The Singapore stock market on Tuesday ended the three-day losing streak in which it had dropped more than 150 points or 3.2 percent. The Straits Times Index now rests just above the 4,860-point plateau although it's likely to open under water on Wednesday.
The global forecast for the Asian markets suggests renewed pressure thanks to a rebound by crude oil prices. The European markets were mixed and flat and the U.S. bourses were slightly lower and the Asian markets figure to split the difference.
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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.