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Chapter 42: Sterling Speculation Again

The next day, Zhou Ming and Caitlin got up early, and the students in the finance class and Joe Ross got up very early, after all, they still have to teach the British a lesson today.

After all, what they are going to do is a financial speculation activity, which is not as simple as the online joke that satirizes the appreciation of currency. Just transfer money to the UK and then transfer it out. Because the matter is not a script, if you transfer money to the UK, the pound exchange rate will rise, and if you transfer it away, the pound exchange rate will fall. If you can carry out speculation activities so simply, there will be no speculation masters, and everyone can speculate.

This time, Zhou Ming and his friends need to take advantage of the changes in the pound exchange rate, and constantly transfer money to the UK through operations. After the time is almost the same, they will try their best to buy the pound, creating the illusion of the strong pound and push the pound exchange rate to rise. But in fact, when the pound exchange rate really starts to rise, it is actually time to sell the pound quietly and transfer funds.

Only in this way is the standard operation for dealers. If you just invest money in one go without doing anything, it would be as stupid as holding a huge sum of tens of millions of dollars but simply putting it in the bank to eat interest.

Zhou Ming, who is determined to become a wealthy family in the world, obviously would not do such a stupid thing, so he has already asked the students in the finance class and Joros to prepare for this since yesterday.

When Zhou Ming came to the office of Triumph Building in the morning, he saw all the students from the finance class sitting neatly in front of the computer. Zhou Ming knew that these guys had been holding on since they arrived in France and wanted to perform well in front of him, but they were arrested and put in the police station as soon as they left the airport, which made them even more depressed.

In this regard, they all think it was the trouble they brought to themselves, so now that they finally have the opportunity to perform, they must do their best.

Seeing that they were all so serious, Zhou Ming did not bother them and walked to Joros and asked, "How is the situation now?"

"It is waiting for the opening of the financial market in London," Joros replied, "but it has been very beneficial to us to keep the pound in a slight recovery due to the Bank of England's policies in the past week."

"They have no choice. After all, the pound has just experienced a large-scale decline. As the Bank of England, the Bank of England must introduce policies to stabilize the exchange rate, but they didn't expect that we would kill one and come back!" Zhou Ming said, "But this is their own problem. If they don't mess with me, I'm not interested in doing this. After all, sustainable development is my goal. It's always bad to always stare at a sheep and fleece."

Caitlin and Joe Ross were both confused about Zhou Ming's words. Obviously, it was very difficult for them to understand classic quotes from later Chinese people who did not understand the memes, and in the end they could only attribute it to cultural differences.

It was soon 8:30 in the morning of British time. At this time, the futures trading in the UK did not begin. However, in order to lay the groundwork for the market, Zhou Ming had already instructed the students in the financial class to start remitting money to their British accounts and began to exchange pounds on a small scale through other markets.

In addition, Zhou Ming also called the French president according to his agreement with Jacquel, so that he and his friends could also participate in the sack against the British pound. Of course, Jacquel was very happy to accept this kind of work of making money while lying down, let alone domestic ones.

(This chapter is not finished, please turn the page) There are also a large number of capitalists and the Jesus who have been thinking about cutting pieces of meat from Britain all day long.

As time passed, when the British futures market opened, the pound immediately responded, rising by 0.5 percentage points from yesterday's closing price, which seemed insignificant, but if it was enlarged to the entire market, it would be an amazing number.

Simply put, if Zhou Ming and his French friends invested a total of one billion pounds, then they would immediately make five million after the opening.

Upon learning this result, Zhou Ming smiled: "It seems that the British have indeed put a lot of effort into stabilizing the pound to return to the original exchange rate. Otherwise, with our actions, there would not be such a big change. But I am a little confused about why the British must support the pound exchange rate so high? If it can be lowered, it can also stimulate commodity exports and drive economic growth."

"Firstly, it was because the UK had the highest gold content, and later because the UK had the strongest financial strength. Now, the UK cannot save its face. Or with the development of finance, even if he wants to lower the exchange rate of the pound, it is not that simple. If he is aimlessly mobilized, it may also cause a domestic financial crisis."

Caitlin explained to Zhou Ming, and then she asked with some concern: "But Zhou Ming, I also believe that the UK must have done a lot to get the exchange rate back to the original number, but it will not be like this. Will they doubt this sudden increase in exchange rate? Although the increase is very small now, I believe it will definitely be much higher than the Bank of England expected."

Zhou Mingen said, looked up at Joros and asked, "What do you think here?"

"My opinion is the same as Ms. Caitlyn, and I think the UK will definitely check it," said Joros.

If Zhou Ming didn't ask Joe Ross, he would not intend to speak, because Caitlin is still here. Through the previous events, the cooperation between Joe Ross and Caitlin, he has been impressed by Caitlin's genius financial intelligence, so Caitlin's analysis is enough. Of course, the most important thing here is the identity of Caitlin and Zhou Ming, and it is right for Joe Ross to give up his voice.

Joros said to him again: "From my understanding of the Bank of England, those proud bastards are generally confident in their calculations. Once there is a situation that deviates too much from expectations, they will definitely check it. Our operation methods are not hidden. Once they are investigated, they will definitely be found."

Zhou Ming only thought about it for a while and made a decision: "Since that's the case, let's shorten the time and let the students speed up the progress."

With Zhou Ming's order, all the students in the financial class immediately started to drive full power. They kept using various dazzling operation methods to buy pounds through various channels.

Of course, Zhou Ming did not forget to call Jacquel. Although Zhou Ming could not fully trust the President, as an ally, Zhou Ming was still very loyal and prepared for Mexico in the future. If you lose your credit on this, it would be the most unworthy thing.

So under Zhou Ming's arrangement, countless funds were transferred to the UK from all over the world. Supported by these foreign exchanges, the exchange rate of the pound rose steadily. At three o'clock in the afternoon, the exchange rate of the pound against the German Mark rose from 26 at the opening to 28, an increase of 77 percentage points.

This is undoubtedly

(This chapter is not finished, please turn the page) This is the first time that the pound has seen such growth since Zhou Ming and Joros shorted the pound on a large scale not long ago.

Regarding this situation, the interpretation of various financial media is naturally due to the adjustment of the Bank of England's policies.

In the Triumph Building, Zhou Ming sat on the sofa in his office, holding a radio in his hand, and financial news was playing: "Yesterday, the Bank of England issued a notice to raise the short-term interest rate to 18%, and today the pound has seen a great increase, which means that the Bank of England's policies have played a role. Using super high bank interest rates, it has attracted international capital to London. With a large amount of foreign exchange support, the pound's exchange rate has naturally increased."

"Although Britain has now withdrawn from the European exchange rate system, this is not bad news for the UK, because Britain originally had the strongest financial power in Europe. Only by losing the shackles of the European system can he exert all his strength. Therefore, we believe that the pound should have a relatively stable growth period in the future..."

Listening to the financial comments on the radio, Zhou Ming smiled: "To be honest, the British are so cooperative this time. When I persuaded the French to rob England together, they actually raised the short-term interest rate again, and increased it to 18 percentage points, perfectly performing this drama."

"So Zhou Ming, are you going to wait a few more days before selling the pound?" Caitlin asked, "because today's media comments are very optimistic about the pound."

"It is because the media is unanimously optimistic that we can prepare to withdraw. After all, the secrets that the whole world knows are not a secret. Similarly, when everyone starts investing in the same project, there is no benefit to the project." Zhou Ming said, "So, according to our original plan, we will sell the pound little by little from today."

Caitlin nodded and fed Zhou Ming a grape, then turned to Joros and said, "Just do what Zhou Ming said, but remember to grasp the changes in the pound exchange rate. If the pound exchange rate continues to be strong, we can appropriately slow down the selling and strive to maximize profits."

"In addition, call the Elysee Palace and let them start throwing away too," said Zhou Ming.

"What if they don't sell, or if they want to wait for the pound to grow higher?" Joros asked.

"Then tell him that if you have any losses or traps, don't just cry and call your mother. Besides, our battlefield is in Mexico, is it enough for a pound?" Zhou Ming said.

"I understand, I believe those French people will definitely listen!" Joros went out to make arrangements after saying that.

When Joros had just left the door, Zhou Ming's cell phone rang, and Caitlin was a little surprised: "The UK won't know so soon, right?"

"This speed is indeed a bit fast, but I think they should just be suspicious."

Zhou Ming said and answered the phone. Sure enough, a familiar voice came from over there: "Hello, Mr. Zhou Ming, I am the Prince of Wales. I called today because I have a very important question to ask you. I hope you can answer me honestly."

Zhou Ming said, and the Prince of Wales said over there: "Today's pound growth is very strong. I want to know if this has anything to do with you, Mr. Zhou Ming?"

It's true!

"Yes, this is what I did," Zhou Ming replied with a smile, but his tone then became cold, "The purpose is to punish you for your untrustworthiness!"

(End of this chapter)
Chapter completed!
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