Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Business and Policy Studies
Series Vol. 10 , 13 September 2023
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Access | Article
Research on the Impact of COVID-19 on Futures Market
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Abstract
This paper focuses on the specific impacts of COVID-19 on the performance and trading conditions of various global futures markets. The major impact of COVID-19 on the economy includes the raised concern of market stress, city lockdowns and travel restrictions. These factors can negatively affect the performance of future markets in different ways and to different degrees. This paper will explore the topics of the interconnectedness of several commodity futures’ performances, the volatility and return of major commodity futures, the relationship between various contemporary financial indicators and the performance of crude oil future, as well as the general performance of innovative future types. The study has found that the interconnected linkages between several commodity futures appeared under COVID pandemics. Furthermore, the study shows that COVID-19 has a considerable influence on both the short-term and long-term volatilities of industry-related and consumer staple-related futures to different degrees. Lastly, the coronavirus crisis has an overwhelmingly negative impact on the prices of innovative forms of the future, including the carbon future and Bitcoin future.
Keywords
COVID, volatility, commodity future, interconnectedness, crude oil
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Business and Policy Studies
- ISBN (Print)
- 978-1-915371-47-8
- ISBN (Online)
- 978-1-915371-48-5
- Published Date
- 13 September 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/10/20230445
- Copyright
- 13 September 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited