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geha

@gehado20

I like it when I see all the cute animals.
I love working because I want a better life

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calendar_today15-05-2014 15:43:29

33 Tweet

33 Followers

667 Following

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Over the course of a full business cycle, the dollar is expected to weaken against major currencies, such as the euro, which also helps returns for U.S. investors after they switch to international stocks

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In international commodities, oil prices rose 2 percent as investors looked forward to cooling U.S. inflation, prompting the Federal Reserve to ease policy tightening. WTI crude futures for May delivery rose $1.79, or 2.24%, to settle at $81.53 a barrel.

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By the end of the day, the Dow was up 100.71 points, or 0.30%, at 33,987.18. The Nasdaq rose 34.26 points, or 0.28%, to 12,157.72. The S&P 500 was up 13.68 points, or 0.33%, at 4151.32.

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The dollar index is heading for its longest weekly decline in nearly three years. Fed funds futures price in potential recessions and rate cuts. Bets against the dollar are also gathering in the derivatives market, with investors on opposite sides of the scale.

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Spot gold fell $3.77, or 0.19 percent, to $1,979.87 an ounce. Gold futures fell 0.01 percent to $1,990.30 an ounce. Both spot and futures prices fell more than 1 per cent last week, the second straight week of declines.

Spot gold fell $3.77, or 0.19 percent, to $1,979.87 an ounce. Gold futures fell 0.01 percent to $1,990.30 an ounce. Both spot and futures prices fell more than 1 per cent last week, the second straight week of declines.
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Blue-chip Dow futures rose 167.7 points, or 0.50 percent, S&P 500 futures rose 25.0 points, or about 0.62 percent, and tech-heavy Nasdaq 100 futures rose 121.5 points, or 0.95 percent.

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The yield on the February Treasury bill, which is most closely tied to the Fed's rate expectations, rose 12.4 basis points to 4.079%, retracing the 4 percent mark lost earlier this week.

The yield on the February Treasury bill, which is most closely tied to the Fed's rate expectations, rose 12.4 basis points to 4.079%, retracing the 4 percent mark lost earlier this week.