In the evening, Chen Hui looked at the trend chart of the Canadian dollar series, but there was still no chance to open a position, so he immediately leaned back on the boss's chair, slowly closed his eyes, and closed his eyes. He muttered in his mouth: "I didn't expect to have a meal, make a phone call, and make another $600 million in profits!"

Now Chen Hui's HSBC account has a floating surplus of $2.2 billion, and the net value of the account is $15.2 billion, which is $600 million more than before dinner!

He currently has a total of 5.5 million long positions, including 2.5 million lots of USD/CAD, 500,000 lots of AUD/CAD, 1 million lots of GBP/CAD, 500,000 lots of CHF/CAD, and 1 million lots of EUR/CAD.

The 2.5 million lots of long positions in USD/CAD were opened at an average level of 1.0840, and at the moment CAD/USD is around 1.0880, up another 10 points from before dinner, for a total of 40 points of floating profit, which is $1 billion.

AUD/CAD is currently at 0.9570, up 10 points from before dinner, and Chen Hui's current 500,000 lots of AUD/USD long position, with an average opening position of 0.9540, is floating by 30 points, totaling $150 million!

GBP/CAD is now at 1.7800, up 20 pips from before dinner, and Chen Hui's long position of 1 million lots of GBP/CAD is at 1.7740 on average, with a profit of 60 pips, totaling $600 million.

CHF/CAD is at 1.2050 at the moment, there is no change, at this moment Chen Hui holds a total of 300,000 contracts of CHF/CAD long position, the average position is at 1.2000, and the current account is profitable 50 points, with a total floating profit of 150 million US dollars!

EUR/CAD is now at 1.4840, up 10 points from before dinner, and Chen Hui holds a long position of 1 million EUR/CAD, with an average position at 1.4810, making a profit of 30 points at the moment, with a total floating profit of $300 million.

At half past 10 o'clock in the evening, Chen Hui slowly opened his eyes and found that the USD/CAD currency pair had fluctuated violently, fluctuating at a high speed in the range of 20 points from 1.0870 to 1.0890, fluctuating at a high speed of about 3 to 5 points per second, and the trading volume was almost infinitely magnified.

Chen Hui looked at the price of international crude oil again, which is also fluctuating at a high speed, usually the trend of the Canadian dollar is closely related to the trend of international crude oil, because Canada is a major oil exporter, and its economy is very dependent on oil exports, and the trend of all international oil prices has a great impact on Canada's currency.

The vast majority of the world's oil companies will hedge in the international crude oil market, including Canadian oil companies, because of hedging in the international crude oil market, they lock in their profits, so no matter how the price of international crude oil goes, it will not affect the profits of these oil companies!

At the same time, many oil companies will also hedge their own country's exchange rate, because they are export-oriented companies, and a country's exchange rate will affect their company's profits! The depreciation of the exchange rate will bring more profits to the export enterprises, and the appreciation of the exchange rate will make the export enterprises lose more profits.

Nowadays, international crude oil is at a high level of 100 US dollars per barrel, and everyone's oil production is getting higher and higher, which is completely in a state of oversupply.

According to data from the Russian Ministry of Energy, Russia's crude oil production in 2013 hit a record high, reaching 10.15 million barrels per day, and the annual crude oil output was about 523.276 million tons, an increase of 1.4 percentage points over 2012. Among them, the average daily crude oil production in December 2013 was 10.63 million barrels. In 2014, Russia's crude oil production is likely to surpass that of Saudi Arabia, but Saudi Arabia's December 2013 crude oil production is not yet known.

In 2013, Russia's strong crude oil production growth responded to previous forecasts of production cuts in old Siberian fields. More than half of Russia's state budget is financed by oil and gas revenues.

In 2013, almost all Russian oil producers increased production

It's not just Russia that has increased production like crazy, all oil countries in the world have increased production, and all OPEC members have hardly reduced production!

Member countries of the Petroleum Exporting Countries are abbreviated as "OPEC". An international organization established in September 1960 by the oil-producing countries of Asia, Africa and Latin America to coordinate the oil policies of member states and oppose the exploitation and control of Western oil monopoly capital. There are currently 14 member states, namely Iraq, Iran, Kuwait, Saudi Arabia, Venezuela, Algeria, Ecuador, Gabon, Indonesia, Libya, Nigeria, Qatar, the United Arab Emirates and Tunisia. It is headquartered in Vienna, Austria. Its purpose is to coordinate and harmonize the oil policies of member countries, maintain price stability in the international oil market, and ensure stable revenues for oil-producing countries

But everyone took advantage of the high international crude oil prices to increase their production and sell more oil!

"Economic growth in non-OPEC countries is likely to be stronger than expected, making the current satisfactory oil market conditions unsustainable in 2014," said Nobuo Tanaka of the World Energy Agency.

Tanaka said that after the expansion before 2010, the world's crude oil reserve capacity is expected to fall into a contraction situation again since 2014, as global oil demand is expected to rise, which means that oil prices are unlikely to fall back to the level of a few years ago anytime soon.

He said oil production in countries other than the oil-exporting countries (OPEC) could peak around 2015. He also said that oil prices are unlikely to fall significantly in the near future.

Chen Hui looked at the channel news, and then looked at the trend of international crude oil, and said secretly: "International crude oil has already peaked! It will fall to more than 20 US dollars per barrel in the future! Many world oil companies have begun to hedge slowly, and now oil prices have been hovering at a high level of 100.70 US dollars / barrel for a long time, and have begun to slowly enter the rhythm of the bear market, and these world oil companies are also slowly building positions to short international crude oil! Hedging in the international crude oil market to lock in their profits! In addition to a lot of international speculative funds, it will become more and more difficult for oil prices to maintain a high level of $100 per barrel! In the future, a sharp drop in international crude oil will mean that the Canadian dollar will weaken, and the US dollar/Canadian dollar will rise wildly! After this wave of Canadian dollars, there will be greater opportunities to make money!

"In the face of the general trend of the world, any disobedience will be finished! Hehe, brother wants to see how much these fools will lose!"

In the future, international oil prices will be in a bear market, and the price will fall sharply all the way, falling to a pitiful more than 20 US dollars per barrel!

As a result, many oil companies that have not hedged have gone bankrupt! There are even some oil countries that have gone bankrupt!

Thinking of this, Chen Hui is extremely excited, there are so many things to do in the future, too exciting, too exciting, too exciting, too fascinating!