The Singapore stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had risen 7 points or 0.2 percent. The Straits Times Index now sits just above the 4,485-point plateau and it figures to remain in that neighborhood again on Wednesday.
The global forecast for the Asian markets is positive on an improved outlook for interest rates. The European and U.S. markets were up and the Asian bourses are expected to open in similar fashion.
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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.