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HSBC HOLDINGS Georges Elhedery Opines Iran War Undermining Global Confidence, Concerned About Spillover to Fertilizer/ Other Commodity Prices
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HSBC HOLDINGS (00005.HK) CEO Georges Elhedery commented that the Middle East conflict and broader uncertainties are beginning to erode client confidence, foreign media reported. He expressed sorrow and concern over the situation in the Middle East, noting that he is worried not only about the situation itself but also about how long the conflict will last. Some of these uncertainties have already started to weigh on overall public confidence. He added that he is concerned the conflict could have spillover effects globally. The impact may not be limited to oil and refined product prices, but could also affect the prices of fertilizers and metals. Auto-translated by AI AASTOCKS Financial News |
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