Chapter 1700

As soon as Feng Yugang returned to Xiangjiang, he saw Fu Guangzheng at the airport.

At a glance at Fu Guangzheng's expression, Feng Yu knew that he didn't come to pick up the plane specially. Something must have happened.

"Feng Yu, the crude oil has fallen!"

In a word, let Feng Yu understand why.

Feng Yu leaned on his seat and asked slowly, "how much did you fall?"

"Yesterday, crude oil rose to $78 / barrel. I thought it would break through $80 today. As a result, it started to fall early today. It all fell to $76, and there was no trend of any rebound."

"Oh."

Fu Guangzheng is in a hurry. What do you mean? We've all lost money on the decline of crude oil. Why don't you worry at all?

This time they didn't hedge at all. Every penny they fell was a big loss. It's down two dollars. How much are you losing.

"Feng Yu, two dollars, two dollars down! Do we do some hedging, or just reverse? "

Feng Yu glanced at Fu Guang and said, "how many times have I told you that a financial person has to respond quickly to some situations, but he is not always in a panic."

"The crude oil has fallen. Why didn't your uncle and your father-in-law call me? Why didn't he Zhaoji call me? Have you thought about these questions? "

Fu Guangzheng was stupefied for a moment: "do you mean that crude oil may rise back?"

"It's not possible, it's certain!" The rise of crude oil has been unstoppable. Although there are some fluctuations, they do not affect the overall situation.

And let alone a drop of two dollars, that is, a drop of twenty dollars. They are not losing money now. It's just a matter of how much profit they make.

Now, delivery can make them earn a little more, but in this way, it will have a serious impact on the price of crude oil, and may stop the rising trend of crude oil, after all, they are leading at this time.

As long as they keep these contracts, they will strengthen the confidence of many investors. If they deliver the contract, the price of crude oil will fall rapidly.

If the crude oil price falls, then the dollar will rise accordingly. Feng Yu and his colleagues will sell the dollar, which will seriously affect the layout of the dollar and make the losses there bigger.

Now the price of crude oil is rising, and Feng Yu knows what it is because the dollar has stopped falling.

The Federal Reserve found that the price of the US dollar kept falling. Although the decline was not large, it had some impact on the economy of the United States.

And they also know that many hot money are selling dollars. If they don't sell any more, if the decline of the dollar can't be stopped, then the position of the dollar will probably be replaced by the very strong euro at that time.

In fact, there have been some international comments that the euro will replace the US dollar. After all, the euro is the common currency of the whole EU, which looks more stable.

And many European countries have long wanted to get rid of the shackles of the dollar and replace the dollar with the euro. They can get great benefits.

During the period when the U.S. dollar fell, the euro kept a very stable exchange rate. Whenever the fluctuation of exchange rate is about to exceed a certain range, it will be forced back.

More and more countries use the euro as a standing foreign exchange reserve, and even many countries reserve more Euro than the US dollar.

This may affect the status of the first foreign exchange of the US dollar, which they absolutely do not allow.

Why do you sell dollars and hoard euros? Isn't it because the exchange rate of the US dollar has fallen that those countries with more reserves have lost.

In their view, the US dollar and the euro have similar anti risk capabilities, and the euro is more stable, of course, to store the euro. This is what China is doing now. It has reduced the reserves of the US dollar and increased the reserves of the euro to reduce the losses caused by the depreciation of the US dollar.

In order to prevent the devaluation of the dollar, the Federal Reserve decided to raise interest rates, that is, to absorb reserves, let more countries and financial institutions store the dollar, and maintain their dollar status.

Cutting interest rates will devalue the dollar, and raising interest rates will naturally make the dollar appreciate.

However, they ignored that the interest rate was already very high at this time. If they continue to raise the interest rate, the subprime crisis will become more serious.

So when the price of crude oil falls, Feng Yu not only doesn't think it's a bad thing, but also thinks it's a big good thing.

"Guangzheng, the Fed raised interest rates again, right? Then the economic situation of the United States will inevitably become more severe. This is good news for us. "

"The worse the U.S. economy is, the more money the U.S. government will have to pay, the less money it will have to stabilize the stock market and other financial markets."

"Think about it. In this way, we can make a lot of money in the stock market of the United States. And they're raising interest rates from the Federal Reserve, which will make the time we expect to come earlier. "

Fu Guangzheng thinks about Feng Yu's words carefully, which seems reasonable.

Their joint investment in finance is not only in crude oil, but also in the stock market of the United States.At that time, Xiangjiang's financial market almost collapsed, which was not the work of the Americans.

Now there's a chance to get revenge, they won't let it go, let alone bring a lot of profits.

"Then we stay still?"

"As long as we don't use higher leverage, then we don't have any risk. There's no need to use those reserves, but it's OK to do some hedging at this time, and it's OK not to do it. "

By hedging, we can reduce the loss of crude oil, but when crude oil rises, the profit will decrease correspondingly, and the cost will increase.

Fu Guangzheng smiled: "Feng Yu, don't test me. I really have no talent for this. Anyway, what do you think should be done? Just discuss with my uncle and father-in-law. I'll do it. "

Fu Guangzheng is very good at retail, or the children of Fu family are very good at it. This is also the industry that Fu family first rose.

But in terms of finance, Fu Guangzheng's two cousins are much better than him. If he had not a good father-in-law, even if his investment in the mainland was very successful, Fu Rongqi might not have established him as the future leader of the family.

Fu Rongqi is very satisfied with being able to recognize his strengths and avoid weaknesses.

"I'll discuss this with your uncle and Professor Liang. You don't have to worry about it."

In fact, Feng Yu should be most worried, because he has invested the most money, not to mention the funds of which family, Zheng family, etc. If he loses, Feng Yu will lose the most.

Seeing Feng Yuzhen's not worried at all, Fu Guangzheng was really relieved. Then this time, when he goes to renew his contract with his European partner, he will not have to worry about this side any more.

……

PS: our brother, super cabbage, has opened a book called invincible novice village head. If you are interested, you can read it (to be continued). )