The Singapore stock market has moved higher in five straight sessions, gathering more than 100 points or 1.5 percent along the way. The Straits Tines Index now rests just beneath the 3,890-point plateau although investors may lock in gains on Thursday.
The global forecast for the Asian markets is flat and directionless on conflicting leads over the outlook for interest rates. The European and U.S. markets were mixed and little changed and the Asian markets are expected to follow suit.
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Market Analysis
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.