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 Watch: The Non-Feasible Return of the EM Carry Case Amidst a Global Slowdown

EM Watch: China was WEAKENING even before the decline in Western demand

EM Watch: 5 Charts on the Nosediving Chinese Indicators!

Junior Finance Analyst, Steno Research

Ulrik Simmelholt

Junior Finance Analyst

Macroeconomics

<ul><li>Welcome to our weekly EM Watch, where we examine Emerging Markets (with a particular focus on China) from the perspective of Western investors.</li><li>It continues to be a rough month for anything linked to China.</li><li>We have observed early signs of stabilization in China’s pollution data, which may indicate some level of stability at lower levels of industrial output.</li></ul>

Welcome to our weekly EM Watch, where we examine Emerging Markets (with a particular focus on China) from the perspective of Western investors.It continues to be a rough month for anything linked to China.We have observed early signs of stabilization in China’s pollution data, which may indicate some level of stability at lower levels of industrial output.

EM Watch: Time to play the long end of the Chinese yield curve?