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Chapter 304 Plaza Agreement

"Bateer wants to go? No problem. He and Factory Director Han both have straightforward tempers. They should be able to get along."

Wu Dawei knows both of them, and his views are quite convincing.

"Oh, well, originally I wanted to arrange for him to go to the clothing factory, which is very close. Now thinking about it, it is more appropriate for him to go to the winery in Daocheng."

"Yes, the garment factory is definitely not suitable. Battelle is not very good at dealing with women, and there are only female workers in that factory. If you let Battelle go to the garment factory, aren't you going to make him suffer!" Wu Dawei joked.

Sun Dahai sighed, he was really reluctant to let Battle go!

It's been two weeks since the new semester started.

It has been a month since Battle and Gao Yi left, and until now, Sun Dahai is still a little uncomfortable. However, life still has to go on.

Sun Dahai secretly encouraged himself that after this school year, he would no longer be a primary school student and his family would be able to relax their control over him.

Andrew, a young pen pal in the United States, invited him to visit the United States for vacation many times, but Sun Dahai never told his family. After graduation, Sun Dahai wanted to go out and see what the United States was like in the 1900s.

Don’t think too far away. The most important thing now is to keep an eye on the Japanese yen contract in your hand. The signing of the Plaza Accord is a bellwether for the sharp appreciation of the Japanese yen. But on which day, Sun Dahai is not sure. He only knows

It happened in September 195.

Sun Dahai arranged a trading team to enter the market quietly since March and build positions in batches. In the past six months, the market price of the US dollar against the Japanese yen has been calm and there has been no big trend.

Sun Dahai's orders placed in several markets did not result in big profits or losses. It was just the operation of changing the month after expiration. Accumulated, he also paid a lot of handling fees, which increased some costs.

The cause of the Plaza Accord was that the U.S. government had continuously raised official interest rates in recent years in order to control severe domestic inflation. This resulted in a large influx of foreign capital and an increase in the exchange rate.

The result of the rise in the exchange rate is that export competitiveness has dropped significantly, the trade deficit has expanded, and the U.S. current account fiscal deficit in 1944 hit a historical record.

In 1955, Japan replaced the United States and became the largest creditor country in the world. Since Japan had been artificially devaluing the yen, products made by Japan were everywhere in the world, and Japan's foreign capital investment was also expanding rapidly.

In order to pass on the debt crisis and stimulate domestic manufacturing to increase exports, the U.S. government decided to devalue the U.S. dollar and also target the Japanese yen and the mark, forcing them to appreciate in preparation for profit.

Now, the finance ministers and central bank governors of five Western countries are holding a meeting at the Plaza Hotel in New York to prepare for joint intervention in the foreign exchange market.

There are currently no reports on this aspect in domestic public economic news. Sun Dahai does not need to go through Li Cuifeng or Sun Weihong to find relevant internal information. The trading team has been keeping an eye on it in Xiangjiang for a long time.

Since she started longing the Japanese yen, Qiao Wanting has watched the financial news from the United States and Japan every day. Information from all aspects has been continuously compiled, and now it has been basically clearly proven that Sun Dahai's investment this time will bear fruit soon.

With them paying attention at all times, Sun Dahai didn't bother too much. Anyway, he could receive information from Xiangjiang in time in China. At most, he would pay attention and go to school as usual every day.

Monday, September 195.

Early in the morning, Qiao Wanting called. She said excitedly on the phone: "Little boss, the agreement has been signed. The general content is what you predicted. Several countries joined forces to intervene in the foreign exchange market, selling the U.S. dollar to depreciate it and at the same time increase the price.

Yen and mark.”

Sun Dahai waved his fist vigorously and said in his heart: Now we are stable.

He looked up at the wall clock and asked Qiao Wanting: "When was the agreement signed?"

"More than an hour ago." Qiao Wanting was very excited. Although she stayed up all night, she still looked energetic.

"I'll go. They are really cruel. They don't let others in to drink soup." Sun Dahai muttered.

There is a reason for what Sun Dahai said. The agreement was signed at five o'clock in the morning on Sunday. At this time, the European and American markets were on a rest day, and the Asian market had not yet opened.

Everyone knows that there will be a huge amount of US dollar selling as soon as the market opens today, but now there is a huge amount of speculative funds gathered outside the market, and it is impossible to enter the market even in a hurry.

Those funds that have entered the market but made the wrong move can only hope that their positions will not be heavy. Companies or individuals with heavy positions, or even companies or individuals that use financial leverage trading, may not be able to hold on even for the first second after the market opens, and they will be hit.

Wear the position.

This is futures. Trading with ten percent margin is really like heaven and hell at the same time.

These losers have nothing to do with Sun Dahai. It is really rare to achieve a certain level and want to make a comeback in the financial market.

This is not a problem of funds, but of mentality. Once the mentality is messed up, the pressure caused by market changes will drive traders crazy.

Sun Dahai asked Qiao Wanting to organize everyone to take turns on duty, and the rest of the people went to sleep. The market direction had been chosen correctly, and the only thing left was to find the right time to ship.

Sun Dahai invested a lot in this project and held nearly 700 million U.S. dollars in orders. The position was quite heavy. So he told Qiao Wanting that before leaving the market, he could just change the month normally and there was no need to use profits to continue adding positions.

Sun Dahai was also very happy after receiving the good news early in the morning. The stone in his heart finally fell to the ground. Although he is a reborn person, he is investing more and more money now, and he is always worried about triggering the butterfly effect, which will affect the course of history.

.

Now that he knows that the agreement has been signed and the process has not changed significantly, there is no problem with this investment and he feels relaxed.

At this time, Sun Yuanyuan and Sun Dahe also finished washing and came to the living room to have breakfast. They are now first-grade primary school students, wearing the uniforms of Yingcai Primary School, looking full of energy.

At the beginning of this year's school year, Yingcai Primary School and Yingcai Kindergarten have begun enrolling students. Because it is the first year of the new school, all aspects need to be adjusted, so each grade, including kindergarten, only enrolls one class. The sixth grade of elementary school will not enroll students this year.

The enrollment process started in July. In addition to registering the children of employees, the enrollment staff also had to go to several municipal welfare institutions to interview school-age children.

Jiang Xiuping also contacted several primary schools with overcrowded students through the Education Bureau and conducted publicity. Based on the voluntary participation of students and parents, interviews and written tests were conducted to select outstanding students to make up for the lack of students in the school.

As for the sixth grade students, because they have to take the city-wide unified examination at the end of the semester and it is time to publish their results and bring glory to the school, each school is reluctant to release outstanding students at this time.

Jiang Xiuping and others understand the thoughts of these schools very well, so they decided not to open classes for sixth grade this year. When Yingcai Middle School enrolls students next year, they will not directly recruit students in the third grade of junior high school and senior high school.

Er Pang arrived on time. He came to pick up Jiang Xiuping, and took Sun Yuanyuan and Sun Dahe to school. The school was a boarding school, and poor Er Pang went to elementary school, but he did not get rid of the fate of living in school. 11


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