{"id":992002,"date":"2025-12-01T21:08:46","date_gmt":"2025-12-01T21:08:46","guid":{"rendered":"https:\/\/finmetrix.com\/?p=992002"},"modified":"2026-01-21T19:59:52","modified_gmt":"2026-01-21T19:59:52","slug":"december-2025-market-commentary","status":"publish","type":"post","link":"https:\/\/finmetrix.com\/fr\/2025\/12\/01\/december-2025-market-commentary\/","title":{"rendered":"D\u00e9cembre 2025 - Commentaire mensuel"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"992002\" class=\"elementor elementor-992002\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5ce0ae8 e-flex e-con-boxed e-con e-parent\" data-id=\"5ce0ae8\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2091a80 elementor-widget elementor-widget-text-editor\" data-id=\"2091a80\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>Le mois de novembre a offert un aper\u00e7u plus\nclair d\u2019une \u00e9conomie mondiale qui avance encore\n\u00e0 un rythme irr\u00e9gulier<\/strong><\/p><p>Au Canada, l\u2019inflation\npoursuit sa baisse tandis que la trajectoire des\ntaux fait toujours d\u00e9bat. Aux \u00c9tats-Unis,\nl\u2019absence de donn\u00e9es compl\u00e8tes et les divisions\nau sein de la R\u00e9serve f\u00e9d\u00e9rale ont brouill\u00e9 les\ncartes quant \u00e0 la prochaine d\u00e9cision.<\/p><p>En Europe,\nle recul de l\u2019inflation contraste avec des tensions\nbudg\u00e9taires et commerciales r\u00e9currentes. Le\nRoyaume-Uni reste frein\u00e9 par une croissance\nmodeste, alors que la Chine cherche un \u00e9quilibre\nentre demande fragile et exportations solides.<\/p><p>Les march\u00e9s du cacao, eux, refl\u00e8tent un retour\nprogressif de l\u2019offre et une consommation plus\nprudente.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"vamtam-has-theme-widget-styles elementor-element elementor-element-47cd548 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"47cd548\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/finmetrix.com\/wp-content\/uploads\/2025\/12\/2025-12-Analyse-du-mois.pdf\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Lire la nouvelle<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cc58261 e-flex e-con-boxed e-con e-parent\" data-id=\"cc58261\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>November offered a clearer view of a global economy still navigating uneven momentum. In Canada, inflation eased again as policymakers debated the direction of interest rates. The United States faced data disruptions and a divided Federal Reserve. Europe showed improving inflation dynamics but remained sensitive to fiscal pressures and trade frictions. The United Kingdom continued&#8230;<\/p>","protected":false},"author":2,"featured_media":992023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49,47,48],"tags":[8,10,13],"class_list":["post-992002","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commodity","category-currency","category-interest-rates","tag-assets","tag-financing","tag-report"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>December 2025 - Market Commentary - FINMETRIX<\/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:\/\/finmetrix.com\/fr\/2025\/12\/01\/december-2025-market-commentary\/\" \/>\n<meta property=\"og:locale\" content=\"fr_CA\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"December 2025 - Market Commentary - FINMETRIX\" \/>\n<meta property=\"og:description\" content=\"November offered a clearer view of a global economy still navigating uneven momentum. In Canada, inflation eased again as policymakers debated the direction of interest rates. The United States faced data disruptions and a divided Federal Reserve. Europe showed improving inflation dynamics but remained sensitive to fiscal pressures and trade frictions. The United Kingdom continued...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/finmetrix.com\/fr\/2025\/12\/01\/december-2025-market-commentary\/\" \/>\n<meta property=\"og:site_name\" content=\"FINMETRIX\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-01T21:08:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-21T19:59:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/finmetrix.com\/wp-content\/uploads\/2026\/01\/pexels-maxime-levrel-874047-6420910-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Elizabeth Steele\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"Elizabeth Steele\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimation du temps de lecture\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/finmetrix.com\/2025\/12\/01\/december-2025-market-commentary\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/finmetrix.com\/2025\/12\/01\/december-2025-market-commentary\/\"},\"author\":{\"name\":\"Elizabeth Steele\",\"@id\":\"https:\/\/v2.finmetrix.com\/#\/schema\/person\/acf3ce35e9ecc3e86de16296fee621dc\"},\"headline\":\"December 2025 &#8211; 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