Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

Macroeconomics

<ul>
<li>Inflationary impulses are alive and well, coming through even in "core" US data</li>
<li>The Bank of Japan continues to flounder around a JPY strategy</li>
<li>Are US banks attempting a back-door QE, aided by the Federal Reserve?</li>
</ul>


Inflationary impulses are alive and well, coming through even in "core" US data
The Bank of Japan continues to flounder around a JPY strategy
Are US banks attempting a back-door QE, aided by the Federal Reserve?


Inflation Takes Centre Stage - QE Coming?

Pan-Asia Tactical Market Calls (Quant-Driven), MRM Research

Nico Rosti

Pan-Asia Tactical Market Calls (Quant-Driven)

MRM Research

Quantitative Research

Equity Derivatives

<ul>
<li>Our WEEKLY tactical global macro recap/analysis for several markets and stocks we track, grouped by sector.</li>
<li>We apply our quantitative models to each instrument's trend, to determine which stocks/markets are just starting a trend, are in the middle of it, or are about to end it.</li>
<li>
<strong>Most overbought</strong>:  BHP Group Ltd, POSCO Holdings, Bank of China, Hitachi Ltd. <strong>Most oversold</strong>: NetEase Cloud Music, Samsung Electronics, Meituan, Gold, Softbank Group, Contemporary Amperex Technology (CATL) </li>
</ul>


Our WEEKLY tactical global macro recap/analysis for several markets and stocks we track, grouped by sector.
We apply our quantitative models to each instrument's trend, to determine which stocks/markets are just starting a trend, are in the middle of it, or are about to end it.

Most overbought:  BHP Group Ltd, POSCO Holdings, Bank of China, Hitachi Ltd. Most oversold: NetEase Cloud Music, Samsung Electronics, Meituan, Gold, Softbank Group, Contemporary Amperex Technology (CATL) 


WEEKLY Tactical Recap: Samsung Electronics, CATL, Gold, Softbank Group, NetEase, BHP, POSCO Holdings

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.

Cross Asset Strategy

<ul><li>The demand- and supply for money has bottomed out! That is the overwhelming conclusion from the quarterly survey on banking standards released by the Fed.</li><li>The SLOOS improves further from Q4 to Q1, and especially the supply side has eased quite a bit and is almost back in neutral territory.</li><li>The rebound in demand is underwhelming, but it also typically lags supply/financial conditions by another quarter, meaning that Q2 is the likely big rebound in loan demand.</li></ul>

The demand- and supply for money has bottomed out! That is the overwhelming conclusion from the quarterly survey on banking standards released by the Fed.The SLOOS improves further from Q4 to Q1, and especially the supply side has eased quite a bit and is almost back in neutral territory.The rebound in demand is underwhelming, but it also typically lags supply/financial conditions by another quarter, meaning that Q2 is the likely big rebound in loan demand.

SLOOS Survey: The US Economy Is Re-Accelerating and Money Growth Is Back!

<ul>
<li>The December US Employment report shows a weaker outlook than the headline suggests.  </li>
<li>A loss of over 1.5 million full-time jobs in December.</li>
<li>Excluding government jobs, an exceptionally low number of new full-time jobs were created over the last year.</li>
</ul>


The December US Employment report shows a weaker outlook than the headline suggests.  
A loss of over 1.5 million full-time jobs in December.
Excluding government jobs, an exceptionally low number of new full-time jobs were created over the last year.


US Employment Data Confirms a Weakening Economy

Geopolitical Analyst, Steno Research, Steno Research

Mikkel Rosenvold

Geopolitical Analyst, Steno Research

<ul><li>Welcome to this week’s geopolitical round-up.</li><li>We’ll have a look at the most recent events of which we have seen quite a few! In a surprisingly self-assured and bold move, Venezuela moved troops close to the Guyanan province of Essequibo, seemingly preparing for a full-scale invasion.</li><li>Guyana has been the center of attention for the oil business in recent years after the discovery of significant oil reserves in the Essequibo province.</li></ul>

Welcome to this week’s geopolitical round-up.We’ll have a look at the most recent events of which we have seen quite a few! In a surprisingly self-assured and bold move, Venezuela moved troops close to the Guyanan province of Essequibo, seemingly preparing for a full-scale invasion.Guyana has been the center of attention for the oil business in recent years after the discovery of significant oil reserves in the Essequibo province.

United States

United States Oil Fund LP is a Delaware limited partnership incorporated in the USA. The Fund's objective is to have changes in percentage terms of its unit's net asset value reflect the changes of the price of WTI Crude Oil delivered to Cushing, Oklahoma, as measured by changes in percentage terms of the price of the WTI Crude Oil futures contract on the NYMEX. The fund is a commodity pool.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

United States Oil Fund LP (USO US)

Inflation Takes Centre Stage - QE Coming?

Inflationary pressures in the US are evident, putting more pressure on the JPY. US banks may be engaging in a back-door quantitative easing with...

Rikki Malik

WEEKLY Tactical Recap: Samsung Electronics, CATL, Gold, Softbank Group, NetEase, BHP, POSCO Holdings

Weekly Global Macro Tactical Recap: our models tracks trends across asset classes to highlight overbought/oversold market conditions across Asian...

Nico Rosti

SLOOS Survey: The US Economy Is Re-Accelerating and Money Growth Is Back!

The demand- and supply for money has bottomed out! That is the overwhelming conclusion from the quarterly survey on banking standards released by...

Steno Research

US Employment Data Confirms a Weakening Economy

The December US Employment report reveals a bleaker outlook with a significant loss of full-time jobs and a low creation rate of new full-time...

Rikki Malik

Great Game – War over Oil… In LatAm?

Welcome to this week’s geopolitical round-up. We’ll have a look at the most recent events of which we have seen quite a few!Venezuela moving to...

Steno Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Inflation Takes Centre Stage - QE Coming?

​Inflationary pressures in the US are evident, putting more pressure on the JPY. US banks may be engaging in a back-door quantitative easing with...

Rikki Malik

WEEKLY Tactical Recap: Samsung Electronics, CATL, Gold, Softbank Group, NetEase, BHP, POSCO Holdings

Weekly Global Macro Tactical Recap: our models tracks trends across asset classes to highlight overbought/oversold market conditions across Asian...

Nico Rosti

SLOOS Survey: The US Economy Is Re-Accelerating and Money Growth Is Back!

The demand- and supply for money has bottomed out! That is the overwhelming conclusion from the quarterly survey on banking standards released by...

Steno Research

US Employment Data Confirms a Weakening Economy

​The December US Employment report reveals a bleaker outlook with a significant loss of full-time jobs and a low creation rate of new full-time...

Rikki Malik

Great Game – War over Oil… In LatAm?

Welcome to this week’s geopolitical round-up. We’ll have a look at the most recent events of which we have seen quite a few!Venezuela moving to...

Steno Research

Inflationary pressures in the US are evident, putting more pressure on the JPY. US banks may be engaging in a back-door quantitative easing with...

The December US Employment report reveals a bleaker outlook with a significant loss of full-time jobs and a low creation rate of new full-time...