Top News | Feb 12, 2016
LGT Navigator: Another round in worldwide sell-off
The sell-off on global equity markets continued on a lack of positive impulses and disappointing earnings results (e.g. Société Générale). Investors fled to safe havens, such as gold (highest since May of last year), Japanese yen or Swiss franc. The euro climbed to a 4-month high versus the US dollar, while oil prices declined.