The Macro Brief by HSBC Global Research

From the latest innovations to the investment strategies of big tech giants, Nicolas Cote-Colisson , Head of Global Tech Platforms Research, outlines what to watch out for in the tech sector this year. 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 Podca...

From inflation and monetary policy to trade and AI, Janet Henry , Global Chief Economist, looks at the factors set to shape the world economy this year. 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....

Daragh Maher , Head of Digital Assets Research, assesses the latest developments in the digital assets space and outlines what we should be looking out for in 2026. 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 Apple Podcasts or Spotify or wherever you get your podcast...

Our US team identifies key issues to watch in 2026 – from what the Federal Reserve will do next, to whether the AI bubble will burst, to US fiscal friction. 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 Apple Podcasts or Spotify or wherever you get your podcasts. &nbsp...

Can AI trade FX? Is the future 'agentic'? And are we seeing a bubble? Mark McDonald , Head of AI and Data Science, and Yuning Ba i, Data Scientist, discuss recent developments in artificial intelligence. 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 Apple Podcasts or S...

Liz Martins , Senior UK Economist, and Nick Andrews , Senior FX Strategist, talk through the key takeaways from the UK's highly anticipated budget. 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 Apple Podcasts or Spotify or wherever you get your podcasts.   Email u...

Paul Mackel , Global Head of FX Research, and Joseph Incalcaterra , Head of LatAm Macro Strategy, look at what's in store for the major currencies in 2026. 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 Apple Podcasts or Spotify or wherever you get your podcasts.  ...

Shiva Joon , Data Scientist, and Duncan Toms , Multi-Asset Strategist, look at how artificial intelligence is helping to drive the stellar performance of many US companies. 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 Apple Podcasts or Spotify or wherever you get your...

James Pomeroy , Global Economist at HSBC, looks at three technologies that could dramatically transform the economy in the longer term - humanoid robots, autonomous driving and quantum computing. 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 Apple Podcasts or Spotify o...

In this US special, Ryan Wang , US Economist, and Alastair Pinder , Head EM and Global Equity Strategist, discuss the Fed’s next move, the impact of the government shutdown and fears of an AI bubble. 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 Apple Podcasts or Spoti...

Fresh from attending the IMF-World Bank annual meetings, Janet Henry, Murat Ulgen and Paul Mackel stop by our New York studio with updates on US resilience, AI, tariffs, EM, defaults and more. 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 Apple Podcasts or Spotify or w...

Sean McLoughlin, Senior Global Industrials Analyst, explains how the boom in AI and cloud computing is fuelling a reacceleration in global capital expenditure. 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 Apple Podcasts or Spotify or wherever you get your podcasts. &n...

Fresh from HSBC's inaugural Brazil Forum, Head of LatAm Macro Strategy Joseph Incalcaterra joins Aline van Duyn to discuss the macro landscape across Latin America's key 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 Tree" on Apple Podcasts or Spotify or wherever you...

Simon Wells , Chief European Economist, assesses the growth outlook for the region and the contrasting fortunes of the ECB and Bank of England in their bid to tame inflation. 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 Apple Podcasts or Spotify or wherever you get yo...

Janet Henry , Global Chief Economist, looks at how the world economy is muddling through despite substantial challenges, while Ali Cakiroglu , Emerging Markets Strategist, explains why investors are becoming more bullish on EM assets. 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 Bany...

Daragh Maher , Head of Digital Assets Research, discusses which of the competing visions for digital money could become the most dominant. 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 Apple Podcasts or Spotify or wherever you get your podcasts.   Email us at AskR...

Ahead of the Federal Reserve’s September meeting, US economist Ryan Wang assesses the potential pace of interest rate cuts and the implications of the growing US deficit. 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 Apple Podcasts or Spotify or wherever you get your p...

From sticky inflation to precarious public finances, Liz Martins , Senior UK Economist, assesses the UK’s financial troubles as the country looks ahead to an Autumn Budget. 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 Apple Podcasts or Spotify or wherever you get your...

Alastair Pinder , Head Global and EM Equity Strategist, looks at some surprising connections between AI and tariffs and how they are changing the way companies operate. 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 Apple Podcasts or Spotify or wherever you get your pod...

James Pomeroy , Global Economist, examines whether the frontloading of global trade in the first half of the year could unravel as new tariffs kick in. 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 Apple Podcasts or Spotify or wherever you get your podcasts.   Ema...

Chris Hare , Senior European Economist, and Paul Mackel , Global Head of FX Research, talk through the potential implications of the US-EU trade deal. For more content from HSBC Global Investment Research, follow us on LinkedIn: #HSBCResearch . And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on Apple Podcasts or Spotify or wherever you get your podcasts.   Email us...

With fresh US tariffs due to come into effect on 1 August, Alastair Pinder , Head EM and Global Equity Strategist, looks at how markets are pricing in heightened uncertainty. For more content from HSBC Global Investment Research, follow us on LinkedIn: #HSBCResearch . And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on Apple Podcasts or Spotify or wherever you get your p...

Against a backdrop of continuing uncertainty, James Pomeroy , Global Economist, explains whether the latest data – and the price of bananas - provide any clues about state of the economy. For more content from HSBC Global Investment Research, follow us on LinkedIn: #HSBCResearch . And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on Apple Podcasts or Spotify or wherever y...

Ryan Wang , US Economist, talks through the latest in the US – including “phase two” of tariffs, tax cuts and deficits, and the path of rate cuts. For more content from HSBC Global Investment Research, follow us on LinkedIn: #HSBCResearch . And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on Apple Podcasts or Spotify or wherever you get your podcasts.   Email us at...

With global markets seemingly unruffled by recent shocks, Janet Henry and Simon Wells look at the key risks that could surprise policymakers and investors over the next few months. For more content from HSBC Global Investment Research, follow us on LinkedIn: #HSBCResearch . And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on Apple Podcasts or Spotify or wherever you get...