The Singapore stock market on Friday ended the six-day losing streak in which it had plummeted more than 220 points or 7 percent. The Straits Times Index now rests just beneath the 3,070-point plateau and it's tipped to open in the green again on Monday.
The global forecast for the oversold Asian markets is positive, thanks to a jump in crude oil prices and with more bargain hunting expected. The European markets were down and the U.S. bourses were up - and the Asian markets figure to follow the latter lead.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.