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

Nikkei July Bear Target Where the Bull Cycle Resumes

Kospi Index - Emerging Concerns Beneath the Surface

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

Technical Analysis

The bounce back in the Nikkei 225 earlier this week might have initially looked 'constructive'However, judging from where it has so far stalled, the downside target of the 26,300-26,500 area still seems to be the danger in this environment. Refreshed chart below...

The bounce back in the Nikkei 225 earlier this week might have initially looked 'constructive'However, judging from where it has so far stalled, the downside target of the 26,300-26,500 area still seems to be the danger in this environment. Refreshed chart below...

Dow Jones Industrial Average (INDU INDEX)

Nikkei 225

Nikkei 225 Fails at the Sell Zone