Chapter 1884 Crash
Just like how Xiao Qi felt about 512, whether you want it to come or not the next day, its arrival is still the same without any suspense.
However, the first to sound the horn was not in the United States, but in Moscow, which opened first on the 11th, according to the time zone.
The stocks of the five giants, Gazprom, Rosneft, Lukoil, Surgutneft, and Tyumen bp, fell sharply as soon as the market opened.
With these five companies, which account for 40% of Russia's Moscow stock exchange, plummeting, what else can you expect from other stocks?
The plunge of the index became the only result!
Over 5% in just two hours, it's jaw-dropping!
Next is Germany, a major oil-consuming country that relies on imports for 98% of its oil.
Nearly two hours later, at 9:15 in the morning in Berlin, Germany, the moment the call auction started, the stocks of several major oil companies in Germany, including Wells, Delmar, Deppelcon, Merck, etc., also Received a large number of selling applications in the first place.
=Top=Point=Fiction And when the stock market officially opened at 9:30, these oil companies plummeted between 10% and 18%, setting their own falling records, and dragging the German Frankfurt index abruptly. The worst single-day drop ever!
The French stock market, which opened together with Germany, was of course also affected. With the panicked plunge of several major oil companies, the number of CAC40 words in Paris plummeted by 3%!
But none of these three places is the most important, nor is it the one that can most affect oil prices!
There are only three exchanges in the world that can influence the price of oil futures.
One is the International Petroleum Exchange in London, UK.
One is the New York Mercantile Exchange.
The last one is the Crude Oil Exchange in Dubai.
However, Dubai crude oil has little influence and is also restricted by the previous two, so people usually only know the London International Petroleum Exchange and the New York Mercantile Exchange.
Today is the same, Dubai time is the same as Russia time, so the price of Dubai crude oil comes out ahead of schedule. It is actually maintained unchanged, and it seems that the power of human interference is very obvious, and there is no credibility.
The second came out of the London International Petroleum Exchange.
As a weather vane 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 in the previous trading day !
Although the price of North Sea Brent crude oil futures is lower than that of light sweet crude oil futures on the New York Mercantile Exchange. But such a large drop still indicates what kind of shocks the world's largest oil futures exchange, the New York Mercantile Exchange, will usher in today!
All eyes of the world were on New York for a moment.
But what I never expected was that the securities and futures trading in New York originally started at 9:30 in the morning, and people were still waiting to see the opening of the market. As a result, the Federal Supreme Court over there took action again.
At 9 a.m. EST, Supreme Court Justice Ruby Nader issued an order calling Goldman Sachs, JPMorgan Chase, Morgan Stanley, Citigroup, Merrill Lynch, etc. 28 investment banks in the United States, 35 The person in charge of the investment fund company went to the court to make a hearing statement. To examine whether these investment banks and fund companies have violated regulations during the period when oil prices soared.
Hearing this news, almost all the people involved in the oil futures speculation were ashen-faced, and they dared not have the extravagant hope of getting out completely.
This is the tendency to beat them to death!
This is also the rhythm of going straight to the bottom of the oil price!
Sure enough, twenty minutes later, the New York Mercantile Exchange, the New York Stock Exchange, the Nasdaq Stock Exchange, and the American Stock Exchange, the three major stock markets, opened at the same time, and at the same time suffered the same fate as other stock markets and futures markets. .
Nasdaq, Dow Jones, and Standard & Poor's three major stock indexes. It plummeted 3%, 2.5%, and 3.7% at the opening, and hundreds of billions of dollars evaporated instantly.
This is not the worst.
Worst of all was light, sweet crude oil futures on the New York Mercantile Exchange. The August contract, the most actively traded, plummeted from $146.22 on Monday to $107.29, a plunge of 26.62%, far more tragic than London International Oil futures.
The most frustrating thing is that it doesn't matter if you drop 26.62% in one day. But now it’s only in the morning. Although the downward trend is not a continuous plunge, from the opening to the past half an hour, there is not even a trace of an upward curve, and the price of oil futures has been approaching 100 US dollars all the way. pass.
"The Era of Rising Oil Prices is Over!"
Fox News uses such headlines. As the brightest theme of the morning news.
Throughout the whole morning trading, although the oil price rose slightly to 103.38 US dollars per barrel when the final suspension, and this price fell too badly and unrealistically, it will definitely recover and rise in the afternoon, but no matter who knows, if you want to rush up A high position above 140 is simply a fantasy!
Even if it is 130 US dollars, it is unlikely. Originally, the price of oil should drop with the weakening of the economy. Now it has been abnormal for so long, and the continuous decline is the correct market reaction!
More professional people think more thoroughly.
Without Goldman Sachs and Morgan's crazy hype, how could the oil price show signs of stabilizing?
If you don't take advantage of this time to sell oil quickly, why don't you just sit here and wait to die?
But fortunately, fortunately, they are not irrational people. When the big orders were still in the hands of major investment banks and fund companies, they did not rush to sell the oil futures orders in their hands, but gradually gained The orderly closing of positions gives everyone a chance to cut their flesh and leave the market.
As for those who have lost so much that they can't cut their flesh and leave, there is only one way waiting for them.
At noon in this panic, on Wall Street and the two adjacent streets in New York, more than 33 people chose to jump off the tall buildings, ending their once glorious life, leaving only a sigh of regret.
Taylor was not interested in these business matters, but Xiao Qi and Tang Mingxiang both read these reports.
The bright and charming girl sighed unconsciously: "These people look very imposing, but why can't they bear the blow so much?"
"People who have come this far are walking on thin ice. Maybe they have to choose this path, otherwise they have no way to explain it." Xiao Qi said lightly.
"But does the U.S. government really need to be so ruthless? Don't give it any leeway?" Tang Mingxiang saw the screen turn to the scene of the Federal Supreme Court. People were affected by the disaster. If it weren't for you, those oil companies in Huaguo would have to cry too!"
"If you don't stop this group of greedy Wall Street financial predators, and if the price of oil doesn't drop, the number of people affected will be at least dozens of times that of what it is now!" Xiao Qi explained calmly: "You just see them suffering now , Didn’t you know how many evil things they have done before? I dare not say that all the crimes in the world are in Wall Street, but without Wall Street, the world’s financial crimes will be reduced by at least 80%.”
After a pause, Xiao Qi continued: "When a financial group wants to kidnap the entire country, that is the time for them to suffer extinction! No matter whether it is a politician or a conspirator, it is impossible to tolerate a group representing A country speaks out. Wall Street thinks too highly of itself, so the real powerful people in the United States must let them know clearly who is the one who calls the shots in this country!"
"Didn't it mean that Goldman Sachs has many lackeys in the US Congress? Could it be that they beat their own people?" Tang Mingxiang still didn't understand.
"When the interests are the same, maybe they seem to be the same. But when the two are in conflict, you will know who is the real power behind it." Xiao Qi laughed, "Don't talk about anything else, just talk about it." Why did the $700 billion aid plan fail this time? 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, "Then will Wall Street be strictly monitored in the future, and will never recover from it?"
"It's 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 is threatening them, then the wolves of Wall Street will once again To be let out 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 made another vicious move.
Do you dare to say that the sovereign debt crisis that swept across Europe was not pushed hard by Wall Street when they were teetering?
This has directly pushed the European economy back ten years, and made the efforts of the euro zone in the past ten years virtually wiped out.
Europe's desire to challenge the United States as a whole has since come to nothing. They will still be the younger brother of the United States in the next few decades.
Although Xiao Qi's memory of reincarnation and rebirth is only at the end of 2013, Xiao Qi can see it very clearly.
After Wall Street attacked the EU, the next target must be China.
Whether it is oil or steel, or the purchase of bulk commodities, or the trade in food, Wall Street will definitely deal with Huaguo severely.
Allowing Chinese people to use the world's most expensive oil, the most expensive iron ore, and the most expensive wheat, rice, and corn are all Wall Street's means of weakening Hua's strength.
Xiao Qi doesn't know whether he can turn things around with his own power.
But what he knows is that if he doesn't have strong strength, he doesn't even have the qualifications to participate, let alone change these things!
Therefore, for teenagers, the most important thing is to do a good job in what is in front of them! (To be continued..)