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Chapter 1884 collapse

Just like Xiao Qi's feeling about 512, whether you want it to come the next day or not, its arrival is still without any suspense.

However, the first person to sound the clarion call was not in the United States, but in Moscow, which was the first to open on the 11th according to time zones.

The stocks of the five giants Gazprom, Rosneft, Lukoil, Surgutneftneft, and TNK-BP plunged as soon as the market opened.

These five major companies, which account for 40% of Russia's Moscow stock exchange market, have all plummeted. How can you expect other stocks to perform?

The index plummeted became the only result!

It exceeded 5% in just two hours, which is simply jaw-dropping!

Next is Germany, a major oil consumer that relies on imports for 98% of its national oil.

Nearly two hours later, at 9:15 a.m. Berlin time in Germany, the moment the call auction started, the stocks of several major German oil companies, including Wells, Delmar, DeBeacon, Merck, etc., also

Immediately I received a huge number of selling requests.

When the stock market officially opened at 9:30, these oil companies plummeted between 10% and 18%, setting their own decline records and dragging Germany's Frankfurt Index to its largest single-day decline in history.

A tough day!

The French stock market, which opened at the same time as Germany, was of course also affected. With the panic plunge of several major oil companies, the Paris cac40 word count plummeted by 3%!

But these three places are not the most important, nor are they the most influential on oil prices!

There are only three exchanges in the world that can affect oil futures prices.

One is the International Petroleum Exchange in London, England.

One is the New York Mercantile Exchange.

The last one is the Crude Oil Exchange in Dubai.

However, the influence of Dubai crude oil is not great, and it is also restricted by the previous two, so usually people only know the London International Petroleum Exchange and the New York Mercantile Exchange.

The same is true today. Dubai time is the same as Russian time, so the price of Dubai crude oil came out in advance. It actually remains unchanged, which shows that the power of human interference is very obvious, and there is no credibility.

The second one out was the London International Petroleum Exchange.

As a bellwether for oil prices, the most active August futures price of North Sea Brent crude oil on the London International Petroleum Exchange plummeted to US$118 per barrel, a full 17% drop from US$142 on the previous trading day.

!

Although the price of North Sea Brent crude oil futures is lower than the price of light sweet crude oil futures on the New York Mercantile Exchange, such a large drop still indicates that today the New York Mercantile Exchange, the world's largest oil futures exchange, will

What kind of shock will come!

The whole world's attention was focused on New York for a while.

But what they never expected was that securities and futures trading in New York originally started at 9:30 in the morning, and people were still waiting to see how the market would open. As a result, the Federal Supreme Court over there took action again.

At 9 a.m. Eastern Time, Supreme Court Justice Ruby Nader issued an order summoning Goldman Sachs, JPMorgan Chase, Morgan Stanley, Citigroup, Merrill Lynch, etc. 28 U.S. investment banks, 35

The heads of several investment fund companies went to the court to make hearings to examine whether these investment banks and fund companies had violated regulations during the period when oil prices soared.

After hearing this news, almost everyone who participated in the oil futures speculation was ashen-faced and did not dare to have any extravagant hope of escaping unscathed.

This is a tendency to beat them to death!

This is also a rhythm that will drive the price of oil directly to the bottom!

Sure enough, twenty minutes later, the New York Mercantile Exchange, the New York Stock Exchange, the Nasdaq Stock Exchange, and the American Stock Exchange opened at the same time, and they also suffered the same fate as other stock markets and futures markets.

.

The three major stock indexes of Nasdaq, Dow Jones, and S&P plummeted by 3%, 2.5%, and 3.7% at the opening, and hundreds of billions of dollars evaporated instantly.

This is not the worst.

The worst thing is still the price of light sweet crude oil futures on the New York Mercantile Exchange. The most actively traded August contract plummeted from US$146.22 on Monday to US$107.29, a plunge of 26.62%, which is far worse than that of London International Petroleum.

Futures are even more tragic.

The most devastating thing is that it’s okay if you drop 26.62% in one day. But it’s only the morning, and although the decline is not a continuous plummet, from the opening to half an hour later, even a slight increase

There is no curve at all, and the price of oil futures has been approaching the psychological mark of 100 US dollars.

“The era of ever-higher oil prices is over!”

Fox News Network used this title as the most distinctive theme of the morning news.

Throughout the whole morning's trading, although the oil price slightly rebounded to 103.38 US dollars per barrel when it was finally suspended, and this price dropped too miserably and unrealistically, it would definitely make up for it and rise some in the afternoon, but no matter who knows, if you want to rush up again,

A high position above 140 is simply a fantasy!

Even if it is 130 US dollars, it is unlikely. Oil prices should have dropped as the economy weakened. Now it has been abnormal for so long. Continuous decline is the correct market reaction!

More professional people think more thoroughly.

Without the crazy hype from Goldman Sachs and Morgan, how could there be any signs of stabilization in oil prices?

If we don’t take this opportunity to sell oil quickly, why don’t we just sit here and wait to die?

But fortunately, fortunately, they are not irrational people. When the big orders are still in the hands of major investment banks and fund companies, they do not rush to sell the oil futures orders in their hands, but slowly have

The orderly closing of positions gives everyone an opportunity to cut their losses and leave the market.

As for those who have lost so much that they can no longer cut their losses and leave the market, there is only one way waiting for them.

In this panic-stricken noon, more than 33 people jumped from high-rise buildings on Wall Street and two adjacent streets in New York City, ending their once glorious lives, leaving only sighs.

Taylor was not interested in these business matters, but Xiao Qi and Tang Mingxiang both read these reports.

The bright and charming girl sighed: "These people look very majestic, but why can't they bear the blow?"

"People who have reached this point are walking on thin ice. Maybe they have to choose this path, otherwise they will have no way to explain." Xiao Qi said lightly.

"But does the U.S. government really need to be so ruthless? No room for it at all?" Tang Mingxiang saw the scene turned to the scene of the Federal Supreme Court. "Although the people on Wall Street are hateful, I don't know how many people there are in such a powerful storm."

People are affected by the disaster. If it weren't for you, those oil companies in China would probably be crying too!"

"If this group of greedy Wall Street financial giants is not stopped, and if the price of oil does not drop, the number of people affected will be at least dozens of times as many as now!" Xiao Qi explained calmly: "You just see them suffering now.

, have you never thought of how many evil things they have done before? I dare not say that all the evil in the world is on Wall Street, but without Wall Street, the financial evil in the world would be reduced by at least 80%."

After a pause, Xiao Qi continued: "When a financial group wants to kidnap the entire country, that's when they will be destroyed! No matter they are politicians or conspirators, it is impossible to tolerate a group representing

A country makes its voice heard. Wall Street thinks too highly of itself, so the truly powerful people in the United States must let them know clearly who is the one giving orders in this country!"

"Isn't it said that Goldman Sachs has many lackeys in the US Congress? Are they still beating their own people?" Tang Mingxiang still didn't understand.

"When the interests are consistent, they may seem to be consistent. But when there is a conflict between the two, you will know who is the real power behind it." Xiao Qi said with a smile, "Don't talk about anything else, just talk about it.

Why didn’t this US$700 billion bailout plan succeed? Doesn’t it prove that Wall Street is not as strong as imagined?”

Through this practical example, Tang Mingxiang clicked on Fenzhen and finally understood, "So in the future, will Wall Street be strictly monitored and never recover?"

"This is impossible." Xiao Qi shook his head, "Most of the time, Wall Street represents the interests of the United States. When the United States feels that someone poses a threat to them, then these evil wolves on Wall Street will appear again

He was released to serve as the vanguard of America's bullying of others."

He didn't mention it to Tang Mingxiang. In fact, almost a year later, Wall Street took another vicious move.

Do you dare to say that the sovereign debt crisis sweeping Europe was not pushed hard by Wall Street when they were on the verge of collapse?

This has directly pushed the European economy back ten years, making the efforts of the Eurozone over the past ten years essentially in vain.

Europe's good wish to challenge the United States as a whole has also come to nothing. In the next few decades, they will still be the younger brothers of the United States.

Although Xiao Qi's memory of reincarnation only lasted until the end of 2013, Xiao Qi saw it very clearly.

After Wall Street attacks the EU, the next target will definitely be China.

Whether it's oil or steel, bulk commodity purchases, or grain trade, Wall Street will definitely deal with China ruthlessly.

Letting Chinese people use the world's most expensive oil, the most expensive iron ore, and buy the most expensive wheat, rice, corn, etc. These are all Wall Street's methods of weakening China's strength.

Xiao Qi didn't know whether he could turn things around on his own.

But what he knows is that if he doesn't have strong strength, he won't even be qualified to participate, let alone change these things!
Chapter completed!
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