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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August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.