Asia biased macro & technical analysis, Untying The Gordian Knot

Untying The Gordian Knot

Asia biased macro & technical analysis

A differentiated process with a primary focus on Asia. Technical Analysis as core and Macro drivers that could bring the view to fruition & changes that could make the idea fall apart. The objective is to be the best in class, hence corner shop.

FX & Rates

<ul><li>It's easy to identify breakouts because they are the most noticeable and generate a strong response.</li><li>It is precisely what happened when DXY broke below 100.53.</li><li>On the other hand, head fakes are often met with silence as hope for sustained trends persists.</li></ul>

It's easy to identify breakouts because they are the most noticeable and generate a strong response.It is precisely what happened when DXY broke below 100.53.On the other hand, head fakes are often met with silence as hope for sustained trends persists.

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Macro and Geopolitical Research House

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.

Macroeconomics

<ul><li>Welcome to our now-cast series on EUR-flation.</li><li>We have been banging the drum on dovish surprises in the Euro area for a while, but there are signs of upside risks in April inflation numbers from our price observations made through the month.</li><li>Especially German inflation could surprise on the sticky/high side of consensus.Our overall now-cast projections lean around 0.1%-points above consensus for April.</li></ul>

Welcome to our now-cast series on EUR-flation.We have been banging the drum on dovish surprises in the Euro area for a while, but there are signs of upside risks in April inflation numbers from our price observations made through the month.Especially German inflation could surprise on the sticky/high side of consensus.Our overall now-cast projections lean around 0.1%-points above consensus for April.

EUR-flation Watch: April is hot (in inflation terms)

Managing Partner, VRS (Valuation & Research Specialists)

VRS (Valuation & Research Specialists)

Managing Partner

Valuation & Research Specialists (VRS) is a boutique financial advisor with more than 17 years of experience in Corporate Valuation and Finance, and a diversified client base including some of the largest Companies in Greece.

Since 2002, VRS has completed more than 200 engagements in the areas of business valuation and financial analysis for more than 100 clients in a wide range of industries.

VRS has been honored to work with small and large private and publicly traded companies in Europe and overseas.

Boutique Financial Advisor

<ul><li>The EUR/USD exchange rate has moved upwards with significant fluctuations over the course of March 2023.</li><li>As it can be observed in the main graph (Graph 1), there was a period of fluctuations in the exchange rate but with a steady upward trend.</li><li>The exchange rate fluctuated significantly over the course of the month reaching a high of 1.0901 on March 30th.</li></ul>

The EUR/USD exchange rate has moved upwards with significant fluctuations over the course of March 2023.As it can be observed in the main graph (Graph 1), there was a period of fluctuations in the exchange rate but with a steady upward trend.The exchange rate fluctuated significantly over the course of the month reaching a high of 1.0901 on March 30th.

Comment on Exchange Rate EUR/USD - March 31, 2023

<ul><li>Welcome to our short and sweet Fed preview.</li><li>No one expects policy action from the Fed this week, but Powell could decide to reiterate that the dot plot remains intact given the most recent information received.</li><li>We doubt that Powell will bring about a strong guidance for a December hike, but unless the wheels come off, it’s very likely that they will be tempted to deliver that hike come December.</li></ul>

Welcome to our short and sweet Fed preview.No one expects policy action from the Fed this week, but Powell could decide to reiterate that the dot plot remains intact given the most recent information received.We doubt that Powell will bring about a strong guidance for a December hike, but unless the wheels come off, it’s very likely that they will be tempted to deliver that hike come December.

Fed Watch: Why Should the Fed Abandon the Planned Year-End Hike?

Cross Asset Strategy

<ul><li>Before getting to the financial word, I just briefly want to reiterate that we find a de-escalation most likely between Iran and Israel after the events unfolding over the weekend.</li><li>Our head of geopolitics, Mikkel Rosenvold, released his take earlier.</li><li>Quote of the week: Iran’s Chief of Staff: “Our attack is over, and we do not wish to continue it, but we will respond forcefully if Israel targets our interests.</li></ul>

Before getting to the financial word, I just briefly want to reiterate that we find a de-escalation most likely between Iran and Israel after the events unfolding over the weekend.Our head of geopolitics, Mikkel Rosenvold, released his take earlier.Quote of the week: Iran’s Chief of Staff: “Our attack is over, and we do not wish to continue it, but we will respond forcefully if Israel targets our interests.

Steno Signals #95 – Is the Next Move a Hike?

Germany

The euro is the official currency of the European Economic & Monetary Union. 

Euro (USDEUR CURNCY)

Head Fakes in Euro and DXY

It's easy to identify breakouts because they are the most noticeable and generate a strong response. It is precisely what happened when DXY broke...

Untying The Gordian Knot

EUR-flation Watch: April is hot (in inflation terms)

Welcome to our now-cast series on EUR-flation. We have been banging the drum on dovish surprises in the Euro area for a while, but there are signs...

Steno Research

Comment on Exchange Rate EUR/USD - March 31, 2023

By examining the RSI in Graph 4, an upward movement was observed along the trading range between 35 and 65, indicating a broadly neutral signal.

VRS (Valuation & Research Specialists)

Fed Watch: Why Should the Fed Abandon the Planned Year-End Hike?

No one expects policy action from the Fed this week, but Powell could decide to reiterate that the dot plot remains intact given the most recent...

Steno Research

Steno Signals #95 – Is the Next Move a Hike?

Before getting to the financial word, I just briefly want to reiterate that we find a de-escalation most likely between Iran and Israel after the...

Steno Research