Hello Kitty Sanrio leads Nikkei to record high; Wall Street jumps on soft July inflation; Sep Fed rate cut expected - Tue 12 Aug 2025
Nikkei 225 Summary Hello Kitty leads Nikkei to record high; Wall Street jumps on soft July inflation; Sep Fed rate cut expected - Tue 12 Aug 2025 Owner of Hello Kitty and other popular characters, Sanrio (+16.11%) leads Nikkei to a new record high on heavy volume after reporting a +37.8% surge in Q1 FY25 net profit. Meanwhile, Wall Street jumps after July CPI comes in at 2.7% annualised, softer than expected, raising hopes of a dream-come-through Sep Fed rate cut to a near certainty. Nikkei225 42,718.17 (+897.69 +2.15%) 174 up 50 down 1 flat JGB 10YR 1.504% (+0.014) USD/JPY 147.69 (-0.45 -0.3038%)