The Rebirth of the Financial Hegemon

After the Bank of Thailand raised interest rates, the Thai stock market experienced a rapid decline.

Calculated based on the highest point of the Thai stock market of 1,798 points, when it falls to 1,100 points, it means that there is a price difference of nearly 700 points.

However, Thailand does not seem worried about the stock market.

After the Thai stock market rose to 1,798 points in early 1994, the Thai stock market has remained fluctuating between 1,100 and 1,500 points in the past two years.

Technically, 1100 is also the strongest support, and its corresponding technical support point comes from the strongest offensive point in 1990.

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

Many experts have expressed their opinions.

Experts believe that Thailand's economy is on the rise, and the government's comprehensive 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.

In terms of the overall market trend, the Thai stock market is still on an upward trend. After more than two years of consolidation, it can still move upward if subsequent efforts are made.

After the decline in the Thai stock market came to an end, Prime Minister Banhan Sipa Acha also gave a speech.

He believes that Thailand's current economic momentum is good and the government will strongly support the development of tourism and telecommunications industries.

He also said that there is no need to worry about the fluctuations of the stock market.

Maybe it’s Thai investors’ optimism about the market, maybe it’s the clear logic of expert analysis, or maybe it’s the Thai Prime Minister’s speech that played a role.

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

Bangkok Stock Exchange.

From the seat of Jushi Asset Management, Liu Qiang was directing the market operations.

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

For more than a year, with Liu Qiang's hard study and Zhao Jiangchuan's repeated guidance, Liu Qiang has now become a general.

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

He also made large purchases of 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.

Only by attacking again after accumulating strength can you have a stronger impact.

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

In October in New York, you can already feel a significant drop in temperature.

Standing outside the glass walls of Wall Street offices, you can see a whirlpool driven by the cold current.

In a few months, this year will be history.

After listening to Liu Qiang's report, Zhao Jiangchuan pondered for a moment and said.

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

"I understand, boss."

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

But in fact, the relationship between the three is much greater than what appears on the surface.

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

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

If we use statistics, half of the Thai government's GDP is in the hands of the Japanese.

This is caused by historical reasons.

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

After that, Japan adjusted its investment strategy and converted domestic investment into foreign investment.

It was also from that time that the Bank of Japan 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 their branches around the world.

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

As the world's second largest economic system, the Japanese yen also has an unshakable position in the global market.

But compared with the US dollar, it is still far behind.

The Fed's interest 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, what Japan can do is to adjust its foreign investment and drive capital back to its homeland.

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

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

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

This is the power of Shuanggui knocking on the door.

The release of liquidity by the US dollar can accelerate the recovery of the US economy. This is expected to cause the appreciation of US dollar assets and some value-preserving capital will actively flow to the United States.

The yen's shrinking liquidity will inevitably shrink its global investment scale.

Based on the investment ratio of Japanese-owned enterprises in the Thai market, one can imagine what impact it will have on the Thai market once these companies divest.

….

Riots continue in Zambia.

During the months of war, there were many exchanges of fire between Chiluba government forces and David's rebel forces.

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

This has always worried the Chiluba government.

If it were not for the chaos that ensued every time David's men stormed into Lusaka, Chiluba's government troops might have been defeated long ago.

Inside the presidential palace.

Chiluba walked around the mansion shirtless, roaring from time to time to vent his tension and anger.

The continuous wars made Chiluba seem to have lost a lot of fat on his body.

Under the fierce aura, the temperament of a warlord is clearly revealed.

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

Anyone who dares to refute will be killed.

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

After venting wildly, Chiluba targeted Defense Minister Qazhat Modi.

Those eyes that were as red as wild beasts made Modi involuntarily tremble.

Now Chiluba has reached the edge of madness. Maybe if he answers wrongly, he will be killed by Chiluba himself.

Modi suppressed his fear and remained silent.

"It's not that we don't want to shoot down those helicopters, but every time our men take out the RPG, they are killed by the opponent's snipers, and they have no chance to aim at all."

"Damn it, you wouldn't send someone to kill the other side's sniper."

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

"Can't get through? Damn Modi, are you afraid of death? If you weren't afraid of death, how could you not get through?"

Modi was frightened to tears.

In his rage, Chiluba directly pulled out the gun on his waist. Maybe the next moment, he would directly blow up 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 at all. I've lost more than 200 people, but we can't even get within one meter of each other." Step over..."

In panic, Modi changed his names several times.

Perhaps because of these titles, Chiluba's murderous intention slowed down.

he asked, looking at Modi with squinted eyes.

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

"General, I don't want to go to Darkwater International again. With their strength, if they help us, they will definitely win this war."

"Those greedy hyenas..."

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

The previous negotiations between Modi and Dark Water ended on bad terms because the price could not be agreed upon.

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

Now, saving one's life is the most important thing.

Amid Chiluba's harsh scolding, Modi pretended to have the courage to speak.

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

As long as Dark Water helps us, we can definitely reverse the current situation. "

"you sure?"

In this situation, what can Modi say?

He could only bite the bullet and continue.

"Yes, I guarantee it with my life."

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