In today’s briefing:
- Ohayo Japan | Crypto Week
- Japan Morning Connection: Oil Down and Defense up as Trump Rails at Putin and Sends More Patriots
- Jewellery Q1FY26 Report: Winners and Themes Amidst ₹1 Lakh Gold
- Monday Delight: 14/07/25
- The Sugar Sector Reversal: How Sugar Companies Are Finally Tasting Profits?
- US Banks – New Loans Up USD119bn in past 3 Weeks. There Is No Recent Comparative This High.
Ohayo Japan | Crypto Week
- Nasdaq closed at a record high, rising 0.3%; S&P 500 and Dow edged up 0.1% and 0.2%.
- Trump threatened 100% secondary tariffs on Russia and announced new U.S. weapons for Ukraine via NATO
- Sansan’s FY2025 results show net sales up 28% to ¥43.2 billion, driven by a 59% increase in Bill One sales
Japan Morning Connection: Oil Down and Defense up as Trump Rails at Putin and Sends More Patriots
- AI and tech took a backseat, although momentum significantly outperformed value which is likely to be reflected in JP.
- Trend Micro may be in focus after analyst pushes cyber security as biggest tech trade this year.
- KHI looking to release its own humanoid, but Harmonic joints are out of favor and worth another look after steep decline.
Jewellery Q1FY26 Report: Winners and Themes Amidst ₹1 Lakh Gold
- Organised jewellery players delivered strong revenue growth despite a 30% YoY gold price spike, driven by festive demand, ticket-size expansion, and formalisation.
- Q1 trends highlight a shift toward lightweight, low-carat designs reiterated by Titan Co Ltd (TTAN IN) , with digital channels and franchising gaining momentum across the board.
- With retail expansion and working capital discipline in focus, the players like Sky Gold appears poised for multi-format growth, aided by regulatory tailwinds and rising consumer trust.
Monday Delight: 14/07/25
- Each week, I’ll share five intriguing investment ideas that recently caught my attention. These ideas are meant to spark your research and help you kickstart the week ahead with fresh insights.
- Because these ideas are the result of my first-level idea generation process, they require more in depth research. Therefore, the ideas will often be concise, with occasional references to valuable work from other practitioners that I encourage you to explore.
- If you have something fascinating to share that could benefit me and the wider community, don’t hesitate to send it my way—I’d love to hear from you!
The Sugar Sector Reversal: How Sugar Companies Are Finally Tasting Profits?
- India’s sugar industry is experiencing an unexpected rally driven by pricing power due to an 18% production drop, leading to rising sugar prices.
- This shift is boosting sugar mills’ profitability, as evidenced by improved quarterly results, despite unchanged ethanol margins and rising cane costs.
- The sector is now a compelling “margin-driven” recovery story, moving beyond its traditionally dull, regulation-heavy image.
US Banks – New Loans Up USD119bn in past 3 Weeks. There Is No Recent Comparative This High.
- Weekly loan data is up a lot in week ending 2 July suggesting the geopolitical events are not negating credit demand in the US – demand is accelerating.
- Over the past three weeks loans are up USD119bn and there is no other 3 week period that compares in recent months.
- Total loan growth is now 4.2% YoY where C&I loan growth accelerated from 2.3% YoY to 3.2% YoY, in the most recent week.
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