The Singapore stock market has moved higher in two straight sessions, collecting more than 35 points or 0.7 percent along the way. The Straits Times Index now sits just beneath the 4,850-point plateau although it's expected to open under water on Monday.
The global forecast for the Asian markets is negative on surging oil prices and the ongoing war in the Middle East. The European and U.S. markets were down and the Asian bourses are expected to open in similar fashion.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.