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Artwork for The Macro Brief by HSBC Global Research

The Macro Brief by HSBC Global Research

HSBC Global Research
Artificial Intelligence
China
India
Productivity
Federal Reserve
European Gas Market
Inflation
United States
Healthcare
UK General Election
European Economy
Hong Kong
US Presidential Election
Gold
European Central Bank
Fiscal Policy
International Trade
Urbanization
Infrastructure
Vietnam

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

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PublishesWeeklyEpisodes133Founded3 years ago
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InvestingBusinessManagement

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Artwork for The Macro Brief by HSBC Global Research

Latest Episodes

Murat Ulgen and Ali Cakiroglu look at whether geopolitical developments have dampened investor sentiment towards emerging market assets.

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

Joseph Incalcaterra, Daniel Lavarda and Jose Carlos Sanchez from our LatAm team look at what’s behind the pick-up in investor interest in the region.

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

Kim Fustier and Parash Jain look at what the Middle East conflict means for oil and gas prices, transport and logistics.

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

Liz Martins, Senior UK Economist, looks at whether a pick-up in the latest data marks a turning point for Europe’s economies.

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

Key Facts

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Recent Guests

Daniel Lavarda
Head of economics research in Brazil
HSBC Global Research
Episode: LatAm’s moment?
Jose Carlos Sanchez
Mexico economist
HSBC Global Research
Episode: LatAm’s moment?
Kim Fustier
Senior Oil and Gas Analyst
HSBC Global Research
Episode: The Middle East: energy and shipping
Parash Jain
Global Head of Transport and Logistics Research
HSBC Global Research
Episode: The Middle East: energy and shipping
Steve Bersey
Head of US Technology Research
HSBC Global Research
Episode: Can AI replace software?
Ali Cakiroglu
Emerging Market Strategist
HSBC Global Investment Research
Episode: The case for emerging markets
Nicolas Cote-Colisson
Head of Global Tech Platforms Research
Episode: Global tech trends
Janet Henry
Global Chief Economist at HSBC
HSBC
Episode: The global economy in 2026
Joseph Incalcaterra
Head of Latam Macro Strategy
HSBC Global Investment Research
Episode: The LatAm low-down with Joseph Incalcaterra

Hosts

Piers Butler
Host of The Macro Brief.
Aline van Dijn
Host of The Macro Brief.
Piers Bartlett
Host of The Macro Brief.

Chart Rankings

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

Apple Podcasts
#184
Australia/Business/Investing
Apple Podcasts
#50
South Korea/Business/Investing
Apple Podcasts
#103
India/Business/Investing
Apple Podcasts
#106
Argentina/Business/Investing
Apple Podcasts
#132
Hong Kong/Business/Investing
Apple Podcasts
#140
Indonesia/Business/Investing
Apple Podcasts
#170
Singapore/Business/Investing
Apple Podcasts
#177
South Korea/Business
Apple Podcasts
#199
Ukraine/Business/Investing
Apple Podcasts
#220
Hong Kong/Business

Talking Points

Recent interactions between the hosts and their guests.

LatAm’s moment?
Q: When are those USMCA discussions expected to get into the weeds, and what could that mean for Mexico?
We expect formal discussions to kick off in March with a window opening officially on July 1st; a positive schedule could support Mexican assets and reinforce ties with the US, while renewed attention to USMCA will shape the currency and broader risk sentiment for Mexico.
LatAm’s moment?
Q: So Joseph, you've spoken to many investors in recent weeks about Latin America. Why are they so interested in the region?
Investors are drawn by resilient growth dynamics, improving external fundamentals, and a series of elections that could steer policy toward reforms and market-friendly outcomes, with LatAm also seen as a relative refuge amid a globally complex geopolitical backdrop.
The Middle East: energy and shipping
Q: Why is the impact strongest for oil and gas importing countries in Asia, and what does that mean for the region?
Asia faces the greatest exposure due to high reliance on Gulf crude and LNG, with 50% of crude imports and significant LNG shares for major economies; disruption translates into higher energy and transport costs and broader inflationary pressures in key economies like China and India.
The Middle East: energy and shipping
Q: So how long might it take for capacity to respond to the disruption, considering the lead times for new orders?
Lead times are long, with a decade-high orderbook for ships signaling limited quick capacity additions; the overall market could see shifts in routing and slow rebalancing over months rather than weeks, with freight rates remaining elevated as supply chains adapt.
The USD’s struggle
Q: How do emerging market currencies relate to the dollar's performance?
Emerging market currencies, particularly in Latin America, are expected to perform well as investor confidence grows amid a busy political cycle and favorable commodity prices.

Audience Metrics

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

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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?

Insights rooted in macroeconomic analysis are at the forefront, with discussions navigating critical issues affecting both developed and emerging markets. Topics frequently covered include global economic trends, the evolution and regulation of digital assets, the implications of fiscal and monetary policies, and the transformative impact of technologies such as artificial intelligence. Episodes often feature expert guests who provide perspectives on policy decisions, market dynamics, and geopolitical shifts. This podcast is particularly noteworthy for bringing together a mix of statistical insight, policy analysis, and real-time economic developments, making it a valuable resource for listeners interested in finance, economics, and global ... more

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

1. Daniel Lavarda
2. Jose Carlos Sanchez
3. Kim Fustier
4. Parash Jain
5. Steve Bersey
6. Ali Cakiroglu
7. Nicolas Cote-Colisson
8. Janet Henry

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