{"id":3304,"date":"2025-12-03T16:29:11","date_gmt":"2025-12-03T05:29:11","guid":{"rendered":"https:\/\/www.amillex.com\/?p=3304"},"modified":"2025-12-23T19:32:45","modified_gmt":"2025-12-23T08:32:45","slug":"2025122en","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/fr\/2025\/12\/03\/2025122en\/","title":{"rendered":"Analyse quotidienne des march\u00e9s d&#039;Amillex\u00a0: Les divergences politiques entre les \u00c9tats-Unis et le Japon influencent les march\u00e9s\u00a0; le secteur technologique tire Wall Street vers le haut\u00a0; l&#039;or chute sous la barre des 4\u00a0190\u00a0$\u00a0; le bitcoin rebondit \u00e0 87\u00a0000\u00a0$."},"content":{"rendered":"<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<h2 class=\"wp-block-heading\">3 d\u00e9cembre 2025 \u2014 Les actions am\u00e9ricaines ont ouvert en hausse g\u00e9n\u00e9ralis\u00e9e, le Nasdaq progressant de 0,451\u00a0TP3T. L\u2019indice du dollar est rest\u00e9 stable \u00e0 99,40, tandis que le yen s\u2019est d\u00e9pr\u00e9ci\u00e9 \u00e0 155,76 pour un dollar. L\u2019or au comptant a chut\u00e9 de plus de 11\u00a0TP3T, passant sous la barre des $4\u00a0190\u00a0dollars l\u2019once. Le bitcoin a rebondi de 1,21\u00a0TP3T \u00e0 $87\u00a0457, mettant fin \u00e0 sa r\u00e9cente s\u00e9rie de pertes.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Principaux mouvements du march\u00e9 et analyse fondamentale<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">1. Actions am\u00e9ricaines : Les valeurs technologiques tirent les gains ; les ADR chinois affichent une performance mitig\u00e9e.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Le S&amp;P 500 a progress\u00e9 de 0,27% pour atteindre 6\u00a0830,96, le Dow a grimp\u00e9 de 0,27% pour s\u2019\u00e9tablir \u00e0 47\u00a0416,91 et le Nasdaq a gagn\u00e9 0,45% pour cl\u00f4turer \u00e0 23\u00a0379,75.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Faits saillants du secteur :<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Les semi-conducteurs ont progress\u00e9 (Nvidia en hausse de pr\u00e8s de 3%), suivis par les valeurs li\u00e9es \u00e0 l&#039;IA.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Les ADR chinois \u00e9taient mitig\u00e9s : Pony.ai en hausse de 3,3%, Alibaba en baisse de 1,69%, Xpeng Motors en baisse de 4,33%.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Facteurs de march\u00e9 :<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Assouplissement des anticipations politiques : La probabilit\u00e9 d&#039;une baisse des taux de la Fed en d\u00e9cembre est pass\u00e9e \u00e0 85%, att\u00e9nuant les pressions sur les valorisations.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Des donn\u00e9es macro\u00e9conomiques d\u00e9cevantes : l&#039;indice PMI manufacturier de l&#039;ISM de novembre a chut\u00e9 \u00e0 48,2, renfor\u00e7ant la n\u00e9cessit\u00e9 d&#039;un assouplissement mon\u00e9taire.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">2. March\u00e9 des changes : le yen se replie ; les rendements des bons du Tr\u00e9sor am\u00e9ricain progressent l\u00e9g\u00e8rement.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">L&#039;indice du dollar am\u00e9ricain s&#039;est maintenu \u00e0 99,40, tandis que la paire EUR\/USD a l\u00e9g\u00e8rement recul\u00e9 \u00e0 1,1605.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Le yen s&#039;est affaibli \u00e0 155,76 pour un dollar, les r\u00e9centes anticipations de resserrement de la politique mon\u00e9taire de la Banque du Japon ayant entra\u00een\u00e9 des prises de b\u00e9n\u00e9fices \u00e0 court terme.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Principaux d\u00e9veloppements\u00a0:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Forte adjudication d&#039;obligations d&#039;\u00c9tat japonaises\u00a0: le rendement des obligations \u00e0 10\u00a0ans a chut\u00e9 \u00e0 1,855%, la demande robuste limitant la force du yen.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">La Fed adopte une attitude attentiste\u00a0: les march\u00e9s attendent les donn\u00e9es PCE de vendredi et la r\u00e9union du FOMC de d\u00e9cembre.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">3. M\u00e9taux pr\u00e9cieux\u00a0: repli technique de l\u2019or\u00a0; l\u2019argent se retire de la zone de surachat<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">L&#039;or au comptant a chut\u00e9 de 1%, passant sous la barre des $4,190, tandis que l&#039;argent a recul\u00e9 de 1,2% \u00e0 $57,27.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Pression technique :<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">L&#039;indice RSI de l&#039;argent a signal\u00e9 des conditions de surachat, d\u00e9clenchant des prises de b\u00e9n\u00e9fices \u00e0 court terme.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Le soutien fondamental demeure :<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Achats de la banque centrale\u00a0: La Banque populaire de Chine a augment\u00e9 ses r\u00e9serves d\u2019or pour le 12e mois cons\u00e9cutif, ses avoirs totaux d\u00e9passant 74,09 millions d\u2019onces.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Tensions g\u00e9opolitiques : l\u2019impasse dans les pourparlers russo-ukrainiens et le conflit au Moyen-Orient continuent de fournir un soutien \u00e0 long terme en tant que refuge s\u00fbr.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">4. Cryptomonnaie\u00a0: Le Bitcoin rebondit gr\u00e2ce \u00e0 l\u2019all\u00e8gement de la pression sur l\u2019effet de levier<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Les principaux jetons ont progress\u00e9, le Bitcoin gagnant 1,2% pour atteindre $87 457 et l&#039;Ethereum progressant \u00e9galement de 1,2%.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Le sentiment du march\u00e9 s&#039;am\u00e9liore :<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">La veille, on avait enregistr\u00e9 $985 millions de liquidations totales (90% positions longues), et les rachats de positions courtes ont contribu\u00e9 \u00e0 alimenter le rebond.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Demande institutionnelle stable : Coinbase a enregistr\u00e9 $120 millions de dollars d&#039;entr\u00e9es institutionnelles nettes.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">5. P\u00e9trole brut : Risques d&#039;approvisionnement face \u00e0 des perspectives de demande faibles<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Le prix du p\u00e9trole brut WTI oscillait autour de $59,4 dollars le baril, tandis que celui du Brent se situait \u00e0 $63,3 dollars.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Forces du taureau et de l&#039;ours :<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Risques d\u2019approvisionnement\u00a0: perturbations du pipeline de CPC en mer Noire et escalade des tensions entre les \u00c9tats-Unis et le Venezuela.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Vents contraires \u00e0 la demande\u00a0: faibles indices PMI mondiaux, r\u00e9ductions de production constantes de l\u2019OPEP+ et une augmentation des stocks de l\u2019EIA plus importante que pr\u00e9vu, de l\u2019ordre de 2,8 millions de barils.<\/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\">Rapport ADP sur l&#039;emploi aux \u00c9tats-Unis pour novembre<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Indice PMI des services de la zone euro (novembre, d\u00e9finitif)<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Indice des prix \u00e0 la production (IPP) de la zone euro en octobre (moment par mois)<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">PIB australien du troisi\u00e8me trimestre (en glissement annuel)<\/h2>\n<\/blockquote>","protected":false},"excerpt":{"rendered":"<p>December 3, 2025 \u2014 U.S. equities opened higher across the board, with the Nasdaq up 0.45%. The U.S. dollar index was flat at 99.40, while the yen weakened to 155.76 per dollar. Spot gold slipped more than 1%, breaking below $4,190 per ounce. Bitcoin rebounded 1.2% to $87,457, ending its recent losing streak. Key Market [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":3305,"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-3304","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\/3304","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=3304"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/3304\/revisions"}],"predecessor-version":[{"id":3306,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/3304\/revisions\/3306"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/media\/3305"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/media?parent=3304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/categories?post=3304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/tags?post=3304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}