{"id":38309,"date":"2025-07-02T10:50:36","date_gmt":"2025-07-02T08:50:36","guid":{"rendered":"https:\/\/www.sandp.ch\/perspectives-du-marche-t3-2025\/"},"modified":"2025-07-02T11:09:37","modified_gmt":"2025-07-02T09:09:37","slug":"perspectives-du-marche-t3-2025","status":"publish","type":"post","link":"https:\/\/www.sandp.ch\/fr\/perspectives-du-marche-t3-2025\/","title":{"rendered":"Perspectives du march\u00e9 T3 2025"},"content":{"rendered":"\t\t
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Perspectives du march\u00e9 T3 2025<\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Perspectives du march\u00e9 <\/span><\/span>T3 2025<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\u00c0 l’approche du troisi\u00e8me trimestre 2025, la croissance mondiale devrait se situer entre 2,3 % et 3,3 %. Le Japon et le Royaume-Uni font preuve de r\u00e9silience, mais la dynamique globale est fragile en raison des perturbations commerciales et du risque croissant de r\u00e9cession aux \u00c9tats-Unis, actuellement \u00e9valu\u00e9 \u00e0 40-45 %. La volatilit\u00e9 \u00e9tant probable, les investisseurs doivent rester s\u00e9lectifs et diversifi\u00e9s, en privil\u00e9giant les actifs de haute qualit\u00e9.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Aux \u00c9tats-Unis, l’indice S&P 500 s’\u00e9tablit \u00e0 6 092 et devrait atteindre 7 100 d’ici la fin de l’ann\u00e9e, gr\u00e2ce aux secteurs de la technologie et de l’industrie. Toutefois, la faiblesse des d\u00e9penses de consommation (PCE en hausse de 0,2 % seulement) et du secteur manufacturier (ISM \u00e0 48,5) est un signal d’alarme. Le risque de r\u00e9cession reste \u00e9lev\u00e9, ce qui rend les secteurs d\u00e9fensifs tels que les services publics et les entreprises stables plus attrayants.<\/p>

Au niveau mondial, la zone euro reste \u00e0 la tra\u00eene (croissance de 0,3 % au premier trimestre), tandis que l’expansion de 4,5 % de la Chine est entrav\u00e9e par les droits de douane. Le Japon et le Royaume-Uni r\u00e9sistent mieux, mais l’incertitude commerciale g\u00e9n\u00e9rale assombrit les perspectives. L’assouplissement mon\u00e9taire se poursuit : la Fed devrait r\u00e9duire ses taux \u00e0 deux reprises au troisi\u00e8me trimestre, visant 3,5 %-3,75 % d’ici la fin de l’ann\u00e9e, tandis que la BCE reste \u00e0 2,0 %. La hausse des taux de la BOJ n’a pas beaucoup stimul\u00e9 le yen, ce qui complique la dynamique des devises.<\/p>

Des changements relatifs aux devises sont attendus : le dollar devrait gagner du terrain sur l’euro (\u00e0 1,1400) et la livre (1,3281), s’affaiblir par rapport au yen (139,58) et baisser l\u00e9g\u00e8rement par rapport au franc (0,8300), qui b\u00e9n\u00e9ficie d’une demande de valeur refuge.<\/p>

Les mati\u00e8res premi\u00e8res semblent solides en tant que couvertures. L’or devrait atteindre 3 515 dollars l’once et l’argent 39 \u00e0 40 dollars l’once, soutenus par la demande industrielle et les achats des banques centrales. Le prix du Brent, \u00e0 67,50 dollars, reste mod\u00e9r\u00e9 en raison de la faiblesse de la demande mondiale d’\u00e9nergie.
Risques \u00e0 surveiller : L’escalade commerciale entre les \u00c9tats-Unis et la Chine, le ralentissement \u00e9conomique, les surprises en mati\u00e8re d’inflation et les changements soudains de politique. Sur le plan strat\u00e9gique, rester flexible. Maintenir l’exposition aux valeurs technologiques am\u00e9ricaines, mais \u00e9quilibrer avec les valeurs d\u00e9fensives. Ajouter de l’or, de l’argent et des devises refuges. Les obligations, en particulier celles \u00e0 court terme des \u00c9tats-Unis et de certains march\u00e9s \u00e9mergents, peuvent apporter de la stabilit\u00e9.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Ce texte est un mat\u00e9riel de marketing publi\u00e9 par Schmid & Partners Management Services Ltd. Il n’est pas destin\u00e9 \u00e0 \u00eatre distribu\u00e9, publi\u00e9, fourni ou utilis\u00e9 par des personnes physiques ou morales qui sont citoyennes ou r\u00e9sidentes d’un \u00c9tat, d’un pays ou d’une juridiction o\u00f9 sa distribution, sa publication, sa fourniture ou son utilisation sont interdites par la loi. Il ne s’adresse \u00e0 aucune personne ou entit\u00e9 \u00e0 laquelle il serait ill\u00e9gal d’envoyer ce type de mat\u00e9riel de marketing.<\/p>\n

Ce texte est fourni \u00e0 titre d’information uniquement et ne doit pas \u00eatre interpr\u00e9t\u00e9 comme une offre, une sollicitation ou une recommandation pour la souscription, l’achat, la vente ou la garde de tout titre ou instrument financier, l’engagement dans toute autre transaction, la fourniture de tout conseil ou service d’investissement, ou comme un document contractuel. Il ne s’agit pas d’un conseil d’investissement, juridique, fiscal ou comptable, ni d’une d\u00e9claration selon laquelle un investissement ou une strat\u00e9gie est adapt\u00e9 ou appropri\u00e9 \u00e0 la situation d’un individu, ni d’un conseil d’investissement personnalis\u00e9 pour un investisseur.<\/p>\n

Ce texte refl\u00e8te les informations, les opinions et les commentaires de Schmid & Partners Management Services Ltd. qui peuvent \u00eatre modifi\u00e9s sans pr\u00e9avis.<\/p>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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KONTAKT ANFRAGE <\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Pour plus d’informations, n’h\u00e9sitez pas \u00e0 nous contacter. <\/p>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Contact<\/div>
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Perspectives du march\u00e9 T3 2025 Perspectives du march\u00e9 T3 2025 \u00c0 l’approche du troisi\u00e8me trimestre 2025, la croissance mondiale devrait se situer entre 2,3 % et 3,3 %. Le Japon et le Royaume-Uni font preuve de r\u00e9silience, mais la dynamique globale est fragile en raison des perturbations commerciales et du risque croissant de r\u00e9cession aux […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-38309","post","type-post","status-publish","format-standard","hentry","category-unkategorisiert"],"yoast_head":"\nPerspectives du march\u00e9 T3 2025 - Schmid & Partners Management Services Ltd.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sandp.ch\/de\/marktausblick-q3-2025\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Perspectives du march\u00e9 T3 2025 - Schmid & Partners Management Services Ltd.\" \/>\n<meta property=\"og:description\" content=\"Perspectives du march\u00e9 T3 2025 Perspectives du march\u00e9 T3 2025 \u00c0 l’approche du troisi\u00e8me trimestre 2025, la croissance mondiale devrait se situer entre 2,3 % et 3,3 %. 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