It looks like Yamaha is getting ready to bring an updated Tiny Ténéré to market (photos here), giving ADV riders a new middleweight option in the Yamaha lineup. This is because spy photos from Europe show what looks like a adventure-tourer, powered by the 689cc FZ-07 parallel-twin engine.
If we do see a Yamaha XT700ZE enter the market, it would be a welcomed compliment to the 1200cc Yamaha Super Ténéré, and help the Japanese brand compete in the increasingly competitive ADV market, especially against brands that already have a ~800cc adventure model available.