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Commentary

Singapore Shares Likely To Remain Rangebound

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

The Singapore stock market ticked lower again on Wednesday, one day after ending 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 move back to the upside again on Thursday.

The global forecast for the Asian markets is upbeat following the FOMC's rate decision and optimism over future moves. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference.

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Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.