Friday 7th November 2025: Asian Markets Slide as Tech Stocks Tumble and AI Bubble Fears Intensify

Global Markets:

•  Asian Stock Markets : Nikkei down -2.26%, Shanghai Composite down -0.16%, Hang Seng down -1.26% ASX down -0.54%
• Commodities : Gold at $4,001.40 (0.26%), Silver at $48.190 (0.50%), Brent Oil at $63.57 (0.30%), WTI Oil at $59.63 (0.34%)
• Rates : US 10-year yield at 4.091, UK 10-year yield at 4.4370, Germany 10-year yield at 2.6576

News & Data:

• (GBP) Official Bank Rate  4.00%  to 4.00% expected

Markets Update:

Asian stocks traded mostly lower on Friday, mirroring the sharp declines on Wall Street, with tech-heavy markets in Japan and South Korea leading regional losses as AI-related stocks slumped on renewed fears of an AI bubble burst. This weakness came despite markets ending higher on Thursday. Sentiment was further weighed by a Challenger, Gray & Christmas report showing a steep rise in October layoff announcements.

In Australia, the ASX reversed Thursday’s gains and moved modestly lower, dragged by weakness in iron ore miners and tech stocks, although gold miners, energy and financials offered some support. The S&P/ASX 200 slipped below 8,800, while major miners like BHP, Rio Tinto and Fortescue declined. Tech names saw sharp selling, with Block plunging over 14 percent. Qantas-backed Alliance Aviation crashed nearly 40 percent after warning of weaker FY26 results, while Macquarie Group dropped over 7 percent on disappointing earnings.

Japan’s Nikkei 225 tumbled more than 2 percent, falling below 49,800 as tech stocks and heavyweights like SoftBank sank sharply. Exporters including Sony and Panasonic also slipped. Several stocks saw steep declines, though Recruit Holdings and Nissan posted strong gains. Economic data showed household spending in Japan rose 1.8 percent year-on-year in September but missed expectations.

Across Asia, South Korea, China, Hong Kong and Taiwan were lower, while New Zealand, Singapore and Indonesia posted modest gains. Meanwhile, Wall Street closed sharply lower, with the Nasdaq dropping 1.9 percent and crude oil prices easing on oversupply concerns.

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The post Friday 7th November 2025: Asian Markets Slide as Tech Stocks Tumble and AI Bubble Fears Intensify first appeared on IC Markets | Official Blog.