Delivering Global Macro Investment Insights

DeSaque Macro Research

DeSaque Macro Research Limited was formed by Said DeSaque in April 2012 with the view to delivering global macro investment insights aimed at providing new ideas to clients.

Said DeSaque has over 26 years of experience working as a professional economist in financial services. Prior to establishing DeSaque Macro Research, Said held positions as Senior Economist at Robert W Baird and William Blair. He began his career as a graduate at PaineWebber in 1986, where he eventually became Head of the London Economics Department.

Said takes a very keen interest in international relations, along with their implications for economic development. His research interests include the economic transformation of China and its implications for global capital markets, particularly in the United States. He is a member of Chatham House in London.

The US economy and capital markets have historically been Said’s main focus of attention. He frequently presents his views to institutional investors in diverse geographic locations. In recent years, Said has also been carefully monitoring economic developments in Asia, particularly China and Japan.

Last Major Currency Peg: Hong Kong’s Fate Could Be Determined by the Fed and Geopolitics

Yuan Devaluation (CNY): China At A Turning Point?

Multi-Faceted Factors Driving Gold Prices Higher in a Great Debasement and Geopolitical Trade

Global Economist, DeSaque Macro Research

Said Desaque

Global Economist

Macroeconomics

<ul>
<li>Seizure of Russia's external assets is prompting countries to think about protecting economic security via alternative payment mechanisms for commodities. The dollar's role as the leading reserve currency remains intact. </li>
<li>Foreign exchange reserve management could change following seizure of Russian assets. Politicisation of SWIFT could impact flows into banking systems due to fears of potential seizures without legal recourse.</li>
<li>High transaction costs for foreign trade never featured prominently during the globalisation era.  New lockdowns in China and Russian sanctions accentuate supply shortages and inflation under current global monetary arrangements.</li>
</ul>


Seizure of Russia's external assets is prompting countries to think about protecting economic security via alternative payment mechanisms for commodities. The dollar's role as the leading reserve currency remains intact. 
Foreign exchange reserve management could change following seizure of Russian assets. Politicisation of SWIFT could impact flows into banking systems due to fears of potential seizures without legal recourse.
High transaction costs for foreign trade never featured prominently during the globalisation era.  New lockdowns in China and Russian sanctions accentuate supply shortages and inflation under current global monetary arrangements.


New Global Monetary System Will Evolve, as Sanctions and Current Conventions Worsen Supply Shortages