Future chat group

Judging from the current situation, the pressure for RMB devaluation is immense. The international market is hotly speculated, and RMB futures are relatively immature. China has to withstand pressure from many economies every time it intervenes.

But from another perspective, if the central bank gives in once, the greed of capital will cause the situation to happen again. Historically, central banks have rarely given in. They have always been tough.

The only difference lies in how tough you go. A 10-point adjustment is a downward adjustment, and a 100-point adjustment is also a downward adjustment, but the attitudes are completely different.

The former means that I recognize this exchange rate, but I am ready to take action, while the latter is completely "I don't care, I will lower the exchange rate" attitude.

The overall world economy is not very good. Whether China, which wants to save face, will give the market a blow is difficult to analyze. It involves multiple games of politics, military and economy.

Su Yiwen and others have read a lot of analysis documents during this period, and can analyze a lot of things from them. The conclusion they draw is that the exchange rate may fall, but the extent will be small.

Lei Hao knew very well that this time Yang Ma attacked with an iron fist and used combos, and the foreign exchange market was very lively.

What makes Lei Hao feel strange is that the foreign exchange market operations he ordered from Thunder Investment are also in the same direction. Those people directly carried out the operations without any hesitation. Why is there so little confidence in CFD? This is the same thing!

"The human heart is such a strange thing." Lei Hao could only smile bitterly.

"It will be adjusted downward." In order not to have a huge impact on the market, Lei Hao only did CFD, which did not cause abnormal trading volume. Future information also showed the central bank's decision-making, and he would not lose at all this time.

At 9:15, the China Foreign Exchange Trading Center announced the central parity rate of the RMB on time. The US dollar to the RMB was an eye-catching 6.5240.

"How is that possible!" In the office, Su Yiwen almost jumped up.

According to last Friday's closing price, the offshore RMB exchange rate was 6.5122, and the onshore exchange rate was a little lower, but it was also 6.5106. In other words, the People's Bank of China directly lowered the central parity rate of the RMB by 134 points.

This is interesting, and this is also embarrassing. Capital is playing well. Pressure, public opinion, and manipulation are all working hard to do it perfectly. Everyone has even found a good step for the central bank.

As long as the reduction is not too high, the big guy will take the stance of "I'll give you face and I'll quit now."

Who would have thought that the person he was teasing was a chaste and martyr woman, but Yang Ma ignored her and just threw out 134 lower base points, knocking out a group of "lovely" prostitutes.

"Mr. Su can rest assured now," Lei Hao said with a smile.

"I really didn't expect that China would dare to be so tough now." Su Yiwen smiled bitterly.

When the global economic situation is poor, as the world's second largest economy, China has allowed its currency to maintain a depreciation channel, which is very intriguing.

In particular, China is an export-oriented economy. Every time it devalues ​​its currency, it will create corresponding profits for domestic export companies, feed more people, and create more jobs.

"That's why I was planning to make overseas and domestic connections closer." Lei Hao sighed.

Thunder Investment and LEI originally had more connections, and would at least receive strong support from China. Now that the two are separated, although everyone almost sees them as one institution in essence, the connection points in the legal relationship are extremely weak. .

This will make LEI less subject to the regulations of other countries, but it will also lose a layer of red armor. It may be a trade-off between gain and loss.

"The market may not necessarily give in, and our bearish point is at 6.5326, which is still far behind." Su Yiwen shook his head, but the worry in his expression was long gone.

People in the industry can analyze the overall general trend in the future. Su Yiwen and others also believe that there will be room for the RMB to depreciate in the future. What they are worried about is that Lei Hao will not have funds to operate in the short term.

Things are different now. The central bank has taken a tough stance. What should the market do? According to the analysis of historical data: a large group of wallflowers are retreating, and a large number of defeated dogs are about to start barking.

This is also true. Less than 5 minutes after the central price came out, the major financial media filled in the data in a manuscript they had prepared long ago, and then made crazy accusations.

"Why is China's market economy status not fully recognized? Look at today's exchange rate market."

"China's economic development is better than the world's overall economic situation. Under such circumstances, where is the room for RMB depreciation?"

Focusing on the two issues, experts came out to shout a few words, but they were incompatible. Capital quickly made a choice. They did not want to fight with the Central Bank of China and got away quickly.

The early profits were about to be paid out, and the RMB futures gapped and opened lower. The first transaction was 5.5271, a difference of 149 points, which caused foreign exchange speculators on some platforms to liquidate their positions. The platforms then had to hedge risks, which promoted the depreciation trend. Finally, market sentiment broke out and the pace of depreciation accelerated.

In just 5 minutes, the market gave the media and experts a resounding slap. The offshore exchange rate of 5.5347 US dollars to RMB could barely stop the bleeding wound of capital.

"That should be the end of it." After achieving a book profit, Su Yiwen was completely relieved and said to Lei Hao with a smile: "There is no room for organization anymore."

"No, this matter is not simple." Lei Hao looked at Su Yiwen and said with a half-smile.

As soon as he finished speaking, the Bank of China, as Singapore's largest market maker, began to show its ferocity and gradually suppressed the offshore exchange rate of the RMB. The central bank also came out to speak out, saying that the RMB exchange rate was formulated with reference to the US dollar and other currencies. Balabala said something. heap.

The overall meaning is the same: I don't care, I want to devalue, and I will fight if I don't accept it.

Who can do something about a big country playing rogue? When it comes to China-foreign relations, this kind of problem is actually just a small waste.

Since you are tough here, let me give in. Do you want to show some face in other places? The chain impact is fermenting, but the dust has temporarily settled on the exchange rate market.

When everyone was confused, Lei Hao held 100,000 CFDs and silently waited for the optimal settlement point. The depreciation of the RMB began to return to normal speed. Under this situation, he did not have to worry about the settlement speed being affected.

At noon, before even having time to watch the afternoon trading, Lei Hao took a flight back to Yangcheng, picked up his parents, and rushed to Shanghai with his two elders.

In Shanghai, the Qiu family was crowded with guests, and Qiu Xiangnan's smile turned into a flower. His only thought now was to get his granddaughter married as soon as possible, and then tie Lei Hao to the Qiu family's warship.

Lei Hao was still in the dark. He had no idea that holding a relatively large birthday party for children of marriageable age usually happened for a reason, one of which was...engagement.