Extraordinary Genius

Chapter 1700: Crude oil fell (subscription)

Feng Yu just returned to Xiangjiang and saw Fu Guangzheng at the airport.

A look at the expression of Fu Guangzheng, Feng Yu knows that he is not a special trip to pick up the plane, it must be something.

"Feng Yu, crude oil has fallen!"

In a word, let Feng Yu understand why.

Feng Yu leaned back in the seat and asked slowly: "Fall, how much has it fallen?"

"The crude oil has risen to $78/barrel yesterday. I thought it would be able to break through $80 today. As a result, it started to fall early today, which fell to $76, and there is no slight rebound."

"Oh."

Fu Guang is anxious, what does it mean? Crude oil fell, we are all lost, why are you not worried?

This time they did not do any hedging. Every time they fell a penny, they were not a small loss. This fell by two dollars, how much money was lost.

"Feng Yu, two dollars, fell two dollars! Are we doing some hedging, or simply reverse the operation?"

Feng Yu took a look at Fu Guangzheng: "How many times have you told me that although you have to deal with finances quickly, you don't have to be flustered at all times."

"The crude oil has fallen. Why didn't you call me and your father-in-law? Why did He Zhaoji not call me? Have you thought about these questions?"

Fu Guangzheng stunned: "What do you mean, crude oil may still go back?"

"It's not possible, it is certain!" The trend of crude oil rising has been unstoppable. Although there are some fluctuations, it does not affect the overall situation.

And don't say that falling two dollars, that is, falling twenty dollars, they are not losing now, nothing more than the problem of how much profit.

Now delivery can really make them earn more, but in this case, it will have a serious impact on the price of crude oil, which may curb the upward trend of crude oil. After all, they are taking the lead at this time.

As long as they continue to retain these contracts, they will be able to strengthen the confidence of many investors. If they deliver the contract, the price of crude oil will inevitably fall rapidly.

As the price of crude oil falls, the dollar will rise accordingly. Feng Yu will sell the US dollar, and the layout of the US dollar will be seriously affected, thus making the loss there bigger.

Now that crude oil prices have risen, Feng Yu also knows what it is because the dollar has stopped falling.

The Fed found that the dollar price has been falling, although the decline is not large, but it has already had some impact on the economy of the country.

And they also know that many hot money are selling dollars, they will not shoot, the dollar's decline can not stop, then the dollar's status is likely to be replaced by the very strong euro at this time.

In fact, there has been some remarks in the international arena. The euro will replace the US dollar. After all, the euro is a common currency in the entire EU, and it seems to be more stable.

Moreover, many European countries have long wanted to get rid of the shackles of the dollar and replace the status of the dollar with the euro. They can get great benefits.

During the period when the US dollar fell, the euro maintained a very stable exchange rate, and it was forced to pull back whenever exchange rate fluctuations were about to exceed a certain range.

More and more countries have used the euro as a standing foreign exchange reserve, and even the number of euros in many countries has exceeded the dollar.

This can affect the status of the US dollar first foreign exchange, they are absolutely not allowed.

Why do you sell dollars and hoard the euro? Is it not because the exchange rate of the US dollar has fallen, so that those countries with more reserves have lost?

In any case, they seem to have similar anti-risk ability to the US dollar and the euro, and the euro is more stable, of course, to store the euro. China is now like this, reducing the dollar reserves and increasing the euro's reserves to reduce the losses caused by the dollar's depreciation.

In order to prevent the dollar from depreciating, the Fed decided to raise interest rates, which is to absorb and let more countries and financial institutions store the US dollar and maintain their position in the US dollar.

A rate cut will make the dollar depreciate, and a rate hike will naturally allow the dollar to appreciate.

However, they have neglected that the interest rate at this time is already very high, and if they continue to raise interest rates, the subprime mortgage crisis will become more serious.

Therefore, at this time, the price of crude oil fell. Feng Yu not only did not think it was a bad thing, but thought it was a big good thing.

"Guangzheng, the Fed has raised interest rates again? Then the economic situation in the country will inevitably become more severe. This is good news for us."

"The worse the economy of the country is, the more money the country will need to pay, and the less money it can stabilize the financial markets such as the stock market."

"You think about it, in this way, we will definitely make a lot of money in the US stock market. And their Fed rate hike will make our expected time come earlier."

Fu Guang is thinking about Feng Yu carefully, it seems to make sense.

Their joint investment in finance this time is not only for investment in crude oil, but also for the stock market in the country of rice.

At that time, the financial market of Xiangjiang almost collapsed, and it was not done by the people of the country.

Now that there is a chance to avenge, they will not let go of this good opportunity, let alone bring a lot of profits.

"Then we will stay still?"

"As long as we don't use higher leverage, then we don't have any risk. There is no need to use those reserves, but it's OK to do some hedging at this time. It's okay to not do it."

Doing a hedge can reduce the loss of crude oil, but when crude oil rises, the profit is correspondingly reduced, and the cost is increased.

Fu Guangzheng smiled: "Feng Yu, you don't test me. In this respect, I really don't have any talent. Anyway, what do you think should be done, and I will discuss it with my uncle and my father-in-law. I will perform it."

The industry has a specialization. In terms of retail, Fu Guangzheng is very good at it, or the family is very good at it. This is also the earliest rise of the industry.

But in terms of finance, Fu Guangzheng’s two cousins ​​are much better than him. If he had a good father-in-law, even if Fuguang’s investment in the mainland is very successful, Fu Rongqi may not establish him as the helm of the family’s future. people.

Being able to recognize your strengths and strengths and avoid weaknesses is also a place where Fu Rongqi is very satisfied.

"I will discuss this with you, Professor Dabo and Professor Liang. You don't have to worry about it."

In fact, we must worry, Feng Yu should be most worried, because Feng Yu invested the most funds, not to mention the funds of He Jia, Zheng Jia and so on. If it is a loss, Feng Yu is also the one who loses the most.

Seeing that Feng Yu is really not worried, Fu Guangzheng is really relieved. Then this time to renew the contract with the European partner, he no longer has to worry about this.

......

Ps: Our brother's super-large cabbage opened a book, the title of the book "Invincible novice village head", everyone is interested to see (to be continued.)

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