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

China Zheshang Bank- Substandard Loans 66% of NPLs from 21% | NCO's Avg RMB7.5bn Vs RMB1.6bn In Past

China Watch – Foreign Direct Investment & Capital Controls

China Deflation Watch – What Happens in China Stays in China

Steno Signals #60: Worse than Lehman in China!? The 3 Most Important Questions Right Now!

Steno Signals #59 – When It Rains on Janet Yellen, It Pours!

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Macroeconomics

<ul><li>Real estate isn’t the only sector in commotion.</li><li>Chinese imports have plummeted and this too has implications for global markets.</li><li>Without further ado, let’s dive into some statistics – welcome! The CNY is still in the driver’s seat of cross-market action.</li></ul>

Real estate isn’t the only sector in commotion.Chinese imports have plummeted and this too has implications for global markets.Without further ado, let’s dive into some statistics – welcome! The CNY is still in the driver’s seat of cross-market action.

China Watch: The Big Losers from an Imports Pull-Back