Rebirth of the Financial Overlord
Chapter 511: Someone Robbed 1.6 Billion Pounds in Two Hours (Updated)
After hanging up the phone, Shen Jiannan's dark eyes flickered a few times.
If the Hong Kong government uses funds to buy British pounds, it has to consider shrinking the stock of Hong Kong dollars. After all, there is still a long time before 97, so as to ensure that Hong Kong is not too turbulent, it can also make a fortune. Squeezing from the hands of the society has become best means.
Just like the establishment of the Independent Commission Against Corruption, the nighttime tax is now being increased for major associations. If it goes well, it can also demonstrate righteousness in the name of sweeping black and evil.
In this game, the real battlefield is still in the market.
"William. Continue to increase positions. We need to let the British realize the seriousness of the mistake 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 the blood below the head.
"Three. The spot market increased selling pressure."
"Little Four. Can you please calm down and break the support of 2.76 for me."
"."
The young man's reaction was quickly reflected in his actions. Amid William's cursing, the traders present held a keyboard and a phone, and quickly reported a set of numbers.
"2.76 sold for £66 million."
"Sixty-six million pounds sold at 2.74."
2.7618 sold 666
2.7589 sold 666
1.9015 sold 66
1.8975 sold 66
1.8965 sold 66
The story of Guizhou's donkey.
Naturally, people outside of China have rarely heard of it, but the top of every field has figured it out. Smart people can easily figure out the truth contained in the story of Guizhou Zhilu. And no one who can speculate is not smart. As for those who are not smart, they have already been strangled in the inhumane millstone of the market.
London, financial district.
Karas Butler looked at the price of sterling on the Reuters screen, and a smile appeared on his cautious face.
An 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. However, under this super favorable situation, the price of the pound sterling did not rise but fell, which means nothing could be clearer.
The Bank of England is now like a tiger without teeth and claws, and it can't do any harm at all.
Otherwise, if the interest rate is raised by 5%, the price of the pound should have gone to the sky long ago.
Without any hesitation, Karas Butler quickly typed a set of numbers on the keyboard.
collapse--
237575 sold 100
Singapore, Samurai Kat.
A thin but sharp-eyed Chinese man squinted his eyes and stared at the computer screen on the table like a vulture clutching the mouse. The Bank of England raised interest rates again by 3%. He was really not sure what would happen. What changes did it bring to the market.
But he is not in a hurry, the biggest short in the market has not yet shown signs of reducing his position, so why should he panic with this little money.
The boat is so small that it's easy to turn around. Anyway, he has already made a hundred thousand dollars, so he can just spit out two-thirds of it.
Suddenly, a series of red numbers popped up like bullets on the computer's handicap. With the appearance of these numbers, the British pound, which rebounded like a fishhook, fell back and dived straight down with a more violent reaction.
For a moment, a smile appeared on the man's face.
An interest rate hike is good, and a two-hour rate hike of 5% is super good. But since the Bank of England raises interest rates at this time, it means that the situation of the pound is very bad, and the more the increase, the worse the situation.
Otherwise, why raise interest rates?
The persimmons are still so weak. Since the teacher dared to sing empty sterling, it shows that the situation of the pound is very bad.
What are you waiting for if you don’t increase your position!
1.8925 sold 22
1.8915 sold 22
There is often a certain plot on TV. When the flag of a certain side 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 cannot be raised. From then on, the well-trained soldiers would flee as desperately as if they had lost their souls.
It's puzzling.
But it actually makes sense.
Because the flag has become a belief unknowingly during the long-term battle, and has been integrated into the soul of every soldier. With the battle flag waving, they will be invincible, and the fall of the battle flag means the collapse of faith.
666.
The Finnish mark collapsed under this set of devil numbers, the Italian lira collapsed under this set of devil numbers, and the Spanish peseta also collapsed under this set of numbers.
I don't know when, 666 has already become the iron-blooded battle flag of bears in the market.
London, Singapore, Japan, Hong Kong, New York, Boston, Chicago
Under the transmission of the Internet, almost at the same time, the pound spot and futures markets in major financial markets suffered huge selling.
The overwhelming sales swallowed up all the purchases like a bottomless pit. The handicap of pounds in various regions, densely packed with various numbers, is as red as an ocean of blood, which makes people feel crazy.
The pound exchanged against the mark 2.7498, down 15 percent.
Against the dollar, the pound was at 1.8975, down 14.2 percent.
how so?
How can there be so many selling orders?
Bank of England, Markets and Trading.
Robin Leigh Pemberton stared blankly at the Reuters screen, his mind blank.
Five minutes ago, he was still thinking about what kind of impact this 3% interest rate hike would have on the economy, and how much it would cost to repair the impact of this interest rate hike if the price of the pound could be maintained.
But as a result, the price of the pound sterling not only did not rise, but started to plummet again like a waterfall.
Fast, too fast.
It was so fast that Pemberton couldn't believe his eyes.
It makes no sense!
Prior to this, Pemberton had already calculated that the major banking institutions have not lent out a large amount of British pounds recently, and no money has been lent out. There should not be such a large sell-off in the spot market at all.
But the result is right in front of us. The spot market is like a magic trick, and there are constant sell-offs to suppress it. This puzzled Pemberton. He really couldn't figure out where all the cash in the market came from to sell it.
Of course, this cannot be blamed on the ignorance of the governor of the central bank. Who would have thought that there was a coward who had been borrowing money from the bank to buy treasury bonds two months ago to lock the pound in circulation in the market, and there was no circulation transaction. Damn it if you can find the tricks in it.
"President. We only have 200 million left."
"."
Two hundred million!
Hearing this figure, and looking at the 1.6 billion pounds loss calculated by the central computer, Pemberton's heart felt as if someone had stabbed him bitterly, and felt a pain he had never felt before.
This means that in just two hours, Great Britain has been robbed of a full £1.6 billion, and that's despite the ongoing damage to the economy caused by a 5 per cent hike in interest rates.
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