Asia markets slide after Wall Street sell-off and sluggish Chinese economic report
2025-11-14 15:55
Asia stocks trade in red on Friday after a sell-off on Wall Street overnight, as Fed officials signaled caution over future rate cuts. Meantime, fresh data releases from China added pressure to sentiment, with industrial output and retail sales posting their slowest growth in 14 months in October, pointing to weak consumer demand and a deepening property slowdown. Bitcoin ( BTC-USD ) fell toward $96,000 on Friday, marking a six-month low amid a broad selloff in risk assets. Gold prices rose above $4,190 per ounce on Friday, heading for their best week in a month, driven by a softer dollar and uncertainty over a backlog of official data following the US government’s reopening. Japan ( NKY:IND ) fell 1.76% to around 50,530 while the broader Topix Index lost 0.9% to 3,350 on Friday, reversing gains from the previous session. China ( SHCOMP ) fell 0.63% to around 4,025, while the...
