8 finishing the week almost unchanged with a small rise of 0.05%. The drop was attributed to lower than expected CPI data in China sending worries through the local markets. Further downside pressure came from speculation of what this week’s budget may hold for companies and consumer spending if the toughest budget in decades is delivered as expected.

Overseas we saw the European index’s closely follow APAC’s lead with the majors all closing down around the 0.30% mark while the US session managed to reverse this with the Dow Jones and Nasdaq finishing the week 0.20% and 0.50% respectively.

Gold had its second consecutive weekly fall closing at US$1288.70/oz as investors start to feel more confident in the equity and treasury market on the back of Fed Chairwoman Janet Yellen’s testimony earlier in the week.

WTI Crude Oil also finished the day down 0.27% at US$99.99 per barrel as tensions in the Ukraine eased but we expect to see further volatility during this week’s sessions after further parts of Eastern Ukraine voted for independence from Kiev in a referendum slammed by the West.

The Australian Dollar finished the week higher against most majors. This was due to the better than expected employment figures, now boosting confidence around a sustained jobs market recovery. Also the Strong Chinese trade report help push the Aussie higher. The RBA also released its quarterly monetary policy statement on Friday suggesting that interest rates will remain on hold for the foreseeable future.

AUD up nearly a cent in late trade

The Australian dollar is up by over $0.0080 in later trade. The 1% rise comes after the RBA kept interest rates on hold. Whilst the Reserve Bank indicated stability in the AUD the general sentiment is that interest rates will rise by the end of the year.

The ABS also reported a continuing trade surplus for Australia. Whilst the surplus was down, record trade with China ensured it stayed in positive territory.

The higher dollar should lead to lower prices for imports including EVA jigsaw mats such as the ones that Ezymats imports.

Britain and China sign RMB pact

Britain and China have signed an agreement to set up a clearing service for RMB trading in London on Monday. The deal comes days after Germany signed a similar deal with the Chinese. The deal allows both countries to trades convertible RMD.

Trade in the Chinese currency is currently restricted to just a few countries. This is part of the reason for friction with some of its trading partners who claim restricted trade in the RMB keeps its value artificially low. The Chinese dispute this rather pointing to a gradually inclusion in global currency markets.

Eymats CEO believes that it is only a matter of time before the RMB is fully convertible thus stream-lining trade between China and it’s trading partners. “I see a gradual loosening of China’s currency trading policy which will see  China increase it’s share  for payments moving past the Swiss Franc which is currently seventh on the scale” says CEO. The American dollar or USD as it is known is the leader of the pack.

AUD Report

 With no significant data releases domestically this week  the AUD continues to be stuck in its 50 point weekly trading range against most of the majors.

Today saw the Chinese HSBC Manufacturing numbers at 11.45am for the which were positive.  That and the negative data out of the US pushed the dollar higher before it came down again. It is expected to remain stable in the short-term.

Ezymats CEO to take company global

Ezymats CEO has vowed to take the company global following the success of the companies jigsaw mats. “I see a growing market globally and I want us to be part of it” says CEO.

Since 2013 Ezymats has been supplying training mats through out Australian to a number of organisations. Their mats have had particular success with martial arts organisation and people looking to set up home gyms. “Our mats are not only fantastic quality but they are the cheapest on the market. We want people from other countries to benefit from our mats just like those in the Australian market have” insisted CEO.

CEO is currently in China expanding the company’s office and warehousing facilities to accommodate the new expansion. Not only is he expanding he Ezymats operation but also his other successful businesses.

“Watch this space. When we embark on an adventure expect something amazing. Not only will we expand our each but also our offering. Apart from Jigsaw mats we will be offering vinyl judo mats of professional quality as well” CEO.

Tesla to manufacture its cars in China

Electric car manufacturer Tesla has announced that they will begin building cars in China in the not to distant future. CEO Elon Musk is currently visiting China announced the decision.

China also faces a growing air pollution problem, and the government is working to encourage the adoption of electric cars.

Yet much of China lacks the infrastructure needed to support them.

State media reported that Tesla (TSLA) is ready to help change that, with Musk pledging to launch a nationwide battery charging and service network by 2015.

Sales of the Tesla car are on fire in the USA as seem in the picture in this article.

Kung Fu

Chinese martial arts, colloquially referred to as kung fu or gung fu (Chinese功夫pinyingōngfu) and wushu (simplified Chinese: 武术; traditional Chinese: 武術; pinyin: wǔshù), are a number of fighting styles that have developed over the centuries inChina. These fighting styles are often classified according to common traits, identified as “families” (家; jiā), “sects” (派; pài) or “schools” (門, mén) of martial arts. Examples of such traits include physical exercises involving animal mimicry, or training methods inspired by Chinese philosophies, religions and legends. Styles that focus on qi manipulation are called internal (内家拳;nèijiāquán), while others that concentrate on improving muscle and cardiovascular fitness are called “external” (外家拳;wàijiāquán).

World-Wide jigsaw mats shipping

Ezymats ship jigsaw mats world-wide

Ezymats jigsaw mats can now be shipped world-wide. Our warehouse in China can now dispatch jigsaw mats to the four corners of the world. We ship to USA, UK, Europe, Japan, Asia, South America, Brazil and Africa. Minimum order quantity for world-wide shipments is a 20′ container which is approximately 550 jigsaw mats. We can ship everything from 20mm, 30mm and 40mm mats from our China warehouse. All orderer are processed by our Hong Kong Office (Yatama LTD Hong Kong). For more details contact us.

We are still able to delivery small quantities Australia-wide as we have a warehouse in Belmore in Sydney. So in Australia we can ship to Sydney, Brisbane, Melbourne, Adelaide, Perth, Hobart, Canberra, Wollongong, Newcastle and anywhere in between. We stock 40mm jigsaw mats in our Belmore warehouse. Our EVA mats are available for immediate dispatch.