Founder & Chief Market Strategist - SAV Markets, SAV Markets

Shyam Devani

Shyam Devani provides key market commentary encompassing analysis of Foreign Exchange, Fixed Income, Commodities, and Equities globally – both in G10 and Local Markets. He takes a multi asset class approach incorporating fundamental, behavioural, and historical trends as well as technical signals.

Shyam has delivered strategic market insights to a number of trading desks and institutional clients internationally (funds/corporates/banks) through written publications, presentations, face to face meetings and conferences. He has had numerous appearances on CNBC, Bloomberg, and Singapore Radio providing his short and medium term views on markets while being the front office media commentator during his time at Citi.

He has been commentating on financial markets since 2004. Since 2006, he was running one of Citi’s top market products, CitiFXTechnicals, initially in London followed by Singapore where he took a lead role in enhancing the coverage of markets in Asia.

Founder & Chief Market Strategist - SAV Markets

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Technical Analysis

This quick note is a follow up to the one sent on 28 October titled “Bond Market Squeeze is not over” where it was suggested that the Long Bond Future could bounce to 163.That target has been met - Friday’s high being 163.04/32.Momentum is now stretched, and resistance levels sit just overhead. It is therefore best to step back from any long Bond positions and wait for further signals.

This quick note is a follow up to the one sent on 28 October titled “Bond Market Squeeze is not over” where it was suggested that the Long Bond Future could bounce to 163.That target has been met - Friday’s high being 163.04/32.Momentum is now stretched, and resistance levels sit just overhead. It is therefore best to step back from any long Bond positions and wait for further signals.

US 30Y

Bond Market Squeeze: Target Met