The Japanese stock market may rise, following Wall Street's overnight gains. Strong bank earnings and a lower-than-expected US inflation report boosted market sentiment. Domestic technology stocks may also be boosted by the tech-intensive Nasdaq Composite Index, which rose 0.9% on Tuesday. However, due to ongoing tension in the Middle East, the increase in the Japanese benchmark index may be limited. On the Singapore Exchange, Nikkei index futures rose 710 points to 68,355 points. The Nikkei closed up 0.7% to 67743.50 points on Tuesday.

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