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Free Web Novel,Novel online - All in oicq.net -> Romance -> super energy power Text Chapter 635: A sudden turn of events
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- Hideto Hirano was exhausted. The continuous trading operations for many hours seemed to have drained his energy. In addition, there was also unbearable pressure in his heart.
Although many traders have sided with Sumitomo Corporation due to customer requests, everyone knows very well that what these people are doing now is just hedging, and financial companies are like widows who can only trade overnight. Financial companies that cannot do overnight transactions are particularly particular about small businesses. You have not seen the lending rates between banks and financial institutions. One is for overnight transactions, and the other is for non-overnight transactions.
It stands to reason that with so many traders taking heed, oil prices should always rise. However, Hideto Hirano waited and waited, and waited, and his fingers were cramping, but he still did not get the signal of a rebound in oil prices. , he naturally understood, which showed that Pan Asia Fund not only did not close or open positions, but also continued to sell short.
"What exactly gave Pan Asia confidence?" Hideto Hirano wanted to think about this question when he had time, but what he thought more about was "let's end it quickly."
After this farce is over, he will be given plenty of time to ask for instructions from the summit tomorrow morning. In this way, although he will have to bear the responsibility, he will not bear everyone's responsibility like he does now.
¡°I¡¯ll probably be transferred overseas.¡± Hidetomo Hirano thought mockingly: Maybe he¡¯ll be transferred to a nice place, such as Europe or Singapore. Anyway, I¡¯ve shouldered a responsibility that I don¡¯t have to bear myself.
"Sell! Sell!" the vulture shouted again with its disgusting cry.
Hirano Hidetomo looked around and saw that there were finally a few takeovers, so he felt a little more at ease. It's not like noon now, when it's full of short sellers, hoping to make money by following the trend, and in fact, those guys are following the trend around $17. They all made a lot of money. Those who followed the trend didn't make much, but they didn't lose either.
At that time, Hirano Hidetomo was almost at his most desperate. Even thinking about it after a few hours, Hideto Hirano still shudders.
Fortunately, the price has stabilized.
Hirano Hideto stood in the pool, had a little free time, and took the opportunity to look around.
The exchange is like a colonial bazaar. Although expensive things were sold inside, the buyers and sellers were roaring and dancing like barbarians. Everyone's face was distorted, and some might appear calm on the surface. But as long as you observe carefully, you can detect the madness in the corner of the other person's eyes.
Milton, nicknamed the Vulture, is even more crazy among the crazy. He was originally a proprietary trader at a medium-sized Dutch bank. That is, traders who use the difference between bank deposits and loans to do arbitrage. The scale of the transaction was small and the trading methods were simple. However, he was unwilling to follow the rules, which caused tens of millions of dollars in losses to the bank Fortunately, he did not lose his license, so he became an execution trader working for clients. , but in terms of character, such a scene. But it was what Milton had dreamed of.
I saw Milton taking the initiative to sell crude oil for a while, and then getting in front of other traders to sell crude oil contracts. He was very busy, with his sonorous and powerful gestures, his serious eyes and he looked outside from time to time.
Hirano Hidechi followed Milton¡¯s eyes and his pupils shrank sharply.
¡°Su Cheng¡ªis this guy here to show off his power?¡± Hidetomo Hirano wanted to throw his eyeballs out and hit the Chinese man¡¯s head.
At this time, Su Cheng was wearing a tough suit, with a tie tied around his neck in a serious manner, with focused eyes and a straight nose. Anyone who looked at him would think he was a successful person from the Financial City.
Shigeru Nishioka also noticed Su Cheng, ran down from the second floor, and said to Hideto Hirano who was walking to the side: "Sir Ito, please pay attention to the market fluctuations."
He didn¡¯t mention Mr. Ito in detail, and Hideto Hirano didn¡¯t care either.
"You mean Su City? He's here to experience it, right?" Hidetomo Hirano said almost to himself.
Not knowing whether he heard it clearly or not, Nishioka Shigeru handed over the words and went to the side to stay there.
Hirano Hidechi looked at Su Cheng, always feeling something was wrong, but he couldn't tell what was wrong.
When it comes to experiencing life, most cautious people will choose to close the contract they hold before experiencing it. Pan Asia Fund is a real heavy holding. Even if you want to get out now, it cannot be done in a few hours. Su Cheng came to the trading Sitting leisurely by the pool is not a good choice.
Of course, there are people who do this, but they are different from Su Cheng, whom Hidetomo Hirano has specifically learned about.
But to say that he was not just wandering around, Hidetoshi Hirano couldn't think of a reason why.
In this kind of market trading pool, except for the excitement of big rises and big falls, the rest of the time is just a tepid excitement. It is not impossible to see the door from the outside.But at least it takes twenty or thirty years of practice.
No matter how you look at it, Su Cheng doesn¡¯t look like someone who knows a lot about it.
Thinking of this, Hidetoshi Hirano returned his gaze to the trading pool and continued his semi-mechanized work.
The existence of Su Cheng has become irrelevant.
A few minutes later, Hirano Hidetomo's electronic screen vibrated. He naturally picked it up and took a look. He saw it written in English: There are reports that OPEC's crude oil reduction plan has been shelved.
Hirano Hidetomo¡¯s brows suddenly knitted together, thinking: There¡¯s so much bad news today.
Financial media report on OPEC news every day. Some of them will have an effect, while others may not. And it is not easy to have immediate effects. Otherwise, you can make money by bribing the editors and reporters of one or two major newspapers. With tens of millions of dollars, there will always be advanced scammers who can't help it.
However, in this case, there is nothing wrong with taking a pause. Hirano Hidechi leaned towards the edge of the trading pool, preparing to get more specific information from the newspaper deliveryman.
After struggling to squeeze to the edge of the trading pool, Hideto Hirano first gasped for breath, and then found three newspaper delivery men in front of him.
"Has there been a change?" Hidetomo Hirano was looking for a familiar newspaper delivery boy.
A European stretched out his hand from behind and said contemptuously: "You are giving me news."
¡°You guys are also very informed.¡± Hidetomo Hirano said with a smile. He was prepared to stay in the trading pool for a long time, if he was not assigned. Therefore, just like what he did in Japanese companies, he first established a good relationship with his seniors.
The European glanced at him and said nothing more.
The other party turned around and walked away, and the newspaper delivery boy from Sumitomo Corporation also handed the thing to Hideto Hirano with a solemn face.
He looked a little surprised. The first thing I saw was the Japanese registration.
""Nihon Keizai Shimbun"?" This is a big newspaper. Hirano Hidetomo asked strangely: "What do you mean, why is it a Japanese newspaper?
"It's a newspaper that has just been released. We also asked the Ministry of International Trade and Industry and the Ministry of Foreign Affairs. We confirmed foreign news. OPEC has most likely given up on reducing production capacity. Their negotiations are not going well. The reporter also found it." Communication with the trading pool Very time-consuming. The newspaper delivery boy also spoke quickly.
Hirano Hidechi couldn't help but look at Su Cheng. The man in a light-colored suit stood there seemingly unaware, with no expression on his face.
"It shouldn't be him, no matter what. This is also OPEC." Hideto Hirano nodded vigorously and said: "I will observe it."
OPEC¡¯s reduction plan is not new, but news that has emerged since the beginning of the year. OPEC ministers meeting a few months ago. It has been placed in a formal bill and is waiting to be voted on. At that time, the price of the crude oil market increased.
It can be said that the crude oil price can exceed 18 US dollars, which is somewhat due to this plan.
The reasons for reducing production capacity are also valid. Crude oil production in Iraq and Kuwait has resumed, and U.S. economic indicators have failed to meet expectations. As a result, supply exceeds demand in the world crude oil market
With such an agenda, it is not easy to put it forward, and it is even harder to put it down.
"It's not the official conclusion of OPEC after all." Hidetomo Hirano returned to his position with this thought. He did not make any more transactions, but looked around uneasily. Sumitomo Corporation, like Pan-Asia Fund, has made heavy positions, which cannot be withdrawn immediately, especially in such a manual bidding trading pool. The big shorts roar to close their positions, and everyone else does not immediately become long. Then he excitedly took out a knife to cut the meat?
He is observing others, and others are observing him.
Before the situation became unclear, only some fishermen entered the lively trading, while more people stopped what they were doing.
The price of crude oil fell slightly, but it was only 10 cents, which did not have a big effect.
But at the same time, the office of Pan Asia Foundation was already filled with joy.
10 cents is nothing for crude oil futures trading with 15 times leverage, but it is great for spread trading with 300 to 500 times leverage.
Since the London Exchange is more susceptible to the impact of international transactions, and the crude oil price on the New York Exchange depends more on the performance of domestic supply and demand, OPEC's decision will first affect the oil price on the London International Crude Oil Exchange.
And with the current low level of the New York Stock Exchange, it is unlikely that it will drop further.
¡°As profits are raised, the size of CFD contracts must gradually shrink.¡± Su Cheng also knows the risks of hundreds of times leverage and will not continue to do it like shorting crude oil.
Pan Asia¡¯s capital pool increases, Milton¡¯s sideNaturally, morale increased greatly, and crude oil was sold continuously for a while.
With his efforts, the price of crude oil also slowly dropped until it approached the $16 mark.
"This guy" Hidechi Hirano gritted his teeth and stared at the quotation, taking out the electronic screen to check it from time to time.
There are more and more rumors.
With the emergence of OPEC, will Sumitomo Corporation continue to follow up? The losses are increasing.
However, if Sumitomo Corporation does not follow up and oil prices plummet, the losses will be difficult to recover.
¡°If a large amount of funds can be used to forcefully raise the price of the August crude oil contract, this dilemma may be solved.¡± Hidetomo Hirano was startled by his own idea, but the more he thought about it, the more feasible it became.
With the strength of Sumitomo and Ito Trading Co., if they go all out, not to mention controlling the market, they can still reverse the situation. Even if the two trading houses have reservations, it is still possible to find allies in this market.
Hirano Hidetomo secretly thought that Pan Asia Fund and many financial companies have invested a lot of money at the price of 16 US dollars. As long as they forget the losses caused by 18 US dollars and use 16 US dollars as a starting point, maybe they can really cause a short squeeze.
"Short selling must be repaid. If the contract price rises step by step, as the delivery date approaches, the short seller will have to pay a high price to close the position and admit the loss, no matter how unwilling it is.
It¡¯s just that the funds that need to be mobilized are too much.
With no way to go, Hideto Hirano came to the trading pool again and called Shigeru Nishioka.
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