We Speak Markets
Our expertise cuts through the noise to bring you clear, data-driven insights and strategies. From macroeconomics to the pulse of trade, Steno Research equips you with the knowledge to anticipate movements and thrive in the market of any asset.
✅ Live Macro and Crypto Portfolio
Latest
5 Things We Watch – Risk assets, US CPI, Liquidity, FTSE/GBP & Asian FX
While economic data hasn’t been as strong as one would have hoped for, there are plenty of signs that risk assets and equities in general will do well in the coming time, which brings hot inflation prints and higher liquidity. Macro is interesting as always!
Great Game – Peace or no Peace?
Do we have peace or don’t we? What going on in Gaza and what game is Israel and Hamas playing? Plus: What is the strategy behind Xi Jinping’s European tour?
The week at a glance: A couple of central bank surprises on the cards?
Will central banks continue to hawk up the rhetoric relative to market expectations? We look at the BoE and the Riksbank alongside Japanese wage numbers here.
Macro Nugget: Trump vs Biden
A look at asset markets’ expectation of the upcoming presidential race between Biden and Trump.
Steno Signals #98 – The recession panic is back right as liquidity is returning!
The recession narrative has returned after a series of weak PMIs. Betting against the returning recession hysteria has been a profitable strategy since April-2020, but will it be so again this time? Hallelujah!
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
5 Things We Watch – Risk assets, US CPI, Liquidity, FTSE/GBP & Asian FX
2024-05-08
While economic data hasn’t been as strong as one would have hoped for, there are plenty of signs that risk assets and equities in general will do well in the ...USD inflation preview: NO, inflation is not going away folks..
2024-05-08Our calibrated nowcasts settle on the hottest inflation forecast in town ahead of next week’s inflation report. There are increasing signs of a broadening of the re-acceleration of inflation trends, ...Positioning Watch – Equities are perfectly positioned for a rally towards the election
2024-05-07The April washout in global equities has reset the über bullish positioning in equities seen pre-April, but that leaves equity positioning more normalized right as liquidity kicks in. Time for ...
Latest Daily Post
Something for your Espresso: USD/Asia is already bid again…
2024-05-08Despite basically all short-term factors pointing in the direction of a softer USD, we are starting to see bullish price action in USDJPY and USDCNY again. What is going on? ...Something for your Espresso: Sticky prices acknowledged right, left and center
2024-05-07The RBA echoed the Fed and sees sticky prices as a reason to remain on hold. The RBA has adopted a classic symmetrical stance, something that could spread across the ...Something for your Espresso: A week of respite before the inflation numbers?
2024-05-06The US calendar is light in the week ahead, meaning that European central banks take center stage. Will high-beta assets continue to soar on hopes (expectations) of cuts? To read ...
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.
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Not sure what to say? We’ve got you covered. We share our expertise through presentations at various events for clients around the globe.
