Sep 17 ,2026
Synopsis:
Japanese equities are expected to extend gains today, tracking Wall Street's overnight rally after the Federal Reserve raised interest rates by 25bp. The S&P 500 climbed 1.1% and the Philadelphia Semiconductor Index surged more than 3%. Oil prices fell on signs that Middle East supply disruptions and pipeline issues are starting to ease, even as President Trump said he is nearing a major decision on whether to resume large-scale strikes on Iran and China pushes Iran to rein in the Houthis. Meanwhile, the Bank of Japan will announce its monetary policy decision today, with a 25bp rate hike to 1.25% widely expected.
Domestically, SBI Holdings to buy Livedoor from Minkabu for ¥7.5B in cash; Toyota Motor group plans to introduce 400k in-house-developed humanoid robots at production sites worldwide (Nikkei Asia)
Key headlines:
Japan August nationwide core CPI +1.7% y/y
Japan, US in talks to build chip factory as part of $550B investment talks under tariff deal
Japan's PM Takaichi reshuffles cabinet
Soul Patts emerges as bidder in contest to acquire Programmed (The Australian)
OpenAI discloses at least 6 new 'concerning' incidents
Arm Holdings CEO said he is increasingly confident the chip designer can secure enough supply to meet $2B in customer demand
Bank of England holds interest rates at 3.75%
Nvidia CEO Jensen Huang says Nvidia will double the number of chips it sells next year
Saudi Arabia proposes two-week ceasefire to Houthi Rebels through Oman
US Mortgage rates climb toward 7%
PTS trading:
Prices and percentage changes from Kabutan, citing Japan Next data, as of 08:35 JT:
Top Gainers
8.2% 3395.JP (Saint Marc Holdings Co., Ltd. ¥2680, +204)
4.6% 3498.JP (Kasumigaseki Capital Co., Ltd. ¥7530, +330)
4.2% 9984.JP (SoftBank Group Corp. ¥6506.1, +259)
3.6% 285A.JP (Kioxia Holdings Corporation ¥51680, +1800)
3.3% 268A.JP (Rigaku Holdings Corporation ¥1600, +51)
Top Decliners
-4.7% 7616.JP (Colowide Co., Ltd. ¥1915, -95)
-4.3% 6740.JP (Japan Display Inc. ¥48.8, -2)
-1.9% 8848.JP (Leopalace21 Corporation ¥1040.1, -20)
-0.7% 543A.JP (ARCHION Corporation ¥280, -2)
-0.5% 8386.JP (Hyakujushi Bank, Ltd. ¥3080, -15)
Data:
S&P futures (6.5) to 7,700.8, (0.08%) vs settlement
$-¥ +0.09 or +0.06% to 156.06
€-¥ +0.12 or +0.07% to 179.12
WTI Crude (26-Oct) -$0.81 or -0.8% to $101.10
Gold (26-Dec): -$17.10 or -0.4% to $4399.70
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