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
Here is what we told Hedge Funds this week – and how we’re trading it!
2025-02-07Each week, we summarize the key insights we’ve shared with hedge funds, highlight what to watch for, and explain how we’re navigating the macro landscape – all in a simple, ...The Drill – Oil down and precious metals UP.. The short USD trade in Geopolitics
2025-02-04When cutting out the Trump noise, there are very decent opportunities in both oil and gold on a trend basis backed by geopolitics!Steno Signals #183 – The Pain Trade is a Weaker USD, While China Could Surprise on the Upside
2025-02-02“How would you go long the USD at the Wellington open?” is a clear hint of the current sentiment. Could the USD peak already today, and where is the money ...
Latest Daily Post
Something for your Espresso – All charts you need to look at before NFP
2025-02-07With NFP coming up later today, we have compiled the best charts and observations to look at ahead of the report.Something for your Espresso – Trump, Bessent and Powell are working in unison to bring down bond yields
2025-02-06It’s pretty clear now that Trump, Bessent and Powell are working in unison to bring down long-end bond yields, which is the clear trend now in Fixed Income as global ...Something for your Espresso – China wants tariffs to continue
2025-02-05Trump is increasing uncertainty and hurting both the economy and risk assets in an attempt to do the opposite. Are there ways to shield yourself from the ongoing geopolitical landscape? ...
Always Actionable
Our mission is to pave the way for your success. Besides our written research, 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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