Steno Research

Steno Research is a new macro and geopolitical research house. We are based out of Copenhagen, Denmark, but have an international team and a strong network of sources and partners around the world. The team is lead by Andreas Steno, previous global head of strategy at Nordea Bank, and Mikkel Rosenvold, former chief consultant in the Danish Ministry of Finance.

Macro and Geopolitical Research House

5 Things We Watch: US Recession, US Inflation, Euro Inflation, PCE Vs CPI, STIR Pricing

5 Things – Inflation Divergence, China, Euro PMIs, NIkkei and Suez

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Macroeconomics

<ul><li>Welcome to the first 2024 edition of our ‘5 Things We Watch’, where we as always try to dissect global macro trends, how we see the world and how we trade it.</li><li>The overall consensus this year seems to be locked in on a soft landing in the US, but in our view, risks of tail-end events are increasing, making macro more important than ever in order to navigate financial markets in 2024.</li><li><span style="font-weight: 400;">Freight rates on routes with destinations in the Mediterranean (both shipments from Middle East and China) have generally been on the rise </span></li></ul>

Welcome to the first 2024 edition of our ‘5 Things We Watch’, where we as always try to dissect global macro trends, how we see the world and how we trade it.The overall consensus this year seems to be locked in on a soft landing in the US, but in our view, risks of tail-end events are increasing, making macro more important than ever in order to navigate financial markets in 2024.Freight rates on routes with destinations in the Mediterranean (both shipments from Middle East and China) have generally been on the rise 

5 Things We Watch – Freight Rates, Positioning, Liquidity, EUR-flation, Growth