The Singapore stock market has finished higher in six straight sessions, collecting more than 250 points or 5.1 percent along the way. Now at a fresh record closing high, the Straits Times Index sits just above the 5,210-point plateau and it's expected to see continued strength again on Friday.
The global forecast for the Asian markets is upbeat as both sides appear to signal an end to the U.S.-Iran conflict. The European and U.S. markets were up and the Asian bourses are expected to follow suit.
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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.