The Singapore stock market has finished lower in consecutive trading days, sliding almost 20 points or 0.6 percent along the way. The Straits Times Index now rests just above the 3,240-point plateau and it may take further damage on Wednesday.
The global forecast for the Asian markets suggests mild consolidation thanks to ongoing trade concerns and a dip in crude oil prices. The European and U.S. markets were mostly lower and the Asian bourses figure to follow that lead.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.