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

Weekly Oil Views: Crude's 9% Pullback May Prompt Continued OPEC+ Restraint

FX & Rates

<p>Whichever commodity index we look at, there are decent long term levels that are now limiting gains. While a major trend change is unlikely, a near term meaningful correction down is certainly the risk. Consequently, commodity currencies are also vulnerable in the short term.</p><p>This all lines up with indications that financial markets as a whole are going through a notable bump as we enter Q2.</p>

Whichever commodity index we look at, there are decent long term levels that are now limiting gains. While a major trend change is unlikely, a near term meaningful correction down is certainly the risk. Consequently, commodity currencies are also vulnerable in the short term.This all lines up with indications that financial markets as a whole are going through a notable bump as we enter Q2.

AUD

Commodity Currencies and Their Warnings