Technology stocks led the S&P to four consecutive gains, Oracle reached a new high after hours, the US dollar and US bonds fell, gold hit a new high, and commodities rose.

In August, the PPI in the United States showed a cooling down of inflation, and the market slightly raised its bets on the Fed's aggressive interest rate cuts. US stocks rose together, with Nvidia up nearly 2%, while NIO Inc and XPeng fell more than 5%. The European Central Bank cut interest rates for the second time this year, but maintained a restrictive policy. European bonds fell, and the euro rebounded from its four-week low. Commodities rose across the board, with US oil briefly rising by 3.7%, gold reaching a new high with a nearly 2% increase, palladium rising by over 4%, and copper experiencing its largest two-month increase.

wallstreetcn19:04 ET

Mitsukoshi Isetan --- Revised upwards Above 25/3, operating profit increased from 64 billion yen to 72 billion yen.

Revising the financial estimates for March 2025, the company announces an upward revision of revenue from 548 billion yen to 556 billion yen and operating profit from 64 billion yen to 72 billion yen. It exceeded the consensus (about 67 billion yen). Against the backdrop of increasing inbound (visiting foreigners) demand, store sales in the Tokyo metropolitan area have increased significantly. Regarding the current appreciation of the yen, the company seems to have indicated that the customer base seeking their luxury brands would not hesitate to buy even with a slight appreciation of the yen.

Fisco JapanAug 12 19:12 ET

McDonald's, Isetan Mitsukoshi, Rakuten G, ENEOS HD (9th) (1379-5076)

*The calendar above is tentative and subject to change due to company circumstances. ---------------------------------------August 9 (Friday) <1379> Hokuto <1381> Access <1384> Hokuriyo <1414> Showbond <1417> Miraito One <1429> Japan Aqua <142A> Gingerbread <1431> Livework <14

Fisco JapanAug 8 17:30 ET

Isetan Mitsukoshi---The number of visitors to Japan in May exceeded 3 million for the third consecutive month.

Japan National Tourism Organization (JNTO) announced that the number of visitors to Japan in May was 3.041 million, the third consecutive month over 3 million. Consumption of luxury goods by visitors to Japan is expected to remain strong due to the yen depreciation effect. Although the stock price has continued to adjust since peaking on June 12 at ¥3403 and broke through the 25-day line to approach -2σ of the Bollinger Bands, it is likely to have a stance of rebound hunting.

Fisco JapanJun 19 19:31 ET

SG Morning Highlights | Mapletree Logistics Trust Set to Sell Xi'an Subsidiary for 70.5 Million Yuan

Moomoo News SGJun 12 21:06 ET

Isetan Mitsukoshi, PERSOL HD, etc. (additional) Rating

Upgrade-Bullish Code | Stock Name | Securities Company | Conventional | After Change |------|---------|---------|---------|＜9519＞|RENOVA |GS | “Selling” | “Neutral” |Target Stock Price Change Code | Stock Name | Securities Company | Traditional | After Change |------|------|---

Fisco JapanMay 20 22:16 ET