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Bloomberg Markets

Copper Erases Wartime Loss as Traders Eye Peace Talks and Demand

Copper Erases Wartime Loss as Traders Eye Peace Talks and Demand
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Copper advanced to erase losses sustained since the war in the Middle East began more than six weeks ago, buoyed by renewed plans for peace talks and demand from electrification projects.

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Bloomberg Markets

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HSBC Asia and Middle East Co‑CEO David Liao says the bank’s broader customer base has shifted into "risk‑off mode" amid the Iran conflict. However, he notes that the balance sheets remain fairly stable across both wholesale and retail businesses. Liao spoke to Bloomberg on the sidelines of the HSBC Global Investment Summit in Hong Kong. (Source: Bloomberg)

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