The Thai stock market saw a wave of rapid declines after the Bank of Thailand raised interest rates.

Based on the Thai stock market's highest point of 1,798 points, when it falls to 1,100 points, it means that there is a spread of nearly 700 points.

However, the Thai side does not seem to be worried about the stock market.

After the Thai stock market rushed to 1798 points in the early 94 years, the Thai stock market has been oscillating between 1100 and 1500 points in the past two years.

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

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

Quite a few experts have expressed their opinions.

Experts believe that Thailand's economy is on the rise, and the government's full liberalization of the financial market can inject new vitality into the market.

In particular, in recent years, the government has vigorously developed the tourism and telecommunications industries.

Thailand's future is bright.

In terms of the overall trend of the market, the Thai stock market is still in an upward trend, and after more than two years of consolidation, if the follow-up force is followed, it can still get out of the upward market.

After the Thai stock market fell for a while, Prime Minister Banhan?? Siba Acha also spoke.

He believes that Thailand's economy is currently gaining momentum, and the government will vigorously support the development of tourism and telecommunications.

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

Maybe it's the optimism of Thai investors about the market, maybe it's the clarity of the logic of expert analysis, or maybe the Thai Prime Minister's speech plays a role.

Immediately after the Thai index SET fell to 1100 points, there was a violent rally.

Bangkok Stock Exchange.

In the seat of Jushi Asset Management, Liu Qiang is directing the operation of the market.

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

For more than a year, in Liu Qiang's hard study and Zhao Jiangchuan's many instructions, Liu Qiang now has the style of a general.

When the SET index fell to around 1,100 points, Liu Qiang directed the team to close two-thirds of the position.

And bought a large amount of Thai Telecom, Thai Petroleum, and international media and other heavy stocks.

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 in buying these heavyweights is naturally not to help stabilize the Thai market.

He's going to wait for an opportunity to break through the 1,100-point support in one fell swoop at the right time.

The movement of the market is like a parabola on the trajectory.

As long as you attack again after accumulating power, you can have a stronger impact.

"Boss, we have currently established positions with a size of 4 billion baht on several heavyweight stocks, and there are currently 1 billion baht short positions on the SET index......"

In October in New York, a noticeable drop in temperature can already be felt.

Standing outside the glass curtain wall of the Wall Street office, you can see a whirlpool driven by the cold snap.

In a few months, the year will be history.

After listening to Liu Qiang's return, Zhao Jiangchuan pondered for a moment.

"Pay attention to the trend of the dollar and the yen, if the dollar continues to rise, the yen will fall below the 0.917 support, and it will start to weigh on the Thai market. ”

"Understood, boss. ”

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

But in fact, the relationship between the three is much more than what appears to be true.

It can be said that half of Thailand's economic development is driven by the Japanese chaebol.

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

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

This is due to historical reasons.

After the Plaza Accord, Japan's real estate industry collapsed and plunged the Japanese economy into the abyss.

Since then, Japan has adjusted its investment strategy to convert inward 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 has flowed out of Japan, and Japanese companies have begun to spread around the world.

However, after the Fed raised interest rates, the Bank of Japan had to make the previous strategic changes.

As the world's second largest economy, the yen has an unshakable position in the global market.

But compared with the dollar, it is still a big difference.

The Fed's interest rate cut is tantamount to the release of monetary liquidity by the US central bank, which will inevitably impact the international status of the yen after the large-scale outflow of dollars from banks.

In such a situation, 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 be immeasurable driving force for the yen, which has always maintained zero interest rates.

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

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

That's where the power of the twin ghosts comes in.

The release of liquidity by the US dollar can accelerate the recovery of the US economy, and this expectation will lead to the appreciation of US dollar assets, and some value-preserving capital will actively flow to the United States.

The contraction of the yen's liquidity will inevitably shrink the scale of global investment.

Given the proportion of investment by Japanese companies in the Thai market, it is conceivable what kind of impact these companies will have on the Thai market if they withdraw their investment.

…….

Riots continue in Zambia.

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

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

This has been a source of concern for the Chiluba government.

If it weren't for the chaos that followed every time David's men stormed Lusaka, it would have been possible that Chiluba's government forces would have been defeated long ago.

Inside the Presidential Palace.

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

The continuous wars have made Chiluba seem to have a lot less fat.

Under the fierce atmosphere, the temperament of the warlord is undoubtedly revealed.

Under Chiluba's ferocity, no one dared to stop his fury.

Whoever dares to refute it will be dead.

"Modi, tell me, why don't you let someone shoot those helicopters down for me, are we running out of RPGs?"

After a frenzied outburst, Chiluba took aim at Defense Minister Ghazat Modi.

Those eyes that were as red as beasts made Modi involuntarily feel a spirit.

Now Chiluba is on the verge of madness, and maybe he will be killed by Chiluba himself if he doesn't answer correctly.

Modi suppressed his fears and resigned himself to it.

"It's not that we don't want to knock out those helicopters, but every time our guys just take out the RPG, they get killed by the opposing snipers, and they don't have a chance to aim at all. ”

"Damn, you're not going to send someone to take out the other side's snipers. ”

"I've tried, but with several assaulters near the opposing snipers and a large number of heavy weapons, our men can't rush through. ”

"Damn Modi, are you afraid of death, if you are not afraid of death, how can you not rush through. ”

Modi was scared to tears.

Chiluba pulled out the gun on his waist in a fit of rage, and perhaps the next moment, it would explode 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 fierce, and our roots can't get by, my people have lost more than two hundred, but they can't even step over a distance of one meter....."

Frightened, Modi changed several titles.

Perhaps because of these titles, Chiluba's killing intent eased a bit.

He asked, squinting at Modi.

"My dear brother, I hope you will have a way to win this war, or you will be buried with me before I die. ”

"General, I won't go to Darkwater International again, with their strength, if they help us, they will definitely win this war. ”

"Those insatiable hyenas....."

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

The previous negotiations between Modi and Darkwater ended up unhappily because the price was not negotiated.

But after being forced to the end of the mountain, Modi had to consider the most practical problems.

Right now, it's all about saving your life.

Amid Chiluba's fierce scolding, Modi pretended to be bold and spoke.

"General, now is not the time for us to think about this, if David robs power, then we will have nothing, although those hyenas are greedy, they do have the capital to be greedy.

As long as Darkwater helps us, we can definitely turn the situation around. ”

"Are you sure?"

In this case, how can Modi answer.

He could only bite the bullet and continue.

"Yes, I pledge with my life. ”

"Then keep your head first, I'll wait for your news. ”

。 m.