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The Impact of Bankruptcy of Silicon Valley Bank on Futures
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. Therefore, the bankruptcy of Silicon Valley Bank in the United States had an impact on futures. The bankruptcy of Silicon Valley Bank in the United States means a serious economic recession in the United States. Problems in a large number of physical industries will lead to bank bankruptcy, and financial institutions are the last line of defense for economic development, so once banks go bankrupt, economic recession will be inevitable. The collapse of the influential Silicon Valley bank raised concerns that the US economy might fall into recession, and European and American crude oil futures fell sharply in intraday trading. As far as the impact on the futures market is concerned, including stock index, treasury bond futures and most commodity futures, the impact is limited.