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.
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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
Spending Watch – Where is the Consumer Heading From Here?
2025-01-20
The consumption part of the economy is probably THE macro variable to watch in 2025. We provide a detailed overview of the state of the consumer across the US, Eurozone ...Macro Nugget: China is deindustrializing Germany
2025-01-20Germany and the EU must act before it is too late.Steno Signals #181: Welcome to the golden age for risk taking (and scams)
2025-01-19What a weekend in Trump-land, set against a macroeconomic environment that, as far as I can tell, looks more like 2021 than 2017. If we cut through all the noise, ...
Latest Daily Post
The Week at a Glance – Trump is Letting Risk Assets Rally into a Red-Hot Economy
2025-01-20While a stronger economy and contained inflation data have let risk assets rally towards the latter part of last week, the current digital asset projects from Trump have delivered more ...Something for your Espresso – Is China the final prerequisite for takeoff in the global economy?
2025-01-17China is improving in GDP terms as we round the week, but what does that mean for risk assets and the macro picture? To read the full article, sign up for ...Something for Your Espresso: Retail Sales Deciding the Direction for the Risk-On Rally
2025-01-16Yesterday’s softer-than-expected core CPI print fueled a relief rally in risk assets, though mixed signals from CARTS and diffusion data suggest the inflation narrative remains uncertain. Today’s Retail Sales report ...
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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Equipped with our research and quantitative tools, you’re ahead of the crowd in every market, asset class, and financial environment.
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Every day of the week, we provide research, bespoke services, and desk access to some of the world’s largest hedge funds and asset managers. Become a part of this elite group today.
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By subscribing to our institutional offering, you gain direct access to our analysts in both written and spoken formats, whenever you see fit.
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.