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
What We Told Hedge Funds: Waller Assassinating the Dollar?
2025-07-18
While the front-runners for the Fed Chair job all seem eager to talk down the value of the USD, the U.S. economy keeps surprising to the upside—just as we projected. ...The Drill: Trump breaks out of the friendzone
2025-07-16President Trump has completed a remarkable u-turn on Russia, who have 50 days to come to terms – or face the potential impacts on commodity markets from the coming Sanctioning ...Steno Signals #205 – The inflationistas have painted themselves into a corner
2025-07-14The issue with Trump’s new deadline on August 1st is that it allows “too late Jerome” the opportunity to wait and see for another few months, as the Fed needs ...
Latest Daily Post
Something for your Espresso: You are fired (or not)
2025-07-17The unusual public discourse around Fed Chair Powell’s potential dismissal continues. While an actual layoff remains highly unlikely, the groundwork is being laid for an increasingly politicized FOMC. Position accordingly.Something for your Espresso: A continued bias in inflation forecasts
2025-07-16US inflation continues to surprise on the low side, yet the message from both investment banks and central banks remains: “it will arrive soon.” Will this persistent bias in inflation ...Something for your Espresso: A highly asymmetrical CPI setup
2025-07-15The fear of rising inflation is already embedded in USD market expectations, and the Fed has effectively promised that the impact of tariff-flation will start showing up now. This leaves ...
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
Get Ahead Of The Crowd
Equipped with our research and quantitative tools, you’re ahead of the crowd in every market, asset class, and financial environment.
Institutional Offering
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.
Desk Access
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.
