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

EM by EM #27 Not a Bazooka, but a Pumpgun

EM by EM #28 The Truth Hidden in Plain Sight

EM by EM #29: Biden’s Party, EM’s Hangover & Scholz’s Nightmare

EM by EM #23 Playing the Least Dirty Laundry Vs the Dirtiest

Head of Research, Steno Research

Emil Moller

Head of Research

Macroeconomics

<ul><li>Printing Oil instead of borrowing USD is what separates EM’s right now- and the Saudi’s still have leverage</li><li>USDCNY &amp; USDJPY could prove to be the bellwethers on the cycle and US Policy</li><li>The Geopolitical mess still rhymes well with higher credit risk premiums</li></ul>

Printing Oil instead of borrowing USD is what separates EM’s right now- and the Saudi’s still have leverageUSDCNY &amp; USDJPY could prove to be the bellwethers on the cycle and US PolicyThe Geopolitical mess still rhymes well with higher credit risk premiums

EM by EM #25 Lighting the fuse in the Middle East?