The Singapore stock market on Friday snapped the four-day winning streak in which it had advanced more than 90 points or 2.4 percent. The Straits Time Index now sits just above the 3,925-point plateau and it's likely to remain in that neighborhood again on Monday.
The global forecast for the Asian markets is mixed and flat thanks to ongoing tariff concerns. The European markets were down and the U.S. bourses were barely higher, and the Asian markets figure to split the difference.
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.