The Macro Brief by HSBC Global Research

Simon Wells assesses the efforts of European and UK policymakers to bring inflation under control.For more content from HSBC Global Research, follow us on LinkedIn: #HSBCResearchDisclosures and Disclaimers: https://www.research.hsbc.com/R/61/kzdSDbW Hosted on Acast. See acast.com/privacy for more information.

Janet Henry chats with Pranjul Bhandari about growth prospects in India and Indonesia, focusing on demographic factors, modern services' spillover effect on manufacturing, job market strength, urban growth, and the impact of oil prices. The speakers also discuss India's external finances and the potential for higher growth in the next decade. Additionally, they explore promising sectors, such as Indonesia's move towards processing metals, and the potential growth in the EV ecosystem in both countries.

The podcast discusses the challenges faced by emerging markets, including higher bond yields and a stronger dollar. It also analyzes the impact of investor sentiment, inflation concerns, and the changing dynamics in emerging market investing. The chapter concludes with exploring the upside risks in the Chinese economy and highlighting preferred emerging markets.

Janet Henry, Global Chief Economist, examines the economic outlook with major central banks set to keep interest rates high for a prolonged period.For more content from HSBC Global Research, follow us on LinkedIn: #HSBCResearchDisclosures and Disclaimers: https://www.research.hsbc.com/R/51/jTkM9Tg Hosted on Acast. See acast.com/privacy for more information.

The recent surge in oil prices is discussed, including the extension of voluntary cuts by Saudi Arabia and coordinated cuts by Russia. The chapter also explores Chinese oil demand, the growth of petrochemicals, and the impact of a strike on LNG shipments. Updates on central bank meetings in the US and UK are also provided.

The challenges facing the UK economy include slow growth, high inflation, elevated interest rates, and debt burden. Factors such as strikes and poor weather have contributed to the lack of growth in recent UK GDP numbers. Analyzing and forecasting the UK economy amidst pandemic-related uncertainties is challenging, with potential downside risks. The effects of interest rates on the housing market and economy are discussed, as well as the upcoming UK election and tough choices for the government and the Labour party. The impact of the US economy and Eurozone weakness on the UK, along with GDP forecast and investment opportunities, are also highlighted.

Paul Mackel outlines our latest thinking on the currency markets and examines whether the US dollar’s comeback can continue.For more content from HSBC Global Research, follow us on LinkedIn: #HSBCResearchDisclosures and Disclaimers: https://www.research.hsbc.com/R/51/j9MKKXn Hosted on Acast. See acast.com/privacy for more information.

James Pomeroy, Global Economist, assesses the potential impact of remote working and technological change on the labour market.For more content from HSBC Global Research, follow us on LinkedIn: #HSBCResearchDisclosures and Disclaimers: https://www.research.hsbc.com/R/51/MCJ6cMd Hosted on Acast. See acast.com/privacy for more information.

Mark McDonald, Head of Data Science and Analytics, looks at how venture capital is helping to fuel transformative technology and business innovation.For more content from HSBC Global Research, follow us on LinkedIn: #HSBCResearchDisclosures and Disclaimers: https://www.research.hsbc.com/R/51/9cHVhLJ Hosted on Acast. See acast.com/privacy for more information.

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 cutting interest rates.For more content from HSBC Global Research, follow us on LinkedIn: #HSBCResearchDisclosures and Disclaimers: https://www.research.hsbc.com/R/51/gQpVrT2 Hosted on Acast. See acast.com/privacy for more information.