The Macro Brief by HSBC Global Research
Episodes
Has Europe turned a corner?
05 Apr 2024
Contributed by Lukas
Chris Hare, Senior European Economist, assesses the region’s prospects with inflation close to target and policymakers on the brink of cutting rates...
Ready for rate cuts?
28 Mar 2024
Contributed by Lukas
With the major central banks poised to begin their rate cutting cycles, we assess the outlook for the world economy with Janet Henry, Global Chief Eco...
Shifting supply chains
22 Mar 2024
Contributed by Lukas
Shanella Rajanayagam, Trade Economist, looks at how supply chains are reconfiguring globally and assesses the extent to which countries are moving pro...
Can cities absorb a billion people?
15 Mar 2024
Contributed by Lukas
With urban populations set to rise dramatically over the next decade, James Pomeroy, Global Economist, looks at what cities need to do to unlock their...
The UK’s narrow margins
08 Mar 2024
Contributed by Lukas
Simon Wells, Chief European Economist, assesses the state of the UK’s public finances following this week’s highly anticipated budget.For more con...
AI: risks, rewards and regulations
01 Mar 2024
Contributed by Lukas
We look at whether artificial intelligence can outperform human analysis of big data, what it might bring to the field of weather forecasting, and wha...
Countdown to the US elections
23 Feb 2024
Contributed by Lukas
With November’s elections looming, we assess the state of play, key policy issues and implications for the Federal Reserve and the US dollar with Ry...
Solving the productivity puzzle
16 Feb 2024
Contributed by Lukas
Chris Hare, Senior European Economist, looks at why productivity in the UK and eurozone has lagged behind the US – and what can be done to address i...
The baby bust intensifies
09 Feb 2024
Contributed by Lukas
James Pomeroy, Global Economist, looks at how declining birth rates around the world are creating tough challenges for governments and economies.For m...
Timing of rate cuts
02 Feb 2024
Contributed by Lukas
We assess the potential path of monetary policy on both sides of the Atlantic with Ryan Wang, US Economist, and Liz Martins, Senior UK Economist.For m...
To cut or not to cut?
26 Jan 2024
Contributed by Lukas
With investors hoping for substantial interest rate cuts in 2024, Stephen King, Senior Economic Adviser, examines the dangers of premature monetary ea...
The allure of AI
19 Jan 2024
Contributed by Lukas
Mark McDonald, Head of Data Science and Analytics, looks at the sectors that are catching the eye of venture capital investors and the latest developm...
Talking Trade
12 Jan 2024
Contributed by Lukas
Shanella Rajanayagam, Trade Economist, considers whether a recovery is in sight for global trade in 2024 - and discusses the key risks to watch.For mo...
The global economy in 2024
05 Jan 2024
Contributed by Lukas
Janet Henry, Global Chief Economist, assesses the complicated backdrop facing policymakers as they attempt to keep inflation on a steady downward traj...
EM cash looking for catalysts
15 Dec 2023
Contributed by Lukas
Murat Ulgen, Global Head of Emerging Markets Research, assesses the results from our latest survey of EM investors and examines why they are seemingly...
Funding the future revisited
08 Dec 2023
Contributed by Lukas
This week, we’re replaying one of our most popular episodes of the year. Mark McDonald, Head of Data Science and Analytics, looks at how venture cap...
Net zero gamechangers
01 Dec 2023
Contributed by Lukas
James Pomeroy, Global Economist, looks at key themes that we track here at HSBC Global Research - from the Energy Transition to Disruptive Technology ...
The UK's spending spree
24 Nov 2023
Contributed by Lukas
Liz Martins, Senior UK Economist, dissects the UK’s Autumn Statement made by Chancellor Jeremy Hunt and considers whether the giveaways offered are ...
A glimpse into 2024
17 Nov 2023
Contributed by Lukas
Max Kettner, Chief Multi-Asset Strategist, looks at what could be in store for risk assets next year and considers some of the push back he has been g...
Risks and equity markets
10 Nov 2023
Contributed by Lukas
Alastair Pinder, Head EM and Global Equity Strategist, looks at how we can identify which macro and geopolitical risks are priced into stocks.For more...
The hype around hydrogen
03 Nov 2023
Contributed by Lukas
Samantha Hoh, Senior Clean Tech Analyst, looks at how the US is driving ahead in its aim to develop a clean hydrogen economy.For more content from HSB...
The UK’s holding pattern and the USD’s false summit
27 Oct 2023
Contributed by Lukas
Liz Martins considers how the latest macro data could affect the UK’s next rate decision, and Daragh Maher looks at whether the dollar can continue ...
Europe's inflation fight
20 Oct 2023
Contributed by Lukas
Simon Wells assesses the efforts of European and UK policymakers to bring inflation under control.For more content from HSBC Global Research, follow u...
Forces for growth in India and Indonesia
13 Oct 2023
Contributed by Lukas
In this edition, Janet Henry chats with Pranjul Bhandari about the outlook for growth in India, the world's most populous economy, and Indonesia, whic...
EM’s rough ride
06 Oct 2023
Contributed by Lukas
Murat Ulgen looks at whether there are any signs of respite for emerging market assets with challenges continuing to mount up.For more content from HS...
What next for the global economy?
29 Sep 2023
Contributed by Lukas
Janet Henry, Global Chief Economist, examines the economic outlook with major central banks set to keep interest rates high for a prolonged period.For...
Oil's surge
22 Sep 2023
Contributed by Lukas
We look at what’s behind the recent oil market rally with Kim Fustier, Head of European Oil and Gas Research, and ask where prices could go from her...
The UK's tough choices
15 Sep 2023
Contributed by Lukas
Liz Martins assesses the daunting list of challenges facing the UK economy with sluggish growth, high inflation, elevated interest rates and a heavy d...
Return of the King dollar
08 Sep 2023
Contributed by Lukas
Paul Mackel outlines our latest thinking on the currency markets and examines whether the US dollar’s comeback can continue.For more content from HS...
The future of work
01 Sep 2023
Contributed by Lukas
James Pomeroy, Global Economist, assesses the potential impact of remote working and technological change on the labour market.For more content from H...
Funding the future
11 Aug 2023
Contributed by Lukas
Mark McDonald, Head of Data Science and Analytics, looks at how venture capital is helping to fuel transformative technology and business innovation.F...
A tale of two central banks
04 Aug 2023
Contributed by Lukas
Liz Martins, Ana Madeira and Joseph Incalcaterra assess the diverging policy paths in the UK and Brazil - with one central bank hiking and the other c...
At the peak?
28 Jul 2023
Contributed by Lukas
Ryan Wang and Fabio Balboni examine how close we are to the end of the monetary tightening cycles in the US and Europe.For more content from HSBC Glob...
What next for emerging markets?
21 Jul 2023
Contributed by Lukas
Murat Ulgen looks at what we can expect from emerging markets in the second half of the year amid lingering concerns over the global economic backdrop...
Supply chains, energy outlook, ESG sentiment
17 Jul 2023
Contributed by Lukas
James Pomeroy explains why there has been a remarkable turnaround in supply chains, Charles Swabey examines just how reliant the global economy is on ...
Where in the world is inflation not a problem?
07 Jul 2023
Contributed by Lukas
The HSBC Global Research team reviews how the dollar's performance may affect the course of EM currencies in the second half of 2023, and highlights w...
The global economic outlook
30 Jun 2023
Contributed by Lukas
Janet Henry, HSBC’s Global Chief Economist, assesses whether tightening cycles are nearly complete, the prospects for growth, and some of the upside...
Inflation headaches and China challenges
23 Jun 2023
Contributed by Lukas
Chris Hare, Senior European Economist, and Jorge Morgenstern, Senior LatAm Economist, look at how the latest inflation figures present contrasting out...
EM investor attitudes, the rise of the drones, central bank update
16 Jun 2023
Contributed by Lukas
Murat Ulgen assesses the findings from our latest survey of EM investors, Davey Jose explains why the commercial and consumer drone market is poised f...
China’s recovery, the Fed's outlook, dollar drivers
15 Jun 2023
Contributed by Lukas
Jing Liu looks at how policymakers can boost confidence in China's recovery, Ryan Wang explains why the US rate hiking cycle is not yet over and Domin...
EM FX gets a dose of reality, Germany enters recession, Europe’s data surprises
02 Jun 2023
Contributed by Lukas
Paul Mackel examines the prospects for emerging market currencies, Stefan Schilbe looks at what’s behind Germany’s underperformance and Liz Martin...
European hikes, US debt limit, China’s recovery
31 May 2023
Contributed by Lukas
Simon Wells explains why we see even more ECB and UK rate rises this year, Ryan Wang looks at whether the US is any closer to reaching an agreement on...