{"id":3603,"date":"2026-01-13T14:14:37","date_gmt":"2026-01-13T03:14:37","guid":{"rendered":"https:\/\/www.amillex.com\/?p=3603"},"modified":"2026-01-13T15:27:30","modified_gmt":"2026-01-13T04:27:30","slug":"amillex-daily-market-commentary-capital-repricing-risk-gold-and-silver-enter-a-strong-rally","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/fr\/2026\/01\/13\/amillex-daily-market-commentary-capital-repricing-risk-gold-and-silver-enter-a-strong-rally\/","title":{"rendered":"Commentaire quotidien d&#039;Amillex sur les march\u00e9s | Risque de r\u00e9\u00e9valuation des capitaux, l&#039;or et l&#039;argent entament une forte hausse"},"content":{"rendered":"<p class=\"has-black-color has-text-color has-link-color wp-elements-c2f73cf3f7b194103af8a0d4f90fae9e\" style=\"font-size:18px\">Le 12 janvier 2026, les march\u00e9s mondiaux ont connu une forte hausse de la volatilit\u00e9, cons\u00e9quence d&#039;une \u00e9volution rapide du sentiment de risque. L&#039;incertitude croissante quant \u00e0 l&#039;environnement politique futur a incit\u00e9 les capitaux \u00e0 se tourner vers les valeurs refuges. L&#039;indice du dollar am\u00e9ricain et les contrats \u00e0 terme sur actions ont recul\u00e9 simultan\u00e9ment, tandis que les m\u00e9taux pr\u00e9cieux ont enregistr\u00e9 les plus fortes hausses. L&#039;or au comptant a franchi la barre des 4\u00a0600 dollars l&#039;once, atteignant un nouveau sommet historique, et l&#039;argent a \u00e9galement fortement progress\u00e9, port\u00e9 par une demande accrue de valeurs refuges.&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-a830d663da300b9bf5ed7f07b289dc3a\" style=\"font-size:18px\">Malgr\u00e9 des donn\u00e9es sur l&#039;emploi am\u00e9ricain relativement robustes, avec un taux de ch\u00f4mage qui s&#039;est \u00e9tabli \u00e0 4,41 milliards de dollars et des anticipations de taux globalement inchang\u00e9es, l&#039;attention du march\u00e9 s&#039;est d\u00e9plac\u00e9e des indicateurs individuels vers les primes d&#039;incertitude et la r\u00e9\u00e9valuation des risques. Les tensions g\u00e9opolitiques persistantes ont \u00e9galement soutenu les mati\u00e8res premi\u00e8res, le prix du p\u00e9trole brut d\u00e9passant bri\u00e8vement les 59 dollars le baril. \u00c0 court terme, les march\u00e9s devraient rester guid\u00e9s par les flux vers les valeurs refuges et la r\u00e9allocation d&#039;actifs, maintenant ainsi une volatilit\u00e9 \u00e9lev\u00e9e.&nbsp;<\/p>\n\n\n\n<div style=\"height:50px\" 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 wp-elements-36d0a7ca3d04cc5eca8992d784cfdfe1\" style=\"font-size:20px\"><strong>Analyse fondamentale et de la performance des actifs<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-ff0e5961634bc923a436ef778a7adaeb\" style=\"font-size:18px\"><strong>1. March\u00e9 des actions am\u00e9ricaines<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-9e396f3c0f8aebd49baa7f44cd7372cc\" 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-37d15c18a63d520be9ecd4e162b518da\" style=\"font-size:18px\"><strong>Indice Dow Jones\u00a0:<\/strong>&nbsp;en hausse d&#039;environ 0,17%, \u00e0 environ 49 590 points, marquant un nouveau record historique de cl\u00f4ture.&nbsp;<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-7e546dfbfa4c1358d90dd66c45e3ec0b\" style=\"font-size:18px\"><strong>Indice S&amp;P 500\u00a0:&nbsp;<\/strong>en hausse d&#039;environ 0,16%, cl\u00f4turant \u00e0 environ 6 977 points, soit un nouveau record historique de cl\u00f4ture.&nbsp;<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-8fd6975280cf76a6a48aa0199e9a02fb\" style=\"font-size:18px\"><strong>Indice composite Nasdaq\u00a0:&nbsp;<\/strong>En hausse d&#039;environ 0,26%, cl\u00f4turant \u00e0 environ 25 890 points, les valeurs technologiques \u00e9tant globalement plus fortes.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-ce01ece7080c2258b49ead1deb13385a\" style=\"font-size:18px\"><strong>Action en vedette :&nbsp;<\/strong>Alphabet (GOOGL)\u00a0: un nouveau pr\u00e9tendant au tr\u00f4ne de l\u2019IA. La performance de Google la nuit du 12\u00a0janvier a \u00e9t\u00e9 exceptionnellement forte, son cours atteignant un nouveau record historique et culminant \u00e0 334,04\u00a0USD en s\u00e9ance.&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-black-color has-text-color has-link-color wp-elements-16c091350ee1f7c3a4adbf09b1c850eb\" style=\"font-size:18px\"><strong>2.<\/strong>&nbsp;<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-876ebacb426d6d6758d607e17f67b0e4\" style=\"font-size:18px\"><strong>Indice du dollar am\u00e9ricain (DXY) :<\/strong>&nbsp;Le dollar se situe actuellement autour de 98,86. Les march\u00e9s craignent que la R\u00e9serve f\u00e9d\u00e9rale ne soit contrainte, sous la pression du gouvernement, de proc\u00e9der \u00e0 des baisses de taux \u00ab non \u00e9conomiques \u00bb, ce qui affaiblirait son attrait.&nbsp;<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-45d8c71316dd2fb5fffb817d207c081b\" style=\"font-size:18px\"><strong>EUR\/USD<\/strong>: \u00e0 1,1668. La faiblesse du dollar a donn\u00e9 un peu de r\u00e9pit \u00e0 l&#039;euro, le rebond \u00e0 partir d&#039;environ 1,1630 \u00e9tant largement d\u00fb \u00e0 des ventes passives de dollars.&nbsp;<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-af866c975eaf91ddb086f5fc7665bbcf\" style=\"font-size:18px\"><strong>USD\/JPY :<\/strong>&nbsp;\u00c0 158,11. Malgr\u00e9 le repli g\u00e9n\u00e9ral de l&#039;indice du dollar, le yen reste faible. L&#039;\u00e9cart de taux d&#039;int\u00e9r\u00eat entre les \u00c9tats-Unis et le Japon demeure proche de ses plus hauts historiques, et les capitaux continuent d&#039;affluer vers les actifs libell\u00e9s en dollars am\u00e9ricains ou l&#039;or.&nbsp;<\/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=\"has-black-color has-text-color has-link-color wp-elements-ff6a8b443a8bd973ca90a6f1108af1cf\" style=\"font-size:18px\"><strong>3. M\u00e9taux pr\u00e9cieux et mati\u00e8res premi\u00e8res<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-cc9f223f03de2395c0ec2ba0d5cfa4f8\" style=\"font-size:18px\"><strong>M\u00e9taux pr\u00e9cieux<\/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-90e084dff6e1b6853ccda160aebc084f\" style=\"font-size:18px\"><strong>Or au comptant (XAUUSD) :<\/strong>&nbsp;Le cours de l&#039;or a bondi de plus de 21 000 milliards de dollars en une seule journ\u00e9e, se maintenant fermement au-dessus de 4 600 dollars. Au-del\u00e0 des facteurs g\u00e9opolitiques, les inqui\u00e9tudes du march\u00e9 quant \u00e0 la capacit\u00e9 de la R\u00e9serve f\u00e9d\u00e9rale \u00e0 op\u00e9rer en toute ind\u00e9pendance sont devenues un nouveau moteur de la tendance haussi\u00e8re de l&#039;or sur le long terme.&nbsp;<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-be7cc0ab055c197d67751f0e0e7dae99\" style=\"font-size:18px\"><strong>Argent au comptant (XAGUSD) :<\/strong>&nbsp;\u00c0 85,21 dollars l&#039;once, l&#039;argent a fait preuve d&#039;une \u00e9lasticit\u00e9 remarquable et conna\u00eet actuellement un net rebond, aliment\u00e9 par la demande de valeurs refuges.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-9475610fc825ef459f8fc74a4c4a5372\" style=\"font-size:18px\"><strong>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-1b8b033590862f5b3072a446d9f79e2e\" style=\"font-size:18px\"><strong>P\u00e9trole brut WTI :<\/strong>&nbsp;\u00e0 59,50 dollars le baril. Les prix du p\u00e9trole se sont r\u00e9cemment stabilis\u00e9s dans une fourchette de 55 \u00e0 60 dollars.&nbsp;<\/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=\"has-black-color has-text-color has-link-color wp-elements-d532b64c1e575daf8e2c7edb10fc8fcd\" style=\"font-size:18px\"><strong>4. Actifs crypto et \u00e9volutions macro\u00e9conomiques<\/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-53e7f7e280035fe9c96db53b890af7bf\" style=\"font-size:18px\"><strong>Bitcoin (BTC) :<\/strong>&nbsp;Le dernier chiffre se situe autour de 91\u00a0340 USD. Avant la publication de l\u2019IPC, le sentiment d\u2019attentisme du march\u00e9 est extr\u00eamement fort, avec une l\u00e9g\u00e8re baisse sur 24 heures d\u2019environ 0,65%.&nbsp;<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-ac169d2865250be319e357731ddfedf1\" style=\"font-size:18px\"><strong>Ethereum (ETH) :<\/strong>&nbsp;Le cours de l&#039;ETH s&#039;\u00e9tablit autour de 3\u00a0110 USD, affichant une performance relativement stable. Si le sentiment g\u00e9n\u00e9ral du march\u00e9 s&#039;am\u00e9liore, son potentiel de hausse sera plus important.&nbsp;<\/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=\"has-black-color has-text-color has-link-color wp-elements-1a922f37f63fa72681fcbdf8fc7525a3\" style=\"font-size:18px\"><strong>5. \u00c9v\u00e9nements cl\u00e9s \u00e0 suivre aujourd&#039;hui<\/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-02ee14a77bda46e06a0b86ecff4ee5ce\" style=\"font-size:18px\">Provisoire : Variation de l&#039;emploi ADP aux \u00c9tats-Unis en d\u00e9cembre&nbsp;<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-e7b054f6edd06e91de99d63af5a95e5d\" style=\"font-size:18px\">Indice des prix \u00e0 la consommation (IPC) de base am\u00e9ricain de d\u00e9cembre (variation mensuelle)&nbsp;<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-e3ac43ffcd30b3385e92b2c535103a55\" style=\"font-size:18px\">IPC am\u00e9ricain de d\u00e9cembre (variation mensuelle)&nbsp;<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-4b3271a4062744cf46e0e7ef0311413d\" style=\"font-size:18px\">Indice des prix \u00e0 la consommation (IPC) am\u00e9ricain de d\u00e9cembre, en glissement annuel&nbsp;<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>","protected":false},"excerpt":{"rendered":"<p>On January 12, 2026, global markets saw a sharp rise in volatility as risk sentiment shifted rapidly. Growing uncertainty over the future policy environment drove capital toward safe-haven assets. The U.S. dollar index and equity futures weakened in tandem, while precious metals led gains. Spot gold surged above USD 4,600 per ounce to a new [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":3605,"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-3603","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\/3603","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/comments?post=3603"}],"version-history":[{"count":2,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/3603\/revisions"}],"predecessor-version":[{"id":3609,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/3603\/revisions\/3609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/media\/3605"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/media?parent=3603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/categories?post=3603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/tags?post=3603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}