Finally news on Update 1.11

In a similar news drought to last year, it has been quite the wait for any information on what's to come. Thankfully, we finally heard something earlier today and, unfortunately, it's not very much.

As has become the norm with updates lately, 5 new Seasonal Items were announced in addition to the return of all the Seasonal items from last year around this time.

The Cucumber Horse and Eggplant Cow make their first appearance in New Horizons starting August 10th until the 16th. Which one is available will vary each day.

September 12th to the 21st will bring Tsukimi Dango, Mooncakes, and Songpyeon.

Besides these new seasonal items in August, there will also be some additional items as part of Redd's lottery during the Fireworks Festival that happens every Sunday in August featuring at least 3 different colors of Cotton Candy, Popsicles, and Bubble Tea.

And that's... it for the updates. Nintendo has said that there are still plans for further updates throughout the year, but it's still too early to give any information on them. Here's hoping we'll see some content beyond just new items soon though.
Regardless, 1.11 releases at 10AM JST on July 29th (9PM EST / 6PM PST on July 28th). It seems there is still no update gift again, but unless you plan to time travel, you'll have to wait until August 1st to see any of the new content.