{"id":35309,"date":"2025-11-21T15:45:52","date_gmt":"2025-11-21T07:45:52","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=35309"},"modified":"2025-11-21T15:45:52","modified_gmt":"2025-11-21T07:45:52","slug":"nikkei-slides-as-ai-stocks-weigh-on-sentiment","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/sv-eu\/analysis\/nikkei-slides-as-ai-stocks-weigh-on-sentiment\/","title":{"rendered":"Nikkei Slides as AI Stocks Weigh on Sentiment"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/sv\/wp-content\/uploads\/sites\/10\/2025\/04\/image_fx-86-1024x559.png\" alt=\"\" class=\"wp-image-20961\" srcset=\"https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/04\/image_fx-86-1024x559.png 1024w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/04\/image_fx-86-300x164.png 300w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/04\/image_fx-86-768x419.png 768w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/04\/image_fx-86.png 1408w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Key Points<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Nikkei 225<\/strong> fell <strong>2.4% to 48,625.88<\/strong>, down <strong>3.5% for the week<\/strong>.<\/li>\n\n\n\n<li><strong>Tech heavyweights<\/strong> including <strong>Advantest (-12%)<\/strong> and <strong>SoftBank Group (-10.9%)<\/strong> led declines.<\/li>\n\n\n\n<li>Yen weakness and fiscal concerns from a new <strong>stimulus package<\/strong> added to trader caution.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>Japanese shares mirrored Wall Street\u2019s downturn after U.S. stocks reversed gains overnight, with <strong>Nvidia\u2019s record profits<\/strong> failing to offset mounting worries over lofty AI-sector valuations.<\/p>\n\n\n\n<p>Analysts said the reaction reflected trader fatigue in tech-heavy names following months of outsized gains. \u201cNvidia\u2019s results were strong, but not strong enough to justify current price multiples,\u201d said Fumika Shimizu, strategist at <strong>Nomura Securities<\/strong>.<\/p>\n\n\n\n<p>The <strong>Nikkei\u2019s<\/strong> losses were compounded by profit-taking ahead of a <strong>long weekend<\/strong> in Japan and concerns about the government\u2019s <strong>new stimulus plan<\/strong>, which has raised questions about fiscal sustainability.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Japan\u2019s inflation rose in October, keeping the Bank of Japan on track for an interest rate hike in coming months as Prime Minister Sanae Takaichi prepares an economic package aiming to soothe discontent over rising costs of living <a href=\"https:\/\/t.co\/tP0W5RnGJr\">https:\/\/t.co\/tP0W5RnGJr<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1991666146047660160?ref_src=twsrc%5Etfw\">November 21, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Fiscal and Currency Pressures Mount<\/h2>\n\n\n\n<p>The <strong>yen<\/strong> traded near a <strong>10-month low<\/strong>, while <strong>Japanese government bond yields<\/strong> hovered close to multi-decade highs after Prime Minister <strong>Sanae Takaichi\u2019s cabinet<\/strong> approved a massive economic support package.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Japanese Prime Minister Sanae Takaichi\u2019s cabinet approved the largest round of extra spending since the pandemic, deploying funds to address the frustrations of voters in a package that may unsettle investors scrutinizing the nation\u2019s finances <a href=\"https:\/\/t.co\/SeJ5hSlr6M\">https:\/\/t.co\/SeJ5hSlr6M<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1991717313410670966?ref_src=twsrc%5Etfw\">November 21, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>\u201cConcerns about Japan\u2019s fiscal deterioration and the so-called negative aspects of yen weakness are likely emerging,\u201d Shimizu added, pointing to rising import costs and narrowing corporate margins.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Japan ramps up warning of yen intervention, chance of near-term rate hike <a href=\"https:\/\/t.co\/XmlMMSS8wW\">https:\/\/t.co\/XmlMMSS8wW<\/a> <a href=\"https:\/\/t.co\/XmlMMSS8wW\">https:\/\/t.co\/XmlMMSS8wW<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1991766043761480064?ref_src=twsrc%5Etfw\">November 21, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<p>The Nikkei 225 is pulling back from its November peak near 52,669 after a strong multi-month rally, but the broader trend still leans bullish.<\/p>\n\n\n\n<p>Price has slipped under the short-term moving averages, yet it continues to hold above the long-term trend line that has supported every dip since May.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"449\" src=\"https:\/\/www.vtmarkets.com\/sv\/wp-content\/uploads\/sites\/10\/2025\/11\/image-40-1024x449.jpeg\" alt=\"\" class=\"wp-image-35310\" srcset=\"https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/11\/image-40-1024x449.jpeg 1024w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/11\/image-40-300x132.jpeg 300w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/11\/image-40-768x337.jpeg 768w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/11\/image-40.jpeg 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>This suggests the current decline is more of a corrective move than a full trend reversal, as long as the index stays above the 48,000\u201347,500 region.<\/p>\n\n\n\n<p>Momentum is weakening, however. The MACD has crossed below the signal line and dipped deeper into negative territory, showing that sellers still have control in the short term.<\/p>\n\n\n\n<p>If the index cannot reclaim 50,000 soon, the pullback may extend toward the 46,500\u201345,500 zone, where the next cluster of support sits. A clean rebound back above 50,000 would indicate buyers returning and set the stage for another test of the all-time highs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Outlook<\/h2>\n\n\n\n<p>Market sentiment remains fragile as Japan balances <strong>stimulus-driven growth hopes<\/strong> against <strong><a href=\"https:\/\/t.co\/kHM0HDffLP\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">rising fiscal and currency risks<\/a><\/strong>. Traders are likely to remain cautious ahead of global macro data next week, with the <strong>AI sector\u2019s performance<\/strong> continuing to dictate market direction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan\u2019s Nikkei 225 fell sharply, dragged lower by technology stocks following overnight losses on Wall Street as renewed valuation concerns hit the AI sector. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":5,"featured_media":20961,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[8,24],"class_list":["post-35309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-indices","tag-nikkei"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/posts\/35309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/comments?post=35309"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/posts\/35309\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/media\/20961"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/media?parent=35309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/categories?post=35309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/tags?post=35309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}