The Singapore stock market turned higher again on Monday, one session after it had snapped the two-day winning streak in which it had advanced more than 50 points or 1.7 percent. The Straight Times Index now rests just beneath the 3,115-point plateau although it may see renewed selling pressure on Tuesday.
The global forecast for the Asian markets is soft on tumbling crude oil prices and concerns over the outlook for interest rates. The European and U.S. markets were firmly lower and the Asian bourses are tipped to open in similar fashion.
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Market Analysis
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.