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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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.