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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Geopolitical

Key Events This Extremely Busy Week: GDP, Employment Costs, PCE, Income & Spending, And An Earnings Avalanche

October 24, 2022 Mariel Alumit

In his preview of the week’s economic calendar, DB’s Jim Reid writes that maybe the most interesting data this week comes on Friday with the Q3 employment cost index (exp. at +1.2% vs. +1.3% last […]

Tesla
Geopolitical

Tesla Tumbles After Price Cuts, Other EV Manufacturers In Focus

October 24, 2022 Mariel Alumit

Shares of Tesla are down about 7% in the pre-market session after the company cut the price of some of its cars in China, drumming up concerns about demand just days after Musk said the […]

No Picture
Geopolitical

“One Wonders Who The Real Morons Are”

October 24, 2022 Mariel Alumit

By Michael Every of Rabobank Hu’s who and what’s what For some, today’s big news is former British PM BoJo dropping put of the Tory leadership contest, marking the coronation of former Chancellor Sunak as […]

Finance

Did The BoJ Just Blow $50 Billion For Nothing…

October 24, 2022 Mariel Alumit

Sunday night’s FX market open saw another ‘interventionesque‘ surge in the yen relative to the dollar as Friday’s 6 handle surge and purge rebounded. However, 12 hours later this latest attempt to manipulate markets has […]

Finance

Big Tech Profits Set To Fall Most In Three Years

October 24, 2022 Mariel Alumit

By Jeran Wittenstein, Bloomberg reporter and analyst Once the key growth engines for the S&P 500 Index, megacap technology stocks are slated to enter this earnings season with diminished stature: profits are expected to fall […]

crude oil
EIA News

As much as 15 million barrels of crude oil sold from the U.S. Strategic Petroleum Reserve

October 24, 2022 Mariel Alumit

October 24, 2022 Data source: U.S. Energy Information Administration, Weekly Petroleum Status Report The U.S. Department of Energy (DOE) announced a notice of sale of as much as 15 million barrels of crude oil from […]

No Picture
Climate Crisis

“Blood on their Hands”: Two Women Die, including a Mother of Four, in Climate Protest Traffic Chaos

October 24, 2022 Mariel Alumit

Essay by Eric Worrall Eco-protestors in Britain appear to be racking up a body count. ‘Just Stop Oil’ Activists Have ‘Blood On Their Hands’ After Two Women Die Amid Bridge Stunt KURT ZINDULKA23 Oct 202291 […]

Russia
Finance

Russia Leans On Turkey, India, China For Oil Sales Before EU Ban

October 24, 2022 Mariel Alumit

By Julian Lee, Bloomberg oil strategist and former senior analyst at the Centre for Global Energy Studies. The three countries that helped Moscow to maintain crude exports in the wake of its invasion of Ukraine […]

NGT
ET Renewable

NGT asks solar firm to plant 10 times trees cut by them for Rajasthan plant

October 24, 2022 Mariel Alumit

NGT chairperson Justice Adarsh Kumar-headed bench, after going through the report of a fact-finding committee, held AMP Energy Green Four Pvt Ltd accountable for the illegal cutting of trees under section 15 of the NGT […]

GEDA
ET Renewable

GEDA to install solar cooking system at Latur in Maharashtra

October 24, 2022 Mariel Alumit

The installation, which will cost around Rs 1.5 crore, will lead to saving of 171 kg of LPG per day. The system boasts a lifespan of 20 years with a payback period of 2.5 years. […]

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