This time Feng Yu came to the United States and exposed the hidden information of those real estate financial credit companies, which caused a shock in the American stock market.
But within a week, those companies were delisted or suspended, and the U.S. stock market stabilized again. Even the stocks of some real estate-related companies have not fallen much, and they are showing signs of rising again, driven by the broader market.
Although the media began to publicize the subprime mortgage crisis, this matter was obviously suppressed by the attention of another event, that is, the US presidential election.
In other words, at this time, many major countries are undergoing a change of leadership, and it is rumored that this is also a well-established routine. That is, we all change the term together, and then no one can mess with the other party's election. After we change the term, we can make friends again.
Of course, this is not absolute. Feng Yu thinks this is just gossip circulating among the people.
For example, some countries' heads of state have different terms of office, and the timing of their transition is naturally different. It is just a coincidence that they all come together. In China, it is held every five years, and in the United States and Russia, it is held every four years.
Of course, the two world powers, the United States and Russia, together are enough to attract the world's attention.
Although the U.S. stock market is said to be stable, the previous strong upward momentum has been curbed. Although the stock market is still rising, the rise is far less dramatic.
Indeed, many people are worried about the U.S. stock market, and some people now say that every time there is a change of leadership in a major country, it is a reincarnation.
Due to policy adjustments or other reasons, there are always some industries that will be affected, and it will inevitably affect the financial market.
All kinds of rumors are flying everywhere, but there really is nothing wrong with Feng Yu. Even if he wants to release news, he will release some real news. What's the point of spreading rumors
Due to the influence of various reasons, Feng Yu and Soros began to enter crude oil futures, and some people also saw that gold seemed to have the momentum to rise again, so many investors invested their funds in the futures market, mainly buying Crude oil and gold.
When the Federal Reserve cut interest rates and the U.S. dollar continued to be sold off in the market, the U.S. dollar slowly began to depreciate, and many people already exchanged U.S. dollars for other products.
And it is also because of this that the stock market has been pushed up.
Now the U.S. dollar has depreciated by more than three percent. This ratio may not seem high, but if you think about the amount of U.S. dollars held, you will know that this ratio is already very scary. The assets of many countries have evaporated by an astronomical amount.
The dollar is still falling slowly and has not stopped its decline. It seems that the Federal Reserve has no plan. This has made the financial market more prosperous, and many people who had never bought financial products before are now starting to buy them.
Under this situation, Feng Yu, Soros, Fu Rongqi, Professor Liang, etc. are also constantly trying their best to raise crude oil, and the price of crude oil has really begun to rise.
Today, the price of crude oil has reached 60 US dollars per barrel, which is 10% higher than the price Feng Yu and the others originally bought!
It seems that the range of 10% is not high, but they used a minimum of twice the leverage and a maximum of five times the leverage. Coupled with the huge amount of their funds, they have already made a lot of profits.
But this number did not satisfy Feng Yu.
So far, only Iran has unilaterally announced a reduction in crude oil production and called on other OPEC members to respond. Unfortunately, there has been no response at all.
At this time, the United States and Saudi Arabia are still playing Tai Chi. They neither say they will reduce imports from Saudi Arabia, nor do they say they will continue to support Saudi Arabia as the leader in the crude oil market.
To put it bluntly, this matter must be left to the next administration.
Saudi Arabia is also waiting for the attitude of the United States, especially waiting for the new president of the United States to be elected, before they can formally start negotiations.
As for some other member countries, they are very happy to see the price of crude oil rising. This means that they can make a lot more money this year without increasing production.
Just by selling oil, many of their countries can become developed countries and become extremely rich.
But there are still countries in relatively difficult conditions, such as Iraq and Kuwait. Like Iran, many countries owe a lot of foreign debt.
Their production capacity is so high. The later the foreign debt is repaid, the more interest there will be. Don't think that the interest rate on debt between countries must be low. If so, then there must be other interests involved.
So Iran went to talk to other countries at this time. Everyone owed so much money. Now that the price of crude oil is rising, it seems that we can pay off the debt two or three years in advance. But why can’t we just pay it off in two or three years? Pay it off
As long as the price of crude oil continues to rise and the price doubles, our goal will be achieved.
This is of great benefit to our OPEC members. It’s not just Iran that makes money, doesn’t your other countries also make money
What do you think of those member states that are not short of money? You can choose to reduce production.
In this way, the oil and other energy sources in your underground can be exploited for a longer period of time, making your country rich for a longer period of time. Isn't this a good thing
At this time, Iran started lobbying among its member states, especially they wanted to persuade Saudi Arabia. As long as the boss agrees, things will be easier to handle.
But at this time, Saudi Arabia is still waiting for news from the United States, and it is impossible for him to give Iran an answer now. And Saudi Arabia not only has oil, they also do well in many trade areas, much better than other member states.
However, Saudi Arabia is not in a hurry, but other member states have been persuaded by Iran to join forces and take advantage of the current trend to push crude oil prices higher. This is in the interest of all their member states.
Saudi Arabia still disagrees and announced a production cut. This is not okay. There is no reason to cut production casually. They have plans for a lot of money, but the important thing is that the attitude of the United States has not yet been determined. But it’s not easy for Saudi Arabia to stop other countries. We can’t let other countries listen to Saudi Arabia, right
So these member states discussed it. We cannot announce production cuts in the name of OPEC, but countries can announce production cuts themselves. This is always okay, right
Once those big countries cause trouble, whoever announces production cuts will take the blame themselves.
As a result, a second member country announced that it would cut production. After this news came out, it attracted widespread attention.
What do you mean? Is it because OPEC has passed the decision to reduce production, or is there an internal conflict among them? But if a second country announces production cuts, there is no guarantee that a third or fourth country will not.
It seems that crude oil production is really likely to decrease.
What does that mean? It means that crude oil prices are going to rise.
On that day, the price of crude oil rose again by five US dollars per barrel. When Feng Yu saw the news, the corners of his mouth slowly turned upward.
… (To be continued.)
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