Which news moves the euro area bond market?

This paper explores a long dataset (1999-2005) of intraday prices on German long-term bond futures and examines market responses to major macroeconomic announcements and ECB monetary policy releases. In general, adjustments in prices are quick and new information is usually incorporated into prices within five minutes of announcements. The volatility adjustment is more long-lasting than that in the conditional mean, and excess volatility can be observed up to 30 minutes after the releases. Overall, German bond markets tend to react more strongly to the surprise component in US macro releases compared to euro area and domestic releases, and the strength of those reactions to US releases has increased over the period considered. The paper also provides evidence that the outcome of German unemployment figures has been known to investors ahead of the prescheduled release. JEL Classification: E43, E44, E58intraday data, macroeconomic announcements, monetary policy

Cernaan in Sacco Ransum Ternak Sapi Yang Menggunakan Kulit Buah Jagung Amoniasi

An experiment was conducted to evaluate an improvement of corn peel with ammoniation in sacco digestibility in cow ration. Measured parameters in the current experiment were, in sacco degradation of dry matter, organic matter and crude protein. This study was assigned into completely randomized design (CRD) with 5 treatments and 4 replications. The treatments were ; R0 = 70% Forage (100% grass + 0% Corn Peel) + 30 % Concentrate, R1 = 70% Forage (75 % grass + 25% Corn Peel) + 30 % Concentrate, R2 = 70% Forage (50% grass + 50% Corn Peel) + 30 % Concentrate, R3 = 70%Forage (25% grass + 75% Corn Peel) + 30 % Concentrate, R4 = 70% Forage (0% grass + 100% Corn Peel) + 30 % Concentrate. Result of this study showed that the treatments were significantly (P<0,05) influence degradation of dry matter, organic matter and crude protein. The degradation after ammoniation significantly increased and were higher than that of without ammoniation. It is concluded that ammoniation with urea of corn peel could increase degradation and could be used asforage substitution in ration

Evaluasi Kecernaan in Vitro Bahan Kering, Bahan Organik Dan Protein Kasar Penggunaan Kulit Buah Jagung Amoniasi Dalam Ransum Ternak Sapi

An experiment was conducted to evaluate ammoniated corn husk in vitro digestibility in cattle ration. Measured parameters in the current experiment were in vitro digestibility of dry matter, organic matter, crude protein. This study was assigned into completely randomized design (CRD) with 5 treatments and 4 replications. The treatments were ; T0 = 70% Forage (100% grass + 0% ammoniation of Corn husk) + 30 % Concentrate, T1 = 70% Forage (75 % grass + 25% ammoniation of Corn husk) + 30 % Concentrate, T2 = 70% Forage (50% grass + 50% ammoniation of Corn husk) + 30 % Concentrate, T3 = 70% Forage (25% grass + 75% ammoniation of Corn husk) + 30 % Concentrate, T4 = 70% Forage (0% grass + 100% ammoniation of Corn husk) + 30 % Concentrate. Result of this study showed that the treatments were significantly (P<0,05) influence digestibility of dry matter, organic matter and crude protein. Increased level of ammoniated corned corn husk made higher in vitro digestibility of ration. It concluded that ammoniation of corn husk could increase digestibility and th eammoniated corn husk may substitute forage in cattle ration

El obrero entre la práctica y la ideología desde los siglos XIX al XXI

Workers’ culture and the labour movement previously were prominent fields of research. This had to do with their societal influence and to the fact that many scholars regarded a self-conscious labour class as a means to balance capitalism’s negative aspects, if not simply to overcome it as a system. Drawing from this background, the author argues that the common worker has hitherto not been satisfactorily understood as a subject of cultural history. Using investigations among workers at Denmark’s largest enterprise from the 19th to the 21st century, the author reveals the complexity and diversity of everyday working life of industrialism, the relations between workers as well as towards employers and society as a whole. The author argues that, as seen from the overall perspective of the state, the labour population –with varying intensity– played a very strategic role from around 1870 to 1990. During this period consideration for their well-being was understood as a precondition for societal cohesion: whereas, since the end of the Cold War, that understanding has changed. The author draws on the ethnological State-Form and Life-Mode analysis, also known as Life-Mode Analysis. La cultura y el movimiento obrero han sido hasta ahora campos de investigación prominentes. Esto tenía que ver con su influencia social y con el hecho de que muchos estudiosos consideraban a una clase obrera autoconsciente como un medio para equilibrar los aspectos negativos del capitalismo, si no simplemente para superarlo como sistema. Partiendo de este trasfondo, el autor sostiene que el trabajador común hasta ahora no ha sido entendido satisfactoriamente como un sujeto de la historia cultural. Utilizando investigaciones sobre obreros de la mayor empresa de Dinamarca desde el siglo XIX al XXI, el autor revela la complejidad y diversidad de la vida laboral cotidiana del industrialismo, las relaciones entre los trabajadores, las relaciones entre los trabajadores y los empleadores así como la sociedad en su conjunto. Sostiene que, desde la perspectiva general del Estado, la población laboral –con intensidad variable– desempeñó un papel estratégico desde alrededor de 1870 a 1990. En este período la preocupación por su bienestar fue entendida como una precondición para la cohesión social: mientras que, desde el final de la Guerra Fría, esa comprensión ha cambiado. El autor se basa en el Análisis Estructural de Formas de Estado y Modos de Vida también conocido como el Análisis de los Modos de Vida.

PENGARUH PANDEMIC COVID-19 DAN PASAR SAHAM ASEAN TERHADAP PASAR SAHAM INDONESIA

This study examines the effect of the number of COVID-19 cases and the price of shares in ASEAN countries on the stock market in Indonesia. The ARDL model is used in research in order to see the long-term and short-term effects. The results of the analysis show that in the long term only the Malaysian stock market has a significant effect on the Indonesian stock market, besides that in the short term it is found that the Malaysian stock market, Singapore stock market and the number of Covid cases in Malaysia have a significant effect on the Indonesian stock market

Filtering and scalability in the ECO distributed event model

Event-based communication is useful in many application domains, ranging from small, centralised applications to large, distributed systems. Many different event models have been developed to address the requirements of different application domains. One such model is the ECO model which was designed to support distributed virtual world applications. Like many other event models, ECO has event filtering capabilities meant to improve scalability by decreasing network traffic in a distributed implementation. Our recent work in event-based systems has included building a fully distributed version of the ECO model, including event filtering capabilities. This paper describes the results of our evaluation of filters as a means of achieving increased scalability in the ECO model. The evaluation is empirical and real data gathered from an actual event-based system is used