Kurt Osterberg

Browsing All Posts By Kurt Osterberg

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BofA Stunned By Drop In Gasoline Demand: “Where Is Driving Season?”

Exactly six months ago, when oil bulls still held on to some fleeting hope that OPEC may somehow stabilize the crash in oil prices despite the shift in marginal oil production from low-cost OPEC produ...
On July 9, 2017 / By Kurt Osterberg
Finance 0
‘The Clock May Stop Ticking’: Oil Price Rout Bites As HY Energy Issuance Plunges

As oil continues to struggle amid persistent worries about US production, rising OPEC exports, and nagging concerns about who would or wouldn’t support deeper/longer cuts… …some folks are ask...
On July 9, 2017 / By Kurt Osterberg
Finance 0
US Trade Deficit Declines In May: ETFs In Focus

The U.S. trade deficit shrank in May 2017, owing to impressive export data. Rising shipments of automobiles and consumer goods contributed to the decline. Per the Commerce Department, U.S. trade defic...
On July 9, 2017 / By Kurt Osterberg
Finance 0
S&P 500, DAX, FTSE 100 Threatened By Risk Aversion

Fundamental Forecast for Equity Indices: Bearish S&P 500 To conclude last week the market responded positively to the mixed June jobs report – while the headline NFP figure was a solid beat ...
On July 9, 2017 / By Kurt Osterberg
Finance 0
June NFP: Something For FOMC Hawks And Doves Alike; No Change In Expectations – CIBC

The US enjoyed a gain of 222K jobs but wages remained stuck at 2.5% once again. What’s next? Here is their view, courtesy of eFXnews: CIBC Research comments on today’s US jobs report for the mon...
On July 9, 2017 / By Kurt Osterberg
Finance 0
Weekly Forex Forecast – Sunday, July 9

AUD/USD The Australian dollar continues to be choppy, as the markets have been trying to form some type of ascending triangle. Ultimately, if we can break above the 0.7750 level, the market can go muc...
On July 9, 2017 / By Kurt Osterberg
Finance 0
Week Ahead: Bank Of Canada, US CPI, And UK Labor Update Featured

On June 26, the 10-year generic German yield closed at 24.5 basis points. It finished last week a little over 57 basis points. The similar Italian yield has risen 45 basis points to 2.05%. The short-...
On July 9, 2017 / By Kurt Osterberg
Finance 0
Enterprise Products: A Top-Quality MLP With A 6.2% Yield, And Dividend Increases For 52 Consecutive Quarters

Enterprise Products (EPD) is a best-in-class Master Limited Partnership. MLPs have high appeal for income investors, because they have certain tax advantages, and typically offer high dividend yields....
On July 9, 2017 / By Kurt Osterberg
Finance 0
Canadians Brace For A “Perfect Storm” Brewing In Housing Market

We’ve spent a fair amount of time discussing Canada’s housing market over the past several months as Chinese money laundering operations have sprouted up bubbles all over the place.Here...
On July 9, 2017 / By Kurt Osterberg
Finance 0
Weekly Economic & Political Timeline – Sunday, July 9

There are a few very high-impact news items scheduled this week, primarily affecting the Canadian Dollar, as well as the U.S. Dollar which is the most important currency in the Forex market. Therefore...
On July 9, 2017 / By Kurt Osterberg