The Singapore stock market on Monday snapped the two-day slide in which it had slipped almost 15 points or 0.5 percent. The Straits Times Index now sits just beneath the 3,135-point plateau and it's expected to extend its gains om Tuesday.
The global forecast for the Asian markets is cautiously optimistic, supported by oil and technology shares - while concerns over the surging Omicron variant of the coronavirus is likely to cap the upside. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference.
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Market Analysis
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.