Two hundred and sixty-eight chapters aftermath
~.-~ Chapter 268 Aftermath
Unlike the suffocating situation in the international crude oil market, it was not yet dawn in New York, and many staff members in the Wall Street Journal editorial department on the 15th floor of the Empire State Building seemed extremely busy.
During the collapse of international crude oil, I felt the attention of many staff members of the editorial department. As an authoritative reporter of international crude oil in the economic layout, Susan Sweet also felt tremendous pressure.
It seems that there is not much time left for the Wall Street Journal's release at 5:30 in the morning, but the financial layout has not yet been decided. Not only Susan, but the entire Wall Street Journal editorial department is extremely anxious.
The Wall Street Journal was founded in 1889 and has become the largest paid financial newspaper in the United States with more than 2 million copies.
This newspaper published in New York, USA focuses on financial news reports, and its content is enough to affect daily international economic activities.
The main groups of readers of the Wall Street Journal are mostly important people in the political, economic, educational and medical fields.
Financial tycoons, business managers, and stock market investors are extremely dependent on this newspaper that covers the global economy.
"Susan, hurry up, speed up, it's too late, and the final page signing must be signed and sent to the printing factory." A slightly obese middle-aged editor-in-chief was so anxious that he jumped straight into his feet.
Although it is inevitable that there will be additional breaking news in newspapers, such a tense situation as today is extremely rare in the editorial department of the Wall Street Journal.
The editor-in-chief urged the manuscript and the beautiful girl rubbed her slender hands anxiously. While thinking quickly, she wrote the title of the manuscript with the words "Who took away this piece of cheese?"
It was not until the newspaper signed the final page and sent it to the printing factory that Susan breathed a sigh of relief.
He glanced at the dozen newspapers placed next to his desk two days ago, and the recruitment advertisement on the storm background on the front page of Mingzhu Holdings was extremely eye-catching in Susan's eyes.
Susan graduated from the Department of Finance and Economics of Harvard University. After only three years of working in the Wall Street Japanese version, she became an authoritative journalist in the economics with her aggressive spirit, rich professional knowledge, and beautiful appearance.
Susan has a deep research on international crude oil, but the ups and downs of the international crude oil market have completely shocked her mind.
The two ups and downs of international crude oil during a trading day have caused many investment institutions to explode. When the market gradually calms down, only the US Energy Reserves are left to swim in the embarrassing naked nudes. This result is really shocking.
"Susan, the latest news, the Saudi Wehrmacht has defeated the Liberal Party head-on, and is close to the Qasim area and has begun to eliminate the remnants of the Liberal Party. The turmoil in the entire Saudi Arabia has been initially calmed down!" An editor in charge of political current affairs in the Middle East came to the girl and reminded him in horror.
"It has been estimated that international oil prices have fallen to $14.21, almost everywhere they go. In this wave of markets, many institutions that did not come out, almost all the positions were liquidated, leaving only the embarrassing US Energy Reserves Bureau, taking over all the positions in the market!" Susan said with a wry smile on her face.
"Speaking of this crazy surge, it should have been initiated by the US Energy Reserve. Unexpectedly, they would fall into it in the end and had to deal with the public pressure of the market collapse and take over all the liquidated positions!" The middle-aged male editor who told Susan the news looked full of emotion.
"As the government's funds, the flexibility of the Energy Reserve Bureau to enter the capital market cannot be compared with investment companies. Although they seized the opportunity and entered the market at the first tier of oil price of $14, a number of short-term institutions that will launch an offensive have breached positions and established some low-level long positions, but they have also destroyed the final foundation in the short-term market. It can be said that the reason why international crude oil collapsed on its own has a lot to do with the Energy Reserve Bureau forcibly entering the market!" Susan said with disdain.
"I didn't make any money, but I was stranded on the shore in the end. This time, the US Energy Reserve has learned a lesson, but do you think they really didn't notice the market crash, or were they forced to watch the oil prices fall?" The middle-aged editor seemed to have a very good understanding of finance, and during the subsequent investigation, he asked very important questions.
"I don't know if the Energy Reserve Bureau has noticed it. However, as government funds, such a big speculation in the financial market will be criticized. Especially when they enter the market to grab goods, many short institutions have been eliminated and they will be hated. It can be said that the long-short game in the international crude oil market has unexpectedly exceeded many people, and even the US Energy Reserve Bureau is no exception!" Susan glanced at the storm recruitment advertisement page of Mingzhu Holdings, with a hint of surprise.
"Speaking of the US Energy Reserves Agency, it is just a scapegoat. Even if they don't enter the market, once the news of Saudi turmoil is released, other main institutions will enter to push oil prices up. Unfortunately, they got the news first, but ended up in an embarrassing situation." The middle-aged editor sighed.
"It's okay, even if they didn't make it, they didn't lose money. During the collapse and decline of international crude oil on its own, even the 11 billion US dollars of the Japanese Ministry of Energy was wiped out!" Susan stood up with a smile, not tired of rushing to the manuscript overnight.
"It's really amazing..." The middle-aged editor looked surprised.
"The position with a long position of 6.9 million yuan was added to the margin, which increased the margin to 10%. In the end, it did not withstand the rapid decline of the market collapse, and was forcibly closed the position by the New York Mercantile Exchange. Now these positions have been taken over by the US Energy Reserves Agency." After a smile, Susan had already walked out of the editorial department.
"My God! This collapse is really terrible. Even the long positions that were preparing for physical delivery were killed in one fell swoop. It seems that the US Energy Reserves Bureau is really speculative and forced to rescue the market!" The middle-aged editor sitting in front of the computer couldn't help but speak in horror after checking the market's movements.
It was not until 7 a.m. that there was still an hour left before the closing of the international crude oil futures on the New York Mercantile Exchange. The collapse of the spot delivery month fell, and it was only relieved at $13.80. The huge fluctuations in the session even brought people a sense of fear.
With the start of a new job for the New York crowd, the Wall Street Journal's launch time was only produced an hour later.
As soon as the newspaper was launched, it was snatched away by the crowd of people who had been waiting for a long time. The news of the terrifying shock of international crude oil on a single trading day was also accompanied by the release of major newspapers, spreading all over the world.
Although the international crude oil market has stabilized as it closes during the trading session, this after-quake aftermath affects all aspects.
The New York branch of Morgan International Bank seemed orderly, but the self-operated trading center was dead silent.
At this time, the overly frightened traders had been dismissed by Daniela.
In the huge trading center, only women in suits and Byron, who were sitting at the small round table, staring blankly at the crowd at work outside the window.
"President..." Seeing that Byron had been sitting for a long time, Daniela couldn't help but remind him about it.
"I'm fine, Mingzhu Holdings should have closed its position smoothly, right?" Byron did not look at the time-sharing oil price on the electronic large screen, but turned his back to the trading center and stared at the hurrying crowd on the street below the window.
"Yes, they closed their positions successfully and were eliminated. This time their profit was US$15.886 billion, plus the original principal of RMB 9.36 billion. At present, Mingzhu Holdings' funds custody in our bank have exceeded US$25 billion." Daniela did not hide it and replied to Byron.
Hearing Daniela's words, Byron couldn't help but smile with relief.
"President, this time our short positions in crude oil were exposed, and the 4.17 billion US dollars were shattered. Even with the 3.6 billion US dollars we earned last time, we still actually lost 570 million US dollars..." Seizing the opportunity, Daniela reported a huge loss to Byron.
"This time, my personal operation has nothing to do with the bank. I can still bear the loss of more than 500 million US dollars. Looking back, I will give some rewards to the traders in my personal name. The responsibility for today's failure is not with you." Byron said with a wry smile.
Daniela couldn't help but sigh at the moment that the capital market was rich and poor. In the first half of the night, Byron was still happy about the huge profit of $3.6 billion, and even drank too much. Unexpectedly, this huge amount of funds was not only taken away without being warmed up, but also lost nearly $600 million in principal!
At this time, the woman in the suit couldn't help but secretly regret it. After discovering Mingzhu Holdings' movements, she summoned Byron who had already fallen asleep.
"Don't worry, this setback cannot defeat me, and the capital market will continue to flourish, and there will always be a chance to turn around in the future." Although Byron smiled bitterly and comforted, he was very frustrated by his defeat.
With success so close, if Byron did not choose to confront Mingzhu Holdings in the last choice but followed, he would not be so lonely at this time, but would definitely be someone who could laugh out loud!
But this extremely important opportunity was wasted in Byron's hands.
The New York Police Headquarters located on Paclow Street in Manhattan seemed quite busy early in the morning. Police cars came and went, and the turning luster of the police lights gave people a sense of security.
Despite being frightened, life has to continue. After recording the records, the two blonde young women Hannah and Charlotte, who walked out of the New York Police Headquarters, have begun to prepare for a new job.
It is far from easy to survive in this fast-paced international financial center and find your own place!
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Chapter completed!