The Singapore stock market on Friday wrote a finish to the four-day winning streak in which it had climbed more than 80 points or 1.8 percent. The Straits Times Index now sits just beneath the 4,940-point plateau and it may remain stuck in neutral again on Monday.
The global forecast for the Asian markets suggests little movement, with many markets shutting down this week for the Lunar New Year holiday. The European and U.S. markets were mixed and little changed and the Asian markets figure to open in similar fashion.
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Market Analysis
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.