FT: Gold, bonds bounce as Putin hits out at Turkey
Safe haven trades are finding some favour on Tuesday.
Turkey's shooting down of a Russian fighter jet early on Tuesday has prompted a forceful verbal response from Russian president Vladimir Putin, underlining geopolitical strains.
Investors' have given their instant verdict, by pushing equities further down, prices for government bonds further up and gold higher.
The FTSEurofirst 300 Index down 1.6 per cent, the German ten-year bond yield down 3.2 per cent at 0.5 per cent and the gold price up 0.7 per cent at $1,075.90 at pixel time.
