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

Gravity Works As WeWork Doesn't; Now Plan B

Technical Analysis

TSE Tokyo Price Index TOPIX / Technical Analysis

The two charts below look at both the Topix Index and the Nikkei 225.In the case of the Topix , we are now sustaining below the 55 day moving average thereby opening up the risk of losses to the tune of 6% from current levels.For the Nikkei 225, there is no break yet but we sit on key levels that are pivotal for the market in the short term.

The two charts below look at both the Topix Index and the Nikkei 225.In the case of the Topix , we are now sustaining below the 55 day moving average thereby opening up the risk of losses to the tune of 6% from current levels.For the Nikkei 225, there is no break yet but we sit on key levels that are pivotal for the market in the short term.

TSE Tokyo Price Index TOPIX

Japanese Indices Remain on Back Foot