Stock markets are showing anxiety over the geo-political situation emanating out of West Asia. Turmoil in the Middle East and North Africa has led to a spike in commodities and a sell-off across markets.
In an interview with CNBC-TV18, Philip Poole, Global Head of Emerging Markets, HSBC gave his perspective on the markets going forward. Below is a verbatim transcript. Also watch the accompanying video. Q: What is your estimate of how much more of escalation crude could see? A: ItDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!