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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
European Economy
Hong Kong
US Presidential Election
Gold
European Central Bank
Fiscal Policy
International Trade
Urbanization
Infrastructure
Vietnam
Mexico

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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PublishesWeeklyEpisodes130Founded3 years ago
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InvestingBusinessManagement

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Artwork for The Macro Brief by HSBC Global Research

Latest Episodes

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

Paul Mackel, Global Head of FX Research, looks at what’s causing USD weakness and which currencies could stand to benefit.

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

Stephen Bersey, Head of US Technology Research, looks at whether fears that artificial intelligence could upend the business modes of software vendors are justified.

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

The economics team takes over the studio this week, with Chris Hare, Liz Martins and Fabio Balboni discussing the latest Bank of England and ECB meetings.

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

Key Facts

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Recent Guests

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
Simon Wells
Chief European Economist
HSBC Global Investment Research
Episode: Europe on a mission
Alastair Pinder
Head of emerging markets and global equity strategist.
HSBC Global Investment Research
Episode: How AI can mitigate tariff costs
Paul Bloxham
Chief Economist for Australia, New Zealand, and Global Commodities
HSBC Global Research
Episode: Commodities, tariffs & trade
Pranjul Bhandari
Chief India Economist
HSBC Global Research
Episode: India’s global integration

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
#122
United Kingdom/Business/Investing
Apple Podcasts
#119
France/Business/Investing
Apple Podcasts
#56
Hong Kong/Business/Investing
Apple Podcasts
#101
Indonesia/Business/Investing
Apple Podcasts
#103
Saudi Arabia/Business/Investing
Apple Podcasts
#103
Switzerland/Business/Investing
Apple Podcasts
#153
Hong Kong/Business
Apple Podcasts
#189
Switzerland/Business
Apple Podcasts
#227
India/Business/Investing
Apple Podcasts
#228
Spain/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

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.
The USD’s struggle
Q: What factors are contributing to the current weakness of the US dollar?
Factors include US policy uncertainty, economic conditions influencing yield differentials, and foreign investors' hesitance about dollar-denominated assets.
Can AI replace software?
Q: Is there also an issue that people are saying AI is making potentially complex procedures simpler?
Yes, the cost of production is declining and programmers are becoming more productive, thereby challenging the software industry's value proposition.
The case for emerging markets
Q: What concerns are investors expressing regarding the emerging markets outlook?
Investors are worried about a potential recession in major economies and geopolitical developments affecting market pricing.
The case for emerging markets
Q: How good was the performance of emerging markets in 2025?
Emerging markets had a great year, outperforming developed markets with gains of 27% in equities and 17% in fixed income.

Audience Metrics

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Listeners per Episode
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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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1. Under the Banyan Tree by HSBC Global Research
2. The Markets
3. Bloomberg Daybreak: Europe Edition
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The Macro Brief by HSBC Global Research launched 3 years ago and published 130 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. Steve Bersey
2. Ali Cakiroglu
3. Nicolas Cote-Colisson
4. Janet Henry
5. Joseph Incalcaterra
6. Simon Wells
7. Alastair Pinder
8. Paul Bloxham

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