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Japan May total household spending YoY -0.3% (expected -2.5%; April -0.5%).
2026-07-07
Japan May total household spending YoY -0.3% (expected -2.5%; April -0.5%).
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2026-07-07
Daiwa said channel checks show sporting-goods retail sales value (RSV) slowed QoQ in Q2 and monthly volatility rose, reducing Xtep’s (1368.HK) near-term predictability. The bank flagged that a core-brand transformation will disrupt wholesale channels
Daiwa said channel checks show sporting-goods retail sales value (RSV) slowed QoQ in Q2 and monthly volatility rose, reducing Xtep’s (1368.HK) near-term predictability. The bank flagged that a core-brand transformation will disrupt wholesale channels and require upfront investment, likely diluting near-term revenue and margins; Saucony can sustain high growth but Xtep’s core brand faces slowing growth and intensifying competition. Daiwa trims EPS forecasts by about 12%, lowers its PT to HKD3.9 from HKD5.2 and downgrades the stock to Hold from Outperform.
2026-07-06
Saudi Arabia set its official selling price for Arab Light crude oil to the United States at a premium of $4.6 per barrel over Argus Sour crude oil in August.
Saudi Arabia set its official selling price for Arab Light crude oil to the United States at a premium of $4.6 per barrel over Argus Sour crude oil in August.
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