Rebirth of the American Tyrant - Chapter 1679: Something big
William White can’t control the life and death of U.S. Online. In fact, he is completely out of mind now. The overnight lending rate that suddenly soars more than ten times, reminds him of the Hong Kong paper defense war a few years ago.
In layman’s terms, the interest rate at which banks borrow funds from each other for a period of one day is called the overnight lending rate.
Many other interest rates are directly or indirectly affected by changes in inter-bank lending rates, and even the international impact of their changes is very severe, such as the U.S. federal funds rate and the famous LIBOR, so inter-bank lending rates can usually be used as a country’s interest rate market. An important reference for the degree of chemistry. Generally speaking, if liquidity is strong, interest rates are low, and if liquidity is poor, interest rates are high.
To put it simply, I will lend you the interest rate that will be paid back tomorrow.
This is mainly for liquidity problems, which can speed up the flow of funds and deal with payment problems. The increase in the overnight lending rate will slow down the flow of funds.
Overnight borrowing interest is generally a short-term borrowing behavior caused by the shortage of funds or surplus between banks, that is, those with excess funds borrow funds to those who are short, and those who are short are borrowing funds. The interest paid during the borrowing is the interest rate. This kind of interbank borrowing is generally It has its own time limit, and overnight lending is the shortest, such as 1 day, 7 days, and 1 month.
Due to continued monetary easing, European overnight lending rates are very low, usually not exceeding the high value of 5%. Of course, this does not include some special circumstances, such as the delivery date of Treasury bonds, or the sale date of super large-cap stocks.
This kind of sudden increase in currency demand will affect the borrowing rate to a certain extent. Of course, due to the many sources of funds, even a very important event can affect up to 50 basis points.
The rise will indeed rise, 0.5% is terrible. For some investment banks, the change in this value will directly affect their judgment on future generations.
Soros sent nerves to sniper Hong Kong paper back then, directly exploding this value, close to 30% of the borrowing rate, it can be described as extremely brutal.
Seriously speaking, Xiangjiang’s plate is still too small. If the same incident happened in Europe, it would definitely not be so outrageous. No matter how leveraged you are, it is impossible to leverage the entire market.
However, the incident that just happened told William White that there is nothing impossible in this world.
The first is the sharp drop in gold futures. Although William White has made a profit, it is not right for you to get a 10% discount in less than a week. Originally, I was saying that it might be over a thousand dollars, well, now I have just passed five hundred dollars per ounce, and I will get a 10% discount.
Once and again, okay, both the long and short sides have all liquidated, this kind of brutal manipulating method, it makes people cold all over the body.
Fuck, this Nima is not my pot!
William White is very painful, he even plans to buy spot gold. Therefore, even though he had guessed that there would be fluctuations, he did not expect this to be the case.
“I know about Philson, continue to increase the acquisition effort, damn, who is he who yells at me.”
Well, there are a few black lines floating on Felson’s head. He won’t care about how many people are liquidated. If you have the courage to participate in the market, you must have the courage to take the risk of liquidation. If you can’t even admit defeat and leave, it’s really not suitable for participating in the market.
Of course, if this is the case, he doesn’t need to rush to find him in a hurry.
“No, boss, the overnight lending in Europe has suddenly soared by 300%. The current trend is still unstoppable.”
“Fuck, where did the money go?” After so many years of frustration, William White is no longer a financial novice. If the rate of borrowing is rising sharply in the euro, well, this can only doubt whether Soros is ill again.
A large amount of euros were borrowed and then sold, and the European Central Bank was unwilling to see the euro’s exchange rate collapse. In this way, the euro’s overnight lending surge is possible.
But this is obviously not the case at the moment. What is skyrocketing is the overnight lending of US dollars, which means that US dollars have suddenly become scarce in the European banking system.
“According to the information sent back by the White Bank, money from all over the world is pouring to the United States.”
“Ahem,” William White choked. This answer was really surprising. But when you go back to the U.S., you go back to the U.S., so you can’t borrow from the U.S. Bank. To be honest, for investment banks, there is really no concept of a country.
“Then, where did the money go?” Seeing Philson shaking his head blankly, William White seemed to think of something.
Seeing the boss’s stunned expression, Philson knew, or the boss guessed something. And the reason for this kind of speculation is often not on the table.
It’s just not this time. If you don’t say anything, boss, I know how to do it later?
“Huh, Felson, tell you a story. It’s not necessary to hide something, it’s just that this matter is too twisty and bizarre, and normal thinking and logic can’t explain it at all.
And this is not the worst, the worst is that because of this thing, because of the money, many, many people have died.
Now it seems that there may be more deaths. There is a protagonist in this story, who is in jail for tax evasion and tax evasion of 10,000 dollars, and this time, perhaps he and Peanutton have a tacit understanding. This person’s name is Leo Wan. tower……”
After listening to William White’s novel, Philson finally understood the boss’s entanglement. Fuck, you are sure that this is not a script, in his opinion, if this thing can be put on the big screen.
Well, this item is obviously thinking too much. Look at the whereabouts of the funds and the specific dealers. Who really dares to shoot something.
Take a look at the clone island, and then take a look at the Passion of the Christ. What good is it for you to shoot well? If you can’t teach you how to be a human being, you really don’t know who is in charge of this world.
“Boss, how to deal with this matter, if it is exactly what you said, it must not be a big fan.”
“Ha, what else? Pretend not to know. The borrowing rate will not keep rising. The United States wants to beat Europe, and the Federal Reserve Bank of Rice just wants to beat the banks. The tables are all set up, how can we not cooperate.”
Or, they don’t mind banging on White Bank. “William White is very clear. At this point, either you choose to compromise and the chaebol headed by Goldman Sachs and Morgan Stanley injects assets. Or you choose to die, even if you are run on, you will not compromise.
After the bubble crisis, Japan’s brokerage firms collectively died. Since then, the financial initiative has changed hands. Even if they plan to compete with the Americans in the future, they will not have the conditions anymore.
And this time, the Leovanta incident is, in the final analysis, a magical revision of the Japanese bubble crisis. I knew that this thing was said to be the second Marshall plan in later generations, think about it, what kind of **** is this! The latest chapter address of the reborn American Tyrant: https://www.readwn.com/book/105235.htmlRead the full text of the reborn American Tyrant: https://www.readwn.com/read/105235/Rebirth of the American Tyrant txt download address: https://www.readwn.com/down/105235.htmlRebirth of the American local tyrant mobile phone reading: https://m.readwn.com/read/105235/In order to facilitate the next reading, you can click “Favorites” below to record the reading record of this time (Chapter 1679 something big happened), and you can open the bookshelf next time see! If you like “Rebirth of the American Tyrant”, please recommend this book to your friends (QQ, blog, WeChat, etc.), Thank you for your support! ! (www.readwn.com)