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

USD Watch: Markets Vastly Underestimate the Impact on USD Funding from the Debt Ceiling

US Debt Ceiling Raise Tells Us Gold Is Going Up… It Must Be Part Of Every Portfolio

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>Fixed Income and parts of equity space have already prepared for the recession</li>
<li>Commodity positioning is slowly but surely adjusting to a cyclical downturn as well</li>
<li>FX positioning remains in la-la-land with heavy longs in carry currencies</li>
</ul>


Fixed Income and parts of equity space have already prepared for the recession
Commodity positioning is slowly but surely adjusting to a cyclical downturn as well
FX positioning remains in la-la-land with heavy longs in carry currencies


Positioning Watch: FX Market Positioning Is Completely Out of Sync with the Rest..