Maybe a little more competition for Triumph

Yamaha has stepped up their game with the introduction of the FZ-07 named the Tracer 700.

Based on the ealier FZ-07, the Tracer 700 utilizes the same parallel twin with 270 degree crossplane crankshaft as the FZ-07 and a similar chassis.  ABS is standard equipment and to improve the bikes stability under a full load Yamaha has extended the swingarm 50mm
The bike has duel headlights hand guards and a manually adjustable windshield, and the fuel capacity has increased  0.8 to 4.5 gallons. The seat height has also been increased. 

If this bike sounds like something you would want to have there is one draw back, as of right now it is intended for European markets only.