Financial markets

Financial markets

New Insights into Thermodynamics: Skewed Multifractal Cross-Correlations Between Green Bond Index and Energy Futures Markets

Researchers at the Chengdu University of Technology have investigated the dynamics of thermodynamics by analyzing the multifractal characteristics between the green bond index and energy futures markets. According to the study, the COVID-19 pandemic and the Russia-Ukraine war are identified as significant trend change points, causing changes in multifractal features