Rebirth of the Financial Overlord

Chapter 536 Strangling the Global Monetary Fund

"After today, it's hard for us to be poor."

"Haha. Let's have a drink first."

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"Mike. Sterling is really doomed this time, come on, let's have a drink."

"The dog has to solicit."

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"Two hundred and fifty basis points, know what that means? It means that the Bank of England will release at least hundreds of billions of pounds. God, what are we waiting for if we don't short the pound?"

"Ma Silong. I always feel a little worried."

"God. What are you worried about? The sky is falling and there is a tall man standing on it. Shen, you know? He is my idol. It is said that they have established at least 40 billion pounds of selling positions on the British pound. We There's nothing to worry about."

"Okay. So how big a position do we take?"

"Of course it's all of them."

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The relationship between supply and demand determines the price factor.

Currency is called currency, and it is theoretically inseparable from the logical relationship between supply and demand and prices.

The Bank of England first resumed the interest rate which was reduced by 500 basis points, and then cut the interest rate by 250 basis points again, which means that there will be more pounds in circulation in the market.

Now that the pound has withdrawn from the European Exchange Rate Mechanism, the Bank of England is no longer obliged to buy pounds.

Everyone knows that the pound will continue to plummet.

People all over the world know that the pound will fall into the bottomless abyss.

Is there a reason not to go short?

No.

Real speculators know that no matter in any market, there is only one lowest point of price, and there are new lows below the new low. On the current GBP trend chart, a large Yin line at the monthly level has swallowed countless Yang lines, like a giant ax falling from the sky, no one knows how deep the gully will be cut.

As the news of the Bank of England's interest rate cut fermented in the market, for a while, the world did not know how many speculators and fund companies all bet their careers and luck on the short-selling of the British pound.

Wall Street, Chicago, Boston, Singapore, London, Tokyo, the international financial markets that can be counted in the world, speculators and fund managers are gearing up and getting ready for a big fight.

Of course, not everyone wants to be ready to flex their muscles on the pound short.

Just like the market goes up and down, no matter what price, there will always be different traders who hold completely opposite views.

Hong Kong Central, China Coastal Investment Management Co., Ltd.

In response to the news from the UK, the general manager headed by Li Qingshan and the vice president headed by Sun Hongbing held an impromptu discussion meeting.

Since the Bank of England became the central bank of Great Britain, it has never cut the interest rate by 250 basis points at one time. Everyone knows that the circulation of the British pound will surge. Under the stimulus of such a large interest rate, The money that is sleeping in the bank will only continue to flow into the market.

It flows into the real industry, into the securities industry, or into the United States, or into Asia, or into the German market.

But one thing is absolutely certain, as the yield on bank deposits declines, the yield on government bonds will also decline. Under such a large negative factor, the pound will definitely continue to depreciate.

However, when it comes to the execution of positions, Sun Hongbing, the company's vice president, once opposed the company's suggestion to increase positions, and even proposed to liquidate some positions.

"Red soldiers. You said lighten up? The Bank of England cut interest rates by 250 basis points at a time. This is something that has never happened in British history. Should we wait?"

"Yes, Mr. Sun. Now the whole world knows that the pound will depreciate. This is a great opportunity."

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A pair of eyes looked at Sun Hongbing in doubt, but there was no aggressive look.

As the university student with the highest education in the company and a major in economics and finance, he was the one who persuaded the foreign exchange administration to establish Coastal Investment Company. Therefore, although Sun Hongbing is not the top leader in the company, he enjoys a very special position.

But now, everyone couldn't understand that a huge opportunity was in front of him, but Sun Hongbing opposed to continue to increase positions. Everyone hoped that he would give a reasonable explanation.

Seen by his colleagues, Sun Hongbing couldn't help but smile wryly.

After all, he has been working for a long time. He knows that there are some things that cannot be said on the surface. The things his teacher Shen Jiannan taught before are not recognized by the world at all.

"Red Soldier, you are talking!"

After a while, London will start, Li Qingshan couldn't help urging him again, it was about tens of millions of dollars, so he really couldn't calm down.

"Extreme things will turn against the general trend. I think everyone has heard it. The pound has fallen by more than 30% from its highest point to now. With such a large drop, I think that even if the pound has not bottomed out, it is almost the same."

"But the whole world now believes that the pound will continue to fall. Even an economics professor at Harvard University expressed his views on the pound. Get out of the economic predicament, but in the short term, it will inevitably have a more severe impact on the pound."

Harvard University?

Well.

It is inevitable that people will be influenced by others. Before, in the eyes of Sun Hongbing, Harvard University was like a temple of learning. In other words, 90% of the people in the school regarded Harvard as a temple of wisdom.

But after someone talked about the taint of Harvard University, how shameless and despicable the professors and mentors are, how much money can be spent to enter this university, and how much money can be used to make those professors cooperate with the lectures, the admiration for the temple in Sun Hongbing's heart is too early. collapsed.

When he heard that someone used American universities to refute himself, this guy suddenly felt a little upset.

"What happened to the Harvard professor? My teacher once taught me. The factor that determines the price is never demand or supply. If the whole world is bearish on the pound, it must mean that the pound will continue to fall? Who stipulated it."

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Those who refuted Sun Hongbing were almost choked to death.

In China, due to the blockade and selection of overseas news, many people do not know who the teacher Sun Hongbing refers to is, but as the director of an investment company in Hong Kong, everyone works together, and who would not know who the teacher Sun Hongbing refers to.

There is no harm if there is no comparison. One is a professor who is only an academic in the United States, and the other is a financial predator who has made Europe go crazy. Whose theory and views are more correct, there is no comparison at all.

The head of the department who refuted wisely shut his mouth. Although he was still a little unconvinced in his heart, he didn't have the courage to continue to refute in the face of the facts.

Sun Hongbing did not continue to bite people like a dog. Working in this kind of unit, there is no need to pass some things.

But this fellow's chest involuntarily stood up, if not for other entanglements, he really wanted to follow his teacher to Europe to rob.

"We can think about it carefully. Don't the Bank of England or the British cabinet know that interest rate cuts will bring more pressure on the pound? Why do they dare to continue to cut interest rates? Could it be that they want the pound to depreciate and Britain's wealth to continue to be plundered? "

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It seems that this is the truth!

All the people present couldn't help but look at each other. Benefits are the only thing the country pursues. After all, Britain is an old capitalist country in the West. Capital should not make such a big loophole.

"What's more, Britain's industrial foundation has not really been damaged. Hong Kong alone can provide Britain with a lot of resources every year."

"At this time, there is only one possibility for the UK to lower interest rates. They are sure that the negative impact on the pound will not be too bad."

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"But if this rate cut doesn't do anything worse for the pound, what could do it worse?"

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"If not, wouldn't we be in a very passive situation."

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"Vice President Sun is right, so it's decided. Lao Zhang, when the market opens, we will close two-thirds of the position according to Vice President Sun's instructions."

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