{"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\/fr\/2025\/11\/19\/20251118en\/","title":{"rendered":"Commentaire quotidien d&#039;Amillex sur les march\u00e9s\u00a0: Panique mondiale et vente massive\u00a0; le Nasdaq chute de plus de 11\u00a0000\u00a0dollars, les actions japonaises plongent de 31\u00a0000\u00a0dollars \u00e0 leur plus bas niveau en trois semaines\u00a0; l&#039;or rebondit \u00e0 1\u00a0040\u00a0060\u00a0dollars gr\u00e2ce \u00e0 la demande de valeurs refuges."},"content":{"rendered":"<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<h2 class=\"wp-block-heading\">19 novembre 2025 \u2014 Les actions am\u00e9ricaines ont ouvert en baisse et ont accentu\u00e9 leurs pertes, le Nasdaq chutant de pr\u00e8s de 11\u00a0000 points. L\u2019indice Nikkei 225 japonais a d\u00e9gringol\u00e9 de plus de 31\u00a0000 points, tandis que le yen a atteint un nouveau plus bas annuel \u00e0 155,37. L\u2019or au comptant a rebondi en V pour atteindre 1\u00a0040\u00a0000 dollars, et le Bitcoin est pass\u00e9 sous la barre des 1\u00a0040\u00a0000 dollars.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Actions am\u00e9ricaines\u00a0: le secteur technologique en t\u00eate des baisses, la pression sur les valorisations s\u2019accentuant avant la publication des r\u00e9sultats de Nvidia<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Le Dow Jones a chut\u00e9 de plus de 0,7%, le Nasdaq a baiss\u00e9 de pr\u00e8s de 0,6% et le S&amp;P 500 a suivi \u00e0 la baisse.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">L&#039;indice des semi-conducteurs de Philadelphie a chut\u00e9 de 3%.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Points saillants du titre\u00a0:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 L&#039;action Nvidia a chut\u00e9 de 3,41 % (TP3T) dans un contexte de forte prudence avant la publication des r\u00e9sultats.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 AMD a gliss\u00e9 6%<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Amazon a baiss\u00e9 de 3,61 TP3T<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Logique sectorielle\u00a0:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Pression sur les valorisations : JPMorgan a mis en garde contre une r\u00e9\u00e9valuation n\u00e9cessaire du secteur de l&#039;IA ; l&#039;indice technologique \u00ab Magnificent Seven \u00bb a chut\u00e9 de 2,51 TP3T.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Risque li\u00e9 aux \u00e9v\u00e9nements : Les march\u00e9s sont concentr\u00e9s sur les r\u00e9sultats de Nvidia, attendus mercredi (chiffre d&#039;affaires pr\u00e9vu : $54,9B) et sur le rapport, report\u00e9 \u00e0 jeudi, concernant l&#039;emploi non agricole.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">March\u00e9s Asie-Pacifique\u00a0: Le Japon subit un triple choc sur les march\u00e9s actions, obligataires et des changes\u00a0; le Nikkei atteint son plus bas niveau mensuel.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Le Nikkei 225 a chut\u00e9 au-dessus de 3%, le TOPIX chutant en m\u00eame temps.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Le yen s&#039;est affaibli \u00e0 155,37 pour un dollar et a franchi la barre des 180 pour un euro, un plus bas historique.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Le rendement des obligations d&#039;\u00c9tat japonaises \u00e0 10 ans a grimp\u00e9 \u00e0 1,754%, son plus haut niveau depuis juin 2008.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Conducteurs :<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Pr\u00e9occupations politiques : Les march\u00e9s sp\u00e9culent sur le fait que l&#039;administration Takai d\u00e9voilera un plan de relance de grande envergure, ce qui intensifie les craintes concernant la soutenabilit\u00e9 de la dette.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Risque g\u00e9opolitique\u00a0: Les relations tendues entre la Chine et le Japon ont pes\u00e9 sur les flux de capitaux \u00e9trangers\u00a0; Invesco a constat\u00e9 une d\u00e9t\u00e9rioration de la confiance des investisseurs.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">March\u00e9s des changes : le yen atteint un nouveau plus bas annuel, les flux de capitaux vers les valeurs refuges reviennent vers le dollar<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">L&#039;indice du dollar s&#039;est renforc\u00e9 gr\u00e2ce \u00e0 un sentiment g\u00e9n\u00e9ral d&#039;aversion au risque.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Le yen s&#039;est fortement affaibli face aux principales paires de devises.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">La paire EUR\/JPY a franchi la barre des 180, tandis que la paire GBP\/JPY a \u00e9galement recul\u00e9.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Contexte politique\u00a0:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Les chances d\u2019une baisse des taux de la Fed en d\u00e9cembre sont tomb\u00e9es \u00e0 40%.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Les sp\u00e9culations concernant une intervention de la Banque du Japon se sont intensifi\u00e9es, mais aucune mesure n&#039;a \u00e9t\u00e9 prise.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">M\u00e9taux pr\u00e9cieux\u00a0: l\u2019or rebondit gr\u00e2ce aux achats refuges apr\u00e8s la d\u00e9b\u00e2cle des march\u00e9s boursiers mondiaux.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">L&#039;or au comptant a rebondi apr\u00e8s avoir atteint un plus bas intraday de $3,997, cl\u00f4turant en hausse de 0,36% \u00e0 $4,060.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Le cours de l&#039;argent au comptant a chut\u00e9 de plus de 1%.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Dynamique long-court\u00a0:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Facteurs favorables\u00a0: La vente massive d\u2019actions \u00e0 l\u2019\u00e9chelle mondiale a stimul\u00e9 la demande de valeurs refuges\u00a0; les divergences de vues sur la politique de la Fed ont ajout\u00e9 \u00e0 l\u2019incertitude.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Vents contraires\u00a0: Un dollar plus fort et des rendements am\u00e9ricains plus \u00e9lev\u00e9s ont limit\u00e9 la hausse\u00a0; le niveau $4000 reste un support technique cl\u00e9.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Cryptomonnaies\u00a0: Le Bitcoin passe sous la barre des $90\u00a0000 suite au d\u00e9nouement des positions longues \u00e0 effet de levier<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin a chut\u00e9 de plus de 3% pour atteindre moins de $89 000, tandis qu&#039;Ethereum est tomb\u00e9 sous les $3 000.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Sentiment du march\u00e9 :<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 La pression g\u00e9n\u00e9ralis\u00e9e en faveur de l&#039;aversion au risque s&#039;est intensifi\u00e9e sur l&#039;ensemble des actifs risqu\u00e9s.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Les ETF Bitcoin ont continu\u00e9 d&#039;enregistrer des sorties de capitaux.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Lombard Odier a not\u00e9 que les anticipations d&#039;assouplissement de la politique mon\u00e9taire de la Fed sont en cours de r\u00e9ajustement, ce qui tire les actifs num\u00e9riques vers le bas.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Mati\u00e8res premi\u00e8res : Le p\u00e9trole sous pression en raison des inqui\u00e9tudes concernant l&#039;approvisionnement et d&#039;une aversion au risque plus g\u00e9n\u00e9rale<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Bien qu&#039;aucune nouvelle cotation n&#039;ait \u00e9t\u00e9 publi\u00e9e durant la nuit, l&#039;aversion mondiale au risque et les inqui\u00e9tudes persistantes concernant la surproduction de l&#039;OPEP+ ont continu\u00e9 de peser sur les prix du p\u00e9trole brut.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Les donn\u00e9es pr\u00e9c\u00e9dentes montraient que le WTI oscillait en dessous de $60, la faiblesse de la demande \u00e9tant le principal facteur analys\u00e9.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Les m\u00e9taux industriels tels que le cuivre ont \u00e9galement recul\u00e9 dans un contexte d&#039;inqui\u00e9tudes croissantes concernant la croissance mondiale.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">L&#039;objectif du jour<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Donn\u00e9es sur les stocks de p\u00e9trole brut de l&#039;API am\u00e9ricaine<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 IPC de la zone euro (lecture finale)<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Rencontre entre la Premi\u00e8re ministre japonaise Sanae Takai et le gouverneur de la Banque du Japon Kazuo Ueda\u00a0: l\u2019accent est mis sur la coordination des politiques<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">\u2022 Ajustements de position avant la publication des r\u00e9sultats de Nvidia<\/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":"","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\/fr\/wp-json\/wp\/v2\/posts\/3143","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=3143"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/3143\/revisions"}],"predecessor-version":[{"id":3145,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/3143\/revisions\/3145"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/media\/3144"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/media?parent=3143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/categories?post=3143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/tags?post=3143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}