The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of 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 3,060-point plateau although it's predicted to open under pressure again on Thursday.
The global forecast for the Asian markets is negative after the FOMC hiked interest rates and hinted at more next year. The European markets were up and the Asian bourses were down and the Asian markets are expected to follow the latter lead.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.