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

Energy Cable #44 – Energy as a Diversifier + JPY Focus

Energy Cable #45 – The World Needs a Riyadh Accord

The Energy Cable #41: There is something rotten in the state of EIA

The Energy Cable #42 – Quiet Self-Gratulation and Then onto Natural Gas and Crude Oil

The Energy Cable #40 – Time to follow crack spreads!

Junior Finance Analyst, Steno Research

Ulrik Simmelholt

Junior Finance Analyst

Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul>
<li>Key takeaways: Temperatures in Europe and the US are above mean levels, but only prices in the US have reacted (materially)</li>
<li>No signs of actual weak gasoline demand</li>
<li>New sanctions on Russia and Iran on the cards?</li>
</ul>


Key takeaways: Temperatures in Europe and the US are above mean levels, but only prices in the US have reacted (materially)
No signs of actual weak gasoline demand
New sanctions on Russia and Iran on the cards?


X-Links Crude Oil Shares Covered Call ETN (USOI US)

X-Links Crude Oil Shares Covered Call ETN

Energy Cable #43: Price Resilience Despite Warm Weather