Chapter 831 Explosive news (thanks to [Li Shugen] for ten thousand points every month
Monday, noon on the 17th.
A public news from the Russian Ministry of Finance shocked the entire financial market.
The content of this notice is quite concise, which means that Russia will pay off more than 13 billion rubles of foreign debts.
On that day, the Shanghai and Shenzhen stock markets continued the previous day's decline and opened lower. Although the buyer was at a disadvantage and retreated step by step, he still had a certain ability to resist.
However, this message from Russia has become the last straw that overwhelms the camel. I believe that the huge selling pressure will swallow up the already small buying orders as soon as the market opens in the afternoon, but the decline can only be determined by the final result.
Considering that the US financial market had ended when the news was announced, although the foreign exchange and futures markets were still trading, Fu Zhengyi also denied the suggestion of going back to the room to check it out and took Ke Yayuan and Ran Ying to the restaurant to prepare for a meal.
Liu Meijia, who came home to rest after get off work, only learned about this after receiving a call from the head of the policy analysis department. She hurriedly turned on the TV and turned on the computer. After confirming that the explosive news was true, she picked up the phone and dialed Fu Zhengyi's number.
But the phone was not able to be connected immediately.
Because the old Tony of New York Fund Company, who is far more sensitive to information than her, and Guo Jianmin of London Fund Company, picked up the phone and dialed it to Fu Zhengyi as soon as he heard the news.
As for a government breach of contract, although the probability of occurrence is not high, the possibility is not high, and there are not many precedents, the title of the combat nation is absolutely worthy of its name.
"It's really impossible to be able to cheat to such a level..."
The first person to open up Fu Zhengyi's mobile phone was Guo Jianmin from the London Company. His words made Fu Zhengyi, who had just walked into the restaurant and sat down, burst into laughter.
Hearing the hearty laughter on the other end of the phone, Guo Jianmin couldn't help it. "Boss, how could you determine that the Russian market could not participate a few months ago?"
"Please, Russia has produced many industry oligarchs in recent years. Isn't it clear to the West about their birth process?"
Guo Jianmin was stunned. "But the problem is that the birth of these industry oligarchs has no direct connection with this breach of contract!"
"You must be careful when looking at the problem. No clues cannot be left out. Russia's political situation is still in turmoil, and the domestic economic situation is quite bad. So under such circumstances, for Russia, postponing debt repayment is an inevitable means to solve the problem. The fighting nations are unreasonable, especially at such a critical moment that concerns the survival of the entire nation, the fighting nations do not want to use warm means such as negotiation, dispute, and protest! Their methods are simple and rough, and they are very effective..."
Almost confused by Fu Zhengyi's remarks, Guo Jianmin had to admit that this was indeed a good way to "break tricks with strength", so he sighed sincerely. "Boss, your analysis is also simple and rough, I am convinced!"
He smiled and nodded to the waiter who delivered the meal. Fu Zhengyi slowed down and said, "You must not make mistakes at several critical time points, otherwise the situation with the Xiangjiang financial market as the battlefield will be subject to the offense and defense!"
"There will be no problem. I have adjusted my schedule at the beginning of the month, and the company's best traders are also on the verge of high standards. We can definitely make them suffer without disturbing the opponent's market..."
After finishing the call with Guo Jianmin, Fu Zhengyi had no time to put his cell phone on the table, Old Tony, a New York fund company, called in.
However, for the news that was just announced, Old Tony was one level higher than Guo Jianmin. After asking similar questions to Guo Jianmin, he asked whether it was possible to launch an attack on German banks that hold a large number of Russian government bonds and launch an action against Ukraine and Belarus in the foreign exchange market?
"It is inevitable that the local currencies of these countries will depreciate, and German banks holding Russian government bonds can also do it. However, after the news came out, the market had made appropriate responses, and if you immediately break into it, you may not be able to eat the most fat part..."
"Boss, this involves global market response to this incident. Will the IMF put pressure on the Russian government to shorten the deadline or provide economic assistance?"
"No, no, no, this is impossible! Although the Cold War has ended long ago, neither the G7 nor the International Monetary Fund can provide assistance like they did in dealing with the financial crisis of Southeast Asian countries last year. Instead, it will be more vigilant against emerging markets because this incident exposed the 'dangerous moral bubble' and reduce the possibility of intervening and participating in these markets!"
"Ok! I understand what to do!"
Without him conducting in-depth analysis, Old Tony already understood what the big policy was, so after ending this topic, he asked if this news would reverse the financial market in Hong Kong?
"Reversal? No, no, this is impossible! This incident will prompt international hot money to withdraw. Policy risks are the most unpredictable and the most lethal way," said Fu Zhengyi for a moment before he thought about the right reason. "For this side, he took a decisive attack and took off the hat of the 'ATM' placed on the financial market in Xiangjiang. He will surely establish a better international image!"
Even though Fu Zhengyi didn't say it thoroughly, Old Tony already understood, so he smiled and said, "Okay, then let those guys on Wall Street taste the pain in the futures market!"
After hanging up the phone, Fu Zhengyi picked up the knife and fork to prepare for dinner, the ringtone of his cell phone rang again. Seeing that Ke Yayuan couldn't help laughing, Ran Ying even hid her mouth and laughed. He shook his head and then picked up his cell phone.
"Justice! The director of the Long-term Capital Management Company called me and hoped to obtain a short-term loan of $500 million..."
Fu Zhengyi was stunned. "Ah? Did you agree?"
With a smile on his lips, Liu Meijia became dissatisfied and resentful. "What do you think?"
Knowing that she was provoking, Fu Zhengyi was a little depressed. "Then they are dead!"
"But if they can really get some short-term loans, will there be a chance?"
"Impossible! High leverage and monopoly, even if they have the determination to cut off their arm, they will not have a chance to get out..."
Understanding what he was referring to, Liu Meijia was shocked. "That means that if there is no assistance to ltcm, it will be bankrupt?"
"Yes! But logically speaking, the Federal Reserve should not allow LTCM to go bankrupt. I remember the previous statistics show that LTCM uses more than 20 times the financial leverage, and the public information also shows that the financial assets managed by LTCM are as high as 120 billion US dollars. If LTCM goes bankrupt, so many financial assets will inevitably make a big hole in the global financial market. Therefore, although LTCM will soon be insolvent, it will definitely be able to obtain bank funds in the end. The Federal Reserve must ensure that LTCM can continue to exist, otherwise there will be big problems in the US financial market..."
Liu Meijia was a little puzzled. "Why?"
"It shows that we should maintain the stability of the global financial market, and in essence, we should avoid financial turmoil in China!"
Liu Meijia sighed, thought for a moment before continuing to ask. "That means that even if the hole in the ltcm is very big and very serious, it will definitely be injected from bank funds?"
After asking the same question twice in a row, Fu Zhengyi was a little puzzled. "Why, what did you think of?"
"Should Jiamei Bank give a good faith response to LTCM's request for help?"
Fu Zhengyi then understood what she meant. He patted her forehead and explained seriously. "Good will be given, but remember to wait for the Federal Reserve to make a public decision and the major debt banks can enter the implementation stage. Otherwise, it will become the target of public criticism. Otherwise, it will not only not have a positive effect, but will make the Federal Reserve think that the ltcm crisis can be solved by relying on its own recovery ability..."
Fu Zhengyi's repeated remarks made Liu Meijia a little dissatisfied. "Zhengyi! I must be more clear about the risk management of banks than you. As long as the direction does not deviate, I will not do stupid things!"
"Well, you can call yourself a senior banker now, so I won't say much..."
Hearing his helplessness, Liu Meijia hung up the phone and quickly called the director of ltcm, indicating that Jiamei Bank is willing to help ltcm overcome the difficulties. However, Jiamei Bank's funds are also very tight at present, and it takes time to raise funds, and it also needs to be recognized by the relevant departments if it is implemented.
The art of language was played to the extreme by Liu Meijia in this communication. Although the director of ltcm also understood that Jiamei Bank was not willing to help immediately, he still expressed his gratitude again and claimed that he would report to the Federal Reserve on the company's dilemma as soon as possible, so as to strive to obtain understanding from all parties in debt as soon as possible and obtain funds to maintain the company's continued operations.
After completing the fooling of the director of ltcm, Liu Meijia happily walked around the room several times before she sat down again and picked up the phone, dialed it to the head of the public relations department and asked him to make an analysis report overnight, which was about how disastrous the impact of ltcm once bankruptcy would have on the global financial market.
"I will definitely not be able to complete such an analysis report alone..."
"Then call all the employees of your office! This report will play a decisive role in the development of Jiamei Bank. If you take it out one minute earlier, you will get more market praise and affirmation than your peers! If you think you need it, I will also rush over now!"
Liu Meijia's firm attitude made all the employees of Jiamei Bank's public relations department busy. The head of the department who first arrived at the headquarters looked at the night view that was still brightly lit. He couldn't help but smile and shook his head, thinking that he was destined to be sleepless today...
Chapter completed!