The hedging of funds is magnificent, but the early stage is actually very boring, even if it is full of calculations, the tug-of-war seems too boring.
Just like the current long and short sides, the bears occupy the support of the fundamentals, and the short-selling funds are impacted all the way, but because the bulls do not dare to pull up the index too much, and the securities market is fighting around the right to fix, you attack too deeply, and the probability of your teammates backing up is greatly improved.
The time is not right, and the bulls and bears can only start a war of attrition at the exchange rate of 685.
The bears are worried, and the bulls are also suffering from internal and external troubles, but fortunately, Lei Hao calculated his teammates in front of him, and with the glittering historical report card, he successfully pinched all the bulls' main forces into a rope.
Lei Hao's Hong Kong Island Thunder and EI's funds have directly become the backbone, Keda, HSBC, Standard Chartered, Prudential, Qingyu and Hanlong are afraid of calculations, so they can only pinch their noses and follow Lei Hao's operation, and everyone faintly has the meaning of advancing and retreating together.
The depreciation of the RMB has passed 2, and the idiots know that whether to break 7 or not is the key point of the collapse, and a large amount of funds have poured into the RMB exchange rate market, which has also made practitioners smell an unusual taste.
The SHIBOR interest rate of up to 12 represents the cost of shorting the RMB at more than 3/10,000 per day, and as long as the situation is clear and the RMB exchange rate can hold up, everyone knows that it is the time to kill the short.
It is true that China wants to promote financial marketization, and it is true that it cannot intervene for the time being, but if you really think that the central bank of China wants to plant it, it is a big mistake.
As long as the exchange rate is stable, the central bank of China has many ways and means to stabilize the currency exchange rate, and the most important thing is that the central bank does not need to make a move, and countless funds that smell blood will jump out to suppress the bears and plunder profits.
If the renminbi cannot be stabilized, then the central bank of China will be very passive, and meddling means that everything is business as usual, and the exchange rate still does not have much room to float.
Therefore, the competition for the initiative in the foreign exchange market is a game between countries.
But Lei Hao also knows very well that China's capital is huge, and if either of them tears their faces and intervenes in the foreign exchange market, this hedging will become a duel, and it is not impossible for a financial war to break out.
Fortunately, the two countries are powerful, but there are also many scruples, not to mention that China's $3 trillion in foreign exchange reserves alone has not much to take care of, and any money withdrawn will affect other areas.
"The tiger does not come out of the mountain, the monkey is the king, and if the market is obviously manipulated, the central bank will have an excuse to intervene, so" Lei Hao thought silently in his heart: "I will hand over the stage to the market for the time being." ” "The dollar is appreciating, and various currencies are also fighting their own battles, and everyone is worried that the dollar will turn the gun, and the conclusion is that "the development of things did not exceed Lei Hao's expectations:" I seized the opportunity, and the amount of energy is mine. ” "To each according to his ability" On the screen wall, the flickering of data is like a waterfall washing, often the trading disk that is formed a few seconds ago, and you can't see it from the screen wall the next moment.
Only the data of the total volume, open interest and so on at the top are changing.
Lei Hao now has a short RMB contract position of more than 300 million yuan, and the bearish position is at 671, as long as all the positions are closed at 685, he will earn at least 200 million US dollars.
With the addition of 200 million earned, Hong Kong Island Thunder and EI combined have more than 3.5 billion US dollars, which are put on RMB futures, multiplied by 8O equals a position of 2.7 billion US dollars.
The most important thing is that due to his high credit line, Lei Hao's contracts with HSBC, Keda and other institutions stipulate that he does not need to add margin within two or three days, that is to say, even if he is long in the range of 6, even if the exchange rate breaks 7, Lei Hao can still sit and wait for the central bank to come out to clean up the situation, and the expected loss can have a chance to control.
The foreign exchange market of RMB has a trading volume of two or three hundred billion US dollars a day, and according to the usual situation, as long as Lei Hao dares to die, his 3.5 billion is enough to sweep the entire market.
But people who speculate in foreign exchange know that the RMB is usually not moving, and the sky will fall apart when it moves, for example, today, one morning, the amount of energy that Lei Hao knows alone has exceeded 5oo million US dollars, you know, this is only the moment when the amount of energy contracted in the early Asian market, and the hedging channels of the other six institutions cannot all be told to Lei Hao to know, so the data should be magnified a little.
Lunch is solved by the company, with Thunder's financial resources, when the big event comes, even if the employees involved in the work want to eat the food of the five-star hotel, the company can also be satisfied, Lei Hao After eating, he returned to the office, closed the door and read various materials including future information.
The capital is too large, and it is the biggest variable in the market, and every step of the way needs to be carefully considered.
There are also many people in the financial circle at home and abroad who are reading the information, most people still dare not participate, the loss of one billion and eight billion yuan is not something that ordinary institutions can bear, it is good to win, but looking at this situation, Lei Hao's winning margin is even relatively low.
Yanjing, the central bank, after getting almost all the transaction data through a powerful channel, everyone, including Wang Huachen, was a little silent.
"Over $7oo billion" "This group of foreigners, we are going to stare them to death next" "We were staring at them in the first place, and they didn't violate the rules in this operation."
"We can't affect the hedging on many platforms at all, and the influence that spreads from the deep market can only be said to be unguardable."
Everyone got together and talked about the situation, the central bank is different from other participants in the market, as long as she moves, the leverage ratio is extremely low, Lei Hao can use billions of dollars to leverage large amounts of funds, and the central bank generally has a few times is considered a lot.
But the current problem is not unbearable for the central bank, at most it is shameless again, closed doors and reorganized, 30,000 US dollars of foreign exchange reserves are there, and the basic market is still there.
The problem is that if the financial market does not advance, it will retreat, and China's economic, military, and political fields are unfolding, and the financial field must keep up.
"Other currencies don't feel good either."
Wang Huachen continued to flip through the documents and said with some emotion.
Every appreciation or depreciation of the US dollar is based on its own status in the use of seven wounds, the difference is that after the punch is punched, the prey is not enough to make up for the loss.
Don't look at the current bustling RMB market, if it really can't achieve its goal, Lao Mei will definitely find someone else to harvest it.
"Give the information to Lei Ting, and tell them by the way" After seeing the information, Wang Huachen's mouth was a little bitter: "The opponent should have more funds than them":