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

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul><li>At this point in the policy path, our Central Bank Sentiment trackers are showing some meaningful signs of life – not of all it totally anticipated.</li><li>Here we highlight some key observations made over the last month around what Central Bank language is actually telling us from a quantitative point of view.</li><li>We regularly track and update our measure of positivity/negativity of Bank language contained in statements, outlooks and speeches on a scale of -1 to +1.</li></ul>

At this point in the policy path, our Central Bank Sentiment trackers are showing some meaningful signs of life – not of all it totally anticipated.Here we highlight some key observations made over the last month around what Central Bank language is actually telling us from a quantitative point of view.We regularly track and update our measure of positivity/negativity of Bank language contained in statements, outlooks and speeches on a scale of -1 to +1.

Sentiment Nugget: What are Central Banks Actually Telling Us?