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Impact of 9 1 1 on crude oil futures
Senior crude oil investors are well aware of the impact of sudden risk events on oil prices, and the 9 1 1 event that spans 15 years is still worth considering. The correlation between crude oil trends in the "9 1 1" incident is a compulsory course for crude oil investors to deeply analyze crude oil.

9 1 1 incident is the most serious terrorist attack in the United States. The death toll was as high as 2996, and the domestic economic loss in the United States reached 200 billion, indirectly affecting the global economic loss of one trillion dollars. This incident seriously weakened the economic and political security and stability of the United States in the world and had a far-reaching psychological impact on American citizens.

2006 54 38 9 1 1 The incident happened on Tuesday, and the financial markets such as precious metals and crude oil opened normally. However, due to the sudden terrorist attacks, the financial market was closed immediately after the risk fuse mechanism was started. After the 9 1 1 incident, the United States immediately announced that the stock market would be delayed for one week, and the US stock market fell by 7.600000000 1

We learned from the daily line of gold and crude oil that once this risk event occurs, the reaction of commodity markets such as precious metals and crude oil is very timely and strong. The closing price of gold jumped from 27 1 1 .65 in September to 287.00, that is, 9 1, after the international market opened in September the next day.

The whole story of 9 1 1 incident is as follows: crude oil jumped directly from the closing price of $27.77 per barrel in September 1 1 day to $29.89 per barrel after the opening of the international market in September 12 the next day, with an increase of 7.63%.

Sudden risk events bring uncertainty to global financial markets. In order to avoid risks, as an important commodity financial market, people have a direct transmission effect, selling money and buying bulk commodities, and the market prices of precious metals and crude oil have risen sharply.

Because precious metals, crude oil and other financial products are internationally traded, even if the domestic financial market in the United States is closed, they can still be traded in the international market, which is an investment opportunity.

The above content is a description of how the trend of crude oil fluctuated in the 9 1 1 incident, revealing the influence of similar events on the trend of crude oil for investors. Because the precious metals and crude oil markets are not controlled and restricted by any country, they bear the brunt after every major global event.