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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
Infrastructure
Urbanization
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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PublishesWeeklyEpisodes136Founded3 years ago
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BusinessInvestingManagement

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Artwork for The Macro Brief by HSBC Global Research

Latest Episodes

James Pomeroy looks at whether the latest data can give us any clues about how the Iran conflict is impacting the global economy, while Pranjul Bhandari assesses the implications for India.

For more content from HSBC Global Investment Research, just ... more

Paul Mackel, Global Head of FX Research, looks at how the currency markets have reacted to geopolitical tensions.

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

Janet Henry, Global Chief Economist, looks at what the unprecedented energy shock means for the economic outlook.

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

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

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Recent Guests

Joseph Incalcaterra
Head of Latam Macro Strategy
HSBC Global Research
Episode: LatAm’s moment?
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
Simon Wells
Chief European Economist
HSBC Global Investment Research
Episode: Europe on a mission

Hosts

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

Chart Rankings

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

Apple Podcasts
#96
United Kingdom/Business/Investing
Apple Podcasts
#39
Hong Kong/Business/Investing
Apple Podcasts
#49
Chile/Business/Investing
Apple Podcasts
#61
Sweden/Business/Investing
Apple Podcasts
#64
India/Business/Investing
Apple Podcasts
#103
Hong Kong/Business
Apple Podcasts
#153
Mexico/Business/Investing
Apple Podcasts
#185
Chile/Business
Apple Podcasts
#211
Argentina/Business/Investing
Apple Podcasts
#213
United Arab Emirates/Business/Investing
Apple Podcasts
#217
Poland/Business/Investing
Apple Podcasts
#218
Singapore/Business/Investing
Apple Podcasts
#218
Sweden/Business
Apple Podcasts
#235
Saudi Arabia/Business/Investing
Apple Podcasts
#240
India/Business
Apple Podcasts
#246
South Korea/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

Shock to the system
Q: Which scenario have you based your forecasts on?
The forecasts are built around multiple scenarios, including a central path and an uglier one where energy prices remain high longer, with the general expectation that inflation peaks soon and then moderates depending on oil prices and policy responses.
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.

Audience Metrics

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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?

This show provides practical, data-driven macro analysis from HSBC Global Research, focusing on how global economics, inflation dynamics, monetary policy, energy markets, and geopolitical shifts shape asset markets across developed and emerging economies. Episodes frequently feature HSBC economists and strategists offering scenario analysis, regional deep dives (Latin America, Europe, EMs), and actionable takeaways for investors and corporate decision-makers. A recurring strength is linking policy signals, energy dynamics, and currency movements to risk premia, cross-asset implications, and the trajectory of growth. The format leans into clear, top-line insights plus tactical considerations for traders, asset allocators, and corporate strat... more

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2. Global Data Pod
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4. Making Sense
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The Macro Brief by HSBC Global Research launched 3 years ago and published 136 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. Joseph Incalcaterra
2. Daniel Lavarda
3. Jose Carlos Sanchez
4. Kim Fustier
5. Parash Jain
6. Steve Bersey
7. Ali Cakiroglu
8. Nicolas Cote-Colisson

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