Positive tones for Japanese equities on USDJPY/loose money combo 11 July
- high 20200.86
- low 20070.67
- Topix +0.72% at 1627.14
- USDJPY 114.37 having run into 114.50 resistance
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Movado surges 5.3% on strong earnings & margin expansion. Trading near 52-week high.
Fed holds rates steady amid Iran conflict uncertainty. Rate cuts now unlikely, job growth stalls.
FIVE jumps 11% on strong Q4 earnings & upbeat forecast. Shares hit 52-week high, up 21% YTD.
Mortgage rates hit 3-month highs, crushing refi demand 19%. War fears spook housing.
RPD Fund bets $100M on NICE, trading at 15x FCF, despite 21.7% yearly drop & AI fears.
JBL beats Q2, raises FY26 outlook to $12.25 EPS. Up 9.2% YTD, near 52-wk high.
JEPI ETF draws $1.44B, offering an 8.4% yield. Defensive, low-cap holdings de-risk tech exposure.
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