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Barclays raised Super Micro Computer (SMCI.O) PT to $38 from $34.
2026-07-22
Barclays raised Super Micro Computer (SMCI.O) PT to $38 from $34.
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2026-07-22
Japan's imports rose 25.4% YoY in June to a record ¥11.3 tln (~$69.3 bln), above the 21% consensus and the fastest pace since Nov 2022. Crude oil import volumes fell 13.7% YoY but import values jumped 59.3% YoY and yen-denominated unit prices hit a r
Japan's imports rose 25.4% YoY in June to a record ¥11.3 tln (~$69.3 bln), above the 21% consensus and the fastest pace since Nov 2022. Crude oil import volumes fell 13.7% YoY but import values jumped 59.3% YoY and yen-denominated unit prices hit a record high, signaling inflation pressures are driven more by exchange-rate effects than demand. That implies yen appreciation would do more to ease import-cost pressure than near-term changes in oil demand. On the export side, AI-related data‑center demand is providing growth support that could offset some inflation risk. The combination points to a BOJ preference for cautious, gradual tightening rather than abrupt policy tightening; markets expect the BOJ to hold rates next week while retaining a tightening bias.
2026-07-22
UK June CPI month-on-month 0.1% (expected 0.1%), prior 0.2%.
UK June CPI month-on-month 0.1% (expected 0.1%), prior 0.2%.
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