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

Buying Opportunities Within Emerging Markets and Japan; US Dollar Failing At 93.50

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

Technical Analysis

Shanghai Stock Exchange Composite Index / Technical Analysis

Shanghai Stock Exchange Composite Index (SHCOMP INDEX)

<a target="_blank">China’s markets are again on the rise and showing a strong breakout this week . Furthermore, the ratio verses the S&amp;P 500 suggests it (China) is likely to outperform in the near term.</a>Hong Kong’s Hang Seng is showing a setup that may provide a platform for a rally to the tune of 9% from current levelsOverall, instead of a worrying September, Asian markets are presenting opportunities. There seems to be a rotation of sorts from the Far West, where markets had outperformed for much of this year, to the Far East where markets had underperformed and where sentiment (especially regarding China) seems too negatively stretched.

China’s markets are again on the rise and showing a strong breakout this week . Furthermore, the ratio verses the S&amp;P 500 suggests it (China) is likely to outperform in the near term.Hong Kong’s Hang Seng is showing a setup that may provide a platform for a rally to the tune of 9% from current levelsOverall, instead of a worrying September, Asian markets are presenting opportunities. There seems to be a rotation of sorts from the Far West, where markets had outperformed for much of this year, to the Far East where markets had underperformed and where sentiment (especially regarding China) seems too negatively stretched.

China: Shanghai Breakout and Hong Kong's Bullish Setup