Kurt Osterberg

Browsing All Posts By Kurt Osterberg

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Mexico’s First-Quarter Growth Revised Higher

from the Dallas Fed — this post authored by Jesus Canas Mexico’s economy grew faster in first quarter 2017 than previously estimated. Gross domestic product (GDP) increased 2.7 percent, accord...
On July 4, 2017 / By Kurt Osterberg
Finance 0
Gold Prices Fall Most In 7 Months As ISM Feeds Fed Rate Hike Bets

Gold prices suffered the largest decline in over seven months as US Treasury bond yields rose alongside the US Dollar, sapping the appeal of anti-fiat and non-interest-bearing assets. A hawkish shift...
On July 4, 2017 / By Kurt Osterberg
Finance 0
Sensex Finishes Flat; Pharma & FMCG Stocks Fall

Indian share markets continued to swing between gains and losses in the afternoon session as market participants booked profit in recent outperformers. At the closing bell, the BSE Sensex stood low...
On July 4, 2017 / By Kurt Osterberg
Finance 0
AUD Reverses Sharply As RBA Disappoints Bulls

Key Notes from The Statement As was widely expected, the RBA kept rates on hold at their July meeting. The tone of the meeting remained roughly neutral with a policy outlook identical to that of June,...
On July 4, 2017 / By Kurt Osterberg
Finance 0
Global Stocks Rebound From N.Korea ICBM Jitters; US Markets Closed For “Amexit Day”

With the US out on holiday for the 4th of July, overnight trading volumes have been muted, as Europe started off in the red but has since trimmed most losses (Stoxx 600 -0.1%) while S&P 500 future...
On July 4, 2017 / By Kurt Osterberg
Finance 0
EUR/JPY Elliott Wave View: Ending Impulse

Short term EUR/JPY Elliott Wave view suggests the decline to 122.35 on 6/15 low ended Intermediate wave (X). The rally from there is unfolding as an impulse Elliott Wave structure with extension. Th...
On July 4, 2017 / By Kurt Osterberg
Finance 0
Selling SNC-Lavalin & Buying Amazon

Back in April 2015, I made a bold move in my portfolio; I sold Scotiabank (BNS.TO)(BNS) to buy SNC-Lavalin (SNC.TO)(SNCAF). Many readers weren’t too sure about this move, but I’ve proven that I w...
On July 4, 2017 / By Kurt Osterberg
Finance 0
WTI Crude Oil And Natural Gas Forecast – Tuesday, July 4

WTI Crude Oil The WTI Crude Oil market initially fell on Monday, but found buyers below to turn things around and closed towards the top of the range. Because of this, looks as if there is going to be...
On July 4, 2017 / By Kurt Osterberg
Finance 0
E GBP/JPY Intraday Correction

GBP/JPY can be trading in a potential flat correction as part of red wave iv), with recently completed sub-wave a and b. That said we can now see more weakness to follow into wave c, ideally to around...
On July 4, 2017 / By Kurt Osterberg
Finance 0
Timberland Investors See 0% Growth Rate For Harvesting Costs

Today, we’ll look at KPMG’s effort to determine who exactly the investors in timberland are, what their underwriting assumptions are, and what are their expectations for the coming 12 months. T...
On July 4, 2017 / By Kurt Osterberg