Rebirth of the Financial Overlord

v5 Chapter 131: Strangulation of the Global Monetary Fun

"After today, we just want to be poor."

   "Haha. Let's have a toast first."

   "......"

   "Mike. The pound is going to be over this time. Come on, let's have a toast."

   "The dog is soliciting."

   "......"

   "Two hundred and fifty basic points, know what this means? It means that the Bank of England will release at least hundreds of billions of pounds. God, what are we waiting for without shorting the pound?"

   "Ma Silong. I always feel a little worried."

"God. What are you worried about? The sky is falling and there is still a tall man standing on top. Shen, do you know? He is my idol, and it is said that they have established a selling position of at least 40 billion pounds in pounds. We What to worry about."

   "Okay. Then how big of a position shall we open?"

   "Of course it's all."

   "......"

   "......"

  The relationship between supply and demand determines the price factor.

  Currency is called currency, and theoretically, it is inseparable from the logical relationship between supply and demand and price.

   The Bank of England first restored interest rates, which had dropped by 500 basis points, and then cut interest rates by 250 basis points at one time, which means that more pounds will circulate in the market.

   Now that the pound has withdrawn from the European exchange rate mechanism, the Bank of England has no obligation to buy the pound.

  Everyone knows that the pound will continue to plummet.

  People all over the world know that the pound will fall into a bottomless abyss.

   Is there a reason not to go short?

No.

  True speculators know that no matter in any market, there is only one lowest price point, and there is a new low below the new low. In the current chart of the British pound sterling, a large Yinxian of the monthly level has swallowed countless Yangxian, like a great axe falling from the sky, no one knows how deep a ravine will be cut.

   As the news of the Bank of England’s interest rate cut was fermenting in the market, for a while, the world did not know how many speculators and fund companies had bet their careers and luck on the short convergent trade of the British pound.

   Wall Street, Chicago, Boston, Singapore, London, Tokyo, the world's numerable international financial markets, speculators and fund managers are all ready to do a big job.

   Of course, not everyone wants to be ready to play against the pound short.

   Just like the market goes up and down, no matter any price, there will always be different traders holding completely opposite views.

   Hong Kong Central, China Coast Investment Management Co., Ltd.

  According to the news from Britain, the general manager headed by Li Qingshan and the vice president headed by Sun Hongbing convened a temporary discussion meeting.

Since the Bank of England became the central bank of Great Britain, it has never lowered interest rates by 250 basis points at one time. This kind of super-spending money, everyone knows that the circulation of the pound sterling will increase sharply. With such a large interest rate stimulus, The money that lay in the bank and slept will only continue to flow into the market.

   into the physical industry, into the securities industry, or into the United States, or into Asia, or into the German market.

   But one thing is absolutely certain. As bank deposit yields decline, government bond yields will also decline. Under such big negative factors, the pound will continue to depreciate.

   However, when talking about the execution of positions, the company's vice president Sun Hongbing once opposed the company's proposal to increase positions, and even put forward a requirement to settle some of the positions.

   "Red Soldier. You said lighten up? The Bank of England cut interest rates by 250 basic points at a time. This is unprecedented in the history of the United Kingdom. Should we wait?"

   "Yes, Mr. Sun. Now the whole world knows that the pound will depreciate. This is a great opportunity."

   "......"

   A pair of eyes looked at Sun Hongbing suspiciously, but there was no aggressive look.

   As the company’s most highly educated college student and a major in economics and finance, he persuaded the Administration of Foreign Exchange to set up the Coastal Investment Company. Therefore, although Sun Hongbing is not the number one in the company, he enjoys a special status.

   But now, everyone does not understand. A huge opportunity is in front of him, but Sun Hongbing is opposed to continuing to increase positions. Everyone hopes that he can give a reasonable explanation.

   Being watched by colleagues, Sun Hongbing couldn't help but smile.

   After all, he has been out to work for a long time. He knows that there are some things that cannot be put on the surface. The things his teacher Shen Jiannan taught before are not recognized by the world at all.

   "Red Soldier, you are talking!"

   In a while, London is about to begin. Li Qingshan couldn't help but urged again. It was about tens of millions of dollars to stay or leave. He really couldn't calm down.

   "Things are bound to reverse the general trend, I think everyone has heard. The pound has fallen by more than 30% from its peak to the present. With such a big drop, I think that even if the pound has not bottomed out, it is about the same."

"But the whole world now believes that the pound will continue to fall. Even an economics professor at Harvard University has expressed his views on the pound. He believes that the pound will cut interest rates by 2.5% at a time. Getting out of economic difficulties, but in the short term, it will inevitably have a more severe impact on the pound.

  Harvard University?

Uh......

   It is inevitable that people will be influenced by others. In the past, Harvard University in Sun Hongbing's eyes was the same as the Temple of Learning. In other words, 90% of people in the school regarded Harvard as the Temple of Wisdom.

But after someone talked about the taint of Harvard University, how shameless and despicable professors and mentors are, how much money can be spent to enter this university, and how much money can be used for those professors to cooperate with the speech, is the respect for the temple in Sun Hongbing's heart early? Collapsed.

   When I heard someone use American universities to refute him, this guy felt a little upset.

   "What happened to the Harvard professor? My teacher taught me. The factor that determines the price is never demand or supply. If the world is short on the pound, it must mean that the pound will continue to fall? Who rules."

   "......"

   The person who refuted Sun Hongbing almost didn't choke to death.

   In China, due to the blockade and selection of overseas news, many people don't know who the teacher in Sun Hongbing's mouth is, but as the director of an investment company in Hong Kong, everyone is working together again, who would not know who the teacher in Sun Hongbing's mouth is.

   There is no harm if there is no comparison. One is just an academic professor in the United States, and the other is a financial crocodile who has made Europe so hard. Whoever has more correct theories and opinions has no comparison at all.

  The head of the rebutting department wisely closed his mouth. Although he was still a little unconvinced in his heart, he did not have the courage to continue to rebut the facts.

   Sun Hongbing did not continue to bite people like a dog. Working in this kind of unit, there are some things that are unnecessary.

   But this boy's chest ~lightnovelpub.net~ can't help but stand up. If it weren't for other ties, he really wanted to go to Europe with his teacher.

"We can think about it, the Bank of England or the British Cabinet, don't they know that the interest rate cut will bring more pressure on the pound? Why do they dare to continue to cut interest rates? Do they want the pound to depreciate and hope that the British wealth will continue to be plundered? "

   "......"

   It seems, this is the truth!

   Everyone present couldn't help but look at each other. Interests are the only thing the country pursues. After all, Britain is an established capitalist country in the West. Capitalism should not expose such a big loophole.

   "What's more, the foundation of Britain's industry has not really been destroyed. Hong Kong alone can provide Britain with a lot of resources every year."

   "At this time, there is only one possibility for the UK to lower interest rates, and they are sure that it will not be too bad for the pound."

   "......"

   "But if this interest rate cut will not have a worse impact on the pound, what else will have a worse impact on the pound?"

   "......"

   "If not, would we not be in a very passive situation."

   "......"

   "Vice President Sun is right, that's it. Lao Zhang, will open the market later, and settle two-thirds of the position according to Vice President Sun's explanation."

   "......"