The Singapore stock market has moved lower in two straight sessions, slipping almost 40 points or 0.8 percent in that span. The Straits Times Index sits just above the 4,890-point plateau although it's due for support on Tuesday.
The global forecast for the Asian markets is positive on decent economic data, although weakness among the oil stocks may limit the upside. The European and U.S. markets were up and the Asian bourses are expected to follow suit.
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Market Analysis
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.