Chapter 509: A New Arbitrage Model
In the context of the strengthening of the yen's own interest rate cut expectations and the increase in the expectation of US dollar interest rate hikes, the yen has still given a depreciation range in the past two days, but it is not much, which just offsets each other with expectations.
In the final analysis, economics is still psychology, and the huge economic individual, human beings, is the foundation of the economy, and the United States has understood the theory that the more crisis there is, the more intimidating it is, and China's trillions of dollars have clearly learned from this experience.
Japan can't afford it, because it doesn't have that foundation, and it uses money to buy resources for development, and if the movement is big, it will impact the financial system, and if the movement is small, it will have no effect, and it basically depends on boiling, and when it can't invade others, it can only find a big country to be the little brother, which is basically the life of a natural dog.
Wang Nuo doesn't have to pull the proposition to such a big point, what he and countless professionals want to know is whether Japan will feel that the interest rate tool is slippery and continue to cut interest rates, that is, to cut interest rates.
This is not a trivial matter, the interest rate is a thing, it is easy to say that it is zero, it is more of an attitude, and there is still a lot of room for turning around in practical use, and then a knife becomes a negative interest rate, but it is an unknown era.
"If this is confirmed, I will dare to enter in the short term. Wang Nuo sighed in his heart.
If we use an honest pen to determine whether the yen will implement negative interest rates or not, there is still a point in time, although Wang Nuo cannot be sure of 100% short-term depreciation, but it is almost inevitable to enter the investment.
The absolute interest rate is negative, and this is not the actual negative interest rate with a negative interest rate minus inflation rate.
"Mr. Wang, there is still our information waiting for us at the green corner. Seeing that Wang Nuo fell into thinking again, Meng Han couldn't help but remind.
"Don't worry, we will only ask for it tomorrow, you can continue our point of view according to the original research report. "For the demand for green corners, Wang Nuo is really not in a hurry at all, he has determined the market trend, and by the way, he has determined that it will not cause additional energy consumption, so what else is there to say.
On the contrary, the market for the yen began to be extremely interested.
After a year in the industry, outsiders think that Wang Nuo is talented, only Wang Nuo himself is not sure about this matter, he always feels that this is the credit of the honest pen, he has worked hard and paid, but ...... What is the specific gravity?
How much of the current success is in exchange for his own efforts, Wang Nuo is not sure about this matter, but he will not drill the horns, that is, ...... I kind of want to test my strength.
Is there that talent, to be precise, how much talent, even Wang Nuo himself can feel that his accumulation has reached the critical point of producing qualitative changes, and there is only a layer of window paper that has not yet been pierced.
This is also because of the chaos and complexity of the international market, which can make Wang Nuo feel this way and put it in China...... He really couldn't have improved so quickly.
In Meng Han's opinion, although Wang Nuo is still a little tender, it is enough as the person in charge, and Mr. Wang is lucky, talented, and a great philanthropist, why can't he succeed?
But even so, Meng Han didn't think that Wang Nuo and even his team had anything to compare with the Green Corner, the hardware alone was 108,000 miles behind.
Even if Wang Nuo's rate of return crushes the green corner, but the risk is there, basically no one will think that Wang Nuo and his team are already better than the green corner.
Meng Han thought so, and so did Green Corner.
Far away on Hong Kong Island, as soon as the three core leaders of the Green Corner sat down, their faces were only full of interest, between the safe-haven currency and the Australian dollar, they chose to use the Australian dollar to do things, but it does not mean that they are interested in the safe-haven currency, or the yen.
Green Corner is not at all worried that Wang Nuo will threaten their position after achieving profit, risk equals return, no matter how successful Wang Nuo is, from a professional point of view, it is also with a lot of luck, almost not suitable for the professional investment field, he belongs to the kind of risk investor, but does not carry out the necessary control of risk.
So in general, Green Corner feels that Wang Nuo is full of talent, but there will definitely be a day when he misses, and they don't persuade it because ...... I don't want to, but also because it's not necessary.
If you miss, you will miss it, and for Wang Nuo, you will lose the investment amount, and the starting line from scratch will not be far from the failure point.
Besides, negative interest rates, this may be when negative interest rates come out, what is the concept? It may be a very new thing in recent decades, and new things are very sophisticated.
It is interesting whether Wang Nuo can find a new entry point in something new, see farther than others, and go faster than others.
"If negative interest rates come out, I think the yen will definitely fall, but the direction of money flows alone is enough for them to be overwhelmed. β
"But negative interest rates will release liquidity, and if the economy improves, is it possible to rise back?"
"Instead, I'm worried that negative interest rates will take a toll on market confidence. β
"The Japanese are really innovative. β
The three of them sat there discussing, full of curiosity and longing.
Removing work, the thing that the financial circle is most concerned about now is also whether Japan's negative interest rate will come out, and everyone is very much looking forward to what will happen as soon as this thing comes out.
After attracting so much attention, if someone can show their face after the negative interest rate comes out, it is guaranteed that they will be famous instantly, and for the institution, that is where the interest lies.
Therefore, the research department of Tyrone International, and even the entire company, in addition to meeting the needs of various departments and teams, everyone is also concerned about this.
New things, representing infinite possibilities, is also the most sophisticated time, Wang Nuo's level of analysts, can only barely step into the circle of the international market, he has not even been on the domestic financial analyst list, and his understanding of the market is not even fully mature, so the expectation is expected, people who know Wang Nuo do not feel that there are any variables here.
Wang Nuo himself didn't have expectations, he just wanted to determine the basic cognition first, and then see if he could cut a certain variable and finally invest in profits.
But all this, when Wang Nuo looked through the information and found a possible system, disappeared in an instant.
"Bond Interest Rate ......"
βLiborβ¦β¦β
"U.S. dollars, yen swaps, bond buying, hedging to lock in U.S. dollars for profit ......"
"How dare Japan have negative interest rates!"
Wang Nuo was stunned, looking at the information in his hand, and then looking at the model in his mind, he suddenly found that it was not how the yen dared to have negative interest rates, but whether this kind of thing appeared or not was still uncertain, or even ...... This is the new arbitrage model.