This article examines the relationship between the spot and futures prices of WTI crude oil using a sample of daily data. Linear causality testing reveals that futures prices lead spot prices, but nonlinear causality testing reveals a bidirectional effect. This result suggests that both spot and fut
โฆ LIBER โฆ
Jump dynamics in the relationship between oil prices and the stock market: Evidence from Nigeria
โ Scribed by Fowowe, Babajide
- Book ID
- 121448358
- Publisher
- Elsevier Science
- Year
- 2013
- Tongue
- English
- Weight
- 365 KB
- Volume
- 56
- Category
- Article
- ISSN
- 1751-4223
No coin nor oath required. For personal study only.
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rading in financial fumes currently accounts for roughly 35% of all futures T contracts, and it promises to become an even larger share of the market. Among those assets in which futures contracts are now traded are stock indices. Futures contracts on the Vdue4he Composite Average opened on Februar