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What impact does the bankruptcy of Silicon Valley Bank have on the futures market?
The bankruptcy of Silicon Valley Bank has impacted the futures market and increased the uncertainty. The bankruptcy of Silicon Valley Bank in the United States led to a large influx of investors into the gold market, which had an impact on gold futures. As a result, the uncertainty of the market's expectation of the future economy increases, and the overall macro demand expectation declines, which is bad for international commodities such as nonferrous metals and energy.