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 Watch: Red Sea Situation Is Worsening with Spill-Overs to Energy

Energy Cable #47: Price Always Leads Narrative

Energy Cable #45 – The World Needs a Riyadh Accord

Junior Finance Analyst, Steno Research

Ulrik Simmelholt

Junior Finance Analyst

Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul><li>Takeaways: Cohesion back at OPEC, but for how long?</li><li>US the biggest winner in crude oil markets.</li><li>Last week’s much anticipated OPEC meeting concluded with the decision to cut production further by 1 million barrels per day.</li></ul>

Takeaways: Cohesion back at OPEC, but for how long?US the biggest winner in crude oil markets.Last week’s much anticipated OPEC meeting concluded with the decision to cut production further by 1 million barrels per day.

Kuwait International Sovereign Bond (KUWIB GOVT)

Energy Cable #48 – Natural Gas Longs to Scholz: “Thank You!”