Faktor apa saja yang menyebabkan peningkatan atau penurunan volatilitas?
Apa Itu Rollover - CFD Rollover
Sudah diketahui secara umum bahwa ketika melakukan trading di pasar Forex dan CFD investor dapat mempertahankan posisi mereka terbuka tidak hanya untuk beberapa jam, tetapi untuk jangka waktu yang lebih lama juga. Jadi, rollover dapat didefinisikan sebagai pengalihan posisi ini untuk hari berikutnya.
“Rollover” adalah istilah terkenal di kalangan ekonom dan mungkin memiliki arti yang berbeda tergantung pada bidang aplikasi.
Menurut kamus ekonomi, rollover mungkin memiliki arti sebagai berikut:
Gagasan “rollover” tersebar luas di kalangan trader dan secara aktif diterapkan oleh pusat transaksi dan perusahaan broker.
CFD rollover, saat proses mentransfer posisi ke hari berikutnya, mengasumsikan Swap akrual.
Rollover dan Swap CFD
Swap adalah bunga, yang didebet dari atau dikreditkan ke posisi trader untuk rollover (semalam) ke hari trading berikutnya. Perhitungan Swap untuk logam mulia ini terkait dengan mata uang yang sesuai, Dolar AS atau Euro. Jadi, misalnya instrumen mata uang XAUUSD (Emas terhadap Dolar As) yang ditawarkan adalah Dolar AS. Ketika klien membuka posisi short pada instrumen ini, klien membayar untuk meminjam emas pada tarif diskon dan menerima akrual untuk deposit dolar AS berdasarkan kurs antar bank. Skema yang sama beroperasi untuk instrumen lainnya dari Kelompok Logam.
Perhitungan Swap untuk indeks saham dilakukan dalam mata uang negara dari indeks. Dengan demikian, dalam kasus instrumen FTSE100, CFD Indeks saham Inggris terkait dengan British Pound. Saat membuka posisi short pada instrumen, klien membayar untuk meminjam kontrak untuk Indeks dan menerima akrual untuk menyetorkan British Pounds atas dasar tingkat antar bank. Skema yang sama bekerja untuk indeks lainnya.
Pada CFD Kkomoditas, perhitungan Swap dilakukan dalam penwaran mata uang dari instrumen. Misalnya, MINYAK, Light Sweet Crude Oil (WTI) terkait dengan Dolar AS. Saat membuka posisi short pada instrumen, klien membayar untuk meminjam kontrak minyak pada tingkat dikurangi dan menerima akrual untuk menyetorkan US Dollar atas dasar tingkat antar bank yang relevan.
Swap untuk CFD Saham biasanya ditunjuk sebagai jumlah tetap - yang benar-benar negatif untuk panjang serta posisi pendek. Kurang sering, seperti dalam kasus pasangan mata uang, Swap terkait dengan suku bunga interbank jangka pendek, tetapi dalam kasus ini, perusahaan dapat menambah bunga yang cukup signifikan sendiri, dengan demikian, memburuknya kondisi untuk klien.
Hal ini juga diketahui bahwa pada Pasar Forex pasangan mata uang yang dibeli dan dijual, dan setiap mata uang memiliki suku bunga sendiri, ditentukan oleh bank nasional.
Pada pasar CFD rollover dihitung berdasarkan rollover dari aset pokok dan aset penawaran. Perbedaan antara suku bunga aset adalah dasar penentuan rollover. Jika saat membeli mata uang dengan laju yang lebih tinggi dari suku bunga pada mata uang dijual, rollover yang masih harus dibayar pada posisi trading. Jika saat membeli mata uang dengan tingkat yag lebih rendah dari suku bunga pada mata uang dijual, rollover didebet dari posisi trading. Dengan demikian, rollover dapat membuat penghasilan tambahan serta menyebabkan kerugian tambahan. Selain itu, jumlah muatan atau kecurangan adalah berbanding lurus dengan jumlah transaksi.
IFC Markets adalah perusahaan keuangan inovatif yang terkemuka, menawarkan investor swasta dan korporasi untuk mengatur perdagangan dan alat-alat analisis. Perusahaan menyediakan trading Forex dan CFD kepada klien melalui platform trading buatan sendiri NetTradeX, yang tersedia pada PC, iOS, Android, dan Windows Mobile. Perusahaan juga menawarkan MetaTrader 4 platform yang tersedia di PC, Mac OS, iOS, dan Android. Anda dapat membandingkan keunggulan dari kedua platform tersebut.
Urban planning and design
16th through 19th century European cities witnessed a large change in urban design and planning principals that reshaped the landscapes and built environment. Rome, Paris, and other major cities were transformed to accommodate growing populations through improvements in housing, transportation, and public services. Throughout this time, the Baroque style was in full swing, and the influences of elaborate, dramatic, and artistic architectural styles extended into the urban fabric through what is known as Baroque urban planning. The experience of living and walking in the cities aims to complement the emotions of the Baroque style. This style of planning often embraced displaying the wealth and strength of the ruling powers, and the important buildings served as the visual and symbolic center of the cities.[158]
The replanning of the city of Rome under the rule of Pope Sixtus V revived and expanded the city in the 16th century. Many grand piazzas and squares were added as public spaces to contribute to the dramatic effect of the Baroque style. The piazzas featured fountains and other decorative features to embody the emotions of the time. An important factor in Baroque style planning was to connect churches, government structures, and piazzas together in a refined network of axis'. This allowed the important landmarks of the Catholic Church to become the focal points of the city.[159]
As another example of Baroque urban planning, Paris was in desperate need for an urban revival in the 19th century. The city underwent a dramatic change within its urban fabric through the help of Baron Haussmann. Under the rule of Napoleon III, Haussmann was appointed to reconstruct Paris by adding a new network of streets, parks, trains, and public services. Some of the characteristics of Haussmann's design include straight, wide boulevards lined with trees, and short access to parks and green spaces.[160] The plan highlights some important buildings, such as the Paris Opera House.
More characteristics of Baroque urban planning are embodied in Barcelona. The Eixample district, designed by Ildefons Cerdà, showcases wide avenues in a grid system with a few diagonal boulevards. The intersections are unique with octagonal blocks, which provide the streets with great visibility and light.[161] Many works in this district come from architect Antoni Gaudí, who displays a unique style. Centered in the Eixample district design is the Sagrada Família by Gaudí, which poses great significance to the city.
, Meudon, France, an example of an early Rococo building from the last years of
, unknown architect, 1706–1709
1730; various wood types; gilt-bronze mounts and a Brèche d'Aleps marble top; height: 91.1 cm;
, Nymphenburg Palace Park, Munich, Germany, by
; 1740; oil on canvas; 130 × 162 cm;
, Vienna, Austria, decorated with Chinese black
Gate with two statues and elaborate wrought-iron grilles,
, Germany, grilles by
, Sanssouci Park, Potsdam, Germany, an example of
Coffeepot, decorated with
; 1757; silver; height: 29.5 cm;
1765; soft-paste porcelain; 39.1 × 31.1 × 22.2 cm; Metropolitan Museum of Art
Pagod, based on Asian figures of
, an example of Chinoiserie; by
1765; hard paste porcelain; Metropolitan Museum of Art
, an example of asymmetry;
1710–1772; engraving on paper; 23 x 19.8 cm;
, Amsterdam, the Netherlands
The Rococo is the final stage of the Baroque, and in many ways took the Baroque's fundamental qualities of illusion and drama to their logical extremes. Beginning in France as a reaction against the heavy Baroque grandeur of Louis XIV's court at the Palace of Versailles, the rococo movement became associated particularly with the powerful Madame de Pompadour (1721–1764), the mistress of the new king, Louis XV (1710–1774). Because of this, the style was also known as Pompadour. Although it's highly associated with the reign of Louis XV, it didn't appear in this period. Multiple works from the last years of Louis XIV's reign are examples of early Rococo. The name of the movement derives from the French rocaille, or pebble, and refers to stones and shells that decorate the interiors of caves, as similar shell forms became a common feature in Rococo design. It began as a design and decorative arts style, and was characterized by elegant flowing shapes. Architecture followed and then painting and sculpture. The French painter with whom the term Rococo is most often associated is Jean-Antoine Watteau, whose pastoral scenes, or fêtes galantes, dominate the early part of the 18th century.
There are multiple similarities between Rococo and Baroque. Both styles insist on monumental forms, and so use continuous spaces, double columns or pilasters, and luxurious materials (including gilded elements). There also noticeable differences. Rococo designed freed themselves from the adherence to symmetry that had dominated architecture and design since the Renaissance. Many small objects, like ink pots or porcelain figures, but also some ornaments, are often asymmetrical. This goes hand in hand with the fact that most ornamentation consisted of interpretation of foliage and sea shells, not as many Classical ornaments inherited from the Renaissance like in Baroque. Another key difference is the fact that since the Baroque is the main cultural manifestation of the spirit of the Counter-Reformation, it is most often associated with ecclesiastical architecture. In contrast, the Rococo is mainly associated with palaces and domestic architecture. In Paris, the popularity of the Rococo coincided with the emergence of the salon as a new type of social gathering, the venues for which were often decorated in this style. Rococo rooms were typically smaller than their Baroque counterparts, reflecting a movement towards domestic intimacy. Colours also match this change, from the earthy tones of Caravaggio's paintings, and the interiors of red marble and gilded mounts of the reign of Louis XIV, to the pastel and relaxed pale blue, Pompadour pink, and white of the Louis XV and Madame de Pompadour's France. Similarly to colours, there was also a transition from serious, dramatic and moralistic subjects in painting and sculpture, to lighthearted and joyful themes.
One last difference between Baroque and Rococo is the interest that 18th century aristocrats had for East Asia. Chinoiserie was a style in fine art, architecture and design, popular during the 18th century, that was heavily inspired by Chinese art, but also by Rococo at the same time. Because traveling to China or other Far Eastern countries was hard at that time and so remained mysterious to most Westerners, European imagination were fuelled by perceptions of Asia as a place of wealth and luxury, and consequently patrons from emperors to merchants vied with each other in adorning their living quarters with Asian goods and decorating them in Asian styles. Where Asian objects were hard to obtain, European craftsmen and painters stepped up to fill the demand, creating a blend of Rococo forms and Asian figures, motifs and techniques. Aside from European recreations of objects in East Asian style, Chinese lacquerware was reused in multiple ways. European aristocrats fully decorated a handful of rooms of palaces, with Chinese lacquer panels used as wall panels. Due to its aspect, black lacquer was popular for Western men's studies. Those panels used were usually glossy and black, made in the Henan province of China. They were made of multiple layers of lacquer, then incised with motifs in-filled with colour and gold. Chinese, but also Japanese lacquer panels were also used by some 18th century European carpenters for making furniture. In order to be produced, Asian screens were dismantled and used to veneer European-made furniture.
Bagaimana volatilitas diukur?
Ketika membahas pengukuran volatilitas di pasar keuangan, referensi yang umum adalah “ volatilitas historis ”. Ini adalah metrik yang diperoleh dari analisis pergerakan harga selama periode tertentu, seringkali sekitar 30 hari atau satu tahun, yang memberikan wawasan tentang kinerja suatu aset secara historis. Dalam konteks Bitcoin, hal ini melibatkan mempelajari perubahan harga dalam jangka waktu yang sama, sering kali sekitar satu bulan, untuk mengukur volatilitas masa lalu.
Sebaliknya, " volatilitas tersirat " berfokus pada perkiraan pergerakan harga di masa depan. Meskipun memprediksi masa depan pada dasarnya tidak pasti, volatilitas yang tersirat merupakan konsep penting dalam pemodelan keuangan. Ini menjadi dasar bagi alat seperti Indeks Volatilitas Cboe (sering disebut " indeks ketakutan "), yang berupaya memproyeksikan volatilitas pasar saham selama 30 hari mendatang.
Untuk mengukur volatilitas, ada beberapa pendekatan. Salah satunya adalah dengan menggunakan metode beta, yang membandingkan volatilitas suatu saham atau aset, seperti Bitcoin, terhadap indeks pasar yang lebih luas, seperti S&P 500 . Hal ini membantu investor memahami bagaimana suatu aset berperilaku sehubungan dengan tren pasar secara umum.
Metode lainnya adalah dengan menghitung deviasi standar suatu aset, yang mengukur sejauh mana harga aset tersebut menyimpang dari rata-rata historisnya. Pendekatan statistik ini memberikan pandangan yang lebih beragam mengenai fluktuasi harga suatu aset, sehingga menawarkan pemahaman yang lebih baik kepada investor tentang pola volatilitasnya.
Menggabungkan metode-metode ini, terutama dalam lanskap mata uang kripto yang bergejolak seperti Bitcoin, membantu investor dan analis lebih memahami dan mempersiapkan potensi pergerakan pasar, sehingga meningkatkan strategi investasi mereka.
Echoes in Wallachia and Moldavia
, Romania, unknown architect, 1650–1660
, Horezu, Romania, with a
, unknown architect, 17th–18th centuries
of the Saints Constantine and Helena Church, Horezu Monastery, unknown architect or sculptor, 1692–1694
Maximalist railing of the
, Potlogi, unknown architect, 1698
Twisting columns and railings of the
, Mogoșoaia, unknown architect, early 18th century
on a damaged stone in the courtyard of
, Bucharest, unknown sculptor, late 17th-early 18th century
As we saw, the Baroque is a Western style, born in Italy. Through the commercial and cultural relationships of Italians with countries of the Balkan Peninsula, including Moldavia and Wallachia, Baroque influences arrive to Eastern Europe. These influences were not very strong, since they usually take place in architecture and stone-sculpted ornaments, and are also mixed intensely with details taken from Byzantine and Islamic art.
Before and after the fall of the Byzantine Empire, all the art of Wallachia and Moldavia was primarily influenced by that of Constantinople. Until the end of the 16th century, with little modifications, the plans of churches and monasteries, the murals, and the ornaments carved in stone remain the same as before. From a period starting with the reigns of Matei Basarab (1632–1654) and Vasile Lupu (1634–1653), which coincided with the popularization of Italian Baroque, new ornaments were added, and the style of religious furniture changed. This was not random at all. Decorative elements and principles were brought from Italy, through Venice, or through the Dalmatian regions, and they were adopted by architects and craftsmen from the east. The window and door frames, the pisanie with dedication, the tombstones, the columns and railings, and a part of the bronze, silver or wooden furniture, received a more important role than the one they had before. They existed before too, inspired by the Byzantine tradition, but they gained a more realist look, showing delicate floral motifs. The relief that existed before too, became more accentuated, having volume and consistency. Before this period, reliefs from Wallachia and Moldavia, like the ones from the East, had only two levels, at a small distance one from the other, one at the surface and the other in depth. Big flowers, maybe roses, peonies or thistles, thick leaves, of acanthus or another similar plant, were twisting on columns, or surround door and windows. A place where the Baroque had a strong influence was columns and the railings. Capitals were more decorated than before with foliage. Columns have often twisting shafts, a local reinterpretation of the Solomonic column. Maximalist railings are placed between these columns, decorated with rinceaux. Some of the ones from the Mogoșoaia Palace are also decorated with dolphins. Cartouches are also used sometimes, mostly on tombstones, like on the one of Constantin Brâncoveanu. This movement, is known as the Brâncovenesc style, after Constantin Brâncoveanu, a ruler of Wallachia whose reign (1654–1714) is highly associated with this kind of architecture and design. The style is also present during the 18th century, and in a part of the 19th. Many of the churches and residences erected by boyards and voivodes of these periods are Brâncovenesc. Although Baroque influences can be clearly seen, the Brâncovenesc style takes much more inspiration from the local tradition.
As the 18th century passed, with the Phanariot (members of prominent Greek families in Phanar, Istanbul) reigns in Wallachia and Moldavia, Baroque influences come from Istanbul too. They came before too, during the 17th century, but with the Phanariots, more Western Baroque motifs that arrived to the Ottoman Empire had their final destination in present-day Romania. In Moldavia, Baroque elements come from Russia too, where the influence of Italian art was strong.[102]
1597–1600; fresco; length (gallery): 20.2 m;
; 1611–1612; oil on canvas; 163 x 126 cm;
1615; oil on canvas; 209 x 284 cm;
; 1642; oil on canvas; 3.63 × 4.37 m;
, Amsterdam, the Netherlands
; 1656; oil on canvas; 3.18 cm × 2.76 m;
; before 1659; oil on canvas; 270 x 354 cm; Kunsthistorisches Museum
; 1668; oil on canvas; 73 x 88.5 cm; Kunsthistorisches Museum
Baroque painters worked deliberately to set themselves apart from the painters of the Renaissance and the Mannerism period after it. In their palette, they used intense and warm colours, and particularly made use of the primary colours red, blue and yellow, frequently putting all three in close proximity.[112] They avoided the even lighting of Renaissance painting and used strong contrasts of light and darkness on certain parts of the picture to direct attention to the central actions or figures. In their composition, they avoided the tranquil scenes of Renaissance paintings, and chose the moments of the greatest movement and drama. Unlike the tranquil faces of Renaissance paintings, the faces in Baroque paintings clearly expressed their emotions. They often used asymmetry, with action occurring away from the centre of the picture, and created axes that were neither vertical nor horizontal, but slanting to the left or right, giving a sense of instability and movement. They enhanced this impression of movement by having the costumes of the personages blown by the wind, or moved by their own gestures. The overall impressions were movement, emotion and drama.[113] Another essential element of baroque painting was allegory; every painting told a story and had a message, often encrypted in symbols and allegorical characters, which an educated viewer was expected to know and read.[114]
Early evidence of Italian Baroque ideas in painting occurred in Bologna, where Annibale Carracci, Agostino Carracci and Ludovico Carracci sought to return the visual arts to the ordered Classicism of the Renaissance. Their art, however, also incorporated ideas central the Counter-Reformation; these included intense emotion and religious imagery that appealed more to the heart than to the intellect.[115]
Another influential painter of the Baroque era was Michelangelo Merisi da Caravaggio. His realistic approach to the human figure, painted directly from life and dramatically spotlit against a dark background, shocked his contemporaries and opened a new chapter in the history of painting. Other major painters associated closely with the Baroque style include Artemisia Gentileschi, Elisabetta Sirani, Giovanna Garzoni, Guido Reni, Domenichino, Andrea Pozzo, and Paolo de Matteis in Italy; Francisco de Zurbarán, Bartolomé Esteban Murillo and Diego Velázquez in Spain; Adam Elsheimer in Germany; and Nicolas Poussin and Georges de La Tour in France (though Poussin spent most of his working life in Italy). Poussin and de La Tour adopted a "classical" Baroque style with less focus on emotion and greater attention to the line of the figures in the painting than to colour.
Peter Paul Rubens was the most important painter of the Flemish Baroque style. Rubens' highly charged compositions reference erudite aspects of classical and Christian history. His unique and immensely popular Baroque style emphasised movement, colour, and sensuality, which followed the immediate, dramatic artistic style promoted in the Counter-Reformation. Rubens specialized in making altarpieces, portraits, landscapes, and history paintings of mythological and allegorical subjects.
One important domain of Baroque painting was Quadratura, or paintings in trompe-l'œil, which literally "fooled the eye". These were usually painted on the stucco of ceilings or upper walls and balustrades, and gave the impression to those on the ground looking up were that they were seeing the heavens populated with crowds of angels, saints and other heavenly figures, set against painted skies and imaginary architecture.
In Italy, artists often collaborated with architects on interior decoration; Pietro da Cortona was one of the painters of the 17th century who employed this illusionist way of painting. Among his most important commissions were the frescoes he painted for the Palazzo Barberini (1633–39), to glorify the reign of Pope Urban VIII. Pietro da Cortona's compositions were the largest decorative frescoes executed in Rome since the work of Michelangelo at the Sistine Chapel.[116]
François Boucher was an important figure in the more delicate French Rococo style, which appeared during the late Baroque period. He designed tapestries, carpets and theatre decoration as well as painting. His work was extremely popular with Madame de Pompadour, the Mistress of King Louis XV. His paintings featured mythological romantic, and mildly erotic themes.[117]
In the Hispanic Americas, the first influences were from Sevillan Tenebrism, mainly from Zurbarán—some of whose works are still preserved in Mexico and Peru—as can be seen in the work of the Mexicans José Juárez and Sebastián López de Arteaga, and the Bolivian Melchor Pérez de Holguín. The Cusco School of painting arose after the arrival of the Italian painter Bernardo Bitti in 1583, who introduced Mannerism in the Americas. It highlighted the work of Luis de Riaño, disciple of the Italian Angelino Medoro, author of the murals of the Church of San Pedro, Andahuaylillas. It also highlighted the Indian (Quechua) painters Diego Quispe Tito and Basilio Santa Cruz Pumacallao, as well as Marcos Zapata, author of the fifty large canvases that cover the high arches of Cusco Cathedral. In Ecuador, the Quito School was formed, mainly represented by the mestizo Miguel de Santiago and the criollo Nicolás Javier de Goríbar.
In the 18th century sculptural altarpieces began to be replaced by paintings, developing notably the Baroque painting in the Americas. Similarly, the demand for civil works, mainly portraits of the aristocratic classes and the ecclesiastical hierarchy, grew. The main influence was the Murillesque, and in some cases—as in the criollo Cristóbal de Villalpando–that of Juan de Valdés Leal. The painting of this era has a more sentimental tone, with sweet and softer shapes. Its proponents incluse Gregorio Vasquez de Arce y Ceballos in Colombia, and Juan Rodríguez Juárez and Miguel Cabrera in Mexico.
The dominant figure in baroque sculpture was Gian Lorenzo Bernini. Under the patronage of Pope Urban VIII, he made a remarkable series of monumental statues of saints and figures whose faces and gestures vividly expressed their emotions, as well as portrait busts of exceptional realism, and highly decorative works for the Vatican such as the imposing Chair of St. Peter beneath the dome in St. Peter's Basilica. In addition, he designed fountains with monumental groups of sculpture to decorate the major squares of Rome.
Baroque sculpture was inspired by ancient Roman statuary, particularly by the famous first century CE statue of Laocoön and His Sons, which was unearthed in 1506 and put on display in the gallery of the Vatican. When he visited Paris in 1665, Bernini addressed the students at the academy of painting and sculpture. He advised the students to work from classical models, rather than from nature. He told the students, "When I had trouble with my first statue, I consulted the Antinous like an oracle." That Antinous statue is known today as the Hermes of the Museo Pio-Clementino.
Notable late French baroque sculptors included Étienne Maurice Falconet and Jean Baptiste Pigalle. Pigalle was commissioned by Frederick the Great to make statues for Frederick's own version of Versailles at Sanssouci in Potsdam, Germany. Falconet also received an important foreign commission, creating the famous Bronze Horseman statue of Peter the Great found in St. Petersburg.
In Spain, the sculptor Francisco Salzillo worked exclusively on religious themes, using polychromed wood. Some of the finest baroque sculptural craftsmanship was found in the gilded stucco altars of churches of the Spanish colonies of the New World, made by local craftsmen; examples include the Chapel del Rosario, Puebla, (Mexico), 1724–1731.
Four-poster bed from the Château d'Effiat;
1650; natural walnut, chiselled Genoa silk velvet and embroidered silks; 295 cm;
Cabinet with caryatids;
1675; ebony, kingwood, marquetry of hard stones, gilt bronze, pewter, glass, tinted mirror and horn; unknown dimensions;
Pier table; 1685–1690; carved,
, and gilded wood, with a marble top; 83.6 × 128.6 × 71.6 cm;
1700; ebony and amaranth veneering, polychrome woods, brass, tin, shell, and horn
on an oak frame, gilt-bronze; 255.5 x 157.5 cm; Louvre
1700–1715; wood and upholstery; unknown dimsensions;
1700–1720; gilded wood and upholstery; unknown dimsensions; Ca' Rezzonico
1710–1732; walnut veneered with ebony and
of engraved brass and tortoiseshell, gilt-bronze mounts, antique marble top; 87.6 x 128.3 x 62.9 cm;
German slant-front desk; by
1715–1725; marquetry with maple, amaranth, mahogany, and walnut on spruce and oak; 90 × 84 × 44.5 cm;
The main motifs used are: horns of plenty, festoons, baby angels, lion heads holding a metal ring in their mouths, female faces surrounded by garlands, oval cartouches, acanthus leaves, classical columns, caryatids, pediments, and other elements of Classical architecture sculpted on some parts of pieces of furniture,[128] baskets with fruits or flowers, shells, armour and trophies, heads of Apollo or Bacchus, and C-shaped volutes.[129]
During the first period of the reign of Louis XIV, furniture followed the previous Louis XIII style, and was massive, and profusely decorated with sculpture and gilding. After 1680, thanks in large part to the furniture designer André-Charles Boulle, a more original and delicate style appeared, sometimes known as Boulle work. It was based on the inlay of ebony and other rare woods, a technique first used in Florence in the 15th century, which was refined and developed by Boulle and others working for Louis XIV. Furniture was inlaid with plaques of ebony, copper, and exotic woods of different colors.[130]
New and often enduring types of furniture appeared; the commode, with two to four drawers, replaced the old coffre, or chest. The canapé, or sofa, appeared, in the form of a combination of two or three armchairs. New kinds of armchairs appeared, including the fauteuil en confessionale or "Confessional armchair", which had padded cushions ions on either side of the back of the chair. The console table also made its first appearance; it was designed to be placed against a wall. Another new type of furniture was the table à gibier, a marble-topped table for holding dishes. Early varieties of the desk appeared; the Mazarin desk had a central section set back, placed between two columns of drawers, with four feet on each column.[130]
The term Baroque is also used to designate the style of music composed during a period that overlaps with that of Baroque art. The first uses of the term 'baroque' for music were criticisms. In an anonymous, satirical review of the première in October 1733 of Jean-Philippe Rameau's Hippolyte et Aricie, printed in the Mercure de France in May 1734, the critic implied that the novelty of this opera was "du barocque," complaining that the music lacked coherent melody, was filled with unremitting dissonances, constantly changed key and meter, and speedily ran through every compositional device. Jean-Jacques Rousseau, who was a musician and noted composer as well as philosopher, made a very similar observation in 1768 in the famous Encyclopédie of Denis Diderot: "Baroque music is that in which the harmony is confused, and loaded with modulations and dissonances. The singing is harsh and unnatural, the intonation difficult, and the movement limited. It appears that term comes from the word 'baroco' used by logicians."[15]
Common use of the term for the music of the period began only in 1919, by Curt Sachs,[132] and it was not until 1940 that it was first used in English in an article published by Manfred Bukofzer.
The baroque was a period of musical experimentation and innovation which explains the amount of ornaments and improvisation performed by the musicians. New forms were invented, including the concerto and sinfonia. Opera was born in Italy at the end of the 16th century (with Jacopo Peri's mostly lost Dafne, produced in Florence in 1598) and soon spread through the rest of Europe: Louis XIV created the first Royal Academy of Music. In 1669, the poet Pierre Perrin opened an academy of opera in Paris, the first opera theatre in France open to the public, and premiered Pomone, the first grand opera in French, with music by Robert Cambert, with five acts, elaborate stage machinery, and a ballet. Heinrich Schütz in Germany, Jean-Baptiste Lully in France, and Henry Purcell in England all helped to establish their national traditions in the 17th century.
Several new instruments, including the piano, were introduced during this period. The invention of the piano is credited to Bartolomeo Cristofori (1655–1731) of Padua, Italy, who was employed by Ferdinando de' Medici, Grand Prince of Tuscany, as the Keeper of the Instruments.[134][135] Cristofori named the instrument un cimbalo di cipresso di piano e forte ("a keyboard of cypress with soft and loud"), abbreviated over time as pianoforte, fortepiano, and later, simply, piano.
Baroque in the Spanish and Portuguese Colonial Americas
, San Andrés Cholula, Puebla, Mexico, unknown architect, 17th–18th centuries
, Quito, Ecuador, by Antonio García and others, 1535–1799
, Chile, unknown architect, 1747–1808
Preserved colonial wall paintings of 1802 depicting Hell,
by Tadeo Escalante, inside the Church of San Juan Bautista in
Due to the colonization of the Americas by European countries, the Baroque naturally moved to the New World, finding especially favorable ground in the regions dominated by Spain and Portugal, both countries being centralized and irreducibly Catholic monarchies, by extension subject to Rome and adherents of the Baroque Counter-Reformation. European artists migrated to America and made school, and along with the widespread penetration of Catholic missionaries, many of whom were skilled artists, created a multiform Baroque often influenced by popular taste. The Criollo and indigenous crafters did much to give this Baroque unique features. The main centres of American Baroque cultivation, that are still standing, are (in this order) Mexico, Peru, Brazil, Cuba, Ecuador, Colombia, Bolivia, Guatemala, Nicaragua, Puerto Rico and Panama.
Of particular note is the so-called "Missionary Baroque", developed in the framework of the Spanish reductions in areas extending from Mexico and southwestern portions of current-day United States to as far south as Argentina and Chile, indigenous settlements organized by Spanish Catholic missionaries in order to convert them to the Christian faith and acculturate them in the Western life, forming a hybrid Baroque influenced by Native culture, where flourished Criollos and many indigenous artisans and musicians, even literate, some of great ability and talent of their own. Missionaries' accounts often repeat that Western art, especially music, had a hypnotic impact on foresters, and the images of saints were viewed as having great powers. Many natives were converted, and a new form of devotion was created, of passionate intensity, laden with mysticism, superstition, and theatricality, which delighted in festive masses, sacred concerts, and mysteries.[94][95]
The Colonial Baroque architecture in the Spanish America is characterized by a profuse decoration (portal of La Profesa Church, Mexico City; façades covered with Puebla-style azulejos, as in the Church of San Francisco Acatepec in San Andrés Cholula and Convent Church of San Francisco, Puebla), which will be exacerbated in the so-called Churrigueresque style (Façade of the Tabernacle of the Mexico City Metropolitan Cathedral, by Lorenzo Rodríguez; Church of San Francisco Javier, Tepotzotlán; Church of Santa Prisca de Taxco). In Peru, the constructions mostly developed in the cities of Lima, Cusco, Arequipa and Trujillo, since 1650 show original characteristics that are advanced even to the European Baroque, as in the use of cushioned walls and solomonic columns (Iglesia de la Compañía de Jesús, Cusco; Basilica and Convent of San Francisco, Lima).[96] Other countries include: the Metropolitan Cathedral of Sucre in Bolivia; Cathedral Basilica of Esquipulas in Guatemala; Tegucigalpa Cathedral in Honduras; León Cathedral in Nicaragua; the Church of la Compañía de Jesús, Quito, Ecuador; the Church of San Ignacio, Bogotá, Colombia; the Caracas Cathedral in Venezuela; the Cabildo of Buenos Aires in Argentina; the Church of Santo Domingo in Santiago, Chile; and Havana Cathedral in Cuba. It is also worth remembering the quality of the churches of the Spanish Jesuit Missions in Bolivia, Spanish Jesuit missions in Paraguay, the Spanish missions in Mexico and the Spanish Franciscan missions in California.[97]
In Brazil, as in the metropolis, Portugal, the architecture has a certain Italian influence, usually of a Borrominesque type, as can be seen in the Co-Cathedral of Recife (1784) and Church of Nossa Senhora da Glória do Outeiro in Rio de Janeiro (1739). In the region of Minas Gerais, highlighted the work of Aleijadinho, author of a group of churches that stand out for their curved planimetry, façades with concave-convex dynamic effects and a plastic treatment of all architectural elements (Church of São Francisco de Assis, Ouro Preto, 1765–1788).
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Artistic style in Europe and colonies, c. 1600–1750
The Baroque ( bə-ROK, -ROHK; French: [baʁɔk]) is a Western style of architecture, music, dance, painting, sculpture, poetry, and other arts that flourished from the early 17th century until the 1750s.[1] It followed Renaissance art and Mannerism and preceded the Rococo (in the past often referred to as "late Baroque") and Neoclassical styles. It was encouraged by the Catholic Church as a means to counter the simplicity and austerity of Protestant architecture, art, and music, though Lutheran Baroque art developed in parts of Europe as well.[2]
The Baroque style used contrast, movement, exuberant detail, deep color, grandeur, and surprise to achieve a sense of awe. The style began at the start of the 17th century in Rome, then spread rapidly to the rest of Italy, France, Spain, and Portugal, then to Austria, southern Germany, and Poland. By the 1730s, it had evolved into an even more flamboyant style, called rocaille or Rococo, which appeared in France and Central Europe until the mid to late 18th century. In the territories of the Spanish and Portuguese Empires including the Iberian Peninsula it continued, together with new styles, until the first decade of the 19th century.
In the decorative arts, the style employs plentiful and intricate ornamentation. The departure from Renaissance classicism has its own ways in each country. But a general feature is that everywhere the starting point is the ornamental elements introduced by the Renaissance. The classical repertoire is crowded, dense, overlapping, loaded, in order to provoke shock effects. New motifs introduced by Baroque are: the cartouche, trophies and weapons, baskets of fruit or flowers, and others, made in marquetry, stucco, or carved.[3]
The English word baroque comes directly from the French. Some scholars state that the French word originated from the Portuguese term barroco 'a flawed pearl', pointing to the Latin verruca 'wart',[4] or to a word with the Romance suffix -ǒccu (common in pre-Roman Iberia).[5][6] Other sources suggest a Medieval Latin term used in logic, baroco, as the most likely source.[7]
In the 16th century the Medieval Latin word baroco moved beyond scholastic logic and came into use to characterise anything that seemed absurdly complex. The French philosopher Michel de Montaigne (1533–1592) helped to give the term baroco (spelled Barroco by him) the meaning 'bizarre, uselessly complicated'.[8] Other early sources associate baroco with magic, complexity, confusion, and excess.[7]
The word baroque was also associated with irregular pearls before the 18th century. The French baroque and Portuguese barroco were terms often associated with jewelry. An example from 1531 uses the term to describe pearls in an inventory of Charles V of France's treasures.[9] Later, the word appears in a 1694 edition of Le Dictionnaire de l'Académie Française, which describes baroque as "only used for pearls that are imperfectly round."[10] A 1728 Portuguese dictionary similarly describes barroco as relating to a "coarse and uneven pearl".[11]
An alternative derivation of the word baroque points to the name of the Italian painter Federico Barocci (1528–1612).[12]
In the 18th century the term began to be used to describe music, and not in a flattering way. In an anonymous satirical review of the première of Jean-Philippe Rameau's Hippolyte et Aricie in October 1733, which was printed in the Mercure de France in May 1734, the critic wrote that the novelty in this opera was "du barocque", complaining that the music lacked coherent melody, was unsparing with dissonances, constantly changed key and meter, and speedily ran through every compositional device.[13]
In 1762 Le Dictionnaire de l'Académie Française recorded that the term could figuratively describe something "irregular, bizarre or unequal".[14]
Jean-Jacques Rousseau, who was a musician and composer as well as a philosopher, wrote in the Encyclopédie in 1768: "Baroque music is that in which the harmony is confused, and loaded with modulations and dissonances. The singing is harsh and unnatural, the intonation difficult, and the movement limited. It appears that term comes from the word 'baroco' used by logicians."[8][15]
In 1788 Quatremère de Quincy defined the term in the Encyclopédie Méthodique as "an architectural style that is highly adorned and tormented".[16]
The French terms style baroque and musique baroque appeared in Le Dictionnaire de l'Académie Française in 1835.[17] By the mid-19th century, art critics and historians had adopted the term baroque as a way to ridicule post-Renaissance art. This was the sense of the word as used in 1855 by the leading art historian Jacob Burckhardt, who wrote that baroque artists "despised and abused detail" because they lacked "respect for tradition".[18]
In 1888 the art historian Heinrich Wölfflin published the first serious academic work on the style, Renaissance und Barock, which described the differences between the painting, sculpture, and architecture of the Renaissance and the Baroque.[19]
Postmodern appreciation and reinterpretations
, New York, with a top broken
, reminiscent of those found in Baroque
tops that are reminiscent of urns that decorate corners, tops and roof railings of buildings and furniture from the reign of
Urns that decorate the roof railing of the Marble Court of the
, Versailles, France, by
, sold at Kartell Milano (Via Carlo Porta no. 1),
Church candlestick, 1681, silver, Museum of the
, inspired by Dutch 16th and 17th century canal houses, by
no. 120, Amsterdam, unknown architect,
Box, part of the Le Jardin de Versace collection, with complex
that are reminiscent of the Baroque ones from the 17th and very early 18th centuries, but also similar to the ones from the reign of Napoleon; designed by
; unknown date; porcelain; unknown dimensions or location
Baroque rinceaux with
, Paris, unknown architect, sculptor and painter,
Baroque rinceaux on an
of tortoiseshell on a brass background,
rinceaux on a vase, by the
, 1814, hard-paste porcelain with platinum background and gilt bronze mounts,
Appreciation for the Baroque reappeared with the rise of Postmodernism, a movement that questioned Modernism (the status quo after WW2), and which promoted the inclusion of elements of historic styles in new designs, and appreciation for the pre-Modernist past. Specific references to Baroque are rare, since Postmodernism often included highly simplified elements that were 'quotations' of Classicism in general, like pediments or columns.
More references to Baroque are found in Versace ceramic ware and fashion, decorated with maximalist acanthus rinceaux, very similar to the ones found in Italian Baroque ornament plates and in Boulle work, but also similar to the ones found on Empire objects, especially textiles, from the reign of Napoleon I.
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