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 #62: Biden is selling crude straddles, while something is cooking in China

Energy Cable #61: Commodities are breaking out #2!

Junior Finance Analyst, Steno Research

Ulrik Simmelholt

Junior Finance Analyst

Macroeconomics

<ul><li>Solid PMI numbers out of China supporting the reflation story</li><li>Steel Production looks ok. There is still potential for the USD to throw a wrench in the works</li><li>This week we’ll pick up where we left off last week and continue to talk about China as we have had a surprise in PMI numbers.</li></ul>

Solid PMI numbers out of China supporting the reflation storySteel Production looks ok. There is still potential for the USD to throw a wrench in the worksThis week we’ll pick up where we left off last week and continue to talk about China as we have had a surprise in PMI numbers.

Energy Cable #63: It is still all eyes on China