Rebirth of the Financial Overlord

Chapter 428: All eyes are full 666

MIBTEL, the abbreviation of the Milan Stock Exchange Stock Index, was established in 1967 and is managed by Standard \u0026 Poor's, which includes the largest forty constituent stocks of the Milan Stock Exchange.

It is the earliest stock exchange in Italy and the largest stock exchange in Italy.

The stock index code is 9I0046, which is composed of a comprehensive weighted average index.

Now, if the Bank of Italy wants to maintain the exchange rate of the lira, it must create all favorable factors to counter the impact of market capital and capital outflows.

Capital is chasing profit. If you want to keep those capitals that are leaving, you can only get more income. Given the current economic environment in Italy, the only way to raise interest rates is to let capital see real benefits. However, raising the interest rate will inevitably tighten the currency circulation in the market, capital will flow into the bank to obtain stable interest, and less funds will be used to purchase and promote the stock price. This is undoubtedly a substantial unfavorable factor for the securities market.

Moreover, if the Italian central bank wants to maintain the lira exchange rate, it needs to keep throwing out its foreign exchange reserves to buy liras in the market. It is impossible to take care of the securities market. Otherwise, to stabilize the securities market, the prices there will be even worse due to the expansion of supply.

It can be said that the Italian central bank has no choice at all. As one of the core member states of the European Community, it must choose to keep the price of the lira from falling below the lower track of the floating mechanism.

Then, the securities market can only be abandoned.

Snapped--

Shen Jiannan snapped his fingers and gave Anna Seminovich a look of approval.

Anna. You're getting smarter.

Anna Semenovich was Yulia Sidorov's assistant transferred from the Ministry of Finance. She had a hot figure and a sweet appearance. Her fair complexion was even fairer with her golden hair.

Hearing Shen Jiannan praised her, she held her head high and threw a big wink, full of seductive flavor.

Sir. Is there a reward?

Gudoo -

Shen Jiannan swallowed exaggeratedly, his eyes swept around Seminovich.

I have hundreds of millions of rewards ready at all times, but... I'm worried that your lady will hack me to death at night.

It's really a heartless guy. But this time you passed the test. I will tell the lady to put away the scissors by the bed.

My God. You women are horrible.

.

After some teasing, Anna Seminovich returned to the seat in the trading area. When she sat down, the sexy and hot enchanting girl suddenly turned into a frozen goddess with a frosty face, which provoked several other men. The member kept slandering secretly in his heart.

The same man, how can he face such a big gap.

Boris. What is that look in your eyes? Now, let's get to work.

.

Milan is the fashion and art center of the world, as well as a famous historical and cultural city in the world. At the same time, it is also one of the four major economic centers in Europe.

A large part of the reason why Italy was able to become the seventh most economically developed country in the world in a certain period of time is because of the economic growth that Milan has contributed to this country.

This is the birthplace of world-renowned brands such as Armani, Versace, PRADA, DOLCE\u0026GABBANA, Valentino, MOSCHINO, etc. It is also the second largest city in Italy, and the GDP of the entire metropolitan area even accounts for 5% of Italy's GDP.

The autumn sunshine is extremely mild. Standing outside the stock exchange, the sunlight penetrates through the glass curtain wall and shines on people, making people feel the comfort brought by the warmth.

But warmth means heat and irritability. Looking at the super LCD screen hanging in the center of the trading area, Philip Inzaghi's heart is full of irritability.

MIBTEL, 18680.56, -1.55%.

Gruppo Generali, -2.33%

Within a week, the MIBTEL index fell by 6%. With such a big drop, other constituent stocks will naturally not feel well.

Unfortunately, Philip Inzaghi bought Gruppo Generali a week ago, and it fell by 18% in the last week, which made him lose 10 million lire.

What the hell. How did it fall so much?

Philip, I told you that you are not suitable for investment, you should play football with me. With your talent, I believe you can make more money.

Carlo, you bastard, you fucking taught me to buy stocks. Now, it's you who say I'm not suitable for investing. I'm losing ten million now, you know? That's ten million.

I didn't know it would be so bad. Philip, give up, come back to play with me now, and we can make back the money we lost.

No. It has fallen so much. It will definitely rise back. There is no one that can only fall but not rise. The government does not allow the stock market to keep falling like this. Those capitalists and families cannot let their wealth evaporate.

What do you want to do?

Lend me one hundred million.

Do you want to increase your position?

Yes. I want to increase my position. I don't believe that this damn stock market will keep falling.

Philip, I advise you not to do this. Betting on dogs has no good end. Never.

Carlo, will you lend me the money?

You're such an idiot. I bet you lost your panties.

This is impossible. It has fallen so much, how can it rebound. I have never only opened big and not small...

My Lady. This is the experience I have summed up in ten years.

You lend it to me. If I lose money, I promise to go back and play football with you.

.

Twenty minutes later, Philip Inzaghi walked back from the counter, looking at the details printed out in his hand, a trace of relief appeared on his face.

He increased his position by 100 million, and now he is only losing 9% of the money. As long as the market rebounds, he will soon be able to make back the lost money.

Oh my god. Look, Philip.

.

Gruppo Generali 892.15 666

Gruppo Generali 891.15 666

Gruppo Generali 890.23 666

Gruppo Generali 889.15 666

Pirelli S.p.A 672.15 666

Pirelli S.p.A 671.15 666

Pirelli S.p.A. 670.15 666

Pirelli S.p.A 669.15 666

Ente Nazionale Idrocarburi 1025.36 666

Ente Nazionale Idrocarburi 1022.18 666

MIBTEL, 18680.56 66

MIBTEL, 18677.56 66

MIBTEL, 18674.56 66

MIBTEL, 18630.33

Suddenly, on the super monitor in the central area, the red and green handicap background turned blood-red, and densely packed numbers crawled over the entire handicap area like ants.

With the roll of numbers reflecting red light on the screen, the MIBTEL index fell from 18680 to 18603.88. The Gruppo General held by Philip Inzaghi also instantly changed to 863.33, a drop from 2% to 100%. Five point eighty-nine.

Many people present were dumbfounded.

The Milan Stock Exchange has been open for many years, but never before has there been such a large-scale sell-off of all stocks in a flash.

The blood-red numbers are densely swarmed like locusts crossing the border, the density is so dense that the scalp is numb.

Philip Inzaghi was stunned for half a minute before he came back to his senses. Looking at the price of Gruppo Generali on the screen, he felt an absurd feeling that he had never felt before.

Like, there's a jerk staring at the money in his hand. Otherwise, why would the stock price fall endlessly every time he bought it.

Rome, Central Bank Transactions Department.

Looking at the intensive selling in the foreign exchange market again, Qian Pi frowned tightly.

He knew that he might be thinking too much.

At this time, it is impossible for anyone to help Italy. The United Kingdom hopes that Italy will be unlucky. If the lira falls, the currencies of other countries will appreciate, and, due to pressure from all sides, Germany will inevitably lower interest rates.

For other countries, it is already the best result not to take part in suppressing the lira by the way.

As for Germany, they must very much hope to see Italy embarrassed, and finally have to ask them for help and choose to surrender, just like they did fifty years ago.

They're all a bunch of bastards.

Qian Pi cursed angrily in his heart, but there was nothing he could do about it.

The weak are always the best breakthroughs. This rule applies to any ecosystem. Compared with the UK, Italy has too few choices.

Suddenly, there seemed to be something wrong with the light on the other LCD screen. When Qian Pi turned his head to look, he was so angry that he almost scolded his mother.

666.

All 666.

Another fucking 666.

The foreign exchange market is 666, and the securities market is also 666. What are these damn bastards thinking?

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