Asia-Pacific Markets Exhibit Mixed Performance Amid Global Catalysts and Sectoral Shifts

Group 1 - Asia-Pacific markets showed mixed performance influenced by global risk sentiment, US-China trade optimism, and domestic factors [2][9] - Japanese equities, particularly the Nikkei 225, rose by 0.5% due to a weaker Yen and ongoing corporate earnings assessments [3][9] - The MSCI Asia Pacific Index increased by 0.6% on November 12, marking its longest winning streak in over a month, with contributions from TSMC, Mitsubishi UFJ Financial, and Sony [3][9] Group 2 - Chinese markets, including the Hang Seng and Shanghai Composite, declined by 0.3% and 0.6% respectively, primarily due to weakness in the technology sector affecting major e-commerce companies like Alibaba and JD.com [4][9] - The anticipated boost from China's Singles' Day did not fully materialize for tech stocks, as sales began weeks earlier to stimulate consumer spending [4][9] Group 3 - Australia's ASX 200 closed flat, with early gains offset by sectoral rotation; gold stocks and miners outperformed while technology and financial sectors lagged [5][9] - Despite a rise in Consumer Sentiment to a 7-year high, it had minimal impact on overall market risk appetite [5] Group 4 - Commodity markets saw crude benchmarks decline despite an IEA report indicating oil demand growth [6] - China's Commerce Ministry suspended its 2024 ban on approving exports of dual-use items related to gallium, germanium, antimony, and superhard materials until November 27, 2026 [6] - Chinese inflation data for October showed a year-on-year Consumer Price Index (CPI) of 0.2%, higher than the expected 0.0% [6]