Chapter 30: Rejoicing
Red, blood red.
Each grid on the LED electronic screen seems to have a trace of blood mist, and the reality is on the screen, the red is dazzling, and the red makes people feel like they are staring at a sea of blood. Like a basin of pig's blood in the refrigerator sprinkled on his head, the longing, excitement and excitement in Qian Pi's heart dissipated instantly, and only the biting cold stimulated his heart again and again.
The economy itself is in a downward trend, the Bundesbank's statement has plunged the domestic financial industry into an unfavorable situation, in order to stabilize the lira, the central bank raised interest rates to shrink monetary policy, financial listed companies were abandoned by capital, with securities, banking, insurance, real estate in the market weight, the securities market was affected by the gap low in the unexpected, it is also reasonable.
But what is the lira's gap low?
In order to stabilize exchange rate prices, the central bank has consumed more than a billion foreign exchange reserves and raised interest rates to organize capital outflows.
Unless...... Almost instinctively, Moneypi turned his head suddenly, and his brown eyes looked straight at Casio, the head of the trading department.
The sight is colorless, odorless, transparent, and substantial, but this does not make it impossible for people to catch and feel. Casio subconsciously turned his neck with a look of substance, and when he found it, Champie's gaze gritted his teeth and smiled slightly, his eyes full of undisguised sarcasm.
It's you?
What about me.
You're damned!
I think you'd better solve the problem at hand first.
The silent contest between the two made the trading room suddenly extremely depressing, but one was the governor of the central bank, and the other was the third heir of the Casio family.
You wait for me!
Humiliation and anger were constantly entangled in Ciampi's heart, but what could he do, now, the first thing that needed to be solved was to keep the exchange rate, not this senseless anger.
"What the are you doing, buy it, buy it all for me. ”
Qian Pi roared angrily at everyone present with red eyes, his face was full of hideous colors, where was the confidence and longing from before.
To this, Casio just laughed playfully.
It is simply whimsical to think that contacting a single Milanese prosecutor can bring down the major Sicilian families and the Casio family, you know, the economy continues to decline, and the places are not very peaceful.
853.3325 buy 1000
853.3320 sells 666
852.3325 buy 1000
852.3100 sells 666
851.3325 buy 1000
851.1155 sells 666
850.2550 buy 1000
850.1155 sells 666
......
849.2550 buy 10000
849.2335 Buy 1
849.1335 Buy 1
849.1225 Close 2
849.0335 Buy 1
848.3000.Buy 100000000
846.2225 buy 10000000
Experienced traders understand a truth.
The trend of the market is like a sharp blade dancing up and down, if you don't want to be killed by it, you can only follow its blade and dance.
With the intervention of the Bank of Italy, a large amount of buying has emerged in the market, and the price of lira futures for the month has rushed directly upward, and the upward swinging blade has swept by, making the market handicap less and less red, and the dense long opening and the green displayed by the short level have dyed the entire right side of the screen in an environmentally friendly color.
In the spot market, the Deutsche mark and franc in units of 100 million and the US dollar were thrown out, and the lira was like a bow and arrow shot out, directly strangling a large number of bears.
Fifteen minutes later, under the dense buying of funds, the price of the lira soared back to the closing price of the previous trading day around 846.
At the Dunlun Foreign Exchange Exchange, Conn Birla's mind went blank as he looked at the lira, which was almost 90 degrees higher, and in just fifteen minutes, he had lost nearly 600,000 pounds in his lira position. The impact of the huge loss made him look at the trend chart like a heavenly knife in a daze, and he didn't know what to do.
He couldn't help but wonder if he had made the right choice.
Short, it's not easy to do.
No matter what the market, the market tends to be bullish, or in other words, bulls have a natural advantage.
Because the financial market is derived from the spot market after all, theoretically speaking, as long as there is enough money to promote the purchase, it can completely sweep away all the sources of goods in the market, so that the selling party does not have enough goods to deliver, and has to buy and sell the target at a higher price to fulfill the contract.
The seller can't.
When the amount of the underlying object sold is all bought by the market, it means that there is no longer any chips to continue to sell short, and you can only watch the funds continue to buy and the price rises wildly.
Don't...... The Bank of Italy received financial support from Germany at any cost?
People, in the face of unexpected results, will always doubt life.
Conn Bella was stunned, the other short traders were stunned, and then the market seemed to be stunned by this terrible money, and fell into a pool of stagnant fluctuations.
846.2225 buy 1
846.2220 Sell 1
......
The sluggish market transaction has become as light as water, and the trend like a loom makes people wonder if the previous terrifying price fluctuations are not an illusion, if it were not for the time-of-day candlestick chart, there is a huge black candlestick that swallows everything completely.
Of course, not all traders like Conn Birla were stunned by the sudden rise in the price of the lira.
Such a magnitude of the increase means that the Bank of Italy has depleted a large amount of foreign exchange reserves in these fifteen minutes.
Wall Street, New York.
Stanley Drucken-Maitreya looked at the computer screen not far away, and a sharp color crossed his eyes.
London International Financial Futures Market, Deutsche Mark to Lira, Franc to Lira, US Dollar to Lira...... The Japanese yen against the lira and other mainstream currencies for fools traded about $2.5 billion in the past 15 minutes, in the New York market, in the 15 minutes in the turnover of $600 million, in the Chicago market, in the turnover of $500 million, in the Hong Kong market, in the turnover of $300 million, and in the Singapore market, in the turnover of 200 million dollars.....
The turnover of the mainstream foreign exchange market reached 4 billion US dollars.
Now the buyers of the Italian lira, except for the Bank of Italy, are simply not other big buyers, which means that the Bank of Italy has consumed at least a billion dollars worth of foreign exchange reserves in these fifteen minutes.
And yesterday, the Bank of Italy's foreign exchange reserves were only one billion dollars.
Obviously, the selling pressure in the market is rising at a geometric rate compared to yesterday.
After habitually holding up the work and pondering for a moment, Drucken Maitreya picked up the phone on the table and dialed it.
"John. I expect that the Bank of Italy's foreign exchange reserves have already depleted at least $2.5 billion, and they will be able to hold out until the end of the day at best. In my opinion, it's time to increase more positions. ”
At the same time, cassa depositi e prestiti.
Danny Donadoni looked at the lira and fell into a huge tangle, two angelic faces and a devilish figure, constantly pounding in his consciousness.
Whenever he thought of Yulia and Qina's faces, he would be mad and nervous and excited again and again.
It's not that Donadoni hasn't seen a woman, the problem is that he didn't expect those two heart-pounding and bewitching faces, and a face with an oriental face to keep popping up in his mind.
Shen Jiannan, a bastard from the East, a devil from the East, that guy defeated the Finnish Mark not long ago.
And now, the two women with whom he is said to be extremely close have 1.4 trillion lire of marginal loan trading authority in the bank.
Xiyangyang Finance Company?
Hell, why is it called such a name.