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NEW YORK, Feb 18 — US stocks slid on Thursday, with the S&P 500 marking its biggest daily percentage drop in two weeks, as investors shifted to defensive sectors and safe havens such as bonds and gold as geopolitical tensions between…

(Reuters) – U.S. stocks tumbled on Thursday, with investors hastening a move late in the session toward defensive sectors and safe havens such as U.S. bonds and gold as geopolitical tensions between Washington and Russia over Ukraine flared.

U.S. stocks tumbled on Thursday, with investors hastening a move late in the session toward defensive sectors and safe havens such as U.S. bonds and gold as geopolitical tensions between…

Bonds & Bullion Bid As Bullard & Blinken Bloviation Batters Big-Tech & Bitcoin A renewal of old concerns - geopolitical issues, economic growth - sparked a significant risk-off stance today in the markets. In addition to the chaotic geopolitical headline hockey from the US-Ukraine-Russia storm, the US economy may be slowing (jobless claims data jumped awkwardly higher, Philly Fed disappointed, and Housing Starts tumbled), just as The Fed''s Jim Bullard reiterated his uber-hawkish by calling for the rest of The Fed to come to his dark side or "risk the credibility of The Fed" itself. Russia is establishing a pretext to invade Ukraine, according to comments by US Secretary of State Antony Blinken to the UN Security Council. "This could be a violent event that Russia will bring on Ukraine, or an outrageous accusation that Russia will level against the Ukrainian government. "Russia may describe this event as ethnic cleansing or a genocide making a mockery of a concept that we in this chamber did not take lightly," he added. "We believe these targets include Russia''s capital (or) Ukraine''s capital Kiev, a city of 2.8 million people," he said.

Wall Street suffered sharp losses at the close on Thursday as the potential conflict in Ukraine continues to worry market participants and launched gold to a June 2021 high. Russian forces are approac…

Oil pulls back For one day, energy traders decided to forget about how tight the oil market remains and took some risk off the table as Wall Street hit the sell button with every risky asset over rising geopolitical concerns. President Biden believes there is still a high risk for a Russian invasion of the […]

When you look back over the history of inflation in the last hundred years or two, the root cause is very often war. When countries break the bank in the cause of slaughter, the result is currency debasement.

(Kitco News) - Gold trading at an eight-month high of around $1,900 an ounce could be a sign that traders don''t believe that the Federal Reserve will be able to do much to stop the current inflation threat, at least in the near term, according to some analysts.

EURUSD remains between hourly MAs While the stocks react to the downside on Ukraine tensions, gold soars, interest rates move down on safety flows, the EURUSD remains stuck between the 100 hour MA below and the 200 hour MA above (which was the picture at the start of the NY session).

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Gold futures jump on Thursday to settle above $1,900 an ounce for the first time since June of last year, as a flare-up in tensions between Russia and Ukraine renews concerns about a wider military … Read Full Story at source (may require registration) The post Gold settles above $1,900, buoyed by a mix of ‘cold war and hot inflation’ appeared first on ForexTV .

Gold futures climbed sharply on Thursday, topping the key $1,900 mark to settle at their highest since June of last year. "If Russia invades Ukraine, it will come with sanctions that will see the country all but locked out of the global financial system," said Kyle Roda, market analyst at IG, in emailed commentary. "For many, stores of value will be required, and the Russian central bank might be forced to sell dollars and increase its gold reserves." April gold rose $30.50, or 1.6%, to settle at $1,902 an ounce. Prices based on the most-active contract settled at their highest since early June of last year, FactSet data show. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Preston Narainsamy of Nedbank Private Wealth talks about the US inflation saga, bond yields, and the gold price holding strong as investors search for a safe haven.

Gold could be in the midst of a major breakout. Bitcoin falls further