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

Fed Watchers Beware: Debt Ceiling and Fiscal Policy Standoffs Could Impact US Monetary Policy

Powell Put in Play but Greater Challenges Ahead

FX & Rates

One degree of frustration over the past several weeks and months for Bond market bears is the lack of strong follow through relative to expectations in US economic data. This has raised questions about the credibility of the US recovery.It has partly, or perhaps largely, explained the low levels on yields we see at the long end of the curve, both in nominal and real terms.<a target="_blank">However, no trend lasts forever.</a>The chart below gives an idea where we might stand with regards to this underwhelming data. What is indicates is that the worst of it might be now or already behind us, either because expectations have been lowered and are thus easier to beat, and/or that we are approaching another turning point in the economy with a brighter outlook.

One degree of frustration over the past several weeks and months for Bond market bears is the lack of strong follow through relative to expectations in US economic data. This has raised questions about the credibility of the US recovery.It has partly, or perhaps largely, explained the low levels on yields we see at the long end of the curve, both in nominal and real terms.However, no trend lasts forever.The chart below gives an idea where we might stand with regards to this underwhelming data. What is indicates is that the worst of it might be now or already behind us, either because expectations have been lowered and are thus easier to beat, and/or that we are approaching another turning point in the economy with a brighter outlook.

USD

US Economy - How Low Is Low?