Reborn Financial Overlord
Page 407
"Hmm! Don't you think the British are the donkeys? They're at the end of their ropes now. The market is right, and if the British are able to wreak havoc on the bears when they raise interest rates for the first time in two hours, then It shows that the British are not just braying donkeys.
But what we've seen, the Bank of England is simply vulnerable, oh my god they raised interest rates to 12.00% and the pound lost eight percent.
what does this mean?
It means that the British can only bark except for barking, and they have no strength at all. They seem to be tall and have sharp teeth, but they have no offensive ability. "
"..."
"Shen... let's work first, and then..."
"......"
"You donkey..."
"..."
ding ding ding-
Unexpectedly, the phone rang, and the donkey...uh...Shen Jiannan had to stop and picked up the phone.
"Mr. Shen. I am Third Brother's younger brother Donkey. Just now, Third Brother was taken to the West Kowloon Police Headquarters. Let me tell you when he goes."
"Well. I see. Let Charlie Cao drag those guys first, and I will solve it as soon as possible."
"Yes."
Chapter 1: 16 billion pounds were robbed in two hours (updated)
After hanging up the phone, Shen Jiannan's dark eyes flickered a few times.
If the Hong Kong government uses funds to buy British pounds, it has to consider shrinking the stock of Hong Kong dollars. After all, there is still a long time before 97. To ensure that Hong Kong is not too turbulent, it can also make a fortune. Squeezing from the hands of the society has become a best means.
Just like the establishment of the Independent Commission Against Corruption, the nighttime tax is now being increased for major associations. If it goes well, it can also demonstrate righteousness in the name of sweeping black and evil.
In this game, the real battlefield is still in the market.
"William. Continue to increase positions. We need to let the British realize the seriousness of the mistake as soon as possible."
Picking up the phone, Shen Jiannan dialed the internal number.
"Yes, boss."
William is a very good trader, in the two years of trading, he has learned how to control the blood below the head.
"Three. The spot market increased selling pressure."
"Little Four. Can you fucking stop and break the support of 2.76 for me?"
"..."
The young man's reaction was quickly reflected in his actions. Amid William's cursing, the traders present held a keyboard and a phone, and quickly reported a set of numbers.
"2.76 sold for £600 million."
"2.74 sold for £600 million."
2.7618 sold 666
2.7589 sold 666
......
1.9015 sold 66
1.8975 sold 66
1.8965 sold 66
......
The story of Guizhou's donkey.
Naturally, people outside of China have rarely heard of it, but the top of every field has figured it out. Smart people can easily figure out the truth contained in the story of Guizhou Zhilu.And no one who can speculate is not smart. As for those who are not smart, they have already been strangled in the inhumane millstone of the market.
London, financial district.
Karas Butler looked at the price of sterling on the Reuters screen, and a smile appeared on his cautious face.
An interest rate hike is absolutely positive for the price of the pound, and a two-hour rate hike of 5.00% is even more positive.However, under this super favorable situation, the price of the pound sterling did not rise but fell, which means nothing could be clearer.
The Bank of England is now like a tiger without teeth and claws, and it can't do any harm at all.
Otherwise, if the interest rate is raised by 5.00%, the price of the pound should have flown into the sky long ago.
Without any hesitation, Karas Butler quickly typed a set of numbers on the keyboard.
collapse--
237575 sold 100
Singapore, Samurai Kat.
A thin but sharp-eyed Chinese man squinted his eyes and stared at the computer screen on the table like a vulture clutching the mouse. The Bank of England raised interest rates again by [-]%. He was really not sure what would happen. What changes did it bring to the market.
But he is not in a hurry, the biggest short in the market has not yet shown any signs of reducing his position, so why should he panic with this little money.
The boat is so small that it's easy to turn around. Anyway, he has already made a hundred thousand dollars, so he can just spit out two-thirds of it.
Suddenly, a series of red numbers popped up like bullets on the computer's handicap. With the appearance of these numbers, the British pound, which rebounded like a fishhook, fell back and dived straight down with a more violent reaction.
For a moment, a smile appeared on the man's face.
A rate hike is good, and a two-hour rate hike of 5.00% is super good.But since the Bank of England raises interest rates at this time, it means that the situation of the pound is very bad, and the more the increase, the worse the situation.
Otherwise, why raise interest rates?
The persimmons are still so weak. Since the teacher dared to sing empty sterling, it shows that the situation of the pound is very bad.
What are you waiting for if you don’t increase your position!
1.8925 sold 22
1.8915 sold 22
......
There is often a certain plot on TV. When the flag of a certain side suddenly disappears, the momentum of the entire army will be frustrated, and even cause escape and mutiny. If it becomes the enemy's flag, even the will to resist cannot be raised. From then on, the well-trained soldiers would flee as desperately as if they had lost their souls.
This is very puzzling.
But it actually makes sense.
Because the flag has become a belief unknowingly during the long-term battle, and has been integrated into the soul of every soldier. With the battle flag waving, they will be invincible, and the fall of the battle flag means the collapse of faith.
666.
The Finnish mark collapsed under this set of devil numbers, the Italian lira collapsed under this set of devil numbers, and the Spanish peseta also collapsed under this set of numbers.
I don't know when, 666 has already become the iron-blooded battle flag of bears in the market.
London, Singapore, Japan, Hong Kong, New York, Boston, Chicago...
Under the transmission of the Internet, almost at the same time, the pound spot and futures markets in major financial markets suffered huge selling.
The overwhelming sales swallowed up all the purchases like a bottomless pit. The handicap of pounds in various regions, densely packed with various numbers, is as red as an ocean of blood, which makes people feel crazy.
British pound exchange mark 2.7498, down 15.00%.
Pound to dollar, 1.8975, down 14.00% point two.
How could this be?
How can there be so many selling orders?
Bank of England, Markets and Trading.
Robin Leigh Pemberton stared blankly at the Reuters screen, his mind blank.
Five minutes ago, he was still thinking about what kind of impact this 5% interest rate hike would have on the economy, and how much it would cost to repair the impact of this interest rate hike if the price of the pound could be maintained.
But as a result... not only did the price of the pound not rise, but it started to plummet again like a waterfall.
Fast, too fast.
It was so fast that Pemberton couldn't believe his eyes.
It makes no sense!
Prior to this, Pemberton had already calculated that the major banking institutions have not lent out a large amount of British pounds recently, and no money has been lent out. There should not be such a large sell-off in the spot market at all.
But the result is right in front of us. The spot market is like a magic trick, and there are constant sell-offs to suppress it.This puzzled Pemberton. He really couldn't figure out where all the cash in the market came from to sell it.
Of course, this cannot be blamed on the ignorance of the governor of the central bank. Who would have thought that there was a coward who had been borrowing money from the bank to buy treasury bonds two months ago to lock the pound in circulation in the market, and there was no circulation transaction. Damn it if you can find the tricks in it.
"President. We only have [-] million left."
"......"
[-] million!
Hearing this number, and looking at the 16 billion pounds loss calculated by the central computer, Pemberton's heart felt as if someone had stabbed him bitterly, and felt a pain that he had never felt before.
This means that in just two hours, Great Britain has been robbed of a full £16 billion, and that's while the 5.00% hike in interest rates continues to wreak havoc on the economy.
Chapter 1: The Japanese Are Trapping Us
The dazzling sunlight penetrated through the glass and shone on Robin Leigh Pemberton's face, but although the sunlight was warm, he couldn't feel any warmth, as if his whole body had been sucked away. Unbearably tired.
The empire was once proudly on top of the world, the flag of the empire on which the sun never sets was planted in every corner of the world, and its colonies even occupied one-third of the earth. The Bank of England was also known as the most powerful central bank in the world. The central bank has a new monetary policy, and financial markets around the world will tremble.
How powerful the empire was at that time, but now, the central bank has used tens of billions of pounds of foreign exchange to maintain the currency value under the interest rate hike of 5.00%, but it has achieved such a result.
Why, we didn't notice any signs of trouble before this?
Unemployment rate rose [-] percent year-on-year in August...
London house prices slipped six per cent in August...
London, Treasury Building.
Norman Lamont looked at the statistical report and the analysis of the consultants handed over by his subordinates, his slightly rich face wrinkled together, like a bitter melon that had been beaten by frost.
The UK's current economy can no longer withstand greater pressure, but the pound can no longer withstand tremendous pressure.
To preserve the current economy, it is necessary to implement a loose monetary policy. For the current UK, it is simply slow suicide.The exchange rate is related to whether the United Kingdom can stay in the European Community, and it is related to the economic and trade exchanges between the United Kingdom and neighboring countries. If the pound is forced to withdraw from the ECU, high tariffs will make British exports uncompetitive in the whole of Europe. By then, Great Britain You can only watch other second-rate countries cannibalize the market of Great Britain.
This is the fate of the nation for a hundred years. When that time comes, he, the most intelligent treasurer, will probably be permanently engraved on the cross of shame.
However, if the exchange rate is to be maintained, a tightening monetary policy is needed, which will in turn deal a serious blow to the domestic economy. At that time, he, the finance minister, will most likely be thrown out by those politicians.
After thinking for a long time, Norman Lamont couldn't come up with a complete solution.
He suddenly realized that it was the most stupid thing to compete with Christopher Francis Berten for the position of Chancellor of the Exchequer. If he had deliberately declined at that time, then the person facing this difficult problem today would be Christopher Francis Berten, and He may go to Hong Kong to earn a lot of money.
The more I think about it, the more depressed Norman Lamont becomes,
In early 1990, Christopher Francis Patten and two other cabinet ministers accused Thatcher of reforming monetary policy and urged her to resign.Waiting until the general election in November, under his planning, the Conservative Party led by his friend Sir John Major unexpectedly won the general election.
The relationship between the two was very good. Sir John Major and Christopher Francis Berten agreed that after he took office, as long as Berten could keep his position in the House of Commons, he would be hired as Chancellor of the Exchequer.
As a result, Christopher Francis Patten failed in the House of Commons seat in the Bath constituency and was forced to resign from the seat. He was sent by Sir John Major to Hong Kong to serve as the Governor of Hong Kong, and Norman Lamont became the Chancellor of the Exchequer.
At that time, Norman Lamont was excited about this for a long time.
Chancellor of the Exchequer...in charge of money!The business and banking circles have to rely on their noses, and in the future, they will definitely be able to make a lot of money.
But in the past few years, he has discovered that it is actually more profitable to go to the colony to be the boss to make money.
Huo De, a mere chief secretary, can only be regarded as the second servant of the Governor of Hong Kong. He has made a lot of money in Hong Kong. The equity he holds in Li Chengcheng's family is enough for that bastard to enjoy his old age. Plus The huge monthly cash bonuses of the major clubs, living like a god.
As the Minister of Finance, he seems to have infinite glory, but until now, the benefits he has earned are not even comparable to that of Huo De, let alone Bai Teng, who is the emperor of the soil in Hong Kong. , can also be knighted by the Queen.
That guy Major must be scolding me, and that bastard Berten must be waiting to see my jokes.
Thinking of all the past, Norman Lamont suddenly wanted to get drunk.
He deeply suspected that Christopher Francis Patten had deliberately failed and waited for him to be the Chancellor of the Exchequer to dig a hole for him.
I hope that bastard Baiteng can bleed a lot this time.
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