Asian equities edged lower Monday, with Japanese shares under pressure after data showed the economy shrank sharply in the third quarter, while caution ahead of Nvidia\u2019s results kept a lid on risk appetite. U.S. equity futures firmed, hinting at a potential rebound on Wall Street after a choppy start to November.<\/p>\n\n\n\n
The Nikkei 225<\/strong> and TOPIX<\/strong> fell ~0.6% after Japan\u2019s GDP contracted 1.8% q\/q<\/strong> in Q3 (better than the -2.5%<\/strong> consensus). Weak private consumption and softer exports\u2014partly blamed on higher U.S. tariffs\u2014dragged activity, though resilient capex offered a cushion. The print cooled expectations for a December BoJ hike<\/strong>, limiting equity losses; some houses still see scope for a January<\/strong> move if wage\/inflation dynamics hold.<\/p>\n\n\n\n Mainland benchmarks (CSI 300 -0.7%<\/strong>, Shanghai Comp -0.6%<\/strong>) and Hang Seng (-0.5%)<\/strong> slipped as a diplomatic spat intensified after comments from Japan\u2019s prime minister on Taiwan. Beijing\u2019s weekend advisory against travel to Japan pressured Japan-exposed tourism names.<\/p>\n\n\n\n Regionally, tech stayed cautious ahead of NVIDIA (NVDA)<\/strong> earnings, a sentiment already bruised by chatter around lofty AI valuations and high-profile stake sales\/shorts disclosed by notable investors. Bucking the trend, South Korea\u2019s KOSPI<\/strong> jumped 1.7%<\/strong>, led by SK Hynix<\/strong> and Samsung Electronics<\/strong>, amid reports of sharply lower chip inventories\u2014seen as a bullish signal for pricing\u2014and fresh Samsung capex pledges for domestic fab capacity.<\/p>\n\n\n\n Despite a cautious regional tone, S&P 500 futures<\/strong> rose 0.4%<\/strong> and Nasdaq 100 futures<\/strong> gained up to 0.7%<\/strong>, as traders eyed a stateside bounce even while trimming odds of a December Fed cut<\/strong> after last week\u2019s hawkish pushback from officials.<\/p>\n\n\n\n Bottom line:<\/strong> Soft Japan GDP and Nvidia event risk kept Asia defensive, but selective strength in Korean semis underscores that cycle-specific tailwinds can still punch through a macro-cautious tape.<\/p>\n","protected":false},"excerpt":{"rendered":" Asian equities edged lower Monday, with Japanese shares under pressure after data showed the economy shrank sharply in the third quarter, while caution ahead of Nvidia\u2019s results kept a lid on risk appetite. U.S. equity futures firmed, hinting at a potential rebound on Wall Street after a choppy start to November. Japan: GDP shock tempers …<\/p>\n","protected":false},"author":9,"featured_media":31994,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,39,36],"tags":[6849,6851],"class_list":["post-120934","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-global-stock-markets","category-market-updates","tag-asia","tag-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=120934"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120934\/revisions"}],"predecessor-version":[{"id":120935,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120934\/revisions\/120935"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31994"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}China\/HK: Diplomatic chill weighs; tourism hit<\/h2>\n\n\n\n
Nvidia watch keeps tech cautious; Korea rebounds<\/h2>\n\n\n\n
Elsewhere in Asia<\/h2>\n\n\n\n
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U.S. lead<\/h2>\n\n\n\n