The Macro Brief by HSBC Global Research

Piers swaps London for Hong Kong this week as he catches up with Jing Liu , Chief Economist for Greater China, and Ines Lam , Asia Economist, to challenge some of the common narratives around China and Asia's economies. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan...

Ryan Wang , Dhiraj Narula and Alastair Pinder look at what the Democrats' sweep of Congress could mean for the US economy and markets with fiscal issues and data center regulations sharply in focus. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTub...

Joseph Incalcaterra , Head of LatAm Macro Strategy, joins Aline van Duyn to assess the region's outlook following Lula da Silva's re-election as Brazil's president. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or Spot...

Shanella Rajanayagam , Senior Trade Economist, assesses whether economies have been successful in de-risking and diversifying their supply chains amid various trade shocks. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or Spotify...

Ryan Wang , US Economist, and Alastair Pinder, Head EM and Global Equity Strategist, look at the impact of high bond yields and AI investment on the US economy and global stock markets. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcast...

From renewable tech to weight-loss drugs to AI-driven savings for consumers, James Pomeroy , Global Economist, outlines the long-term trends he’s watching and their impact on how we track the economy. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube...

Ali Cakiroglu , Emerging Markets Strategist, examines the outlook for EM assets as investors weigh geopolitical risks, tightening monetary policy and soaring bond yields. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or Spotify or...

Janet Henry , Global Chief Economist, looks at how resilient growth and rising inflation risks have revived prospects for policy rate increases. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or Spotify or wherever you get your pod...

Piers welcomes Chief India Economist Pranjul Bhandari to the studio to discuss the factors shaping India's economic outlook – from its growth resilience to its quest for export competitiveness. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or S...

James Steel, Chief Precious Metals Analyst, looks at what what’s been driving large swings in gold prices this year – and why there could be more volatility ahead. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or Spotify or wherever you get you...

In our New York studio, Ryan Wang , Dhiraj Narula and Alastair Pinder join Aline van Duyn to discuss the outlook for US interest rates and their implications across bond markets, equities and the broad economy. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Ap...

Following another solid US earnings season, Shiva Joon and Duncan Toms look at what’s driving the results, how AI is influencing performance, and the main themes companies are focusing on in their updates. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple P...

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 follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or Spotify or wherever you get your podcasts.   Email us at...

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 Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podc...

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 follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or Spotify or wherever you get your podcasts.   Email us at AskR...

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 don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or Spotify or wherever you get your podcasts. &nbs...

Simon Wells , Chief European Economist, assesses the region’s prospects going into the second half of the year and explains why we think rate rises are off the table. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or Spotify or wherever you get...

Janet Henry , Global Chief Economist, looks at some of the powerful forces affecting the world economy, while Ali Cakiroglu , Emerging Markets Strategist, assesses the implications for EM investors. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts...

As the Federal Reserve begins a new era with Kevin Warsh at the helm, our team looks at his communication style and how the narrative has changed from potential rate cuts to possible rate hikes. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or...

Following the European Central Bank’s first rate hike for nearly three years, Chris Hare , Senior European Economist, looks at whether there is more tightening to come. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or Spotify or wherever you ge...

With the US’s 10% global tariff set to expire this July, Shanella Rajanayagam , Trade Economist, looks at which US tariffs are currently in effect - and what could be coming down the line. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or Spotif...

From the rise of anti-obesity drugs to the impact of AI, Rajesh Kumar , Senior Global Life Sciences & Healthcare Analyst, looks at how the global healthcare industry is evolving at pace. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or Spot...

Janet Henry, Global Chief Economist, and Simon Wells , Chief European Economist, look at how central banks are set to react to growing upside risks to inflation and downside risks to growth. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or Spot...

Alastair Pinder, Head EM and Global Equity Strategist, explores how artificial intelligence is driving stock markets to record highs - even amidst a global energy shock. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or Spotify or wherever you g...

With the US and Iran reportedly edging towards a deal, Kim Fustier and Shanella Rajanayagam consider the implications of the conflict on oil prices and global trade. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or Spotify or wherever you get y...