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

"Haha. Let's have a toast first. ”

“......”

"Mike. The pound is really going to be finished this time, come on, let's have a toast. ”

"Dog has to solicit. ”

“......”

"Two hundred and fifty basis points, knowing what that means, 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 felt a little worried. ”

"Oh God. What are you worried about? The sky is falling and there is a tall man on top. Shen, you know what? He's my idol, and it's said that they've opened a sell position of at least £40 billion in pounds. We have nothing to worry about. ”

"Okay. So how big of a position do we make?"

"All of it, of course. ”

“......”

“......”

The relationship between supply and demand determines the price factor.

Money is called money, and theoretically it is also inseparable from the logical relationship between supply and demand and price.

The Bank of England first restored interest rates by 500 basis points, and then cut rates by 250 basis points at once, which means that more pounds will be circulating in the market.

Now that the pound has withdrawn from the European Exchange Rate Mechanism, the Bank of England is no longer obligated to buy the pound.

Everyone knows that the pound will continue to plummet.

Everyone around the world knows that the pound will fall into the abyss.

Is there a reason not to go short?

No.

True speculators know that in any market, there is only one price low, and there is a new low below the new low. On the current pound chart, a month-level long black candle has swallowed countless yang candlesticks, like a giant axe that falls from the sky, and no one knows how deep the ravine will be.

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 houses bet their careers and luck on the short convergence trade of the pound.

Wall Street, Chicago, Boston, Singapore, London, Tokyo, and the world's largest international financial markets, speculators and fund managers are ready to go big.

Of course, not everyone wants to be ready to make a big show in the bears of the pound.

Just like the market goes up and down, regardless of the price, there will always be different traders who hold completely opposite views.

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

Receiving news from the UK, the general manager headed by Li Qingshan and the vice president headed by Sun Hongbing temporarily held a discussion meeting.

Since the Bank of England became the central bank of Great Britain, it has never cut interest rates by 250 basis points at one time.

Inflows into the real sector, into the securities sector, or into the United States, or into Asia, or into the German market.

But one thing is absolutely certain: as bank deposit yields fall, so will Treasury yields, and the pound will continue to depreciate under such a big negative factor.

However, when it comes to the implementation of positions, Sun Hongbing, vice president of the company, once opposed the company's proposal to increase positions, and even put forward a request to close part of the positions.

"Red soldiers. The Bank of England cut interest rates by 250 basis points at a time, which is something that has never happened in the history of the United Kingdom, should we wait?"

"Yes, Mr. Sun. Now that the whole world knows that the pound is going to depreciate, this is a great opportunity. ”

“......”

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

As the company's most educated college student and a student majoring in economics and finance, it was he who single-handedly persuaded the State Administration of Foreign Exchange to set up a coastal investment company, so although Sun Hongbing is not the number one in the company, he enjoys a very special status.

But now, everyone doesn't understand that a big opportunity is in front of them, but Sun Hongbing is against continuing to increase his position, and everyone hopes that he will give a reasonable explanation.

Being looked at by his colleagues, Sun Hongbing couldn't help but smile bitterly.

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

"Red soldier, you're talking!"

After a while, London was about to start, Li Qingshan couldn't help urging again, it was about tens of millions of dollars, and he really couldn't be calm.

"Things must reverse the general trend, I think everyone has heard of it. The pound has fallen by more than 30 percent from its peak to the present, and I think that the pound is about the same, if not bottomed, such a large decline. ”

"But the whole world now believes that the pound will continue to fall, and even an economics professor at Harvard University has expressed his opinion on the pound, he believes that a one-time interest rate cut of 2.5 percent will bring the pound out of economic difficulties in the long run, but in the short term, it will inevitably cause a more violent impact on the pound. ”

Harvard?

Belch......

In the past, Harvard University was like a temple of learning in Sun Hongbing's eyes, or in other words, 90% of the people in the school regarded Harvard as a temple of wisdom.

But when someone said about the stain of Harvard University, how shameless and despicable the professors and tutors were, how much money they could spend to get into this university, and how much money they could get those professors to cooperate with the speech, the kind of admiration for the temple in Sun Hongbing's heart had already collapsed.

As soon as he heard that someone used American universities to refute him, this thing suddenly felt a little unhappy.

"What's wrong with the Harvard professors? My teacher used to teach me. The factor that determines prices has never been demand or supply, and if the world is bearish on the pound, it must mean that the pound will continue to fall? ”

“......”

The people who refuted Sun Hongbing almost didn't choke to death.

In China, due to the blockade of overseas news and selection, many people don't know who Sun Hongbing's teacher is, but as the director of an investment company in Hong Kong, everyone works together, and who doesn't know who Sun Hongbing's teacher is.

There is no harm if there is no comparison, one is just an academic professor in the United States, and the other is a financial predator who makes Europe a chicken, whose theory and views are more correct, there is no comparison at all.

The department head who refuted wisely closed his mouth, although he was still a little unconvinced, but in the face of the facts, he did not have the courage to continue to refute.

Sun Hongbing didn't continue to bite like a dog, working in this kind of unit, there are some things, and there is no need to pass.

But this guy's chest involuntarily stood up, if it weren't for other ties, he really wanted to follow his teacher to Europe to rob.

"If we think about it, don't the Bank of England or the British Cabinet know that a rate cut will put more pressure on the pound? Why do they dare to continue to cut interest rates? Do they want the pound to depreciate and the wealth of Britain to continue to be plundered?"

“......”

Seemingly, that's the truth!

Everyone present couldn't help but look at each other, interests are the only thing that the country chases, Britain is an old capitalist country in the West after all, and the capital should not pose such a big loophole.

"What's more, Britain's industrial roots have not really been destroyed now, and 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, and they are sure that the bearish impact on the pound will not be too bad. ”

“......”

"But if this rate cut won't have a worse impact on the pound, then what will have a worse impact on the pound?"

“......”

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

“......”

"Vice President Sun is right, it's decided. Lao Zhang, the market will open in a while, and according to Vice President Sun's explanation, close two-thirds of the position. ”

“......”