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

Short Term Levels on US Yields Going into the Fed

Japan’s Topix Index Looking for the Exit Door

Provide Comprehensive Analysis & Commentary

SAV Markets

SAV Markets aims to provide comprehensive analysis & commentary on foreign exchange and asset markets. The approach is multi asset as markets are typically interlinked. Cause and effect are always at work, even if those effects take time to manifest. As nothing is permanent we strive to get ahead of the curve in an ever changing world.

Technical Analysis

Korea Stock Exchange Kospi Index / Technical Analysis

Korea Stock Exchange Kospi Index (KOSPI INDEX)

<ul>
<li>The fresh break today to new trend lows on the Kospi Index forces one to identify potential supports &amp; targets </li>
<li>The chart warns of at least a test of the January 2018 high at 2,607 which is almost 6.5% below current levels</li>
<li>The more concerning target is the 200 week moving average at 2,448 – some 12% lower</li>
</ul>


The fresh break today to new trend lows on the Kospi Index forces one to identify potential supports &amp; targets 
The chart warns of at least a test of the January 2018 high at 2,607 which is almost 6.5% below current levels
The more concerning target is the 200 week moving average at 2,448 – some 12% lower


Korea Stock Exchange Kospi Index

Kospi Index: How Bad?