The Rebirth of the Financial Hegemon

Thailand's stock market saw a rapid drop after the Bank of Thailand raised interest rates.

Calculated based on the highest point of the Thai stock market at 1798 points, when it fell to 1100 points, it means that there is a price difference of nearly 700 points.

However, Thailand does not appear to be worried about the stock market.

After the Thai stock market surged to 1798 at the beginning of 1994, the Thai stock market has been fluctuating between 1100 and 1500 in the past two years.

Technically, 1100 points are also the strongest support, and its corresponding technical support point comes from the strongest attack point in 1990.

Therefore, Thai investors and various experts are still relatively optimistic about the future of the market.

Many experts expressed their views.

Experts believe that Thailand's economy is on the rise, and the government's full liberalization of the financial market can inject new vitality into the market.

Especially in recent years, the government has vigorously developed the tourism and telecommunications industries.

Thailand's future looks bright.

From the overall trend of the market, the Thai stock market is still in an upward trend. After more than two years of consolidation, if the follow-up force is exerted, it can still go out of the upward market.

Prime Minister Banham Siba Acha also made a speech after the decline in Thailand's stock market came to an end.

He believes that the current economic momentum in Thailand is good, and the government will vigorously support the development of tourism and the telecommunications industry.

And said that there is no need to worry about the volatility of the stock market.

Perhaps it is the optimism of Thai investors about the market, the clear logic of expert analysis, or the speech of the Prime Minister of Thailand.

After the Thai index SET fell to 1100 points, there was a violent rebound immediately.

Bangkok Stock Exchange.

On the seat of Jushi Asset Management, Liu Qiang is directing the operation of the market.

As a trader with a technical background, Liu Qiang himself has a very solid research on technology.

For more than a year, with Liu Qiang's hard study and Zhao Jiangchuan's many pointers, now Liu Qiang has the style of a general.

When the SET index fell to around 1100 points, Liu Qiang instructed his team to close out two-thirds of their positions.

And he bought several heavyweight stocks such as Thai Telecom, Thai Petroleum, and International Media.

The cumulative purchase amount reached 4 billion baht.

The company's highest strategic level is to short the Thai stock market, so Liu Qiang's purpose of buying these heavyweight stocks is naturally not to help stabilize the Thai market.

He has to wait for an opportunity to break through the 1100-point support at the right time.

The movement of the market is like a parabola in its trajectory.

As long as you attack again after accumulating power, you can have a stronger impact.

"Boss, we have now established a position of 4 billion baht in several heavyweight stocks, and there is currently a short position of 1 billion baht on the SET index..."

In October in New York, a significant drop in temperature can already be felt.

Standing outside the glass curtain wall of the Wall Street office, you can see a whirlpool driven by the cold current.

In a few months, the year will be history.

After listening to Liu Qiang's return, Zhao Jiangchuan pondered for a moment.

"Pay attention to the trend of the dollar and the yen. If the dollar continues to rise and the yen falls below the 0.917 support, it will start to suppress the Thai market."

"Understood, boss."

On the surface, the Thai stock market has little to do with the yen and the dollar.

But in fact, the relationship between the three is far greater than what it appears to be.

It can be said that half of Thailand's economic development is based on the promotion of Japanese chaebols.

From telecommunications, real estate, automobiles to banks, the shadow of Japanese group companies can be seen in the Thai market.

If statistics are used, half of the GDP of the Thai government is in the hands of the Japanese.

This is for historical reasons.

After the Plaza Accord, Japan's real estate collapse plunged the Japanese economy into the abyss.

After that, Japan adjusted its investment strategy to convert inward investment into foreign investment.

Since then, the Bank of Japan has officially entered the era of zero interest rates.

As a result, a large amount of yen flowed out of Japan, and Japanese companies began to spread around the world.

However, after the Fed raised interest rates, the Bank of Japan was not allowed to make the previous strategic changes.

As the world's second largest economy, the yen has an unshakable position in the global market.

But compared with the US dollar, it is still a long way off.

The Fed's rate cut is equivalent to the release of monetary liquidity by the US central bank. After the large-scale outflow of US dollars from banks, it is bound to impact the international status of the yen.

In this case, all Japan can do is adjust its foreign investment and drive capital back to its homeland.

Although the Bank of Japan raises interest rates by only 0.5 basis points, this will still bring immeasurable driving force to the yen, which has been implementing zero interest rates.

In short, the Bank of Japan's policy is leading the return of the yen's liquidity around the world.

And under the active devaluation of the yen, Japan's export industry is bound to usher in a more brilliant development.

This is the power of the double ghost slamming the door.

The release of liquidity in the US dollar can accelerate the recovery of the US economy. Here, it is expected that US dollar assets will appreciate, and some value-preserving capital will actively flow to the US.

The shrinking of the yen's liquidity will inevitably shrink the scale of investment in the world.

Based on the investment ratio of Japanese-funded enterprises in the Thai market, once these enterprises withdraw their capital, it is conceivable what kind of impact will be caused to the Thai market.

….

The riots in Zambia continue.

During the months of war, Chiluba government forces and David's rebels have exchanged fire many times.

On several occasions, David's rebels nearly broke into the defenses of the capital, Lusaka.

This has always worried the Chiluba government.

Had it not been for chaos every time David's men stormed into Lusaka, Chiluba's government might have been defeated.

Inside the Presidential Palace.

Chiluba walked around the mansion topless, roaring from time to time to vent his nervousness and anger.

The continuous war has made Chiluba seem to have lost a lot of fat.

Under the fierce atmosphere, the temperament of the warlord is undoubtedly revealed.

Under Chiluba's ferocity, no one dared to stop his rage.

Whoever dares to refute it, it will kill people.

"Modi, tell me, why don't you let me shoot down those helicopters, are we running out of RPGs?"

After a frantic vent, Chiluba took aim at Defense Minister Qazat Modi.

Those eyes that were as red as beasts made Modi involuntarily quiver.

The current Chiluba has reached the brink of madness, maybe if he answers a wrong answer, Chiluba will kill him himself.

Modi suppressed his fears and gave his promise.

"It's not that we don't want to destroy those helicopters, but every time our people take out the RPG, they will be killed by the opponent's snipers, and there is no chance to aim at all."

"Damn, you won't send someone to kill the opponent's sniper."

"I have tried it, but there are several assaulters near the opponent's snipers, and a large number of heavy weapons are deployed, and our people can't rush past."

"Can't rush through? Damn Modi, are you afraid of death? If you're not afraid of death, how can you not rush through."

Modi was about to cry.

Chiluba directly pulled out the gun on his waist in a rage, and maybe the next moment, it will directly blast Modi's head.

"Mr. President, oh no, general, boss, it's not that I'm afraid of death, it's just that the other party's firepower is too strong, we can't get through it, my people have already lost more than 200 people, but they can't even reach a distance of one meter. Step over..."

In panic, Modi changed several names.

Perhaps because of these titles, Chiluba's killing intent slowed down.

He squinted at Modi and asked.

"My dear brother, I hope you can find a way to win this war, or you will be buried with me before I die."

"General, I won't go to Darkwater International again. With their strength, if they help us, we can definitely win this war."

"Those greedy hyenas..."

The Lunmwana copper mine is worth 100 million US dollars, but Darkwater International has suppressed the price to 2 million US dollars.

The previous negotiation between Modi and Darkwater~www.readwn.com~ eventually broke up because the price was not negotiated.

But after being pushed to the limit, Modi had to consider the most practical issues.

Now, life is the most important thing.

In Chiluba's fierce scolding, Modi said with courage.

"General, now is not the time for us to think about this. If David takes away the power, then we will have nothing. Although those hyenas are greedy, they do have the capital of greed.

As long as the dark water helps us, we can definitely reverse the current situation. "

"you sure?"

In this case, how can Modi answer.

He could only bite the bullet and continue.

"Yes, I promise with my life."

"Then keep your head first, I'll wait for your news."