The ringgit climbed to its highest in six months against the US Dollar and the Singapore Dollar, to become the best performing major Asian currency last week.

The Malaysian stock market also has been on a winning streak.

Is the improvement in both the Malaysian currency and their stock market related?

So how much more expensive is it for us to visit Malaysia now?

How do you trade the Ringgit?

Yeap Junrong, Market Strategist from IG, shares his analysis and how to trade this currency pair. 

The ringgit climbed to its highest in six months against the US Dollar and the Singapore Dollar, to become the best performing major Asian currency last week.
The Malaysian stock market also has been on a winning streak.
Is the improvement in both the Malaysian currency and their stock market related?
So how much more expensive is it for us to visit Malaysia now?
How do you trade the Ringgit?
Yeap Junrong, Market Strategist from IG, shares his analysis and how to trade this currency pair.

Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. 

We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

The Afternoon Update with Lynlee Foo

The Afternoon Update with Lynlee Foo (1pm – 4pm)

Market View: The Ringgit gains to become the best performing Asian currency

Over this year’s Singapore Grand Prix weekend, a 20 percent increase in the number of international visitors was observed, while the number of high-net-worth visitors surged by over 70%. According to data from Visa’s Formula One Travel Spending Data Report, the exciting and busy weekend drove close to 30% spending uplift. 

With several high-value tourist events happening this year besides the Singapore Grand Prix, such as concerts featuring music icons Taylor Swift, Coldplay and Bruno Mars, what is the economic significance of the international visitor influx?

Ken Wong, Head of Data Science for Asia Pacific at digital payments firm Visa, tells us more. 

Over this year’s Singapore Grand Prix weekend, a 20 percent increase in the number of international visitors was observed, while the number of high-net-worth visitors surged by over 70%. According to data from Visa’s Formula One Travel Spending Data Report, the exciting and busy weekend drove close to 30% spending uplift. 
With several high-value tourist events happening this year besides the Singapore Grand Prix, such as concerts featuring music icons Taylor Swift, Coldplay and Bruno Mars, what is the economic significance of the international visitor influx?
Ken Wong, Head of Data Science for Asia Pacific at digital payments firm Visa, tells us more.

Industry Insight:  Revving up Singapore's tourism

Japan goes to the polls on October 27. In the US, Americans will vote on their next president in a couple of weeks. 

How will elections impact both the USD and the Japanese Yen? What is the effect on the Sing dollar against these major currencies?

Yeap Junrong, Market Strategist at IG, shares his insights. 

Japan goes to the polls on October 27. In the US, Americans will vote on their next president in a couple of weeks. 
How will elections impact both the USD and the Japanese Yen? What is the effect on the Sing dollar against these major currencies?
Yeap Junrong, Market Strategist at IG, shares his insights.

Market View: How elections can shake up the currency markets

The GameStop stock craze in 2021, which was fueled by Youtuber “Roaring Kitty”, or Keith Gill signified the growing power of social media in shaping financial markets.

Indeed, social media platforms like YouTube, TikTok, and Instagram have become popular channels for Gen Z to seek financial insights. The younger digital natives prefer the immediacy and accessibility of online content over traditional face-to-face meetings with financial advisors. This has led to a rise in 'finfluencers' - online influencers who provide financial guidance and investment tips. How is this 'finfluencer' trend impacting the financial advisory industry? Will 'finfluencers' take over traditional roles in the industry?

Louis Koay, Senior Financial Services Director, PhillipCapital, weighs in. 

The GameStop stock craze in 2021, which was fueled by Youtuber “Roaring Kitty”, or Keith Gill signified the growing power of social media in shaping financial markets.
Indeed, social media platforms like YouTube, TikTok, and Instagram have become popular channels for Gen Z to seek financial insights. The younger digital natives prefer the immediacy and accessibility of online content over traditional face-to-face meetings with financial advisors. This has led to a rise in 'finfluencers' - online influencers who provide financial guidance and investment tips. How is this 'finfluencer' trend impacting the financial advisory industry? Will 'finfluencers' take over traditional roles in the industry?
Louis Koay, Senior Financial Services Director, PhillipCapital, weighs in.

Market View: The Ringgit gains to become the best performing Asian currency

In 1 playlist(s)

The Afternoon Update with Lynlee Foo (1pm – 4pm)

Social links

Follow podcast

Recent clips