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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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.