{"id":3109,"date":"2025-11-12T14:23:52","date_gmt":"2025-11-12T03:23:52","guid":{"rendered":"https:\/\/www.amillex.com\/?p=3109"},"modified":"2025-12-23T19:34:37","modified_gmt":"2025-12-23T08:34:37","slug":"20251111en","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/fr\/2025\/11\/12\/20251111en\/","title":{"rendered":"Analyse quotidienne des march\u00e9s d'Amillex\u00a0: Les inqui\u00e9tudes concernant la valorisation des valeurs technologiques refont surface et font chuter le Nasdaq de 0,851\u00a0TP3T\u00a0; l'or passe sous la barre des 4\u00a0100\u00a0TP4T4, les march\u00e9s attendant la r\u00e9ouverture des services gouvernementaux am\u00e9ricains et la reprise des activit\u00e9s \u00e9conomiques."},"content":{"rendered":"
\n

12 novembre 2025 \u2014 Les march\u00e9s boursiers am\u00e9ricains ont affich\u00e9 des performances mitig\u00e9es lundi\u00a0: le Nasdaq a recul\u00e9 de 0,851\u00a0TP3T, le S&P\u00a0500 de 0,341\u00a0TP3T et le Dow Jones a l\u00e9g\u00e8rement progress\u00e9 de 0,031\u00a0TP3T. L\u2019or au comptant est pass\u00e9 sous la barre des 4\u00a0100\u00a0$ ($4\u00a0100), enregistrant une baisse de plus de 0,41\u00a0TP3T en s\u00e9ance\u00a0; le Bitcoin a chut\u00e9 de plus de 11\u00a0TP3T pour s\u2019\u00e9tablir \u00e0 105\u00a0000\u00a0$ ($105\u00a0000). L\u2019indice du dollar am\u00e9ricain s\u2019est l\u00e9g\u00e8rement affaibli, tandis que le p\u00e9trole brut a progress\u00e9 de plus de 11\u00a0TP3T. Les investisseurs restent partag\u00e9s entre les pressions li\u00e9es \u00e0 une \u00ab\u00a0correction des valorisations\u00a0\u00bb et l\u2019optimisme suscit\u00e9 par une \u00ab\u00a0clart\u00e9 politique\u00a0\u00bb alors que le blocage budg\u00e9taire aux \u00c9tats-Unis touche \u00e0 sa fin.<\/h2>\n\n\n\n

Actions am\u00e9ricaines : les valeurs technologiques affichent la plus forte baisse, les secteurs de l'\u00e9nergie et de la finance surperforment.<\/h2>\n\n\n\n

Nasdaq \u22120,85% ; S&P 500 \u22120,34% ; Dow Jones +0,03%<\/h2>\n\n\n\n

Indice Nasdaq Golden Dragon China +0,6%<\/h2>\n\n\n\n

Performance sectorielle\u00a0: ETF Semiconducteurs \u22120,94%, ETF Technologie \u22120,62%\u00a0; ETF \u00c9nergie +0,94%, ETF Banque +0,47%<\/h2>\n\n\n\n

Points saillants du titre\u00a0:<\/h2>\n\n\n\n

NVIDIA (\u22123,47%) \u2013 SoftBank Group a vendu la totalit\u00e9 de sa participation, d\u00e9clenchant des ventes massives d'actions li\u00e9es \u00e0 l'IA.<\/h2>\n\n\n\n

CoreWeave (\u221213%) \u2013 A r\u00e9duit ses pr\u00e9visions de revenus pour l'ann\u00e9e compl\u00e8te ; Mizuho Securities a abaiss\u00e9 son objectif de cours \u00e0 $120.<\/h2>\n\n\n\n

Meta (\u22121,67%) \u2013 Des rumeurs circulent selon lesquelles le scientifique en chef en IA, Yann LeCun, envisage de quitter l'entreprise et de cr\u00e9er sa propre soci\u00e9t\u00e9.<\/h2>\n\n\n\n

Principaux facteurs moteurs :<\/h2>\n\n\n\n

Pr\u00e9occupations li\u00e9es \u00e0 la valorisation\u00a0: Apr\u00e8s des hausses soutenues, des prises de b\u00e9n\u00e9fices ont affect\u00e9 les valeurs technologiques, tandis que la faiblesse des donn\u00e9es sur l\u2019emploi d\u2019ADP a soulev\u00e9 des doutes quant \u00e0 la r\u00e9silience des b\u00e9n\u00e9fices.<\/h2>\n\n\n\n

Perspectives politiques : Alors que la paralysie du gouvernement am\u00e9ricain dure d\u00e9sormais depuis 41 jours et approche de sa r\u00e9solution, le retour des publications de donn\u00e9es \u00e9conomiques pourrait r\u00e9ajuster les attentes concernant une baisse des taux de la Fed en d\u00e9cembre (probabilit\u00e9 actuelle : 66%).<\/h2>\n\n\n\n

Mati\u00e8res premi\u00e8res : L'or passe sous la barre des 4\u00a0100\u00a0; le p\u00e9trole se maintient aux alentours de 60\u00a0%.<\/h2>\n\n\n\n

Le cours de l'or au comptant a chut\u00e9 de 0,4% \u00e0 $4,102, passant bri\u00e8vement sous le seuil de $4,100.<\/h2>\n\n\n\n

Le cours de l'argent au comptant baisse de 0,3% \u00e0 $50,32.<\/h2>\n\n\n\n

Contexte du march\u00e9\u00a0: La volatilit\u00e9 croissante des actifs \u00e0 risque a frein\u00e9 la demande de valeurs refuges, m\u00eame si les achats d\u2019or des banques centrales \u2013 men\u00e9s par le 12e mois cons\u00e9cutif d\u2019accumulation en Chine \u2013 continuent d\u2019offrir un soutien \u00e0 long terme.<\/h2>\n\n\n\n

March\u00e9 p\u00e9trolier :<\/h2>\n\n\n\n

Le prix du p\u00e9trole brut WTI a augment\u00e9 de 1% \u00e0 $60,78.<\/h2>\n\n\n\n

Les rapports d'inventaire de l'API et de l'EIA sont report\u00e9s aux 13 et 14 novembre en raison des jours f\u00e9ri\u00e9s.<\/h2>\n\n\n\n

\u00c9l\u00e9ments fondamentaux\u00a0: Le march\u00e9 reste \u00e9quilibr\u00e9 entre une meilleure conformit\u00e9 de l\u2019OPEP+ aux r\u00e9ductions de production et une reprise lente de la demande\u00a0; la r\u00e9ouverture des administrations pourrait stimuler les perspectives de consommation \u00e0 court terme.<\/h2>\n\n\n\n

Change et crypto : le dollar s'affaiblit l\u00e9g\u00e8rement ; le bitcoin poursuit son repli.<\/h2>\n\n\n\n

L'indice du dollar am\u00e9ricain baisse de 0,21% \u00e0 99,36 ; l'EUR\/USD reste stable \u00e0 1,1560.<\/h2>\n\n\n\n

Cryptomonnaies : Bitcoin \u22121,15% \u00e0 $105\u00a0200\u00a0; Ethereum \u22121,31% \u00e0 $3\u00a0562.<\/h2>\n\n\n\n

March\u00e9s mondiaux\u00a0: l\u2019Europe surperforme, l\u2019Asie affiche des r\u00e9sultats mitig\u00e9s<\/h2>\n\n\n\n

Europe : STOXX 50 +0,25% ; FTSE 100 +0,89%, atteignant un niveau record.<\/h2>\n\n\n\n

Asie-Pacifique : Nikkei 225 \u22120,14% ; KOSPI +0,8%.<\/h2>\n\n\n\n

Sentiment : Les valeurs cycliques europ\u00e9ennes ont profit\u00e9 de l'am\u00e9lioration des perspectives \u00e9conomiques, tandis que les investisseurs asiatiques se sont concentr\u00e9s sur les signes d'apaisement des tensions entre les \u00c9tats-Unis et la Chine.<\/h2>\n\n\n\n

L'objectif du jour<\/h2>\n\n\n\n

Donn\u00e9es de l'IPC am\u00e9ricain d'octobre<\/h2>\n\n\n\n

Progr\u00e8s de la r\u00e9ouverture du gouvernement am\u00e9ricain\u00a0: si le blocage prend officiellement fin, les donn\u00e9es en attente, telles que les cr\u00e9ations d\u2019emplois non agricoles et les ventes au d\u00e9tail, seront publi\u00e9es rapidement.<\/h2>\n\n\n\n

Rapport mensuel de l'OPEP sur le march\u00e9 p\u00e9trolier\u00a0: Toute r\u00e9vision \u00e0 la baisse des objectifs de production pourrait soutenir les prix du p\u00e9trole.<\/h2>\n\n\n\n

Donn\u00e9es financi\u00e8res chinoises d'octobre (TSF, M2)\u00a0: une croissance plus rapide du cr\u00e9dit pourrait att\u00e9nuer les inqui\u00e9tudes concernant un ralentissement \u00e9conomique.<\/h2>\n\n\n\n

Bulletin \u00e9conomique de la BCE\u00a0: Un ton sugg\u00e9rant que l\u2019inflation est sous contr\u00f4le pourrait temp\u00e9rer les anticipations de nouvelles hausses de taux cette ann\u00e9e.<\/h2>\n<\/blockquote>\n\n\n\n

<\/p>","protected":false},"excerpt":{"rendered":"

November 12, 2025 \u2014 U.S. equities were mixed on Monday, with the Nasdaq falling 0.85%, the S&P 500 down 0.34%, and the Dow edging up 0.03%. Spot gold slipped below the $4,100 mark, down over 0.4% intraday; Bitcoin dropped more than 1% to $105,000. The U.S. dollar index weakened slightly, while crude oil rose over […]<\/p>\n","protected":false},"author":4,"featured_media":3110,"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":"","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-3109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/3109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/comments?post=3109"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/3109\/revisions"}],"predecessor-version":[{"id":3111,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/3109\/revisions\/3111"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/media\/3110"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/media?parent=3109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/categories?post=3109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/tags?post=3109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}