Chapter 215: Lag

Located on the 15th floor of the Citi Building in Central, Hong Kong, a brown-haired woman wearing a professional skirt looked at the big screen of the investment department, and her pretty face showed a strange look. Pen, fun, and www.biquge.info

"U.S. dollar index futures are starting to fall and are now trading at $97.9012, and the 1.5 million short positions opened by Tafook Bank's proprietary department have put a lot of pressure on the market." The old man standing next to the young woman in her early thirties sighed slightly.

"Through the operation of 50 times the maximum leverage, the $3 billion capital of the proprietary department of Tatfook Bank leveraged $150 billion in contracts, and even the central bank would not have sold so many goods in such a short period of time." A young woman in a professional suit, with her fingers wrapped around her long curly brown hair, brought a sense of thought.

"The short funds on and off the market are very fierce, the supply and demand relationship is temporarily unbalanced, and the balance can only be re-found with the fall. The old man in the West said lightly.

"I don't know if it's the relationship between the operation of the proprietary department of Dafu Bank, today's decline in dollar index futures seems to be particularly intense, and it was launched before the opening of the U.S. stock market. The delicate brown-haired young woman stared at the plate tightly.

"Before the opening of the U.S. stock market, it is nothing more than to make the U.S. dollar index futures the mainstream variety in today's international financial market, attracting a large number of funds to join, in order to improve the trend of synergy and resonance. The old man explained to the young woman.

"Now the international gold spot has not started, relative to the decline of the dollar index futures, the seesaw trend is obviously lagging a lot, look at this situation, the dollar index futures not only have to take over, become the main mark of the capital, it is estimated that the real downside, there is still to be expanded." The brown-haired young woman shook her head.

"President, the U.S. dollar index futures have begun to fall sharply, and the funds for short selling are extremely enthusiastic, and it is now $97.8507." A young trader said to the old man in the West.

"From 98.0198 down, to the current 97.8507, it has only fallen by $0.2591, a decline of less than 0.5%, according to the current situation, above $97, it should be the range of this wave of short funds pouring in, and the market must fall." The old man's statement made a few traders who felt the abnormality of the dollar index futures secretly moved.

"It's not good to do the dollar index futures, today will pull out a very big falling bar line, the short side of the capital attack is extremely resolute, it does cause a lot of pressure on the dollar index futures, now it depends on how the bulls respond, from the bottom of the dollar index futures two days ago, the main force is still very tenacious, bringing people a sense of strength." Later, the brown-haired young woman had the meaning of inquiry.

"In the U.S. dollar index futures, the more obvious bullish main institutions should be New York Life Insurance Group, and MetLife Insurance Group, the two main long positions are very large, with a total of more than four million lots." The old man reminded the young woman with a smile.

"President Cole, you mean that these two insurance groups are jointly speculating on US dollar index futures?" The brown-haired young woman couldn't help but be a little surprised.

"Speculation is not to talk about, these two insurance groups have abundant funds, should be optimistic about the medium-term trend of dollar index futures, but in the context of the Federal Reserve is about to cut interest rates, the short-term pressure on the market, it seems to be greater than imagined, calculated from the time when the interest rate cut is expected to really attract attention, the two insurance groups have supported three trading days, coupled with this artificial impact, it is estimated that at this time, the room for the two insurance groups to turn around is not too big." The old man sighed and laughed.

"Although New York Insurance and Metropolitan Insurance Group are very powerful, they are listed companies, and they will inevitably be restricted in the use of funds, and the total position of US dollar index futures exceeds 4 million lots, which is indeed quite huge." The pretty face of the brown-haired young woman gradually sank, and people didn't know what they were thinking.

"Miss Di Liya, the two insurance groups are restricted as listed companies, and they are still secondary, mainly because the shareholders are very troublesome, especially when it is not going well, it may form a very big obstacle to the operation." The old man said with a little deep meaning.

"No Ji'er today?? Stillman's message? When she came to Hong Kong, she seemed to have her eye on the position of president of Citigroup's Hong Kong branch. The brown-haired young woman asked the old man with a smile.

"It's worrying that she didn't come, does Miss Delia know the intention of the consortium? I'm afraid that when the time comes, she will get the decision of the Citi consortium, and it will really be too late. The old man looked at the brown-haired young woman with a clear look of request.

"President Cole, you can rest assured that in Citigroup, it is not the Stillman family who can do whatever they want, it is impossible for her to obtain the resolution of the consortium, if she can really squeeze you out, the consortium should have a clue a long time ago." The brunette young woman was confident.

"President, the U.S. dollar index futures seem to be falling faster and faster, and the selling pressure is getting heavier and heavier, it is already 97.3054, maybe which one will sink to the $97 mark." The young trader shouted to the old man.

"After three trading days, the two major insurance groups have already consumed a lot of funds, and now the U.S. dollar index futures have formed a short-term downward guidance, Miss Di Liya thinks the market can recognize, $97 this position?" Because the matter of the president's position made the old man feel a lot more at ease, a little relaxed smile appeared on his face.

"$97 can't be stopped, at least the decline will be about 2%, and it will be possible to stabilize only if we see the follow-up response to the leverage of the main force of the bulls." Although the brown-haired young woman said with confidence, she was still observing, and did not make any moves.

"Speaking of which, this Dafu Bank asked the Hong Kong branch of Citigroup to make a depository guarantee for its operating funds, wouldn't this be completely exposed to our sight?" While the old man muttered, there was caution and incomprehension.

"If there is a guarantee from Citigroup's Hong Kong branch, the safety of operating funds will be greatly guaranteed, and this can also play a smooth role in the cross-market turnover of funds, compared with Citibank's qualifications in major capital markets, the authority and heritage of Dafu Bank are still much worse." The smile of the brown-haired young woman seemed to be reserved.

"But the speculation of Tatfook Bank is so big, and it is still the limit of operation, once there is an unpredictable risk, I am afraid that the Hong Kong branch of Citigroup will also be implicated, not to mention that as the guarantor of the funds, Tatfook Bank only gave a commission of one million US dollars." The old man couldn't help but be a little worried.

"It's not a big problem for the time being, the Hong Kong branch and the fund guarantee signed by Tatfook Bank is only a week, right? It is estimated that after the end of the operation of the dollar index futures, Tatfook Bank will take the initiative to withdraw the funds. The brown-haired young woman guessed the words.

"President, the U.S. dollar index futures have broken 97, but the international gold spot has lost its linkage, and the capital seems to be pouring into the U.S. dollar index futures, which obviously has a blood-pumping effect on other markets that are not alarming." A young trader reported to the old man.

"It's not that the linkage has been lost, it's just that the international gold spot is lagging behind, and the current U.S. dollar index futures are more to make up for the fall, because the impact of the Fed's interest rate cut on the U.S. dollar index is not sufficient, once there is an opportunity, this market is naturally more attractive than the international gold spot that has risen sharply." The brown-haired young woman can see through to the public.

"There is still plenty of time for the Fed's closed-door meeting to have results, which is a good opportunity to do the market, but compared with the unanimous downward trend of the US dollar index futures, the intraday trading of international gold spot is still unstable, and the upward pressure seems to be much greater, otherwise it will not be so dull." The old man somewhat felt that the linkage between the two markets seemed to be covered by a hazy veil, which made people not see it very really.

"The Federal Reserve has become a foregone conclusion that the interest rate hike will be a foregone conclusion, with this expectation, the international gold spot will definitely move, but the strength and magnitude may not be as good as the dollar index futures, at this time, the dollar index futures as today's mainstream varieties, I believe that all institutions have been able to feel it somewhat, otherwise there will be no continuous downward position pressure trend." The brown-haired young woman had speculation, but she wasn't sure how far the dollar index futures would go.

"In the international gold spot, it is now dominated by the Japanese consortium, and the trading of the finishing disk is unstable, and there is obviously a disagreement, so I don't know whether this disagreement comes from the Japanese consortium or the difference in the ideas of the long and short sides of the market." The old man said with a deep expression.

"It seems that the self-operated funds of Tatfook Bank not only want to create market heat through operation, it is estimated that the Hong Kong branch of Citigroup will be used as a third-party depository and guarantee, and it also has the meaning of seeking connections. Although the glamorous brunette young woman had an idea, she never thought that she was talking to the old man about Ji'er?? Stillman, at this time, was already the president of Tatfook Bank.

"Miss Delia, you mean to send someone to monitor the operation of Tafook Bank?" The old man's expression moved, and he confirmed the brown-haired young woman.

"The funds put into operation of Tatfook Bank are not small, and the Hong Kong branch of Citigroup, as the depository and guarantor, should arrange for individuals to be stationed in Tatfook Bank for monitoring, you call over there to find out what it means, if Dafu Bank allows us to send people, you can directly observe the operation there." The brown-haired young woman smiled and instructed the old man.

"Boom~~~"

Just when the U.S. dollar index futures fell to 97.1201, the international gold spot finally surged out a large order of 100,000 lots.

(The first one will be delivered, and there will be a little later.) )