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

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

Technical Analysis

<p>As the USD falls throughout a lot of Asian markets, Asian equity indices are stabilising and performing better. One of the clearest pictures is in Thailand where USDTHB has taken out key levels and looks to be heading much lower still. </p><p>It is with this in mind that we turn to Thailand's SET Index which is now retesting the highs from earlier this year.</p>

As the USD falls throughout a lot of Asian markets, Asian equity indices are stabilising and performing better. One of the clearest pictures is in Thailand where USDTHB has taken out key levels and looks to be heading much lower still. It is with this in mind that we turn to Thailand's SET Index which is now retesting the highs from earlier this year.

Thailand SET Index

Thailand's Breakout Ahead