The Singapore stock market on Tuesday wrote a finish to the two-day losing streak in which it had fallen almost 40 points or 1.3 percent. The Straits Times Index now rests just above the 3,210-point plateau and it's expected to be rangebound again on Wednesday.
The global forecast for the Asian markets is cautiously optimistic on an upbeat outlook for interest rates and mild upside in crude oil prices. The European and U.S. markets were mixed and the Asian markets are tipped to inch higher.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.