{"id":4262,"date":"2026-03-18T19:16:26","date_gmt":"2026-03-18T08:16:26","guid":{"rendered":"https:\/\/www.amillex.com\/?p=4262"},"modified":"2026-03-18T19:16:28","modified_gmt":"2026-03-18T08:16:28","slug":"amillex-daily-market-commentary-fed-decision-meets-inflation-uncertainty-gold-holding-firm-around-the-5000-level","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/fr\/2026\/03\/18\/amillex-daily-market-commentary-fed-decision-meets-inflation-uncertainty-gold-holding-firm-around-the-5000-level\/","title":{"rendered":"Commentaire quotidien d'Amillex sur les march\u00e9s | D\u00e9cision de la Fed face \u00e0 l'incertitude inflationniste, l'or se maintient autour du seuil des 5\u00a0000 $\u00a0"},"content":{"rendered":"

Sur 18 mars 2026<\/strong>, Les march\u00e9s financiers mondiaux \u00e9voluent actuellement au c\u0153ur d'un environnement macro\u00e9conomique complexe. Les inqui\u00e9tudes concernant l'approvisionnement \u00e9nerg\u00e9tique, aliment\u00e9es par certains d\u00e9veloppements g\u00e9opolitiques et s\u00e9curitaires, continuent de soutenir la demande de valeurs refuges, maintenant ainsi les cours de l'or \u00e0 un niveau \u00e9lev\u00e9. En d\u00e9but de s\u00e9ance asiatique, le cours de l'or au comptant a \u00e9volu\u00e9 dans une fourchette \u00e9troite et s'est maintenu au-dessus du seuil cl\u00e9. 5000,72 USD\/oz<\/strong> niveau. <\/p>\n\n\n\n

Bien que la prime de risque demeure \u00e9lev\u00e9e, le march\u00e9 subit \u00e9galement une pression baissi\u00e8re li\u00e9e \u00e0 la r\u00e9surgence des craintes inflationnistes. De l\u00e9g\u00e8res variations des rendements des bons du Tr\u00e9sor am\u00e9ricain, conjugu\u00e9es \u00e0 un affaiblissement de l'indice du dollar, dessinent une structure mitig\u00e9e pour l'or autour de 10\u00a0000\u00a0$. niveau psychologique de 5000 USD<\/strong>. <\/p>\n\n\n\n

Dans le m\u00eame temps, la volatilit\u00e9 des march\u00e9s de l'\u00e9nergie s'est intensifi\u00e9e. Le prix du p\u00e9trole brut am\u00e9ricain a fortement augment\u00e9 pour atteindre 95,22 dollars par baril<\/strong> alors que les probl\u00e8mes d'approvisionnement s'aggravaient, renfor\u00e7ant les inqui\u00e9tudes concernant l'inflation par les co\u00fbts dans les principales \u00e9conomies. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Performance des actifs et aper\u00e7u fondamental<\/strong> <\/p>\n\n\n\n

1. March\u00e9 des actions am\u00e9ricaines<\/strong> <\/p>\n\n\n\n

Performance de l'indice<\/strong> <\/p>\n\n\n\n

    \n
  • DJI (Dow Jones) :<\/strong>\u00a046\u00a0993,26, en hausse\u00a00,10%<\/strong>\u00a0En s\u00e9ance, l'indice reste bloqu\u00e9 sous le seuil psychologique des 47\u00a0000 points, les investisseurs demeurant prudents avant l'annonce de la Fed.\u00a0<\/li>\n\n\n\n
  • SPX (S&P 500) :<\/strong>\u00a06\u00a0724,47, en hausse\u00a00,01%<\/strong>. L\u2019app\u00e9tit pour le risque demeure limit\u00e9 en raison de l\u2019incertitude quant \u00e0 l\u2019\u00e9volution future des taux.\u00a0<\/li>\n\n\n\n
  • NDX (Nasdaq 100) :<\/strong>\u00a025\u00a0050,50, en hausse\u00a00,14%<\/strong>. Les investisseurs r\u00e9\u00e9valuent la valorisation des actions de croissance dans un contexte de perspectives neutres-restrictives de la Fed.\u00a0<\/li>\n<\/ul>\n\n\n\n

    Focus sur les actions<\/strong> <\/p>\n\n\n\n

      \n
    • Tesla, Inc. (TSLA) :<\/strong>\u00a0399,27 USD, en hausse\u00a00,94%<\/strong>. Malgr\u00e9 un march\u00e9 globalement calme, Tesla a conserv\u00e9 une relative solidit\u00e9 et approche d'un cap cl\u00e9.\u00a0Niveau de 400 USD<\/strong>.\u00a0<\/li>\n<\/ul>\n\n\n\n
      <\/div>\n\n\n\n

      2. March\u00e9 des changes<\/strong> <\/p>\n\n\n\n

        \n
      • DXY (Indice du dollar am\u00e9ricain) :<\/strong>\u00a099,580 et plus\u00a00,02%<\/strong>. Les anticipations de taux inchang\u00e9s de la Fed sont d\u00e9j\u00e0 largement int\u00e9gr\u00e9es aux cours, toute \u00e9volution ult\u00e9rieure d\u00e9pendant de tout changement dans les perspectives du graphique \u00e0 points.\u00a0<\/li>\n\n\n\n
      • USD\/JPY :<\/strong>\u00a0159.018, en hausse\u00a00,02%<\/strong>. La paire reste au-dessus de 159, tandis que la faiblesse du yen se poursuit sous la pression des diff\u00e9rentiels de taux d'int\u00e9r\u00eat.\u00a0<\/li>\n\n\n\n
      • EUR\/USD :<\/strong>\u00a01,15363, en baisse\u00a00,03%<\/strong>. L\u2019euro reste sous pression en raison de la r\u00e9silience du dollar am\u00e9ricain et de la prime de risque g\u00e9opolitique, et ne parvient pas \u00e0 sortir de sa fourchette actuelle.\u00a0<\/li>\n<\/ul>\n\n\n\n
        <\/div>\n\n\n\n

        3. M\u00e9taux pr\u00e9cieux et mati\u00e8res premi\u00e8res<\/strong> <\/p>\n\n\n\n

        M\u00e9taux pr\u00e9cieux<\/strong> <\/p>\n\n\n\n

          \n
        • Or (XAU\/USD) :<\/strong>\u00a05\u00a0001,29 USD\/oz, en baisse\u00a00,09%<\/strong>. La demande de valeurs refuges, aliment\u00e9e par les tensions g\u00e9opolitiques, est actuellement compens\u00e9e par des anticipations revues \u00e0 la baisse concernant les taux d'int\u00e9r\u00eat et par des co\u00fbts de d\u00e9tention plus \u00e9lev\u00e9s.\u00a0<\/li>\n\n\n\n
        • Argent (XAG\/USD) :<\/strong>\u00a079,29 USD\/oz, en hausse\u00a00,01%<\/strong>. Le m\u00e9tal argent\u00e9 reste relativement stable, soutenu par son double r\u00f4le d'actif \u00e0 la fois industriel et financier.\u00a0<\/li>\n<\/ul>\n\n\n\n

          mati\u00e8res premi\u00e8res<\/strong> <\/p>\n\n\n\n

            \n
          • P\u00e9trole brut WTI (XTI\/USD) :<\/strong>\u00a095,44 USD\/baril, en baisse\u00a00,37%<\/strong>. Un l\u00e9ger repli technique a suivi les fortes hausses r\u00e9centes, mais le soutien du c\u00f4t\u00e9 de l'offre reste solide en raison des inqui\u00e9tudes concernant le\u00a0D\u00e9troit d'Ormuz<\/strong>\u00a0continuer.\u00a0<\/li>\n<\/ul>\n\n\n\n
            <\/div>\n\n\n\n

            4. \u00c9volutions crypto et macro\u00e9conomiques<\/strong> <\/p>\n\n\n\n

              \n
            • Bitcoin (BTC\/USD) :<\/strong>\u00a073\u00a0750 USD, en baisse\u00a00,24%<\/strong>. Le sentiment sur le march\u00e9 des cryptomonnaies reste morose avant la d\u00e9cision de la Fed, refl\u00e9tant un positionnement d\u00e9fensif face \u00e0 des anticipations de liquidit\u00e9s plus restreintes.\u00a0<\/li>\n\n\n\n
            • Ethereum (ETH\/USD) :<\/strong>\u00a02\u00a0314,0 USD, en baisse\u00a00,18%<\/strong>. L'ETH reste faible, son prix se consolidant toujours pr\u00e8s des niveaux de support inf\u00e9rieurs.\u00a0<\/li>\n<\/ul>\n\n\n\n
              <\/div>\n\n\n\n

              5. Le th\u00e8me du jour<\/strong> <\/p>\n\n\n\n

                \n
              • Indice des prix \u00e0 la production (IPP) de base am\u00e9ricain de f\u00e9vrier (variation mensuelle)\u00a0<\/li>\n\n\n\n
              • Indice des prix \u00e0 la production (IPP) am\u00e9ricain de f\u00e9vrier (m\/m)\u00a0<\/li>\n\n\n\n
              • D\u00e9cision de la Banque du Canada concernant les taux d'int\u00e9r\u00eat<\/strong>\u00a0<\/li>\n\n\n\n
              • D\u00e9claration de politique mon\u00e9taire et conf\u00e9rence de presse de la Banque du Canada\u00a0<\/li>\n<\/ul>\n\n\n\n
                <\/div>","protected":false},"excerpt":{"rendered":"

                On 18 March 2026, global financial markets are sitting right in the middle of a complex macro environment. Concerns over energy supply triggered by specific geopolitical security developments have continued to support safe-haven demand, keeping gold prices well supported. During early Asian trading, spot gold moved within a narrow range and held above the key USD 5000.72\/oz level.  […]<\/p>\n","protected":false},"author":9,"featured_media":4259,"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-4262","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\/4262","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=4262"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/4262\/revisions"}],"predecessor-version":[{"id":4263,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/4262\/revisions\/4263"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/media\/4259"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/media?parent=4262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/categories?post=4262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/tags?post=4262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}