Our Research
Steno Signals
Steno Signals is our weekly editorial on everything macroeconomic, written by Andreas Steno.
Daily Post
Something for your Espresso is your morning research letter from Steno Research preparing you for the day to come.
Emerging Markets
Emerging Markets delves into the most timely and relevant news and movements from and relevant to emerging markets.
The Great Game
The Great Game is our weekly editorial on geopolitics and global conflict.
Watch Series
Watch Series is a collection of individual series such as Europolitics Watch, Inflation Watch, Real Estate Watch, and much more.
Crypto Moves
Crypto Moves is our detailed editorial that explores topics relevant to the crypto market, helping you stay ready for future developments.
… and much more
We go even further, publishing research applicable to all markets and topics.
We Are A Passionate European Research Power House with a single Goal: To Position You for long-term success.
Located in the heart of Copenhagen, Denmark, our team is composed of brilliant thinkers with expansive expertise. Our domains range from the intricacies of macroeconomic landscapes to the nuances of geopolitical affairs, along with trading strategies and energy matters to digital assets and quantitative approaches. This comprehensive understanding shapes our market insights at your benefit.
Latest Notes
Crypto Moves #46 – Better Bull Than Bear
2024-10-04The tensions in the Middle East and the unexpectedly tight liquidity at the start of October create a risk-reward profile that strongly favors long positions in crypto. As long as ...Liquidity Watch: Houston, we have a liquidity/SOFR problem!
2024-10-03We’ve seen a significant spike in SOFR-EFFR spreads over the past 48 hours, which feels reminiscent of September 2019, though on a smaller scale. The Fed may be facing a ...China Liquidity Watch: USD easing allowed China to ease, but there is a caveat..
2024-10-02The USD market will be flooded with liquidity in Q4, accompanied by rate cuts, providing Chinese authorities with a window of opportunity to ease policy. However, there is one issue: ...
Latest Daily Post
Something for your Espresso: Weak hiring and solid activity?
2024-10-04One weak NFP report and rates could drop significantly, but a >200k report will likely challenge the front-end anchoring of the dot plot. There’s a lot at stake today, and ...Something for Your Espresso – Is the China Story Fading?
2024-10-03While Chinese equity sentiment is still roaring, it coincides with both 1) dwindling momentum in Chinese equities and 2) a net decrease in Chinese liquidity, which makes us wonder whether ...Something for your Espresso: All eyes on crude oil as the Middle East conflict intensifies
2024-10-02Geopolitical risk has returned to the crude oil market, but it remains muted, as the macroeconomic outlook is much more negative than it was six months ago, when Iran last ...
Always Actionable
Our mission is to pave the way for your success. Besides our written research, we achieve this by providing you with direct access to ‘Datahub,’ the very foundation of our proprietary research. Beyond that, our analysis readily converts into actionable trades, available within our Macro Portfolio. Additionally, you’ll discover crypto opportunities in our Crypto Portfolio.
“We are not afraid to publish research that is contrarian to public perception. In fact, we know this is what gives you an edge in the market.”
– Andreas Steno Larsen, Managing Partner
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Wide-Ranging Coverage
We address all the topics and assets that matter to you, including macroeconomics, geopolitics, trading strategies, and digital assets.
Specialized Research and Reports
Our research extends well beyond the resources available on our website. We have the capabilities to provide you with insights on any topic you have in mind.
Bespoke Presentations
Not sure what to say? We’ve got you covered. We share our expertise through presentations at various events for clients around the globe.