Chapter 94: Fight to Fame (2)
There is a law that does not count in the financial markets.
The market will always change faster than the speed of the message.
A stock that has risen for a few weeks or months before it breaks out that a listed company has developed a new product.
Or, after a commodity has skyrocketed for a long time, people know that a certain mining giant has implemented a production reduction plan.
But one thing is clear, every market change is always preceded by these news.
The Thai baht has risen violently against expectations.
In just one week, it rose from 25.982 to 24.785.
Nearly five percent increase.
This increase has caused some bears in the forward market to blow up.
However, the money that can be manipulated in the international market is often very savvy.
There is only the right market, and there is no theory that is always right.
Things do not turn out the way you want.
It only shows that the wish is wrong.
Therefore, under the skyrocketing price of the Thai baht, some funds have stopped out.
Singapore, Tiger Fund.
Robinson's assistant secretary, Linda, was reading a report with a report.
"In the London market, we are currently losing 30 million, the Chicago market is losing 28 million, and the New York market is losing 60 million. ”
"What about the Singapore market?"
"Singapore... The Singapore market lost 120 million... U.S. dollars, cumulative losses, about $240 million. ”
“......”
Robinson had a worried look on his face.
The cumulative loss is $240 million, which is a huge loss.
But Robinson's concern is not because of the loss.
With the size of the Tiger Fund, the loss of one percent is not in Robinson's eyes.
What he was really worried about was the uneasiness in his heart.
No one can deny the existence of luck.
It's like air.
Invisible and intangible, but it does exist.
But Robinson's longevity in the financial markets has never been due to luck.
Luck, like the price of the market, is always changing.
Just like the candlestick and the trend, it goes up and down.
If you are not God, you can't control your luck at all.
So the secret to Robinson's victory is simple.
Defeat the uncertainty that comes with luck.
As an experienced fund manager, a battle-hardened veteran.
Robinson knows.
In the uncertain financial market, the only one you can really rely on is yourself.
Trust your own judgment.
If the market does not match your judgment, you should correct your judgment in time.
And now the trend of the Thai baht market is completely contrary to his judgment.
He needed to think about correcting his judgment.
BOT, Titan Stone Capital......
What are their hole cards?
Robinson habitually stroked his big bald head and pondered.
changes in the political landscape, the economic environment, and the global market......
The impact of any change on the baht was quickly calculated in Robinson's mind.
Eventually, Robinson had to admit it.
The timing of the Bank of Thailand's counterattack is very good.
The Thai baht has a fixed exchange rate with the US dollar.
When the U.S. dollar rises strongly, the Thai baht passively appreciates.
This is a huge pressure on the Thai economy today.
Thailand's export industry does not have much advantage in the world.
Coupled with the depreciation of the yen, Thailand's export earnings have been severely affected.
However, Alan Greenspan's speech allowed the dollar to end its strong rally and enter a short-term downside.
The yen, which includes the currencies of other countries around the world, has passively begun to appreciate under the decline of the dollar.
This is undoubtedly a respite for the Thai baht.
And the Bank of Thailand also seized this opportunity to fight back.
Could this be the logic of Jushi Capital's anti-water?
For the guy who suddenly popped out of Boulder Capital, Robinson has been secretly observing.
Able to take out Standard Chartered and be able to fire the first shot of the attack on the baht.
This kind of guy, Robinson can't help but pay attention.
At this point, Robinson has to consider the impact of Jushi Capital's Cheng Biting Gold in the market.
Thailand's economic system is so big, and its dollar reserves, if any, are hidden, but they are unlikely to be much hidden.
Based on Thailand's foreign exchange income data over the years, it is $38 billion announced by the Bank of Thailand.
This amount of funds will be gradually eaten away by the major ones sooner or later.
However, Boulder Capital is different.
This guy who suddenly popped out of nowhere, no one knows its true strength.
The time is too short.
Even with the intelligence network of Tiger Fund, it is currently impossible to find out the real heels of Jushi Capital.
The only thing I know is that Jushi Capital is in the hands of a Chinese.
A Chinese who is said to be less than 20 years old.
Suddenly, Robinson was stunned.
Chinese?
"Rosa, spread out the world map......"
The boss asked him to work, and as an assistant, he naturally had to do it immediately.
Under Robinson's orders, Rosa hurriedly ran out and retrieved a map of the world.
Linda didn't dare to delay, and after her sister Rosa got the map back, she immediately cooperated with Rosa to spread out the map.
The two of them work well together, so good that it's like a kind of cooperation in some kind of favorite thing.
Robinson is satisfied with this.
He has always brought these two sisters with him, just because these two sisters will always cooperate with each other.
Perfectly matched with him in everything.
With the cooperation of the two sisters, a map of the world was quickly laid.
Robinson walked over and first focused on where Thailand was, and then on the countries surrounding Thailand.
Myanmar, Laos, Vietnam... Huaguo.
Robinson's eyes narrowed slightly.
Myanmar and Laos are members of ASEAN, while Vietnam and Thailand are already members of ASEAN.
And these countries, without exception.
All of them are close to Huaguo.
Before I knew it, Robinson had a lot of questions in mind.
He thought of Aung San Suu Kyi.
Hua Guo, however, has always publicly supported Aung San Suu Kyi.
He also thought of the breakthrough time of this attack against the Thai baht.
It was when the Burmese dollar depreciated under the economic sanctions of Europe and the United States that Jushi Capital opened a breakthrough in the Thai baht with three billion US dollars.
Distant relatives are not as good as close neighbors.
With Robinson's knowledge of Chinese culture, he knows very well what this sentence means.
After considering ASEAN, he turned his attention to the map.
In the end, it fell to the position of the DPRK.
North Korea is a neighbor of China.
How could Robinson not know about the war that was recorded in history.
Boulder Capital...
Jushi Capital controlled by the Chinese.
Don't......
Robinson closed his eyes in deep thought, and after thinking about it for a long time, he opened them.
"Linda, pass it on, cut a billion dollar position. ”
......
New York, Quantum Fund.
Stanley Druckenmiller is also thinking about a problem.
At present, the loss of the quantum fund has exceeded 130 million US dollars.
This means that the Quantum Fund's judgment was wrong.