Chapter 1221 [Exchange rate breaks 7 major own goals?]
For those domestic investors who want to harvest and transfer wealth in the cryptocurrency market, Fang Hong has already found the scapegoat, and it is none other than Merrill Lynch.
Three years ago, Merrill Lynch approached Qunxing Capital with careful thoughts and took the initiative to seek cooperation. The two parties quickly reached a cooperation. Merrill Lynch gave a large sum of money to Qunxing Capital to manage. The purpose was to use a trick to lure the snake out of its hole, but it failed.
Unexpectedly, Fang Hong made a backhand and allowed the funds to be taken over at the price of Bitcoin's historical high of US$3,000.
At that time, Merrill Lynch was so angry that it came to kill people. It was simply a shame and a great humiliation. Moreover, in 2013, the wave of directional explosions of a group of listed companies in the galaxy that collectively fell to the limit for 18 consecutive days shocked the entire capital market at the time.
At that time, no one expected that Fang Hong would be so courageous. He did not give face to the financial giants on Wall Street at all and focused on a young and energetic person.
As for Merrill Lynch’s entrusted funds, most of them are still tied up at the top of Bitcoin.
Next year, Fang Hong has decided to run a super bull market on Bitcoin, and by the way, he will help Merrill Lynch get rid of the money that has been trapped for three years, and at the same time, let Merrill Lynch make a big profit with this money before leaving the market.
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Of course, Fang Hong did not give such huge benefits to Merrill Lynch for free, but wanted Merrill Lynch to take the blame and make Merrill Lynch the biggest profiteer from the Bitcoin bull market in 2017, thus allowing those who benefit from it.
The colonists believed that Wall Street and Merrill Lynch had harvested them.
…
Time entered December. After Fang Hong's series of decisions were finalized, Tian Jiayi ordered his arrangements to be implemented in an orderly manner as planned. Star Capital, a huge organization, began to operate and fully implement his will.
The first is the encrypted digital currency market. Just entering December, the price of Bitcoin has further strengthened. It first broke through the high point of the year and stood at the US$1,000 mark. It is still far from the historical high of Bitcoin on the basis of the current price.
It will more than double again.
However, in the next year or so, the price of Bitcoin will not only increase twice, but more than thirty times.
In addition, North America is also making an orderly plan to continuously dig an epic sinkhole for the Run people. The priority of this matter is not very high because it takes a long time. It is not a short-term plan. Take your time.
That's it, taking your time is the fastest.
As we enter the last month of the year, the turmoil in the financial market has intensified significantly, and many people can feel that the situation is changing at this moment.
On December 6, a sudden news caused an uproar in the capital market. People found that the overseas search engine Google showed that the offshore RMB exchange rate had "plummeted" to 7.4, which shocked overseas students and purchasing agents overseas.
The search engine Google shows that the offshore exchange rate of the US dollar against the RMB has plummeted to 7.48, while the offshore exchange rate data of the US dollar against the RMB in terminals such as Bloomberg and Wind, as well as search engines such as Yahoo, Lingjing Search, Baidu and other search engines, still remains at 6.88.
As a factor affecting the price of imported and exported goods, exchange rate has an important impact on import and export.
Just when the market was in an uproar, a few hours later, the incident quickly reversed. The Google search engine's report that the offshore RMB exchange rate "broke 7" was an "own incident", and many people took it for granted.
The Long incident seemed to be a false alarm, especially overseas students and purchasing agents, and they breathed a sigh of relief.
Most people are talking about the "own dragon" incident itself, but those in high-level circles or those with deeper access to information know that this is by no means an "own dragon", but a new trend of international short-selling forces.
round of attack.
Google's own incident regarding the RMB exchange rate happened at a time when the RMB was continuing to depreciate and was approaching the psychological threshold of 7, and it was trying to mislead the world and create panic.
Fang Hong, who saw the news of this incident, had no psychological fluctuations about it. The opponent's efforts at the level of public opinion also showed from another perspective that they did not have many real killer moves in their hands.
At the same time, the A-share market has also ushered in a periodic peak. As time goes by, on Monday, December 12, the A-share market, which has been affected by multiple negative effects recently, the three major trading markets of Shanghai and Shenzhen
All stocks fell sharply at the opening.
First of all, insurance capital's wild plans have been subject to strong supervision, causing a number of concept stocks to fall sharply again, seriously dampening market sentiment; secondly, IPOs in the two cities have accelerated recently, which is equivalent to the realization of the registration system, and the high-valuation GEM has been hit.
; After the end of the year, funds are tight, and the central bank continues to withdraw funds; and this month, the Federal Reserve is likely to raise interest rates, and the A-share market will also be under pressure.
But the most important factor is the renewed turmoil in the foreign exchange market, and smart money in the investment circle has already smelled something unusual.
Some funds have begun to shrink from risk aversion, and some funds have tasted the benefits of following the stars in the foreign exchange market at the beginning of the year. Now they are gearing up, freeing up funds to make a fortune in the foreign exchange market.
The A-share market has been fluctuating and falling since it opened today, and the willingness of funds to enter the market is not strong. The NSE 50 index has broken through record highs one after another and is also adjusting today. It is now a troubled time, and many people have chosen to be cautious.
The three major trading markets of Shanghai and Shenzhen have suffered the worst fall in the Shenzhen Stock Exchange, and the GEM has become the hardest hit area.
It hit a new low and was surpassed by the NSE 50 Index in absolute terms.
As of the close, the three major trading markets have plummeted across the board, with the Shanghai Stock Exchange Index plunging -2.47% to 3152.97 points; the Shenzhen Component Index plunging -4.51% to 10302.85 points; the NSE 50 Index plunging -3.36% to 2034.19 points; the GEM
The index plummeted -5.50% to 1984.39 points.
The total turnover of the three major trading markets is close to the trillion mark.
In the following days, the decline in the A-share market slowed down, but overall it maintained a volatile downward trend.
…
December 15th, Jingxinju Villa.
"The matter of the Federal Reserve raising interest rates has come to fruition today." Tian Jiayi returned to the villa to find Fang Hong and reported to him: "Last night in North America, the Federal Reserve announced an interest rate decision and announced a 25 basis point interest rate increase, raising the federal funds rate target.
The range was increased to 0.5% to 0.75%, and the resolution statement was unanimously adopted. As soon as this news was disclosed, the U.S. dollar index rose sharply and rushed above the 103 mark, further setting a new high in 14 years."
Upon hearing this, Fang Hong said easily: "We can just continue to open the US dollar short-term."
Tian Jiayi said: "The team of traders below is executing the short opening according to your decision. Oh, by the way, there are two more things. One is the SGX Stabilization Fund, which should be implemented by the end of the year, and the other is
All the relevant matters related to the preparation for the listing of the agricultural products supermarket are in place and it is expected to be listed on the SGX in January next year."
