Chapter 431 The Golden Age
In fact, Ichiro Watanabe of Dai-ichi Kangin had already contacted Shirakawa Kaede half an hour ago. After all, they had agreed to maintain consistency in their actions.
As some of the largest banks in Japan, they received accurate information from the government that the central bank took action at 8:05 a.m. on the 23rd.
At the same time, Dai-ichi Kangyo Bank was also a member of the action, and was recruited by the Neon government.
So after getting the news, Ichiro Watanabe turned around and started contacting Shirakawa Kaede, but whether it was Kitato Bank, Shirakawa Holdings, or Tanaka Yuko.
Ichiro Watanabe was unable to contact Shirakawa Kaede, so he had no choice but to look through his address book and found the backup phone number he left behind.
Sure enough, they finally got back in touch in the last five minutes. This guy actually still has the mind to sleep now. Watanabe Ichiro secretly complained after hanging up the phone.
In fact, he had already notified Kitatoshi Bank in advance, but as the person in charge of the bank, Shirakawa Feng also had to be notified.
After finishing the call, Baichuan Feng, who was no longer sleepy, simply sat up and leaned against the head of the bed.
Tsk, look ~ it was not in vain that we brought in the first place to persuade them.
Although Watanabe Ichiro didn't explain why he had to enter at 8 o'clock, Shirakawa Kaede could roughly guess what was going on from his tone.
As expected, some accurate insider information still depends on the big banks of these chaebols.
"Did something happen to Xiaofeng?" Seiko Matsuda, who was also woken up by the phone, rubbed her eyes and asked sleepily.
"Holy Son, the golden age is coming." Baichuan Feng's eyes sparkled.
"Eh?" Seiko Matsuda blinked. Could it be that the price of gold is going to increase? Should she stock up some recently?
The misunderstanding had already spread to Java, and Seiko Matsuda's eyes also began to sparkle with gold.
"Ding-ling-ling~" The crisp bell rang again in the bedroom.
"Moximoxi?" This time, Baichuan Feng answered the phone incredibly quickly.
"Mr. Shirakawa! It's gone up!" Arai Yu's voice on the other end of the phone was trembling with excitement.
"How much has it increased?" Bai Chuanfeng sat up straight subconsciously.
"0.5%! Ten minutes!"
0.5%? This means that Shirakawa Kaede's 8 billion US dollars has increased by 4 billion.
Damn, the money comes too quickly, it's too exciting!
"Don't panic, keep following, remember what I told you, this will be the norm in the next week or two!"
"I understand!" Arai Yu was full of energy, as if he had been injected with chicken blood.
With a click, Baichuan Feng hung up the phone and jumped up from the bed.
"Hey, Xiaofeng, what's so happy about?" Matsuda Seiko felt that she had never seen Baichuan Feng so excited, and her temples were throbbing.
Pah! Bai Chuan Feng didn't answer her at all, but slapped her on the buttocks instead.
"Eh?!" Matsuda Seiko's eyes were filled with tears as she felt the pain.
"Stick it up!" Baichuan Feng was ready to charge like a knight.
The big eyes and the fluttering little canines posed, then looked back at him innocently.
Kill! Baichuan Feng gallops on his horse!
…
The battlefield is not only in Shirakawa Kaede's bedroom, but also in foreign exchange markets around the world.
"Dollar! Sell 500 lots! Buy yen!"
"Sell one thousand dollars! Buy marks!"
The foreign exchange trading market in Tokyo is already bustling with people at this moment.
The trader holding the phone kept making gestures and reporting the battle situation loudly into the phone.
Clerks holding printed contract orders were constantly shuttling between rows of trading counters.
Everyone in the entire trading hall was in an extremely agitated state, like ants on a hot pan.
Here in Tokyo, since the market opened at 8 o'clock, the US dollar has changed its previous upward momentum and started to take a sharp downward turn.
Instead, the yen, mark, pound and franc rose, especially the yen, which rose the fastest.
"It's falling again! These bastards!" A trader angrily picked up the coffee cup on the table and threw it at the large electronic screen in front of him.
In just a dozen seconds, he had lost tens of thousands of dollars, and he bought the appreciating US dollar!
But while some people were angry, others were cheering. A man with a Shiba Inu face who bought it backwards excitedly took off his suit jacket and threw it into the hall.
Large financial transactions do stimulate people's nerves. Even those who live a reserved and conservative life can dance with excitement. This shows how hard it is to resist the temptation of money.
This is how foreign exchange trading works, it is a two-way operation and the outcome is unpredictable.
The angry people threw the orders in their hands into the sky like waste paper.
The white papers were scattered all over the place, and soon the trading hall was in a mess.
Excited people cheered and many even climbed onto their desks and started dancing.
"Shirakawa-san! It's up again! It's already up 1%!"
Baichuan Feng, who had just finished a fierce battle, picked up his gun again and galloped on his horse.
…
From September 23 to October 1, the five countries began large-scale intervention in the financial market.
Among them, the central banks of five countries sold a total of US$2.7 billion in these few days, with Neon alone accounting for US$1.25 billion.
Of course, these are official data. As for the US dollars sold by other banks and speculators who followed suit, it is difficult to count.
However, it is basically certain that they sold more, otherwise the US dollar would not have taken a sharp turn downward.
Most of the dollars sold were used to buy non-US currencies, such as the yen, mark, and pound.
So how has the foreign exchange market performed after these days of intervention?
The yen appreciated by 14%, while the mark, franc and pound rose by 7.8%, 7.6% and 2.9% against the dollar respectively.
Without a doubt, the Japanese yen is the standout performer.
It was the Japanese government that invested the most, and it also had the support of several major chaebols, as well as the Kitato Bank that also benefited from it.
In fact, the US dollars thrown out by Neon are far more than the 1.25 billion from the government.
In addition, a large number of spot contracts to buy the yen have flooded into the foreign exchange market, making it difficult for the yen not to appreciate.
This is the US$8 billion held by Shirakawa Holdings, nearly three times more than the US$2.7 billion sold by the five governments in total!
What Shirakawa Feng doesn't know yet is that because of his drastic measure, the yen is now appreciating much faster than in the same period in history.
In the original time and space, as of October 1, the Japanese yen appreciated by almost 11%.
As a result, due to his intrusion, this number was forcibly raised by 3 percentage points.
A 14% appreciation in 9 days is too fast.
It is almost reaching the point where the Japanese government, which was once complacent, is a little nervous, although 14% is still some distance away from the planned 20%.
But that was originally our goal for the next year. Now, we have completed more than half of it in just 9 days. How can we not be anxious?
If we don't step on the brakes, the yen is in danger of getting out of control.
As a last resort, the Japanese government could only inform major domestic banks.
Stop selling dollars and stop pushing up the yen.
Since the government had spoken, Beidu Bank decided to take advantage of the situation and started settling the orders.
It is not just Kitato Bank that has entered the statement settlement period. The tens of thousands of accounts of Shirakawa Holdings in major banks around the world have also begun the settlement process.
The US$8 billion was leveraged 100 times by Shirakawa Holdings. The yen appreciated by 14%, which means it doubled 14 times.
80*14=112 billion! US dollars!
Sent! Holding the secret document spewed out from the fax machine, Baichuan Feng's hands were shaking like he had Parkinson's disease.
"Xiao Feng! What's wrong with you?!"
When Seiko Matsuda saw that Shirakawa Kaede's eyes were red and his hands and feet were shaking and he was unable to stand steadily, she burst into tears in panic.
"Ah! I got it!"
"Xiao Feng! Wuuuuuu~ Don't scare me~"
"Get down!"
"Eh?!" Seiko Matsuda, who was about to cry, just stood there in a daze.
"Stick it up!" Bai Chuanfeng threw the documents in his hand and said with blood boiling.
Little Huya had a confused look on his face, and soon his hands and feet began to tremble and he could not stand steadily.
…
This time I really made money. The money I earned in just these 9 days was more than 17 times the total profit of the past 8 years.
Although there is still a tax to pay, it is still a world of difference.
The financial industry is indeed crazy and fascinating.
No wonder there will be fewer and fewer people willing to delve into the manufacturing industry in the future. Who can resist such a rate of return?
However, although it was issued this time, the hundreds of billions of funds will not immediately enter the account of Baichuan Holdings.
The flow of hundreds of billions of dollars of funds in the international market is like a candle in the dark, extremely dazzling.
Believe it or not, as long as Baichuan Holdings dares to settle the funds into its own account in a high-profile manner.
Some shameless countries that are short of foreign exchange dare to freeze the funds directly.
Therefore, in order to avoid trouble, the funds in these scattered accounts will be transferred several times in the next one or two years and slowly gathered into several major accounts of Baichuan Holdings.
Some of these accounts are located in the country, and some are located abroad. They are secretive and safe.
As for the tiny handling fees in these operations, they are not worth mentioning.
Although he couldn't see the money for the time being, it didn't affect Baichuan Feng's excitement.
Sure enough, the Plaza Accord is such a luxurious gift package.
It was so luxurious that Shirakawa Feng planned to concentrate on the financial industry in the future, but it was just a thought.
This kind of opportunistic thing only happens once in many years.
And the necessary condition is to be forewarned every time, but how is that possible?
So it's worth it if you can encounter this kind of thing once in a lifetime.
Baichuan Feng, who made a fortune in silence, was quietly counting his money in secret.
However, things went against his wishes. On October 3, he once again made headlines in major newspapers.
It's not that the fact that he made hundreds of billions of dollars has been exposed.
It’s because Kitato Bank also made the headlines with him. Yes, the latter is the protagonist.
The story begins with the consistency of actions among Kitato Bank, Dai-ichi Kangyo Bank, and Nomura Securities.
The three companies agreed to short the US dollar and go long the Japanese yen together, and that is exactly what happened.
However, Dai-ichi Kangyo Bank and Nomura Securities only put out $100 million to $200 million for foreign exchange investment.
And the leverage added is very low, only about ten or twenty times.
After all, the foreign exchange market is unpredictable and one can lose all his money if careful.
This is the normal operation of banks in Neon, and everything is done with safety in mind.
But who knew that Beidu Bank was so reckless and it put out $300 million in capital.
It seems that there is not much difference between them and Dai-ichi Kangyo Bank, but Kitato Bank has added 100 times leverage.
And it was not until early October that the settlement process began. Many accounts of Kitato Bank were operated through Dai-ichi Kangyo Bank and Nomura Securities.
This resulted in the other two companies roughly calculating that the profit of Kitato Bank on its $300 million capital increased fourteen times.
Since ancient times, as long as a third person knows the news, everyone will soon know the news.
So the news that Kitato Bank had amassed 4.2 billion U.S. dollars made headlines in major newspapers in Japan the next day.
And who owned the Hokuto Bank? A certain overly handsome chaebol boss was dragged out to be shown off.
