The Singapore stock market has tracked higher in back-to-back sessions, collecting more than 60 points or 1.2 percent along the way. The Straits Times Index now rests just above the 4,920-point plateau although it's expected to open under water on Tuesday.
The global forecast for the Asian markets is negative amidst rising hostilities in the Middle East. The European and U.S. markets were down and the Asian bourses are expected to follow suit.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.