Oil prices continue slump in fallout from Silicon Valley Bank shutdown,What's the Next?
@寇健:
In the past two weeks, some changes in the macro world have exerted a strong influence on the price changes of crude oil market. It is embodied in two things. First, the Federal Reserve issued a strong hawkish police; Second, Silicon Valley Bank (SVB) declared bankruptcy.On March 6th, the Federal Reserve said that it underestimated the intractability of inflation, and the crude oil market turned around and fell, changing the upward direction of prices brought about by the hope of domestic economic recovery. The next day, Silicon Valley Bank (SVB), the largest venture capital bank in the United States, experienced a run on the market, and the crude oil market continued to fall. On March 10th, the federal government took over Silicon Valley Bank, and the downward trend of crude oil price tem