Nvidia's performance fell short of the market's highest expectations, dragging down the performance of technology stocks in the Asia-Pacific region, while escalating geopolitical tensions have also cast a shadow over the capital markets. Currently, the market is awaiting the release of U.S. employment data, which may provide further clues for the Federal Reserve's interest rate cut path.
On November 21 (Thursday), the Asia-Pacific stock markets mostly declined, with the Nikkei 225 index closing down nearly 1%. Most chip technology stocks fell, with TSMC dropping 1.5% at one point and SK Hynix down 1.4%. Most U.S. stock index futures traded lower, with the Nasdaq 100 index futures, which focus on technology stocks, down 0.2%. Major European stock index futures were mixed, with overall volatility being low.
The Japanese yen rose 0.6% against the U.S. dollar to 154.56 at one point, as the Bank of Japan's governor stated that they would closely monitor the impact of exchange rates on the economy and inflation. Ahead of the release of U.S. initial jobless claims tonight, U.S. Treasury yields fell slightly, and the U.S. dollar index dipped slightly after rising yesterday.
Bitcoin broke through $97,000 per coin during the day, continuing to set a new historical high. Earlier, media reports indicated that the Trump team is considering establishing a position in the White House specifically responsible for cryptocurrency policy. Commodities generally rose, with Brent and WTI crude oil both up about 0.7%, and spot gold rising 0.5% to $2,663.
Saxo Bank strategist Charu Chanana stated, &#34;Nvidia's outstanding performance still did not meet the market's high expectations. At the same time, the risk of escalation in the Russia-Ukraine situation remains, and Asian stock markets are facing a wave of risk aversion.&#34;
【15:30 Update】
The Taiwan Stock Exchange Weighted Index closed down 0.6% at 22,555.66 points. The Nikkei 225 index closed down nearly 1%, and the Thai stock index fell over 1%.
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Most U.S. stock index futures traded lower, with the Nasdaq 100 index futures down 0.2%. Major European stock index futures were mixed, with overall volatility being low.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/0d44be61-7ce1-49ae-8e9b-cd632df81e2b.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/0d44be61-7ce1-49ae-8e9b-cd632df81e2b.png"/>
Bitcoin broke through $97,000 per coin, continuing to set a new historical high.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/c9c4af3d-9bfd-4655-a7e7-555563cddfb3.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/c9c4af3d-9bfd-4655-a7e7-555563cddfb3.png"/>
The Japanese yen rose 0.6% against the U.S. dollar to 154.56 at one point.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/ac37d37a-7c40-401f-b0cf-da53bb62c2a2.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/ac37d37a-7c40-401f-b0cf-da53bb62c2a2.png"/>
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/ee97cc64-bdbb-4f3f-a941-7900193a061f.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/ee97cc64-bdbb-4f3f-a941-7900193a061f.png"/>
Brent crude and WTI crude rose about 0.7%, while spot gold increased by 0.5%, reported at $2,663.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/ac40374c-7ea1-4470-9be1-8d68b083aebf.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/ac40374c-7ea1-4470-9be1-8d68b083aebf.png"/>

The Trump team is considering establishing a position specifically responsible for cryptocurrency policy, with Bitcoin hitting a new intraday high. The geopolitical situation is escalating, leading to increased risk aversion, and the Asia-Pacific stock markets are generally declining. Most chip technology stocks are down, with Taiwan Semiconductor dropping 1.5% at one point, and SK Hynix falling 1.4%

- Nvidia's earnings fell short of market expectations, negatively impacting technology stocks in the Asia-Pacific region amid rising geopolitical tensions.  
- The Nikkei 225 index dropped nearly 1%, while major U.S. stock index futures also declined, particularly the Nasdaq 100, which fell 0.2%.  
- Bitcoin surpassed $97,000, reaching a new all-time high, as oil prices rose approximately 0.7% and gold increased by 0.5%.

Asia-Pacific stock indices generally fell, the Japanese yen continued to strengthen, and Bitcoin broke through $97,000 to reach a new high