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Artwork for The Macro Brief by HSBC Global Research

The Macro Brief by HSBC Global Research

HSBC Global Research
Inflation
Tariffs
Artificial Intelligence
China
Federal Reserve
Emerging Markets
UK Economy
India
United States
European Central Bank
Global Economy
Bank Of England
Germany
Gold
S&P 500
US Dollar
Fiscal Policy
Interest Rates
Monetary Policy
European Economy

A weekly update on key macro issues influencing developed and emerging markets around the world. Our economists, strategists and analysts share their insights, views and ideas to help guide your outlook. Subscribe now.

For more from HSBC Global Research, email us at AskResearch@hsbc.com

Stay connected and access free to view reports and videos from HSBC Global Research follow us on LinkedIn https:... more

PublishesWeeklyEpisodes152Founded3 years ago
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InvestingBusinessManagement

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Artwork for The Macro Brief by HSBC Global Research

Latest Episodes

Ryan Wang and Dhiraj Narula consider the outlook for US interest rates and bond yields against a backdrop of heightened uncertainty.

For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to... more

Alastair Pinder, Dhiraj Narula and Saul Martinez assess the tug-of-war behind US equity market performance - from AI capex spend, to higher rates, to the extraordinary earnings cycle for US financials.

For more content from HSBC Global Investment Res... more

Liz Martins, Senior UK Economist, assesses the state of the UK economy as Andy Burnham prepares to take over as Prime Minister.

For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to foll... more

James Pomeroy and Shanella Rajanayagam look at what the latest data tell us about the global economy and review where key trade negotiations stand.

For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And ... more

Key Facts

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Number of Listeners
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Recent Guests

Alastair Pinder
Global Equity Strategist
HSBC Global Research
Episode: Competing US narratives
Saul Martinez
Head of US Financials Research
HSBC Global Research
Episode: Competing US narratives
Dhiraj Narula
US Rate Strategist
HSBC Global Research
Episode: Competing US narratives
Liz Martins
Senior UK Economist
HSBC Global Research
Episode: The UK's new team
James Pomeroy
Global economist
HSBC Global Research
Episode: Competing global forces
Fred Newman
Chief Asia economist, host of Under the Banyan Tree
HSBC Global Research
Episode: The Fed under new management
Rajesh Kumar
Head of Life Sciences and Healthcare Equity Research
HSBC Global Investment Research
Episode: Future healthcare in focus
Paul Bloxham
Chief Economist for Global Commodities Australia and New Zealand
HSBC
Episode: Fuel, food and fertilisers
Murat Ulgen
Global Head of Macro Strategy
HSBC Global Research
Episode: Talking points from - HSBC Global Investment Summit

Hosts

Piers Butler
Host with HSBC Global Research/HSBC Global Investment Research background
Aline van Dijn
Host of The Macro Brief with focus on HSBC Global Research/HSBC Global Investment Research

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#166
Italy/Business/Investing
Apple Podcasts
#243
France/Business/Investing
Apple Podcasts
#167
Hong Kong/Business/Investing
Apple Podcasts
#167
Spain/Business/Investing
Apple Podcasts
#172
Norway/Business/Investing
Apple Podcasts
#196
Japan/Business/Investing
Apple Podcasts
#235
India/Business/Investing
Apple Podcasts
#236
Mexico/Business/Investing
Apple Podcasts
#242
Indonesia/Business/Investing
Apple Podcasts
#246
Poland/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

Competing global forces
Q: What is driving global growth and which economies are faring best or worst?
Growth is being supported by AI-related investment and resilient consumer spending in the US, while Europe lags; oil price path and the Strait of Hormuz dynamics are key downside/upside drivers in the near term.
The UK's new team
Q: What fiscal constraints are shaping the new administration's room to maneuver?
The main constraints are high debt servicing costs and the need to balance fiscal rules, which limit options for new spending, tax changes, or welfare cuts without impacting market perceptions.
The UK's new team
Q: What is the core argument for devolving power to local authorities?
The core argument is that giving power to local mayors and authorities creates an incentive to grow, compete for investment, and deliver local projects, with the rewards and decision-making tied to the region's own outcomes.
Europe’s dovish turn?
Q: What regional differences are you seeing within Europe that listeners should watch for in the second half of the year?
Spain and Italy may continue to benefit from delayed use of EU funds, while Germany's infrastructure and defense-related spending interacts with a slower overall growth environment, creating divergence within the Euro area.
Europe’s dovish turn?
Q: How does fiscal policy influence the ECB's rate path in the coming year, especially with respect to growth headwinds?
Fiscal policy is shifting from a tailwind to a headwind as expansionary measures wane, which could reduce the justification for further hikes and support a softer policy stance.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

Listeners per Episode
Gender Skew
Location
Interests
Professions
Age Range
Household Income
Social Media Reach

Frequently Asked Questions About The Macro Brief by HSBC Global Research

What is The Macro Brief by HSBC Global Research about and what kind of topics does it cover?

This show delivers weekly macro insights across developed and emerging markets, with a strong emphasis on policy shifts, inflation dynamics, energy markets, and global trade. Episodes frequently feature HSBC researchers and guests who unpack tariff developments, healthcare and AI-driven disruption, commodity shocks, and currency dynamics, translating complex macro themes into actionable implications for investors and business leaders. A notable pattern is the blend of scenario-based analysis and timely market color, often tying policy developments to real-world outcomes like trade flows, equity markets, and FX trends. The format tends to mix rigorous macro analysis with practical takeaways, making it useful for listeners who need to underst... more

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2. HSBC Global Viewpoint
3. Making Sense
4. Barclays Brief
5. Unhedged

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The Macro Brief by HSBC Global Research launched 3 years ago and published 152 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on The Macro Brief by HSBC Global Research?

Recent guests on The Macro Brief by HSBC Global Research include:

1. Alastair Pinder
2. Saul Martinez
3. Dhiraj Narula
4. Liz Martins
5. James Pomeroy
6. Fred Newman
7. Rajesh Kumar
8. Paul Bloxham

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