"After today, it's hard for us to be poor."

"Haha. Let's have a drink first."

“…”

"Mike. Pound is really going to be over this time. Come on, let's have a drink."

"The dog has to attract customers."

“…”

"Two hundred and fifty basic points, know what this means? It means that the Bank of England will release at least hundreds of billions of pounds. God, what are we waiting for if we don't short the pound?"

"Ma Silong. I always feel a little worried."

"God. What are you worried about? The sky fell and there was a tall one standing tall. Shen, do you know? He is my idol, and they are said to have established at least 40 billion pounds of selling positions on the pound. What are we going to worry about?"

"Okay. Then what position do we build?"

"Of course it's all."

“…”

“…”

Supply and demand relationship, the factor determining price.

Currency is called currency, and in theory it cannot be separated from the logical relationship between supply and demand and price.

The Bank of England first restored interest rates to drop by 500 basic points, and then cut interest rates by 250 basic points at one time, which means that more pounds will be circulated in the market.

Now that the pound has withdrawn from the European exchange rate mechanism, the Bank of England has no obligation to buy the pound.

Everyone knows that the pound will continue to plummet.

Everyone in the world knows that the pound will fall into the bottomless abyss.

Is there any reason not to short?

No.

Real speculators know that no matter in any market, there is only one lowest point in the price, and there is a new low below the new low. In the current pound chart, a large monthly line-level yin line swallows up countless positive lines, just like a giant axe that falls from the sky. No one knows how deep the gully will be cut.

As the news of the Bank of England cut interest rates fermented in the market, for a time, countless speculators and fund companies around the world bet on short convergence transactions of the pound.

Wall Street, Chicago, Boston, Singapore, London, Tokyo, and the world's number of international financial markets, speculators and fund managers are ready to do a big move.

Of course, not everyone wants to prepare to show off their pound shorts.

Just like the market has risen or fallen, no matter any price, there will always be different traders holding completely opposite views.

Central, China Coast Investment Management Co., Ltd.

According to news from the UK, the general manager led by Li Qingshan and the vice president led by Sun Hongbing held a temporary discussion.

Since the Bank of England became the central bank of Great Britain, it has never cut interest rates by 250 basic points at once. This kind of super-large amount of money is spreading, and everyone knows that the circulation of pound will surge. Under the stimulation of such a large interest rate, the money that lies in the bank will only continue to flow into the market.

It flows into the physical industry, into the securities industry, into the United States, into Asia, or into the German market.

But one thing is absolutely certain: as bank deposit returns decline, treasury bond returns will also decline. Under such a big negative factor, the pound will definitely continue to depreciate.

However, when talking about the execution of positions, the company's deputy general manager Sun Hongbing once opposed the company's suggestion of increasing positions, and even proposed the requirement to settle some positions.

"Red Soldier. Do you think of reducing positions? The Bank of England cuts interest rates by 250 basic points at a time. This is something that has never happened in the history of the UK. Should we wait any longer?"

"Yes, Mr. Sun. Now the whole world knows that the pound will depreciate, which is a huge opportunity."

“…”

His eyes were confused and looked at Sun Hongbing, but there was no aggressive look.

As the most educated college student in the company and a professional student in economics and finance, he convinced the Foreign Exchange Administration to establish the Coast Investment Company. Therefore, although Sun Hongbing is not the top leader in the company, he enjoys a very special status.

But now, everyone didn't understand. A huge opportunity was placed in front of him, but Sun Hongbing opposed continuing to increase his position. Everyone hoped that he would give a reasonable explanation.

Sun Hongbing couldn't help but smile bitterly when his colleagues watched him together.

After all, he had been working for a long time. He knew that some things could not be spread out on the surface. The things his teacher Shen Jiannan taught before were not recognized by the world at all.

"Red Soldier, you are talking!"

After a while, London was about to begin. Li Qingshan couldn't help but urge him again. It was related to the tens of millions of dollars to stay and leave. He really couldn't calm down.

"Everything will turn backwards, I think everyone has heard of it. The pound has fallen by more than 30% from its highest point to now. With such a large drop, I think even if the pound does not bottom out, it will be almost the same."

"But the whole world now believes that the pound will continue to fall. Even a professor of economics at Harvard University expressed his views on the pound. He believes that although the pound cut rate by 2.5% at a time will make the pound escape from economic difficulties in the long run, it will inevitably have a more severe impact on the pound in the short term."

Harvard University?

Well......

People are inevitably influenced by others. In the past, in Sun Hongbing's eyes, Harvard University was like the temple of the school, or in other words, 90% of people in school regarded Harvard as the temple of wisdom.

But when someone talked about the stains of Harvard University, how shameless and despicable professors and mentors were, how much money could they spend to enter this university and how much money could they allow those professors to cooperate with their speeches, Sun Hongbing's admiration for the temple had long collapsed.

When he heard someone refuting him with an American university, this guy suddenly felt a little unhappy.

"What's wrong with Harvard professor? My teacher once taught me that the factor that determines the price is never demand or supply. If the world is bearish on the pound, it means that the pound will continue to fall? Who stipulates it?"

“…”

The person who refuted Sun Hongbing was almost choked to death.

In China, due to the blockade and selection of overseas news, many people do not know who the teacher Sun Hongbing is. However, as the supervisor of the Hong Kong investment company, everyone works together, so who will not know who the teacher Sun Hongbing is.

There is no harm if there is no comparison. One is just a professor in the United States and the other is a financial tycoon who has made Europe messy. Whose theory and view is more correct, there is no comparison at all.

The head of the department who refuted Mingzhi shut up. Although he was still a little dissatisfied, he had no courage to continue refuting in the face of the facts.

Sun Hongbing did not continue to bite people like a dog. There are some things that are not necessary to work in such a unit.

However, this guy couldn't help but stand up. If there were no other ties, he really wanted to go and follow his teacher to Europe to rob.

"We can think about it carefully. Don't we know that the Bank of England or the British Cabinet will put more pressure on the pound? Why do they dare to continue to cut interest rates? Do they hope that the pound will depreciate and that the wealth of Britain will continue to be plundered?"

“…”

It seems that this is the reason!

Everyone present couldn't help but look at each other. Interest is the only thing the country pursues. Britain is an old capitalist country in the West after all, and capital should not have such a big loophole.

"What's more, the industrial foundation of Britain has not been really damaged now. Hong Kong alone can provide a large amount of resources for the UK every year."

"There is only one possibility for Britain to lower interest rates at this time. They are confident that the negative for the pound will not be too bad."

“…”

"But if this rate cut will not have a worse effect on the pound, what else will have a worse effect on the pound?"

“…”

"If not, wouldn't we be in a very passive situation?"

“…”

"Vice President Sun is right, it's decided. Lao Zhang, after a while, will settle two-thirds of his position according to Vice President Sun's instructions."
Chapter completed!