The Singapore stock market has finished higher in five straight sessions, collecting almost 220 points or 4.4 percent along the way. Now at a fresh record closing high, the Straits Times Index sits just above the 5,110-point plateau although it may spin its wheels on Thursday.
The global forecast for the Asian markets is negative on concerns over the outlook for interest rates. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to follow the latter lead.
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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.