{"id":3143,"date":"2025-11-19T13:45:43","date_gmt":"2025-11-19T02:45:43","guid":{"rendered":"https:\/\/www.amillex.com\/?p=3143"},"modified":"2025-12-23T19:27:22","modified_gmt":"2025-12-23T08:27:22","slug":"20251118en","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/it\/2025\/11\/19\/20251118en\/","title":{"rendered":"Amillex Daily Market Commentary: Global Panic Triggering Broad-Based Selloff; Nasdaq Down Over 1%, Japan Stocks Plunge 3% to a Three-Week Low; Gold Rebounds to $4,060 on Safe-Haven Demand"},"content":{"rendered":"<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<h2 class=\"wp-block-heading\">November 19, 2025 \u2014 U.S. equities opened lower and extended losses, with the Nasdaq falling nearly 1%. Japan\u2019s Nikkei 225 tumbled more than 3%, while the yen slid to a new year-to-date low of 155.37. Spot gold staged a V-shaped rebound to $4,060, and Bitcoin dropped below the $90,000 level.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">U.S. Equities: Tech Leads Declines as Valuation Pressure Builds Ahead of Nvidia Earnings<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">The Dow fell more than 0.7%, the Nasdaq dropped nearly 0.6%, and the S&amp;P 500 followed lower.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">The Philadelphia Semiconductor Index plunged 3%.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Caratteristiche principali del titolo:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Nvidia fell 3.4% amid strong pre-earnings caution<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 AMD slid 6%<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Amazon dropped 3.6%<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Sector logic:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Valuation pressure: JPMorgan warned of a needed re-pricing in the AI sector; the \u201cMagnificent Seven\u201d tech index dropped 2.5%.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Event risk: Markets are focused on Nvidia\u2019s Wednesday earnings (expected revenue: $54.9B) and Thursday\u2019s delayed nonfarm payrolls report.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Asia-Pacific Markets: Japan Hit by Triple Shock in Stocks, Bonds and FX; Nikkei at Monthly Low<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">The Nikkei 225 slumped over 3%, with the TOPIX falling in tandem.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">The yen weakened to 155.37 per dollar and broke 180 per euro, a historical low.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Japan\u2019s 10-year government bond yield surged to 1.754%, the highest since June 2008.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Drivers:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Policy concerns: Markets speculate the Takai administration will unveil a large-scale stimulus package, intensifying debt-sustainability fears.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Geopolitical risk: Strained China\u2013Japan relations weighed on foreign inflows; Invesco noted deteriorating investor confidence.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">FX Markets: Yen Hits New Yearly Low, Safe-Haven Flows Return to the Dollar<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">The Dollar Index strengthened on broad risk-off sentiment.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">The yen weakened sharply across major currency pairs.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">EUR\/JPY surged past 180, while GBP\/JPY also retreated.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Policy backdrop:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Odds of a Fed rate cut in December fell to 40%.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Intervention speculation around the Bank of Japan increased but no action was taken.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Precious Metals: Gold Rebounds on Safe-Haven Buying After Global Equity Rout<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Spot gold rebounded from an intraday low of $3,997, closing up 0.36% at $4,060.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Spot silver fell more than 1%.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Long\u2013short dynamics:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Supportive forces: A global equity selloff spurred safe-haven demand; diverging Fed policy views added uncertainty.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Headwinds: A stronger dollar and higher U.S. yields capped upside; the $4,000 level remains key technical support.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Cryptocurrencies: Bitcoin Breaks Below $90,000 as Leveraged Longs Unwind<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin fell more than 3% to below $89,000, while Ethereum dropped below $3,000.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Sentiment di mercato:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Broad risk-off pressure intensified across risk assets.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Bitcoin ETFs saw continued outflows.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Lombard Odier noted that expectations for Fed easing are being recalibrated, dragging down digital assets.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Commodities: Oil Pressured by Supply Concerns and Broader Risk Aversion<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">While no fresh quotes appeared in overnight trading, global risk aversion and persistent worries over OPEC+ oversupply continued to weigh on crude prices.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Previous data showed WTI hovering below $60, with demand weakness dominating the narrative.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Industrial metals such as copper also softened amid rising concerns over global growth.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Today\u2019s focus<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 U.S. API crude oil inventory data<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Eurozone CPI (final reading)<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Meeting between Japan PM Sanae Takai and BoJ Governor Kazuo Ueda \u2014 signals on policy coordination in focus<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Position adjustments ahead of Nvidia earnings<\/h2>\n<\/blockquote>","protected":false},"excerpt":{"rendered":"<p>November 19, 2025 \u2014 U.S. equities opened lower and extended losses, with the Nasdaq falling nearly 1%. Japan\u2019s Nikkei 225 tumbled more than 3%, while the yen slid to a new year-to-date low of 155.37. Spot gold staged a V-shaped rebound to $4,060, and Bitcoin dropped below the $90,000 level. U.S. Equities: Tech Leads Declines [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":3144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[8],"tags":[],"class_list":["post-3143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/posts\/3143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/comments?post=3143"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/posts\/3143\/revisions"}],"predecessor-version":[{"id":3145,"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/posts\/3143\/revisions\/3145"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/media\/3144"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/media?parent=3143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/categories?post=3143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/tags?post=3143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}