Future News: If You Have Money, Don’t Be In Trouble

Ye Qiusheng is visiting Hong Kong Island for the first time, and there are many places to visit.

After dinner at the hotel, he wandered out alone.

Master, go to Victoria Harbour? Ye Qiusheng told the taxi driver.

When we arrived at Victoria Harbour, it was the moment when the lights were first put on.

Looking around, neon lights are flickering, brightly lit, colorful, and high-rise buildings are row upon row and patchwork.

What a beautiful scene.

Ye Qiusheng has been to the Bund in Shanghai, and he feels that the scenery here is comparable to the Bund, and even slightly better.

He took pictures of people or scenery from time to time while he was visiting.

While playing happily, the phone in his hand suddenly buzzed and vibrated.

Ye Qiusheng glanced at the phone screen, and saw a reminder banner appearing on the lintel above.

[Trigger the recommendation mechanism, and the web page has random news push]

This is the 4th time that the webpage recommends instant news, and it is quite frequent.

Just don't know what to push? As long as it's not saving people and putting out fires, he doesn't want to be a saint.

At this moment, he was in the middle of a huge crowd, crowded with people, so he was not in a hurry to read the news feed.

Looking around, there is an open-air water bar about 100 meters ahead on the left, and there are not many people.

He went there, went into the store and asked for a glass of pineapple juice.

When I came out and took a look, the six tables with parasols were all occupied, two or three, and only one of the tables was a middle-aged man sitting.

He walked over with a plastic cup and said politely to the man: Can I sit here?

The middle-aged man rolled his eyelids and glanced at him, without speaking, his eyes turned to the direction of the port again. Biqu library

Ye Qiusheng shrugged, sat down, took a sip of pineapple juice with a straw in his mouth, and put it on the table, then took out his phone and clicked on the [News Feed] icon.

[Instant News] At 21:30 on the evening of the 9th, Kyoto time, the website of the Bureau of Statistics of the Ministry of Labor of the United States announced the consumer price index in April. After seasonal adjustment, the consumer price index (cpi) of the United Kingdom in April increased by 0.8% month-on-month , Inflationary pressures increased sharply.

The data shows that in April, the beautiful country's cpi increased by 4.2% year-on-year, the largest year-on-year increase since September 2008. After excluding food and energy prices, the core cpi increased by 0.9% month-on-month, the largest increase since April 2891.

The announcement of the country's consumer price index caused a strong reaction in the foreign exchange market. USD/JPY fell off a cliff at 21:31, falling by 156 basis points in 5 minutes, from 109.66 to 108.10, a drop of more than 1.36%.

As of press time, USD/JPY has rebounded to 109.33.

The news is from an hour later.

Ye Qiusheng frowned.

What is the web host doing? Let me test the waters of forex trading today? This is definitely the case with the urine of web page hosts.

But this is indeed a good opportunity.

And since he opened an account in AsiaInfo, he also wanted to find an opportunity to try his practical skills.

Glancing at the time on the phone, it was 21:03, and the news event was about to happen in 20 minutes, and it was too late to go back to the hotel.

He opened the AsiaInfo trading app and switched the foreign exchange trading interface to the Asian market.

The foreign exchange market is open 24 hours a day, and after 7 pm every day is the Asian trading time.

Open the USD/JPY time-sharing chart.

At this time, USD/JPY is at the highest level of 109.68 today, with a fluctuation range of about 5 points, and the market is stable.

Is the consumer price index so lethal? He muttered something.

The middle-aged man opposite seemed to hear it. He turned his head and glanced at Ye Qiusheng who was concentrating on his phone, and said with disdain: Are you playing foreign exchange?

Ye Qiusheng nodded upon hearing this.

The middle-aged man turned his eyes to the dark sea under the night, and said: That is a road of no return, just like the ocean in the dark night with no end in sight.

Ye Qiusheng clicked on the trading page, and while reviewing the operation steps of buying short positions in his mind, he said: Do you know foreign exchange?

Been playing for ten years. The middle-aged man muttered to himself without taking his eyes off the sea. The consumer price index reflects the overall price changes of the final goods and services purchased by consumers, and is a tool to measure the level of inflation.

The middle-aged man seemed to be answering Ye Qiusheng's self-talk just now.

Ye Qiusheng lifted his spirits, and the man opposite seemed to be an expert.

What effect does the consumer price index have on the dollar exchange rate? Can you tell me? he said.

The middle-aged man turned around and faced Ye Qiusheng.

For currency markets, the consumer price index indicator is very important,

But the index is improving, but the exchange rate is not necessarily improving. He stopped and took a sip of the drink in front of him with the straw in his mouth.

Ye Qiusheng took out a box of Soft China, flicked on the bottom, and the entire filter part of a cigarette was exposed.

He handed the cigarette case to the middle-aged man, do you smoke?

The middle-aged man looked up at the sky, and there was a parasol with a lollipop pattern above it, not a fixed awning. Then he reached out and pulled out the cigarette that popped out of the cigarette case, and put it in his mouth.

Ye Suosheng lit a cigarette for him, and lit a cigarette himself, and then asked curiously: Why do you say that?

The middle-aged man exhaled a puff of smoke, and said politely: If the index falls, it reflects economic recession, which is bound to be unfavorable to the trend of the currency exchange rate. If the index rises, it cannot be generalized. It depends on how big the index rises. A moderate rise indicates economic stability. If it is positive, it is beneficial to the exchange rate of the country's currency. If the index rises too much, it will have a negative impact on the exchange rate of the country's currency.

Why? Ye Qiusheng became a curious baby.

In fact, it is very simple, because the price index is inversely proportional to the purchasing power, the higher the price, the lower the purchasing power of the currency, which naturally has a negative impact on the exchange rate of the country's currency.

so complicated. Ye Qiusheng whispered secretly.

He forgot whether he had learned these things in college, or the teacher had taught them, but he didn't listen at all.

How complicated is this? If you explain it from the perspective of inflation rate and parity purchasing power, it will be even more complicated. So guys, just play with foreign exchange, don't fall into it, it is a bottomless pit.

Thank you for your advice, I don't play very much, only tens of thousands of dollars.

The middle-aged man smiled, stopped talking, and moved his eyes to the sea again.

Sir, you work in a financial company, right? Ye Qiusheng tentatively asked the middle-aged man.

Not doing it now. The middle-aged man said without turning his head, his voice was very desolate.

Ye Qiusheng didn't want to ask again.

I glanced at the time in the upper right corner of the phone. It was 21:27, and it was more than three minutes before the Ministry of Labor of the beautiful country announced the consumer price index for April.

At this time, it is the time to buy.

Carefully enter the numbers, and after the input is complete, he double-checks again, and confirms that he is buying 150 short positions of USD/JPY, and the price is 109.66. Biqu library

This is where the buy is submitted.

There is no room for error in the first operation, and there is nothing wrong with being careful.