660. Spot Silver and Spot Gold Plummet!
Abe Hidehei's face was very gloomy at the moment, and he thought for a long time, and said: "We don't increase our positions, we don't stop losses, we continue to be firm bullish on the Nikkei 225 index, the Fed's negative news is only temporary, don't you see that the previous bullish news from the Turkish Central Bank is also temporary? Today, when the Nikkei 225 index fell below the 15,000 position, there was a diving behavior, and it plummeted to the 14,880 position, but didn't the Nikkei 225 index rebound later!"
Asia-Pacific stock markets rallied on positive news from the Turkish central bank, and then last night's Federal Reserve interest rate meeting sent Asia-Pacific stocks tumbling.
But Abe Hidehei is still firmly bullish on the Nikkei 225 index, the current Nikkei 225 index in the long term is still rising, but the current stage is in a downward trend of pullback, he believes that this time the Nikkei 225 index should be over the pullback, and it will rise tomorrow!
At this time, an old trader said: "President, the fundamental news that is currently appearing is not good for the Nikkei 225 index!"
During the period, Toei announced that retail sales in December increased at an annual rate of 2.6%, significantly lower than the market expectation of 3.8% growth, causing the Nikkei Stock Average to fall below the psychological threshold of 15,000 yen and a sharp dive.
The lowest has fallen to the 14880 position. Fortunately, it was supported in time. However, the recent turmoil in emerging markets has also added to the panic among investors, who are widely worried that this will affect the company's exports, and the overnight Federal Reserve interest rate meeting has also weighed on sentiment.
The old trader looked at Abe Hidehei with a calm face and continued: "President, at present, emerging market countries are in trouble, the Federal Reserve's interest rate meeting has actually been fully expected by the market, and the economic state of emerging market countries is more worthy of people's worries. โ
Seeing Abe Hidehei pondering, he continued: "Such fundamentals are very unfavorable for us to hold Nikkei 225 index bulls!"
Investors are currently rushing to pull money out of emerging markets to ensure that principal is not affected by the depreciation of local currencies. Central banks in emerging countries are taking a variety of measures to avoid capital outflows. On 29 January, Turkey's central bank was forced to raise interest rates aggressively due to the rapid volatility of the Turkish lira. In addition, the South African rand has fallen to a five-year low, and the Russian ruble and Brazilian real have also fallen sharply recently, with a series of actions suggesting that funds are fleeing rapidly from emerging markets.
This is something he is very worried about! The Nikkei 225 index may fall sharply like the Hang Seng Index today!
Abe Hidehei pondered for a while and said: "The Fed's reduction of QE or the last straw, before last night's Federal Reserve interest rate meeting, the global stock market has fallen into decline, and the Fed's action to reduce QE at this time has undoubtedly accelerated the tightness of global liquidity, intensified market panic, and made the situation in the global financial market deteriorate again." On the other hand, given the structural deficiencies in the economies of the major emergators, the impact of the Fed's QE reduction is not an unexpected situation!"
"You are too pessimistic, optimistic, things will not be as bad as you think, in fact, the key factors that dominate the Fed's policy orientation are still the economic growth and inflation prospects of the United States itself, and in the context of the current evidence that the financial turmoil in emerging countries has affected the real economy of the United States, the Fed will definitely not ignore its own policy credibility because of sympathy for some third world countries!"
Abe Hidehei's words made the old trader sigh, and it seemed that he couldn't refute it anymore, so he immediately fell silent and said: "President, then I won't say anything, the risk of continuing to hold the Nikkei 225 index is very high!"
Abe Hidehei said: "Okay, if there is no risk, there will be no profit, we continue to hold a long position in the Nikkei 225 index and hold on to !!"
"Yes, President!!" everyone said in unison
At this moment, in Xiangjiang, HSBC Building, Black Shirt Capital Headquarters, and the chairman's office, Chen Hui sat on a special desk, quietly looking at the trend chart of spot silver and spot gold.
"This time, the 2 million hands of the Nikkei 225 index short list in my private account, the average position of the position is 15300, I didn't expect to make a lot of profits today, the Nikkei 225 index from the 15400 position, the gap to the 15100 position opened, and finally closed at the 15000 position, calculated, the 2 million hands of the Nikkei 225 short list in my private account should make a profit of 3 billion US dollars!
"It's a pity, today's hedge fund lost a lot today because of long spot gold and spot silver!"
The Hang Seng Index and the Nikkei 225 Index have all plummeted today, and spot silver and spot gold have also plummeted, and they are still falling!
Chen Hui looked at the trend chart of spot gold and spot silver, and knocked on the table gently, because of the Federal Reserve meeting interest rate, today's spot gold, spot silver in Asia, and Europe are all falling sharply, and the K-line of the daily chart is currently a big black line.
Spot silver was at 19.70 at the opening of the Asian session, and now it has fallen to 19.00, a full 70 points!
Spot gold opened at 1270.0 in Asia, and now it has fallen to 1240.0, plummeting by $30, or 300 points!
At present, Chen Hui's hedge funds have lost a lot of money, at least more than $5 billion!
The trading capital given to them by Chen Hui is only 50 billion US dollars, and the loss is as high as 10%.
Immediately, Chen Hui put on a special mask and used video to connect with the trading rooms of Malaysia and Singapore.
In the Singapore trading room, one of the leaders said respectfully: "Caesar, at present, we have established a total of 2 million long positions in spot gold! The average position is around 1260.0, and there is a serious floating loss of 4 billion US dollars!"
At present, they are carrying out Caesar's orders, and they have been constantly opening positions, ignoring the loss of the account, and now they have lost $4 billion, and have established a total of 2 million long positions! Every point of fluctuation is a profit and loss of $20 million!
It's not easy to open a position this time! These days, they are all buying dips, watching their accounts lose money all the way, and they are getting bigger and bigger. Especially last night's Federal Reserve interest rate meeting, a huge negative news, caused spot gold to plummet by 300 points today!
In the Malaysian trading room, a person in charge said: "Caesar, there is a serious loss on the spot silver account at present! A total of 1 million long positions have been established, with an average position at 19.50, and the current loss is 50 points, totaling 2.5 billion US dollars!"
These days, they are also buying on dips, and have established a long position of 1 million lots of spot silver, and a single point of fluctuations in spot silver is a profit and loss of 50 million US dollars! Now the loss is as high as 2.5 billion US dollars!
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