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

Central Bank Watch – We are approaching the point where the market is losing its composure

Scandi Watch: Norges Bank -> A hawk flying among doves?

Scandi Watch: Stay long NOK (and pay NOK rates) into Norges Bank

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Macroeconomics

<ul><li>The FOMC meeting is upon us later today, and that calls for us to publish another short and concise chart-book of asset performances around the first Fed cuts in a historical context.</li><li>Consensus is more or less split evenly between 25 and 50 bps, but there are a few pockets in asset space that performs for (at least) the next couple of weeks regardless of the outcome today if you are to trust history.</li><li>The format is a BUNCH of charts, with short and concise text – so scroll through and enjoy!</li></ul>

The FOMC meeting is upon us later today, and that calls for us to publish another short and concise chart-book of asset performances around the first Fed cuts in a historical context.Consensus is more or less split evenly between 25 and 50 bps, but there are a few pockets in asset space that performs for (at least) the next couple of weeks regardless of the outcome today if you are to trust history.The format is a BUNCH of charts, with short and concise text – so scroll through and enjoy!

Central Bank Watch: Key Patterns from Previous Cycles