Rebirth: The Financial Giant

Chapter 907 [The international crude oil market has changed its face, and investors are buzzing]

As of the close today, the Shanghai Composite Index closed up +1.99% at 3071.68 points, the Shenzhen Component Index closed up +1.90% at 11711.37 points, and the ChiNext Index closed up +1.85% at 2209.59 points. The two cities still maintain a trillion-dollar trading volume.

Tiansheng Holdings, which had previously traded at the daily limit of the three-link board, closed up +3.60% today at 157,855.69 yuan, a new record high. The transaction volume shrank to 160.7 billion yuan. .

At the juncture that Big A is about to challenge the pressure of 3127 points, the peripheral market has created a negative situation tonight.

Global stock markets fell sharply this evening.

The three major North American stock indexes, the S\u0026P 500 fell -3.39%, the Nasdaq fell -3.10%, the Dow Jones fell -3.58%, and the international crude oil futures market also fell sharply.

The main reason is that the ongoing OPEC+ meeting has created some news that worries the market. There are rumors that the issue of oil production reduction between the bear and the big dog does not seem to be going well this time.

This has frustrated global capital markets, and the drop in oil prices will have at least three negative impacts on global financial markets.

One is that global stock prices in the energy sector will be under pressure;

The second is that the spread of high-yield bonds issued by North American shale oil and gas companies has risen and the market price has fallen sharply, which has caused investors to sell such high-yield bonds, which in turn caused turmoil in the North American credit bond market;

The third is that institutional investors in this part of the Middle East may have to withdraw petrodollars from global markets because of the drop in oil prices, which will trigger a new round of selling pressure in global financial markets.

...

On Friday, March 6, the last trading day of the week opened as scheduled.

The A-share market is also under pressure. The broader market gapped directly and opened lower by -1.03%. The 3040 point just exceeded yesterday has returned. However, the overall performance of the big A is still quite strong today. Although the wait-and-see mood is strong, the funds on the market It also showed a situation of reluctance to sell. There were not many panic transactions, and there was no large-scale outflow of northbound funds.

However, it is said that the current atmosphere in the convertible bond market is very active. The cold dust, who has changed to a new account, was full of 58,600 yuan at the end of yesterday and entered the Shangrong convertible bond. The underlying stock of this bond came out of the third wave of market today. On the second board, the Shanghai Rong Convertible Bonds also rose sharply all the way up.

When the convertible bond soared to +12.68%, Mr. Han closed all the positions, and it continued to rise by more than +18%. Mr. Han ate more than 12 points of meat today, and the funds in the account rose to 66,000 yuan.

Near the end of the trading session, Shangrong’s convertible bonds dived. Teacher Han went in with a full warehouse of 66,000 yuan, and finally rebounded about 3 points and came out. At this time, the funds in his account reached 67,980 yuan. The teacher once again filled the warehouse with 67,980 studs and went in to play the next week's market overnight.

His judgment is that foreigners even copy homework for the standard answer. It is a high probability event that the global Y situation will increase on weekends and weekends. Moreover, he has found that as long as the market is not good, the market of convertible bonds is very good. Stocks do not make money, and many people turn around and play with convertible bonds.

At the close today, the three major indexes of Big A closed down. Tiansheng Holdings also shrunk its volume and stepped on the cross star today after hitting a new high, down -2.19%, and today it shrank to 112.6 billion yuan.

...

At about 17:00 in the afternoon, Tiansheng Capital headquarters.

At this moment, Lu Ming is reading an international news related to the OPEC+ meeting. Just recently, the big news broke out that Russia announced that it refused to reduce oil production!

Snapped!

Lu Ming patted the table, steady!

Seeing this news, they showed a silent smile on the spot. The big dog and the hairy bear finally started to play, and it was finally about to start!

If you refuse to cut production, then the talks will collapse!

At this moment, the international crude oil futures market plummeted, with WTI crude oil plummeting -9.48% to US$41.55 per barrel, hitting a record low since July 2016.

That night, the US stock market opened again out of a flash crash. The S\u0026P 500 fell 4 points, the Nasdaq fell 4 points, the Dow fell more than 3 points, and the market panic index soared.

At the end of the session, the three major North American stock indexes quickly rebounded and rose. The reason is that the chief commander applied for more than 7 billion US dollars of funds, which was used to deal with the control of the North American Y situation, so the panic index turned down at the end of the session. , The three major North American stock indexes rebounded quickly and pulled up.

But on the following weekends and weekends, a piece of news that was even more explosive and comparable to a nuclear bomb broke out, and investors in the global financial market were buzzing.

After the unhappy breakup at the Vienna production reduction meeting on March 6, last Friday, on the morning of the weekend of March 8, OPEC's main country, Shater, quickly threw a king bomb to carry out a counter-bombing operation.

The price reduction and production increase started the international crude oil price war, trying to force the ally back to the negotiating table.

At around 10 a.m. local time today, Shater announced plans to significantly increase crude oil production next month, with a daily production capacity of 10 million barrels. According to people familiar with the matter, Shater has privately informed some market participants that if necessary , which can further increase production, even reaching a record 12 million barrels per day.

At the same time, in order to stimulate sales, Saat State Oil Company, the world's largest crude oil exporter, and the world's largest oil company by market value, Saat Aramco, announced a cut in crude oil sales prices, the largest discount in at least 20 years.

Yat-Aram cut April crude oil sales to Asia by $4-6 a barrel and crude oil sales to North America by $7 a barrel.

The largest discount to the Northwest Europe and the Mediterranean region, with a cut of 6 to 8 US dollars per barrel, will pose a direct challenge to the bear, because this is also the main sales position of Russia's flagship Urals crude oil.

Big dog: I'm stud, you can do whatever you want!

This wave of market strategies with rapid operation and zero shock to the outside world is tantamount to declaring war in the crude oil market.

Investor analysis predicts that this operation is the fastest way to inflict the greatest pain on Russia and other producers, forcing the other party to return to the negotiating table, and quickly adjust production and start reducing production after reaching a further production reduction agreement.

After Shater's god was manipulated, everyone thought so.

However, it didn't take long for the goose to start buzzing!

After receiving the cruel words from the big dog, the Russian side also responded quickly.

You're studding, aren't you? Alright...follow!

This gives investors all over the world the feeling that Mao Xiong dried up a bottle of vodka and left it on the spot, follow!

Novako, the head of the Russian Ministry of Energy, quickly told the media that he has the ability to increase the daily production capacity by 500,000 barrels, and the daily output will reach a record 11.8 million barrels!

You and I on both sides fought a war of words over the air, and the more they fought, the more they escalated!

Global investors call good guys!

Few people would have thought of a meeting organized by the two sides at the beginning of the month to reduce production and stabilize oil prices. The theme of this meeting was to save the market, and it turned into a price war competing to sell!

Eagle sauce is anxious.

It feels like these two guys are backstabbing him together!

Some people think that the recent drop in oil prices in the new year is a move by Lao Mei to crack down on Mao Xiong and Yilang. This is obviously a wrong analysis.

Oil prices fell and even plummeted, but the old and the United States themselves were hurt the most.

The current situation is that Saat, Russia, and the United States are all major oil-producing countries, and the United States has changed from the world's largest oil importer to a net exporter in previous years, but at the same time, the United States is also a large manufacturing country, Known as the country of wheels, it will be transmitted to the service industry of the United States.

Therefore, the interests of the old and the United States are that oil prices should fluctuate within a reasonable range, that is, 50 to 70 US dollars. If oil prices are too high, it will push up the core inflation in North America and bring the risk of stagflation, but If it is too low, it will cause huge losses for the North American oil industry, especially shale oil and gas companies.

Investors all over the world who hold oil commodity assets are shivering, especially those who open long futures. They dare not open the software to see the opening on Monday. Those who play futures are often with high leverage, and they are afraid to open the software and take a look. Died on the spot!

...

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