Global stocks extend sell-off as U.S. warns of imminent Russian invasion of Ukraine

Global stocks extended a sell-off, the yen strengthened, and U.S. Treasury prices rose on Thursday as investors sought shelter in safe-haven assets amid growing fears of a full-scale Russian invasion of Ukraine.  

Global stocks extend sell-off as U.S. warns of
Asset markets have seen a sharp increase in volatility, with oil racing to near $100 per barrel and the Cboe Volatility Index, known as Wall Street`s fear gauge, up more than 55% over the past nine days. Source: Reuters

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