Rebirth of the Financial Overlord
Vol 5 Chapter 106: £1.6 billion was robbed in 2 hours
After hanging up the phone, Shen Jiannan's dark eyes flashed a few times.
The Hong Kong government has to consider shrinking the stock of the Hong Kong dollar when it uses funds to buy the pound. After all, there is still a long time before 97 to ensure that Hong Kong is not turbulent, and it can also make a fortune. The best means.
Just like the establishment of the Independent Commission Against Corruption, we are now starting to increase night taxes on major societies. If it goes well, we can demonstrate our righteousness in the name of cracking down on evil.
In this round, the real battlefield is still in the market.
"William. To continue to increase positions, we need to make the British realize the seriousness of the error as soon as possible."
Picking up the phone, Shen Jiannan dialed the internal number.
"Yes, boss."
William is a very good trader. In two years of trading, he has learned how to control blood below his head.
"Three. The immediate market has increased selling pressure."
"Little four. Can you stop it so you can break the 2.76 support."
"..."
The young man's reaction was quickly reflected in his actions. Amidst William's curse, the traders present took a keyboard and a telephone and quickly reported a set of numbers.
"2.76 sold 66 million pounds."
"2.74 sold 66 million pounds."
2.7618 Sell 666
2.7589 Sell 666
...
1.9015 sold 66
1.8975 Sell 66
1.8965 Sell 66
...
The story of the donkey of Qian.
Naturally, the people of Huaxia accident have rarely heard of it, but the top of every field is understood. The truth in the story of the Guizhou donkey can be easily understood by smart people. And none of the guys who can do speculation are not smart. As for those who are not smart, they have long been strangled in the inhuman millstone of the market.
London, financial district.
Karas Butler looked at the price of pound sterling on the Reuters screen, with a smile on his discreet face.
The interest rate hike is absolutely positive for the price of the pound, and a 5% interest rate hike in two hours is even more positive. But under this super positive, the price of the pound will not rise but fall, which means it is clearer.
The Bank of England is now like a tiger without teeth and claws, and it does not cause any harm at all.
Otherwise, if the interest rate is raised by 5%, the price of pound sterling should have been flying to the sky long ago.
Without any hesitation, Karas Butler quickly typed out a set of numbers on the keyboard.
collapse--
237575 Sell 100
Singapore, Samurai.
A thin but sharp-eyed Chinese man squinted his eyes and stared at the computer screen on the table like a eagle while holding the mouse. The Bank of England raised interest rates again by 3%. He was really not sure about it. What changes will 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 lightening his position. Why is he panicking with this little capital?
The boat turned around very well, anyway, he had already made a hundred thousand dollars, and he would just spit out two-thirds.
Suddenly, a series of red numbers popped up like bullets on the computer's handicap. With the appearance of these numbers, the rebound of the pound sterling like a fish hook was frustrated, and it 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 5% rate hike in two hours is super good. But since the Bank of England is raising interest rates at this time, it means that the British pound is in a very bad situation. The more it increases, the worse it is.
Otherwise, why do you raise interest rates?
The persimmon is so soft. Since the teacher dared to sing the empty pound, it means that the pound is in very bad condition.
What are you waiting for if you don't add up!
1.8925 Sell 22
1.8915 Sell 22
...
There is often a certain episode on TV. When a flag of one party 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 will not rise. From the beginning, the well-trained soldiers will run away like bereaved dogs like they have no soul.
This is very puzzling.
But in fact it makes sense.
Because the flag has become faith in the long-term battle, unknowingly, it has been integrated into the soul of every soldier. As the battle flag is waved, they will be invincible, and the fall of the battle flag means the disintegration of faith.
666.
The Finnish mark collapsed under this set of devil's numbers, the Italian lira collapsed under this set of devil's numbers, and the Spanish peseta also collapsed under this set of numbers.
I don't know when, 666 has already become the iron-blooded flag of the bears in the market.
London, Singapore, Japan, Hong Kong, New York, Boston, Chicago...
Under the transmission of the Internet, at almost the same time, the pound spot and futures markets in major financial markets suffered huge selling.
Overwhelming sales, like a bottomless pit, quickly swallowed all purchases. The pound sterling in various regions and the dense numbers of various numbers are as red as a sea of blood, which makes people feel crazy.
The pound sterling exchanged to the mark 2.7498, a decline of 15%.
The pound to the US dollar, 1.8975, fell 14.2%.
How could this be?
How can there be so many offers?
Bank of England ~www.readwn.com~Market Trading Department.
Robin Leigh Pemberton stared at the Reuters screen blankly, his mind was blank.
Five minutes ago, he was still considering what kind of impact this 3% interest rate hike would have on the economy, and if the pound price can be maintained, how much it will cost to repair the impact of this interest rate hike.
But the result... not only did the price of the pound not rise, but like a waterfall, it began to plummet again.
Fast, too fast.
Soon Pemberton couldn't believe his eyes.
This makes no sense!
Prior to this, Pemberton had counted that the major banking institutions have not recently borrowed a large amount of pound sterling at all. If they have not borrowed money, the spot market should not have such a big sell-off.
But the result is now in sight. The spot market is like a juggling with constant selling pressure. This puzzled Pemberton. He really couldn't understand where the cash in the market was sold from.
Of course, this cannot be blamed on the ignorance of the governor of the central bank. Who would have thought that there was a man who was forced to borrow money from the bank to buy government bonds two months ago to lock the pound sterling in circulation in the market, and there was no circulating transaction. It's a **** to find the tricky in this.
"President. We only have 200 million left."
""
Two hundred million!
Hearing this number, and looking at the 1.6 billion pounds loss calculated by the Central Computer, Pemberton felt as if he had been stabbed with hatred, and there was an unprecedented pain.
This means that in these short two hours, Great Britain has been robbed of a full 1.6 billion pounds, and this is still under the circumstances that a 5% increase in interest rates has caused continuous damage to the economy.
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