Chapter 107: The Goal Was Never Thai Baht
Last night.
The Fed chose to cut interest rates as the market expected.
But to the surprise of many, the dollar did not fall again, as analyzed by major investment banks.
Opposite.
The U.S. dollar suddenly turned around and turned upwards after moving lower during the session, a deep 'V' shape, surging more than 2 percent.
The strengthening of the dollar index means the depreciation of other countries' currencies.
The currencies of other countries, led by the yen, have almost gone in the opposite direction.
The yen, after a rapid intraday rally, plunged sharply at three o'clock in the morning.
In the end, it closed with a sharp drop of 2% in the trend of 'A'.
Japan, that's the second largest economy in the world.
The Japanese yen is the face of Asian currencies.
The yen fell sharply, followed by almost all currencies in Asia, which fell by almost one percent or so on the night.
The international stability of the US dollar, a single day rise of 2 percent, is very rare.
A huge white candlestick has changed the trend that has turned bearish.
One yang swallows five yin.
A strong and unmistakable bullish pattern.
In the face of the exact opposite movements of the yen and the dollar, many people can see that the economies of emerging market countries are not good.
In the morning, Hong Kong's Hang Seng stock market opened.
Following the Dow Jones Industrial Average and Nasdaq last night, the gap rose by more than four hundred points.
By the morning, the Asia-Pacific stock market had already opened.
Like the Hang Seng Index, stock markets such as Nikkei, Thailand's SET, Malaya, and Indonesia all opened with a gap higher.
But the stock markets of emerging market countries did not have the last laugh like the Japanese and Hong Kong markets.
The stock market, led by Thailand, quickly dived lower after opening higher.
The stock market is a barometer of the economy.
The unusual movement of the stock markets of Southeast Asian countries means that the market is not optimistic about the economies of these countries.
In addition to the stock market, the currencies of these countries, as well as the yen, also fell sharply.
Including the Thai baht, which has risen hugely recently.
The Thai baht, which stabilized the fixed exchange rate, also saw a sharp drop of nearly 1 percent in forward foreign exchange prices.
George King, as the top executive of Standard Chartered Bank and the senior management of Titan Rock Capital, could not have known the company's strategic plan.
But it was this that made George King speechless and vomited blood.
Now that the financial markets of emerging market countries are being suppressed by the financial systems of the United States and Japan, there is no better time to break out of the offensive.
Thailand's double kill of stocks and bonds can completely build momentum to break Thailand's last barrier in one fell swoop.
But, his boss, this bastard in front of him.
Suddenly came to him and talked a lot of nonsense, telling others that the family was going home for the New Year.
Hell New Year's Day.
There is still more than a month before the Spring Festival in Huaguo.
George King felt his heart tired.
The boss of other people's homes, which is not conscientious and diligent.
Working until 2 p.m. and waking up at 6 a.m. is the norm.
But the bastard boss of his family is like herding sheep in the mountains, and he never takes his work seriously.
Boss, I'm just a part-time worker, can you please not throw everything at me.
Can you be like a normal boss and resist the burden you should resist?
George King secretly cursed in his heart.
All the grudges finally turned into a few words.
Are you tending sheep?
As the supreme commander, Zhao Jiangchuan can understand George King's mood very well.
He really understood.
This time, the Bank of Thailand's encirclement of international capital has not come without a price.
1,000 wounds to the enemy and 800 self-inflicted losses.
According to the statistical analysis results of the intelligence department, the Bank of Thailand raised the exchange rate of the Thai baht to 23, which cost at least 100 billion US dollars.
Thailand's total foreign exchange reserves are a cloud for others.
But Zhao Jiangchuan knows very well that Thailand's dollar reserves are only a little more than 30 billion.
With the current accumulated baht assets held by Jushi Capital, there is a high probability that the last line of defense of the Thai baht will be directly broken.
But Zhao Jiangchuan didn't want to do that.
His goal has never been the baht.
Or rather, his goal was never just baht.
In George King's resentful eyes, Zhao Jiangchuan comforted.
"George, I understand your feelings, but since you are here at Standard Chartered, what difference does it make between me and not, do you say yes? ”
This product is buying people's hearts.
This was George King's first thought.
Still, he couldn't control his emotions.
Trust is one of the rarest things in the world.
For people like George King, it's even clearer how rare trust is.
From George King's point of view, he has his own definition.
If the commercial confrontation is a confrontation between two armies, he is just a defeated general.
The defeated army will not be brave enough.
No matter how good George King was in the past, under the name of the No. 1 loser in the banking industry, it is enough to erase all his past excellence.
By the time Standard Chartered was bought by The Rocks, George King was ready to be kicked out of Standard Chartered.
But in the end, he didn't choose to leave.
Because Zhao Jiangchuan once asked him whether he would choose to be the George King who I lost to bankruptcy forever or choose to bring Standard Chartered into a brilliant bank investor.
Escaping is the act of a coward.
George King has chosen to stay at Standard Chartered.
He was then promoted to Global Executive President.
At that time, George King felt that Jushi Capital had just won Standard Chartered, and Zhao Jiangchuan didn't have too many people to use, so he temporarily appeased him.
He still has the plan to be fired one day.
But now, he couldn't convince himself with this reason.
Since Standard Chartered has you here, what difference does it make between me and not, do you say yes?
This is a trust that George King simply cannot afford.
As the top executive officer of Standard Chartered, he is clear about the specific direction of the company's strategy.
Today's Standard Chartered is no longer just a pure banking business, it will have to fight with a country's central bank under the chariot of Jushi Capital.
This level of competition has gone beyond the highest level that George King has been exposed to.
If it fails, the investment companies that have recently shorted the baht will be doomed.
In this case, however, the helmsman completely delegated power to him.
Is this absolute trust or stupidity?
In the end, George King chose the former.
If Zhao Jiangchuan, who easily defeated him, is stupid, and the top guy in the world is stupid, then there is no more stupid person in this world.
George King subconsciously clenched his fists, and he took a deep breath.
"Zhao, why..."
George King's words were not finished.
However, Zhao Jiangchuan understood what he wanted to ask.
Why?
Zhao Jiangchuan smiled.
It's not because you're going to be the Governor of the Bank of England in the future.
But if you come to work for me, then I won't lose a lot.
In the 21st century, what is most lacking is talent.
Under George King's question, Zhao Jiangchuan was serious.
"George, we have a saying in China, there is no doubt about employing people, and people don't need to be suspicious. I believe in your abilities. ”
"But..."
"What, you don't think you can do it?"
How can a man say no.
George King took a deep breath and calmed the excitement in his heart.
"Zhao, thank you!"
"Haha, we are friends, and there is no need to say thank you between friends. ”
"Boss, what should I do next, is it time to sell baht? ”
"No, continue to absorb Thai baht in the market, and if the Thai side needs dollars, you can just lend them them. ”
"What?"
George King was shocked.
At this juncture, Zhao Jiangchuan actually said that he would continue to absorb Thai baht.
That's all, but Zhao Jiangchuan actually said that the Thai side could lend them dollars if they needed it.
Are you kidding.
Isn't this the equivalent of giving someone a knife to cut yourself?
George King looked at his boss oddly.
That look seemed to be judging whether that guy was a fool or not.
Zhao Jiangchuan didn't mind.
He stood up, walked up to George King, patted him on the shoulder, and said.
"George, take a long-term view.
Thailand is so big, even if everyone in Thailand is sold as pork, how much money can it be sold. You forgot that I told you that we are the Savior, not Satan.
So, our goal was never the Thai baht.
Never. ”
The target is not baht?
George King was a little dizzy.
At present, Jushi Capital's various strategies are obviously aimed at the Thai baht, but Zhao Jiangchuan said that the target is not the Thai baht.
How is this possible.
But George King didn't press any further.
Compared with these, he cares more about what Zhao Jiangchuan said.
We, not me.
......
Bangkok.
Robert stared at the table of delicacies and pondered.
He was hungry.
However, he did not dare to eat it.
Last time, he wiped the curry off his clothes with his hands, resulting in his expensive suit having to be thrown in the trash.
Not only that, but he also became a laughing stock in the eyes of many people for a time.
This time, I can't say anything stupid anymore.
Robert endured the feeling of hunger and kept staring at the food on the table.
Out of the corner of his eye, he swept the satellite phone at hand from time to time.
Fang Zhongyuan, who was with Robert, didn't know what to do, and he wondered.
"Lao Luo, eat. Aren't you hungry?"
Hungry.
Of course hungry.
I'm dying of hunger.
But what if that guy calls again.
It's all to blame for this disgusting Thailand, and eating is actually grasped by hand.
A bunch of uncivilized barbarians.
Robert didn't dare to complain about that person, so he had to spill all his grudges on the uncivility of Thai food.
Minutes and seconds passed.
Robert lifted his wrist and looked at his watch.
1:35 points.
At this point, it's past meal time.
That wouldn't have been called at mealtime.
Robert let out a sigh.
After being hungry for a long time, he was already hungry, so he quickly grabbed the food on the table and began to devour it.
Chicken curry with potatoes, beef curry, durian rice.
Regardless of the way you eat, the taste is still very good.
Hungry for a long time.
Robert's gentlemanly demeanor is long gone.
He stretched out his hands, holding different foods in his left and right hands and putting them in his mouth.
Suddenly, Robert's whirlwind movement froze.
Just when he thought the phone wasn't going to ring at dinner, it rang again.
"Bell bell bell..."
The sharp ringing made Robert burst into tears.
His left hand was stained with black and yellow curry.
His right hand is all the pale yellow color of durian.
"Bell bell bell..."
The constant ringing of the phone made Robert panic.
He didn't care about anything else, and quickly wiped it on his body with his hand.
Sent by the gods, Robert had a unique realization.
Cover your ears and steal the bell.
Robert felt as if he understood what the idiom meant.
"Turnip, are you done?"
"Used, used. ”
Robert disobeyed.
"That's good, I'm sorry you wasted a piece of clothing last time. ”
Fuck off.
You're still sorry, if you were sorry, you wouldn't have called at this point.
Robert thought to himself.
But in his mouth, he is not honest at all.
"Boss, that's my pleasure. ”
"Well, Carrot Head, for the sake of this honor, I will give you an honorable task. I think you'll enjoy this assignment a lot. ”
“......”
After listening to the task that Zhao Jiangchuan said, Robert was silent for a long time.
Indeed, as Zhao Jiangchuan said, Robert liked this task very much.
I like it, I can't believe my ears.
Feng Shui takes turns, and this year comes to my house.
Is my Robert's spring coming?
If this is a mission, then Robert really wishes there would be such a task every day in the future.
Robert incredulous.
"Boss, what you just said is true?"
"Of course, if you don't want to, you can swap tasks with the old side. ”
"Oh, no, no. Praise to the boss, honorary knight Robert swears with the honor of a knight that he will definitely exceed the task. ”
"OK, that's good. But pay attention to your body. Now, give the phone to the old party. ”
When Robert wiped his body indiscriminately, Fang Zhongyuan could barely stop laughing.
He didn't understand how a dignified British aristocrat could be afraid of his boss like that.
There's no need at all.
The boss has such a good temper and doesn't eat people.
In this regard, Fang Zhongyuan was deeply despised.
despised Robert's treachery, despised Robert's shameless way of patting horseshit, and even despised Robert's steer.
Because, since Robert arrived in the company, Fang Zhongyuan has felt that his status is declining day by day.
No way.
Monks from outside are good at chanting.
Same.
The crooked nuts' sycophants are also more comforting.
On the contrary, his boss's favorite thing is to be slapped on the back.
The more disgusting the fart, the more your boss enjoys it.
But it's a pity that Fang Zhongyuan can't learn that kind of disgusting sycophant.
Damn.
The crooked kernel's knees don't bend, and the crooked kernels are all tendons.
It's all a deceptive thing.
Therefore, when Robert was so panicked that he rubbed his hand on his body, Fang Zhongyuan laughed unceremoniously.
He calmly snatched the beef curry in front of Robert, and bit a piece hard to chew.
"Yes, boss. I know, old man, the boss asked you to answer the phone. ”
“......”
Fang Zhongyuan was dumbfounded.
Unprepared, after realizing something, he quickly touched his hand on his body a few times and took the phone.
"Rao Ban, are you looking for me?"
"Are you alright?"
"Hiccup, it's fine. I was eating just now. ”
"Okay, this damn turnip head. Lao Fang, give you a task, and you arrange someone to ......"
Five minutes later.
Fang Zhongyuan hung up the phone.
He blinked, thinking about the purpose of the task that Zhao Jiangchuan had given him.
It's an unbelievable measure.
Then, Fang Zhongyuan suddenly laughed.
Robert, who sat across from him, was wearing a white suit with yellow marks everywhere.
Curry, durian.
Mixed up, it looks like.
The smell of durian, and the yellow color of, how weird it looks.
"Haha..."
"Haha..."
When Fang Zhongyuan laughed wildly, Robert also suddenly laughed.
Fang Zhongyuan's body was also covered with-yellow curry and durian.
After the two ridiculed each other, Fang Zhongyuan spoke.
"Lao Luo, what task did the boss give you?"
"the woman, the woman all over Thailand, what about you. ”
"Spend money, throw money, throw money. ”
“......”
"Haha....."
Fang Zhongyuan and Robert looked at each other and smiled, and immediately laughed wildly.
That smile was like two grinning demons.
。 m.