{"id":3557,"date":"2026-01-07T14:17:10","date_gmt":"2026-01-07T03:17:10","guid":{"rendered":"https:\/\/www.amillex.com\/?p=3557"},"modified":"2026-01-07T14:17:12","modified_gmt":"2026-01-07T03:17:12","slug":"amillex-daily-market-commentary%ef%bd%9cglobal-uncertainty-intensifies-gold-and-silver-surge-risk-assets-diverge","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/fr\/2026\/01\/07\/amillex-daily-market-commentary%ef%bd%9cglobal-uncertainty-intensifies-gold-and-silver-surge-risk-assets-diverge\/","title":{"rendered":"Commentaire quotidien d&#039;Amillex sur les march\u00e9s | L&#039;incertitude mondiale s&#039;intensifie, l&#039;or et l&#039;argent flambent, les actifs \u00e0 risque divergent\u00a0"},"content":{"rendered":"<p class=\"has-black-color has-text-color has-link-color wp-elements-a780fd2e5c6e1863037470b5130948ef wp-block-paragraph\" style=\"font-size:18px\">Le 7 janvier 2025, l&#039;attention des march\u00e9s s&#039;est d\u00e9tourn\u00e9e du choc imm\u00e9diat d&#039;un \u00e9v\u00e9nement militaire soudain pour se concentrer sur les risques plus profonds et \u00e0 long terme pesant sur la cha\u00eene d&#039;approvisionnement \u00e9nerg\u00e9tique. Bien que l&#039;administration Trump ait sugg\u00e9r\u00e9 que des entreprises am\u00e9ricaines pourraient prendre le contr\u00f4le des champs p\u00e9troliers v\u00e9n\u00e9zu\u00e9liens, un soulagement \u00e0 court terme semblait improbable en raison du vieillissement des infrastructures locales et des r\u00e9ductions de production strictes impos\u00e9es par l&#039;OPEP+. Dans un contexte d&#039;aversion croissante au risque, l&#039;or a accentu\u00e9 sa progression de la s\u00e9ance pr\u00e9c\u00e9dente, gagnant environ 11\u00a0000 milliards de dollars pour cl\u00f4turer \u00e0 4\u00a0494 dollars l&#039;once et atteignant bri\u00e8vement 4\u00a0500,27 dollars, proche de son plus haut du 24 d\u00e9cembre \u00e0 4\u00a0549,71 dollars. L&#039;argent s&#039;est \u00e9galement raffermi, testant la barre des 81 dollars l&#039;once, port\u00e9 par la demande de valeurs refuges et sa corr\u00e9lation avec l&#039;or.&nbsp;<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center has-black-color has-text-color has-link-color has-medium-font-size wp-elements-b5d8e3cdb518c3c40b9349a5258c24aa wp-block-paragraph\"><strong>Analyse fondamentale et de la performance des march\u00e9s multi-actifs<\/strong>\u00a0<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-503ac5777d1e8abf8f3a8253c039a680 wp-block-paragraph\" style=\"font-size:18px\"><strong>1.&nbsp;<\/strong><strong>March\u00e9 des actions am\u00e9ricain<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-c6fc8ae895745b83dea2af601838a92d wp-block-paragraph\" style=\"font-size:18px\"><strong>Performance de l&#039;indice<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-54ea9c510799e855a750fbff028d2a26\" style=\"font-size:18px\">Indice Dow Jones Industrial Average : +0,99%, cl\u00f4turant \u00e0 49460, approchant la barre des 50 000.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-5b8a0f190d6704e181bfa11b1193b8c8\" style=\"font-size:18px\">Indice S&amp;P 500 : +0,62%, cl\u00f4turant \u00e0 6980, refl\u00e9tant un sentiment de march\u00e9 prudent dans un contexte d&#039;\u00e9v\u00e9nements macro\u00e9conomiques.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-7ca6bd66030f378bf67426cb28a1d3a0\" style=\"font-size:18px\">Indice Nasdaq 100 : +0,65%, cl\u00f4turant \u00e0 25800, soutenu par les valeurs technologiques, bien que l&#039;app\u00e9tit global pour de nouveaux gains reste limit\u00e9.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-842777eecc27a6e093dd5f26dcbc6a5c wp-block-paragraph\" style=\"font-size:18px\"><strong>Action&nbsp;<\/strong><strong>Se concentrer<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-700a14390369afc5211caa2634ae3fd4\" style=\"font-size:18px\"><strong>Moderna (ARNm) :<\/strong>\u00a0L&#039;action a bondi de pr\u00e8s de 111\u00a0000\u00a0$ mardi suite \u00e0 une r\u00e9vision \u00e0 la hausse de l&#039;objectif de cours par BofA Global Research, dans un contexte d&#039;optimisme persistant dans les secteurs li\u00e9s \u00e0 l&#039;IA, ce qui a tir\u00e9 vers le haut les actions am\u00e9ricaines en g\u00e9n\u00e9ral.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-42bde1b894e9b16229960124c5eb3cfa wp-block-paragraph\" style=\"font-size:18px\"><strong>R\u00e9sum\u00e9:<\/strong>&nbsp;Les indices am\u00e9ricains restent dans une phase de consolidation haussi\u00e8re \u00e0 court terme, mais les faibles volumes d&#039;\u00e9changes et la faible propension au risque sugg\u00e8rent que la dynamique du march\u00e9 d\u00e9pendra des prochaines donn\u00e9es sur l&#039;emploi et des signaux politiques.&nbsp;<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-941c88f9aa4909d8bd52358ca58ec17b wp-block-paragraph\" style=\"font-size:18px\"><strong>2.&nbsp;<\/strong><strong>March\u00e9 des changes<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-7e178a67617bae9e518560b51daeb6df\" style=\"font-size:18px\"><strong>Indice du dollar (DXY) :<\/strong>\u00a0Aux alentours de 98,5, avec une l\u00e9g\u00e8re tendance \u00e0 la hausse.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-e160cb6ffee350f5cfc8c0716c924119\" style=\"font-size:18px\"><strong>EUR\/USD :<\/strong>\u00a0En baisse de 0,26% \u00e0 1,169, sous la pression de rendements l\u00e9g\u00e8rement sup\u00e9rieurs des bons du Tr\u00e9sor am\u00e9ricain ; les march\u00e9s anticipent que la BCE maintiendra ses taux inchang\u00e9s.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-ae7b35f40fd5d0d3d028b9e0f742fd68\" style=\"font-size:18px\"><strong>USD\/JPY :<\/strong>\u00a0Maintien au-dessus de 156,60.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-73fe8fff6e5a01d92721ac94c495d727 wp-block-paragraph\" style=\"font-size:18px\"><strong>Logique de conduite :<\/strong>&nbsp;Le march\u00e9 des changes privil\u00e9gie un dollar stable voire fort, les capitaux se dirigeant vers des actifs plus s\u00fbrs.&nbsp;<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-ff6a8b443a8bd973ca90a6f1108af1cf wp-block-paragraph\" style=\"font-size:18px\"><strong>3. M\u00e9taux pr\u00e9cieux et mati\u00e8res premi\u00e8res<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-21885932a9ba1919945e96505c10a4e6\" style=\"font-size:18px\"><strong>Cours de l&#039;or (XAU\/USD) :<\/strong>\u00a0Poursuite de la hausse, avec une progression d&#039;environ 11,3 % pour cl\u00f4turer \u00e0 4\u00a0494 dollars l&#039;once. Lors de la s\u00e9ance asiatique, les prix se sont maintenus \u00e0 des niveaux \u00e9lev\u00e9s, atteignant 4\u00a0500,27 dollars l&#039;once \u00e0 7h30.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-4810136cc7ff06211d0ae2f31eb178c2\" style=\"font-size:18px\"><strong>Cours de l&#039;argent (XAG\/USD) :<\/strong>\u00a0Le TP3T a bondi de 5,41 en s\u00e9ance pour atteindre 80,68 dollars l&#039;once, franchissant une r\u00e9sistance cl\u00e9.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-42fd21715e25657d4fc6cebf475f6ee1\" style=\"font-size:18px\"><strong>P\u00e9trole brut WTI :<\/strong>\u00a0Les contrats \u00e0 terme am\u00e9ricains ont chut\u00e9 d&#039;environ 21,30 $ \u00e0 57,13 dollars le baril, se consolidant dans un canal bas.\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-0e7f37b9b425d2b780cda5818d3ca10d wp-block-paragraph\" style=\"font-size:18px\"><strong>4. Actifs crypto<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-000ed8b7e35191f771b692c1398385b2\" style=\"font-size:18px\"><strong>Bitcoin (BTC) :<\/strong>\u00a0Apr\u00e8s avoir atteint un sommet \u00e0 94\u00a0300 dollars avant de se consolider, le Bitcoin se n\u00e9gocie actuellement autour de 93\u00a0000 dollars. Dans ce contexte de tensions entre les flux de capitaux averses au risque et le dollar, son attrait en tant qu&#039;\u00ab\u00a0or num\u00e9rique\u00a0\u00bb demeure au centre des pr\u00e9occupations, avec un support \u00e0 court terme situ\u00e9 entre 90\u00a0000 et 92\u00a0000 dollars.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-8f061bfb23d7022781378ca88e8e1bed\" style=\"font-size:18px\"><strong>XRP (XRP\/USD) :<\/strong>\u00a0Elle a bondi de 11,94% en une seule journ\u00e9e, atteignant 2,41 dollars, devenant ainsi l&#039;un des points forts du march\u00e9 et refl\u00e9tant un net retour \u00e0 court terme de l&#039;app\u00e9tit pour le risque.\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-b7ddeeef7c2ae91c154e255ccb3cf5b3 wp-block-paragraph\" style=\"font-size:18px\"><strong>5.&nbsp;<\/strong><strong>Focus du jour<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-017825b65303949843892faecd527485\" style=\"font-size:18px\">Indice des prix \u00e0 la consommation (IPC) australien\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-8486d4a5dae730dccec7f6352e809c47\" style=\"font-size:18px\">IPC pr\u00e9liminaire de d\u00e9cembre de la zone euro\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-3f82fdb9b2057e66dc0388445580f862\" style=\"font-size:18px\">Emploi ADP aux \u00c9tats-Unis en d\u00e9cembre\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-d337d2c6ac2680ed82fc6fcf924b9407\" style=\"font-size:18px\">Canada d\u00e9cembre Ivey Manufacturing PMI\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-128380519ec88510addb004ba7cbc44b\" style=\"font-size:18px\">Indice PMI ISM am\u00e9ricain de d\u00e9cembre pour le secteur non manufacturier (services).\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-7acdaeb4f0a68fbc173314614c710b66\" style=\"font-size:18px\">Offres d&#039;emploi chez US JOLTS\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>","protected":false},"excerpt":{"rendered":"<p>On January 7, 2025, market attention shifted from the immediate shock of a sudden military event to deeper, long-term risks in the energy supply chain. Although the Trump administration suggested U.S. companies might take over Venezuelan oil fields, short-term relief appeared unlikely due to aging local infrastructure and OPEC+\u2019s strict production cuts. Amid rising risk-off [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":3562,"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-3557","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\/3557","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/comments?post=3557"}],"version-history":[{"count":2,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/3557\/revisions"}],"predecessor-version":[{"id":3559,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/3557\/revisions\/3559"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/media\/3562"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/media?parent=3557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/categories?post=3557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/tags?post=3557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}