Chapter 1309 Canadian Financial Dynamite Barrel

The latest website: Canada Toronto 300 Index, which was compiled in January 1977, consists of 300 stocks with the largest trading volume.

As of the latest statistics, the 300 stocks include 27 financial services companies, 52 metals, mining and gold companies, 60 oil and gas companies, 15 utility companies, 39 industrial products companies, and consumer goods manufacturers. There are 21 companies, 13 transportation companies and pipeline transportation companies, 13 mixed joint companies, 26 commodity trading companies, and 34 other types of companies.

Since the establishment of the Toronto 300 Index in 1977, the Canadian stock market has gone through a long bull market, starting from around 1,000 points at the very beginning. Has rushed to the top and bottom of 2300 points.

In seven years, it has more than doubled!

And from 1980 to the present, it has risen almost in a straight line.

The high unemployment rate has not had an impact on the Canadian stock market. More people believe that the Canadian stock market will be more prosperous, and funds have been invested in the Canadian stock market, boosting the prosperity of the stock market.

In addition, since 1982, the Canadian government suspended the money supply control indicator and allowed the domestic interest rate to fluctuate in tandem with the US interest rate or higher than that of the US, which accelerated the inflow of foreign capital into Canada and further stimulated the prosperity of the Canadian stock market.

In terms of the exchange rate, the Canadian dollar has been weak from 1980 to 1982, but in the second half of 1982, with the adjustment of Canada's policy interest rate, large-scale foreign capital flowed into Canada, which continuously pushed up the exchange rate of the Canadian dollar.

When entering 1984, benefiting from Canada's strong stock market and artificial manipulation, the Canadian dollar exchange rate rose again, as of March, the highest point reached 0.8285.

The rise of the Canadian dollar exchange rate naturally makes the strength of the bulls soar, and the willingness of capital to do more is stronger.

As for the Canadian bond market, due to the "seesaw effect", the stock market has been rising for a long time, and the bond market has been trending for a long time.

In this case, Xia Yu's multi-party funds have been pouring into Canada, especially in the Canadian bond market and bond futures, and they have been continuously buying.

Of course, more funds are still sitting vacant, loitering on the doorstep of Canada.

This is not to say that Xia Yu has no action in the stock and foreign exchange markets.

For the stock and foreign exchange markets,

Xia Yu is the short side.

However, Xia Yu is not just shorting for profit. He also intends to buy the bottom in the later stage, so part of his funds will naturally enter Canada, which will further push up the exchange rate of the Canadian dollar.

Compared with letting large-scale funds enter Canada and pushing up the exchange rate later, Xia Yu of course chose to enter in the early stage. Although there will be losses when the Canadian dollar exchange rate is hit later, he is completely sure to hedge the losses.

Xia Yu can certainly understand which one is more important, whether it is to simply blow up the Canadian dollar exchange rate to make a fortune, or to harvest the company's assets in Canada.

However, as time entered April, the atmosphere in Canada's financial markets gradually became strange.

The capital power of shorting the Canadian foreign exchange market and the stock market is gradually increasing, and the cake on these two casinos is getting bigger and bigger.

Although the risk has also increased sharply, the most fearless thing for capital is the risk. The bulls and the bears are still raising their bets, and either party firmly believes that they will win!

The major banks and brokerages in Canada are all bulls.

The main short sellers are Continental Bank of Illinois, CNA Financial Corporation, First National Bank of Chicago, Northern Trust Company, Harris Trust and Savings Bank, etc., most of which are financial companies of the Chicago consortium.

It can be said that the financial company of the Chicago consortium is the biggest banner among the bears.

The big betting market with the storm attracts hot money from all over the world, including Europe, island countries, the Middle East and Australia, and then they stand in line.

No one knows when this explosive barrel will be ignited. Everyone is waiting with anticipation and anxiety, filling...

At this time, Xia Yu was not in a hurry at all, he still had the mind to do other things.

He first completed the establishment of the Yanhuang Association and the Blue Star Association, and then studied the financial markets of European countries.

And when George Berkeley reported to him that the United Kingdom introduced the Telecommunications Act, to privatize British Telecom, and sell 50.2% of the shares to the public and company employees, let George Berkeley join the equity competition, and then He gave instructions for action on the West German and Austrian stock markets.

Bright Fund entered West Germany long ago, and in 1981, when the West German stock index went up and down around 500 points, it went to buy bottoms.

Sure enough, between 1982 and the first half of 1983, the West German stock market ushered in a surge, reaching a height of 800 points, and then stabilized for more than half a year.

This time, Xia Yu determined that the West German stock market will skyrocket again. The West German stock index is expected to double, and it is expected to reach 1600 points, so let the Bright Fund make another heavy bet before the bull market rises.

On the West German side, there is a branch in charge of the reverse, while on the Austrian side, George Berkeley can only execute it himself.

...

Austria's stock exchange market, although it is now a dead market, only open for a few hours a week, the entire market has less than 30 stocks and less than 20 members, but it has an extremely glorious history.

Before the First World War, the Austro-Hungarian Empire had not yet disintegrated. As the stock exchange market of the Austro-Hungarian Empire, the Austrian Stock Exchange was the largest exchange in Central Europe and had the largest market share at that time, just like New York and Tokyo today.

It’s a pity that flowers never bloom. With the disintegration of the Austro-Hungarian Empire, Austria is now only a small country in Central Europe, with a land area of ​​only over 80,000 square kilometers and a population of 7.56 million.

In terms of GDP, it was US$72.121 billion in 1983, 1.57 times that of Hong Kong.

Of course, given Austria's population and gross national product, the financial market should not have developed like this.

Especially in February 1984, the Austrian stock market, with less than 30 stocks, was even worse. The stock market fell to half of what it was in 1961.

The hearts of very few investors who still have the heart to speculate in stocks are cold.

The Austrian government is in a hurry, but there is nothing they can do.

It was under such circumstances that George Berkeley, a European financial giant, came to Austria and held a normal networking reception. The invited members were only local rich people in Austria.

With the end of the reception, the news of George Berkeley's arrival naturally spread throughout the upper class of Austria.

Troy Walpole, the current chairman of the Austrian Stock Exchange, was moved and went straight to visit his boss, Ulysses Myron, the Austrian Deputy Minister of Finance and Director of the Financial Markets Authority.

PS: The information is too difficult to check, vomiting blood