Chapter Twenty-Six: Eyes Full of 666
BTEL, an abbreviation for the Milan Stock Exchange Stock Index, was founded in 1967 and is managed by Standard & Poor's, which includes the 40 largest constituents of the Milan Stock Exchange.
It is the oldest stock exchange in Italy and the largest in Italy.
The stock index code is 9i0046, which is composed of a composite weighted average index.
Now, if the Bank of Italy wants to maintain the lira, it will have to create all the positive factors to counteract market capital shocks and capital outflows.
Capital is chasing profits, and if you want to leave the capital that is leaving, you can only make more gains, and in the current Italian economic environment, the only way to raise interest rates is to let capital see real benefits. However, raising interest rates will inevitably tighten the circulation of money in the market, and capital will flow into banks to obtain stable interest rates, and less capital will be purchased to promote stock prices, which is undoubtedly a substantial unfavorable factor for the securities market.
Moreover, in order for the Bank of Italy to maintain the lira exchange rate, it needs to constantly sell its foreign exchange reserves to buy the lira in the market, and it is impossible to take care of the securities market at all. Otherwise, if you try to stabilize the stock market, the price will be exacerbated by the expansion of supply.
It can be said that the Bank of Italy has no choice at all, as one of the core members of the European Community, it must choose to keep the price of the lira from falling below the lower band of the floating mechanism.
Then, the securities market can only be abandoned.
Smack-
Shen Jiannan snapped his fingers and gave Anna Seminovic an approving look.
"Anna. You're getting smarter. ”
Anna Seminovich is Yulia Sidorov's assistant from the Ministry of Finance, she has a hot body, a sweet appearance, and her fair complexion is even fairer against the background of her blonde hair.
Hearing Shen Jiannan praise her, she raised her head and threw a big wink, full of seductive taste.
"Sir. Is there a reward?"
Goo-Du –
Shen Jiannan swallowed exaggeratedly, and his eyes scanned Seminovic's body.
"I'm always ready to reward several hundred million, but ...... I'm afraid I'll be hacked to death by your young lady at night. ”
"What a thief with a heart but not a thief. This time, though, you've made it. I'll tell Mademoiselle to put away the scissors at the head of the bed. ”
"Oh my God. You women are terrible. ”
“......”
After some ridicule, Anna Seminovic returned to the seat in the trading area, and when she sat down, the sexy and hot bewitching girl suddenly turned into a frozen goddess with a frosty face, which provoked several other male *** members to constantly slander themselves in their hearts.
is the same man, how can he face such a big gap.
"Boris. What kind of eyes are you looking at? Now, get to work. ”
“......”
Milan is the world's center of fashion and art, a world famous historical and cultural city, and one of the four major economic centers in Europe.
A large part of the reason why Italy was able to become the seventh most economically developed country in the world in a certain period of time was because of the economic growth that Milan had made for the country.
It is the birthplace of world-famous brands such as Armani, Versace, Prada, Dolce&A;Gabbana, Valentino and Schino, and is the second largest city in Italy, with the entire metropolitan area accounting for 5% of Italy's GDP.
The autumn sun is extremely mild, and standing on the periphery of the stock exchange, the sunlight shines through the glass curtain wall, making people feel the comfort brought by warmth.
But warmth, which means heat and irritability, looking at the super LCD screen hanging in the center of the trading area, Philip?? Inzaghi's heart was full of restlessness.
btel,18680.56,-1.55%。
gruppogenerali,-2.33%
In a week, the BTEL index fell by 6 percent, and such a large drop will naturally not be easy for other constituent stocks.
Unfortunately, Philip?? Inzaghi bought gruppogenerali a week ago, but in the last week, it has fallen by 18 percent, which has cost him 10 million lira as a result.
"What the hell. How could it fall so much. ”
"Philip. I told you, you're not a good investor, so come with me and play football. With your talent, I'm sure you can make more money. ”
"Carllow. You bastard, you fucking taught me how to buy stocks. Now, it's you who say I'm not fit to invest. I'm losing 10 million now, you know? That's 10 million. ”
"I didn't know it was going to be so bad. Philip, give up, come back to playing with me now, and we can make back the money we lost. ”
"Nope. It's been so much down. It will definitely rise back, where there is only a fall but not a rise, the government will not allow the stock market to keep falling like this, and those capitalists and families will not let their wealth evaporate. ”
"What do you want to do?"
"Lend me 100 million. ”
"You want to add to your position?"
"Yes. If I'm going to increase my position, I don't believe this damn stock market is going to keep falling. ”
"Philip, I advise you not to do this. Betting on dogs, there is no good end. Never. ”
"Carllow. Will you lend me money?"
"You're such an idiot. I bet you're going to lose your panties. ”
"It can't be. It's already fallen so much, how can it rebound. Never only open the big one, not the small one. ”
"Our Lady is above. This is what I have learned over the course of 10 years. ”
"You lend it to me. If I lose, I'll promise to go back and play with you. ”
“......”
Twenty minutes later, Philip?? Inzaghi walked back from the counter, looking at the printout in his hand, a hint of relief on his face.
With an increase of 100 million, he is now only losing nine percent, and as long as the market rebounds, he will soon be able to earn back the money he lost.
"Oh, buy ga. Philip, look. ”
“.......”
gruppogenerali892.15666
gruppogenerali891.15666
gruppogenerali890.23666
gruppogenerali889.15666
.......
.a672.15666
.a671.15666
.a670.15666
.a669.15666
......
entenazionaleidrocarburi1025.36666
entenazionaleidrocarburi1022.18666
......
btel,18680.5666
btel,18677.5666
btel,18674.5666
......
btel,18630.33
.....
Suddenly, on the super display in the central area, the red and green staggered handicap background became blood-red, and the dense numbers were like ants, crawling all over the handicap area.
As the numbers scrolling with red light reflected on the screen, the BTEL index fell from 18680 to 18603.88. Inzaghi's gruppogenerali also instantly became 863.33, a decline from 2 percent to 5.89 percent.
Many of the people present were stunned.
The Milan Stock Exchange has been open for many years, but there has never been a sell-off of all stocks of this magnitude in an instant.
The blood-red numbers, densely packed like locusts crossing the border, are so dense that they make the scalp tingle.
Philip was stunned for half a minute?? Inzaghi came back to his senses, he looked at the price of gruppogenerali on the screen and had a sense of absurdity that he had never felt before.
It's like, there's a bastard, staring at the money in his hand. Otherwise, why does the stock price fall endlessly every time you buy it?
Rome, Central Bank Transaction Department.
Qian Pi looked at the intensive selling in the foreign exchange market again, and his brows were tightly furrowed.
He knew he might be thinking too much.
At this time, it is impossible for anyone to help Italy, Britain wants Italy to be unlucky, if the lira is lost, then the currencies of other countries will appreciate, and, due to pressure from all sides, Germany will inevitably have to lower interest rates.
For other countries, it is already the best result to suppress the lira without participating in it.
As for Germany, they must have been eager to see Italy embarrassed, and finally had to ask them for help and choose to submit, as they had done fifty years earlier.
Dute is a bunch of bastards.
Champi scolded indignantly in his heart, but he was helpless about it.
The weak are always the best way to break through, and this rule applies to any ecosystem, and Italy has too few options to choose from compared to the UK.
Suddenly, the light on the other LCD screen seemed to be a little wrong, and when Qian Pi turned his head to look, he was so angry that he almost scolded his mother.
666。
It's all 666.
It's fucking 666 again.
The foreign exchange market is 666, the stock market is also 666, what the hell do these damn bastards want.