Chapter 40: The Enemy of the World
London, Guojin Financial Trading Center.
A young man looked at the computer screen, his face full of extreme tension, excitement, and expectation.
This time, he suppressed all his wealth and even borrowed two million pounds from the bank, only for success and failure.
But can it fail?
That is absolutely impossible.
Thinking of the news from the House of Commons, a hint of compassion appeared on the young man's face and his eyes were full of absolute confidence. A mere Italy, under the iron hoof of the British Empire, would never have any ability to resist.
Repressing the restless blood, he entered a few numbers on the keyboard. As he picked up the mouse and clicked it, a stream of blood that caused the heart to explode began to rush into the body at high speed.
Dear Italian girl, you wait for me, I will use your money to give you the greatest satisfaction!
Ring--
The harsh phone ringing suddenly rang in the office of the head of the Marketing and Trading Department of the Royal Bank of Scotland Group.
The ringtone was crisp and looked particularly annoying in the elegant environment. Tom Redmeniton, who was playing games with his secretary, felt irritated, but the damn ringtone made him unable to maintain his previous focus anymore.
He gently patted the secretary's proud plumpness, and he answered the phone angrily.
"Tom. It's me."
The voice of a middle-aged man came from the receiver, and Tom Redmayne's impatience suddenly disappeared, because he could hear who the voice was.
"Mr. Good afternoon, what are your instructions? Redmeyne is willing to serve at any time."
"Oh. That's it. I want you to help me build a short position on the lira. But you know, as I am, it may be inconvenient. Is there any problem?"
In an instant, Tom Redmayney's pupils gathered together. As the head of the bank transaction department, he would not understand what this means.
This is an opportunity, an opportunity to make a fortune.
After only hesitating for 0:00 a second, Tom Redmayne showed off his professional qualities.
"Of course there is no problem. It is my honor to be able to serve the Duke. But I don't know how big the Duke wants to establish a female position."
"Don't you ask me why I want to build a short seller in the lira?"
"When did Lord Duke let me establish a short seller in Lira? Why don't I know?"
"Haha... Tom, you're very good, I like it very much. I'll have some funds to your account later, and you'll know after reading it."
Pause.
"By the way. Don't say I didn't remind you, what does this mean? The dog's soliciting customers."
“…”
The phone was hung up, and Tom Redmayne's eyes were flashing with extreme excitement. Without thinking, he pushed the secretary away. With the secretary's dissatisfied expression, he put on his clothes and walked to the desk.
100,000,000 £.
A full ten million pounds.
Looking at the funds coming in from the account, Tom Redmayne almost jumped up excitedly. What this large amount of money means is so clear.
Switching the computer to the trend chart of the foreign exchange market, the foreign exchange trend that is usually troublesome looks as charming as a peerless beauty. The red and green K-line is even more moving than the proudest position of a woman.
Become rich!
There is never a secret in the world unless the person who knows the secret becomes a dead person.
Well, this is how it is played in TV shows.
London, Edinburgh, Cardiff, Belfast, Birmingham, even Germany, France, the United States... When news spreads around the world like a virus, those who should make the choice make the choice.
850.3850 sold 66
......
850.6850 sold 66
.....
851.8585 sold 66
......
852.3 sold 6666666666
......
Eni Group sold 10,000 in 209.35
......
Milan Investment Bank sold 90,000 at 369.25
......
ban �
......
Salas Group sold 1000000 at 1089.28
mib,17325.78 down 7.8%
Money is human blood. Without money, it is like losing blood. For a country, money is also the blood of the country.
The falling lira price has rapidly expanded the losses of the central bank's position from US$1.2 billion to US$1.9 billion. The terrifying loss has made the whole body of Qianpi seem to have been pulled away in an instant, and only a bone-broken chill spread from the heart to the limbs and bones.
He suddenly realized what he had overlooked.
If it was the past market, the interest rate of 15% was raised to be enough to keep the capital in China. With the 23 billion marks borrowed from Germany, all short capital can be completely repelled.
But that's the past.
With the application of computer and Internet information, the total trading volume of the foreign exchange market has long been out of the understandable scope, expanding countless times compared with earlier years, and can be sold instantly, which allows all capitals around the world to sell liras indefinitely when they catch a convergent trading point.
The foreign exchange trading market itself does not care about Italy, and the central bank cannot know where the position size of these transactions comes from. The rules of the forward market mean... dozens or even hundreds of times the leverage.
Mark/Lira, September 853.3395
Mark/Lira �
Mark/Lira �
.........
mib,17321.33
mib,17298.14.
...........
how so?
It shouldn't be like this!
Qian Piru was struck by lightning and stared blankly at the red screen on the LCD screen in the central area. If you have any ideas, this one might be left.
A company with good operating conditions can reach 15% of its average annualized profit, which is enough to squeeze into the global ranking of outstanding companies.
The Italian interest rate reached 15%. Logically speaking, such a high interest rate is enough to keep capital in China.
Although Schlesinger's speech before put a lot of pressure on Lira, Germany lent Italy 23 billion marks this time has proved from the side that Germany does not want to see the Lira depreciate too much.
With high interest rates, German attitude changes, and terrifying funds worth more than 20 billion marks, no matter what, the lira should not be affected again.
Previously, the central bank had easily increased the lira price by only one-tenth of the funds, which showed that this killer move was effective.
But now...what is it?
Suddenly, the price difference between different contracts of lira and the price falling sharply were like being bitten by an invisible poisonous snake, and the hairs on the whole body of money instantly exploded. Years of professional experience made him realize something extremely terrifying.
September 12th is the delivery date of the September foreign exchange futures month.
According to the transaction delivery rules, on the delivery date, the seller and the buyer must deliver at the closing price, which can be a discount or cash delivery. With the current central bank holding a £600 million position in the market, that means... if the lira price cannot be held, the central bank will bear the loss this time with a 20-fold lira decline.
Damn Zerg.
This is to use money to kill Italy.
However, if the securities market collapses completely, it will soon cause the financial and real estate industries to collapse completely. At that time, where should Italy go.
But if it cannot keep the lower track of the exchange rate mechanism, Italy will be forced to withdraw from the European common economy.
There has never been a moment when money-skin was as suffocating as he is now. He never expected that the market would move completely in the opposite direction to his expectations.
He even had an extremely terrifying idea that he didn't dare to think about.
Under the huge pressure, Money was like crazy and roaring at everyone.
"Fuck! Why are you fucking stupid? Don't be afraid of them. They have money. We have the Virgin here! Buy them all."
Chapter completed!