Safe Haven Ability of Energy and Agricultural Commodities Against G7 Stock Markets and Banking Indices During COVID‐19, Russia–Ukraine War, and SVB Collapse: Evidence From the Wavelet Coherence Approach DOI Creative Commons
Yasmine Snene Manzli, Hind Alnafisah, Ahmed Jeribi

et al.

Discrete Dynamics in Nature and Society, Journal Year: 2024, Volume and Issue: 2024(1)

Published: Jan. 1, 2024

This article assesses the hedging and safe haven properties of energy agricultural commodities (crude oil, natural gas, wheat) against G7 stock market indices banking sector during COVID‐19 pandemic, Russia–Ukraine military conflict, Silicon Valley Bank (SVB) collapse. Using wavelet coherence analysis, our results showed dynamic correlations in which shifted from diversifiers to strong havens periods turmoil. Particularly, WTI became a SVB collapse, gas acted primarily as wheat evolved into robust crises. Moreover, with underscore ability these financial assets, furnishing valuable insights for investors unstable situations.

Language: Английский

Did the collapse of Silicon Valley Bank catalyze financial contagion? DOI
Md Akhtaruzzaman, Sabri Boubaker, John W. Goodell

et al.

Finance research letters, Journal Year: 2023, Volume and Issue: 56, P. 104082 - 104082

Published: June 3, 2023

Language: Английский

Citations

68
Too big to fail: The aftermath of Silicon Valley Bank (SVB) collapse and its impact on financial markets DOI
David Y. Aharon, Shoaib Ali,

Muhammad Naved

et al.

Research in International Business and Finance, Journal Year: 2023, Volume and Issue: 66, P. 102036 - 102036

Published: July 13, 2023

Language: Английский

Citations

51
Connectedness between cryptocurrencies using high-frequency data: A novel insight from the Silicon Valley Banks collapse DOI
Shoaib Ali, Faten Moussa,

Manel Youssef

et al.

Finance research letters, Journal Year: 2023, Volume and Issue: 58, P. 104352 - 104352

Published: Aug. 23, 2023

Language: Английский

Citations

29
How did major global asset classes respond to Silicon Valley Bank failure? DOI
Wajahat Azmi, Zaheer Anwer, Shujaat Naeem Azmi

et al.

Finance research letters, Journal Year: 2023, Volume and Issue: 56, P. 104123 - 104123

Published: June 16, 2023

Language: Английский

Citations

26
Silicon Valley Bank bankruptcy and Stablecoins stability DOI Creative Commons
Luca Galati, Francesco Capalbo

International Review of Financial Analysis, Journal Year: 2023, Volume and Issue: 91, P. 103001 - 103001

Published: Oct. 14, 2023

To what extent does the collapse of a commercial bank spread contagion across cryptocurrency markets? How do markets behave around bankruptcy if digital assets remain stuck within and cannot be withdrawn? We use BEKK model to examine effects major during Silicon Valley Bank (SVB) period in early March 2023. find evidence stablecoins Bitcoin. also price action when nearly all withdrawals at SVB were prohibited. substantial abnormal movements stablecoin cumulative returns volumes, indicating "flight safety" from less more authoritative trusted stablecoins. The implications for practitioners policymakers are discussed.

Language: Английский

Citations

26
Exploring the Dynamics of Equity and Cryptocurrency Markets: Fresh Evidence from the Russia–Ukraine War DOI
Foued Hamouda, Imran Yousaf, Muhammad Abubakr Naeem

et al.

Computational Economics, Journal Year: 2024, Volume and Issue: 64(6), P. 3555 - 3576

Published: March 13, 2024

Language: Английский

Citations

10
Does invasion Russia-Ukraine affect to global financial market? evidence from consumers’ staples sectors DOI Creative Commons
Rizky Yudaruddin,

Fitriansyah,

Dadang Lesmana

et al.

Journal of Open Innovation Technology Market and Complexity, Journal Year: 2023, Volume and Issue: 9(3), P. 100086 - 100086

Published: July 6, 2023

This study aims to comprehensively analyze the market reaction within consumer staples sector towards Russian invasion of Ukraine. With a sample size 2376 companies operating in industry, event method utilizing cumulative abnormal return (CAR) is employed measure response. The findings reveal significant negative impact on global market, particularly developed and emerging markets. All industries exhibited adverse reactions both before after announcement, with beverage household product industry experiencing most severe consequences compared other sectors. Moreover, our uncovers that NATO members showcased relatively lower prior but displayed stronger responses following announcement. To best knowledge, this research first shed light specifically regarding invasion. implications hold relevance for policy makers, managers, investors, guiding them making informed decisions amidst wartime scenarios.

Language: Английский

Citations

19
A high-frequency data dive into SVB collapse DOI
David Y. Aharon, Shoaib Ali

Finance research letters, Journal Year: 2023, Volume and Issue: 59, P. 104823 - 104823

Published: Dec. 5, 2023

Language: Английский

Citations

17
Reputational contagion from the Silicon Valley Bank debacle DOI Creative Commons
Shoaib Ali, Muhammad Naveed, Mariya Gubareva

et al.

Research in International Business and Finance, Journal Year: 2024, Volume and Issue: 69, P. 102275 - 102275

Published: Feb. 10, 2024

Based on event study method, we observe that due to Silicon Valley Bank (SVB) collapse, US and European banks experience negative returns, while Chinese remain relatively less affected. Our results also show assets like oil, gold, cryptocurrencies exhibit positive suggesting investors may seek refuge in these perceived safe havens. Additionally, our findings the SVB's financial distress has a detrimental effect stocks of banking companies Europe, whereas it impact technology regions. highlight importance proactive risk management regulatory interventions, as demonstrated by regulator's approach. Moreover, be heed returns safe-haven during periods distress. Diversifying portfolios include can prudent strategy. Furthermore, regulators must consider stricter framework counteract contagion ensure system stability case future bank collapse such SVB debacle. While offers valuable insights into effects distress, acknowledge potential limitation which is robust capturing immediate market reactions, present challenge comprehensively assessing long-term implications.

Language: Английский

Citations

8
The domino effect of silicon valley Bank's bankruptcy and the role of FED's monetary policy DOI Creative Commons
Elif Erer, Deniz Erer

Borsa Istanbul Review, Journal Year: 2024, Volume and Issue: 24(3), P. 573 - 591

Published: March 9, 2024

This paper examines the spillover effects of bankruptcy by important tech industry banks—Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank—on top 10 institutions in MSCI Index role that monetary policy US Federal Reserve (the Fed) played this contagion, using Dynamic Conditional Correlation-Exponentional Generalized Autoregressive (DCC-EGARCH) time-varying Granger-causality models. Our findings show dynamic conditional correlations among banks were higher during period SVB crisis, implying presence financial contagion from bank's due to uncertainty triggered its collapse. Financial emerges between banks, degree rises crisis period. Moreover, Fed's plays a significant bank failures. The deepening followed increases federal funds rate combat inflation.

Language: Английский

Citations

6