Filter by Categories
Watch Series
The Great Game
Daily Post
Steno Signals
Free Content
Emerging Markets
Video
Chinese Momentum: Driving Markets or a Crowded Consensus?

EM Cycle Watch: South Korea a good buy?

Amidst some EARLY resurgence in China and signs of cyclical rebound, South Korea looks increasingly compelling. Could this convergence of factors signal a strategic entry point into South Korea’s manufacturing and AI-focused market?

To read the full article, sign up for a 14-day FREE trial of the Basic, Premium or Crypto plan.

EM by EM #43: Rand’s Reckoning?

EM by EM #34: Xi’s whip and Powell’s kneeling

After tonight’s press conference, any doubt about who is driving monetary policy should be dispelled. Powell appears to be allowing the market to dictate and is hesitant to provide significant guidance, in stark contrast to Xi and China, which seem somewhat immobilized yet hesitant to acknowledge reality

To read the full article, sign up for a 14-day FREE trial of the Basic, Premium or Crypto plan.

EM by EM #43: Rand’s Reckoning?

EM BY EM #17 China: Real Estate Complex and the “phony” stimulus

In 2021, I took a bearish position in the Chinese real estate market. However, the scale of the repercussions stemming from the ongoing deleveraging process in Chinese real estate has raised our concerns. Despite this, we believe that the CCP will likely need to intervene in the near term to address the situation

To read the full article, sign up for a 14-day FREE trial of the Basic, Premium or Crypto plan.

5 Things We Watch – Governor panel discussion, EU Fragmentation, Riksbank, EU Banks & The EM rate cycle

5 Things We Watch – Governor panel discussion, EU Fragmentation, Riksbank, EU Banks & The EM rate cycle

It’s Wednesday, and that calls for us to dissect 5 topics that we follow in Global Macro currently. What to expect from today’s panel discussion between governors? How is it going with the ongoing fragmentation of Europe? And will Riksbank hike 50bps like Norge’s bank? Find out here.

To read the full article, sign up for a 14-day FREE trial of the Basic, Premium or Crypto plan.

EM by EM #43: Rand’s Reckoning?

EM by EM #3 – Copper comeback?

In Q1, we had a long position in copper. However, since our exit, industrial metals have experienced a reversal, and most of the gains YTD have been wiped out. But could the copper story have another leg to it? In this piece, we will share our perspective combining the macro with the development from the relevant EM frontlines.

To read the full article, sign up for a 14-day FREE trial of the Basic, Premium or Crypto plan.

Asset Allocation Watch – How to exactly position for USD weakness?

Asset Allocation Watch – How to exactly position for USD weakness?

Last week we released our first edition of the ‘Dollar O’ Meter’ which sat out to probe the USD and its relative strength (or weakness). Without giving too much away, we find conviction that further weakness in the USD is up ahead in the next few months. If we are correct, how should one then position for such a circumstance?

To read the full article, sign up for a 14-day FREE trial of the Premium plan.


WELCOME TO STENO RESEARCH

Sign up to receive free weekly
newsletters and macro nuggets

We don’t spam! Read our privacy policy for more info.