University of Bahrain Researcher Adds New Study Findings to Research in Investment Management and Financial Innovations (Dynamics of oil price shocks in Latin American stock markets during global turbulence: A nonlinear autoregressive...).

A new report from the University of Bahrain examines the impact of oil price shocks on the stock markets of six Latin American countries (Argentina, Brazil, Chile, Colombia, Mexico, and Peru) during the COVID-19 pandemic and the Russian-Ukrainian War. The study used data from January 2020 to July 2023 and found that the relationship between oil price changes and stock markets is complex and non-linear, with counteracting effects. The uncertainty caused by the pandemic and the war has made investors more cautious in responding to oil price shocks. The research provides valuable insights into the dynamics of oil price shocks in Latin American stock markets during times of global turbulence. [Extracted from the article]