The Singapore stock market on Wednesday halted the three-day winning streak in which it had gathered almost 45 points or 1.4 percent. The Straits Times Index now rests just beneath the 3,130-point plateau and the losses may accelerate on Thursday.
The global forecast for the Asian markets is negative on concerns about the outlook for interest rates. The European and U.S. markets were down and the Asian markets are expected to open in similar fashion.
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Market Analysis
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.