Kurt Osterberg

Browsing All Posts By Kurt Osterberg

Finance 0
Gold Hits 7-Week Low

Gold prices dropped nearly 1.8% on Monday to settle at their lowest level since May 10 as the dollar firmed after stronger-than-expected manufacturing data bolstered confidence in the US economy. The ...
On July 4, 2017 / By Kurt Osterberg
Finance 0
Bond Bloodbath Continues, Tech Stocks Sink To 2-Month Lows

It all started off well, dip-buyers moved in on quiet volume and everything was awesome. But then the cash market opened and selling started in both bonds and stocks, slamming both to 2-month lows&#...
On July 4, 2017 / By Kurt Osterberg
Finance 0
Average Gasoline Prices For Week Ending 3 July 2017 Fell Almost Three Cents Again

Average gasoline prices fell 2.8 cents this past week following the previous week’s 2.9 cent fall. Average prices by region and a breakdown by grade follow after “Read more….”....
On July 4, 2017 / By Kurt Osterberg
Finance 0
Indian Indices Trade Marginally Lower; Consumer Durables Stocks Witness Selling

Share markets in India are presently trading marginally lower. Sectoral indices are trading on a mixed note with stocks in the consumer durables sector and auto sector witnessing maximum selling ...
On July 4, 2017 / By Kurt Osterberg
Finance 0
Where Will The Dollar, Euro, Oil And Equities Head In The 3rd Quarter?

The second quarter ended with both a remarkable restraint in volatility and exceptional progress for key markets like equities (a 7 quarter climb for the S&P 500) and the Dollar (the worst quarte...
On July 4, 2017 / By Kurt Osterberg
Finance 0
Emerging Market Mania – Fed ‘Tightening’ Sparks Best Gains Since 1993

Emerging market stocks head into the second half of 2017 following their best string of monthly gains since 1993 as strength in the U.S. equities, economic growth in China and better-than-expecte...
On July 4, 2017 / By Kurt Osterberg
Finance 0
AUD/USD Falls Sharply To 0.76 After The RBA Sounds Worried

The Reserve Bank of Australia left interest rates unchanged, as widely expected. However, the team led by Phillip Lowe disappointed Aussie bulls by not providing a hawkish tone. Contrary to the ECB ...
On July 4, 2017 / By Kurt Osterberg
Finance 0
EUR/USD, USD/JPY Wave 4 Arrives At Fibonacci Decision Zone

EUR/USD 4 hour The EUR/USD is building a pullback after breaking above resistance (dotted lines).A bullish bounce could see price approach the Fibonacci targets of wave 5 (purple) which could complete...
On July 4, 2017 / By Kurt Osterberg
Finance 0
Dollar Sell-Off Reminiscent Of Shanghai-Accord In 2016

The US dollar index has been witnessing one of the strongest sell-offs recently. The decline last week was the second in the periods between April and June. After rising to the strongest levels abo...
On July 4, 2017 / By Kurt Osterberg
Finance 0
USD/JPY Eyes May High Amid Growing Bets For December Fed Rate-Hike

Ticker Last High Low Daily Change (pip) Daily Range (pip) USD/CAD 1.3001 1.3007 1.2965 33 42 The near-term strength in the Canadian dollar may persist over the coming days as the region’s employment...
On July 4, 2017 / By Kurt Osterberg