The Singapore stock market on Tuesday ended the three-day slide in which it had slipped almost 50 points or 1.2 percent. The Straits Times Index now sits just above the 4,510-point plateau although it may be stuck in neutral on Wednesday.
The global forecast for the Asian markets suggests little movement ahead of the FOMC rate decision later today. The European and U.S. markets were mixed and little changed and the Asian bourses are expected to follow that lead.
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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.