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Singapore Shares May Open Under Water On Monday

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

The Singapore stock market on Friday snapped the three-day winning streak in which it had climbed almost 90 points or 2 percent. The Straits Times Index now sits just beneath the 4,550-point plateau and it's looking at another soft start again on Monday.

The global forecast for the Asian markets is soft on concerns over the outlook for interest rates. The European markets were down and the U.S. bourses were mixed and flat and the Asian markets figure to split the difference.

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Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.