{"id":34265,"date":"2026-07-01T17:07:55","date_gmt":"2026-07-01T15:07:55","guid":{"rendered":"https:\/\/xoinvestments.ch\/?p=34265"},"modified":"2026-07-01T17:23:52","modified_gmt":"2026-07-01T15:23:52","slug":"market-review-november-7","status":"publish","type":"post","link":"https:\/\/xoinvestments.ch\/en\/actualites\/market-review-november-7\/","title":{"rendered":"Market Review June"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"34265\" class=\"elementor elementor-34265 elementor-34264\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4c595ff elementor-section-full_width elementor-section-height-min-height pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-height-default elementor-section-items-middle\" data-id=\"4c595ff\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-a85d4f5 pbmit-bg-color-over-image\" data-id=\"a85d4f5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-341b40b elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"341b40b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-5b8cb75 pbmit-bg-color-over-image\" data-id=\"5b8cb75\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5bb3ae6 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"5bb3ae6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\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<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-47a28e8 pbmit-bg-color-over-image\" data-id=\"47a28e8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bdfd794 elementor-widget elementor-widget-text-editor\" data-id=\"bdfd794\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>XO INVESTMENTS&#8217; services for private clients range from wealth management to pension advice.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c6760e4 pbmit-align-left elementor-widget elementor-widget-pbmit_heading\" data-id=\"c6760e4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-heading-subheading pbmit-reverse-heading-yes animation-style2\"><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-837bd6f pbmit-btn-shape-rounded elementor-align-left pbmit-btn-color-white pbmit-btn-hover-color-blackish pbmit-btn-style-flat elementor-widget elementor-widget-button\" data-id=\"837bd6f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/xoinvestments.ch\/en\/news\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" class=\"pbmit-svg-arrow\" x=\"0px\" y=\"0px\" width=\"10\" height=\"19\" viewBox=\"0 0 19 19\" xml:space=\"preserve\">  <line x1=\"1\" y1=\"18\" x2=\"17.8\" y2=\"1.2\"><\/line>  <line x1=\"1.2\" y1=\"1\" x2=\"18\" y2=\"1\"><\/line>  <line x1=\"18\" y1=\"17.8\" x2=\"18\" y2=\"1\"><\/line><\/svg>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Back to blog posts<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\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\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-bb9af50 pbmit-bg-color-over-image\" data-id=\"bb9af50\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cd7b22e pbmit-btn-shape-rounded elementor-align-left pbmit-btn-color-white pbmit-btn-hover-color-blackish pbmit-btn-style-flat elementor-widget elementor-widget-button\" data-id=\"cd7b22e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/xoinvestments.ch\/en\/news\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" class=\"pbmit-svg-arrow\" x=\"0px\" y=\"0px\" width=\"10\" height=\"19\" viewBox=\"0 0 19 19\" xml:space=\"preserve\">  <line x1=\"1\" y1=\"18\" x2=\"17.8\" y2=\"1.2\"><\/line>  <line x1=\"1.2\" y1=\"1\" x2=\"18\" y2=\"1\"><\/line>  <line x1=\"18\" y1=\"17.8\" x2=\"18\" y2=\"1\"><\/line><\/svg>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Back to blog posts<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\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<section class=\"elementor-section elementor-top-section elementor-element elementor-element-82ffc4f pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"82ffc4f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d3eeb96 pbmit-bg-color-over-image\" data-id=\"d3eeb96\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-5f7a55b pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5f7a55b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-ea0dcbf pbmit-bg-color-over-image\" data-id=\"ea0dcbf\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6edc1bc pbmit-align-center elementor-widget elementor-widget-pbmit_heading\" data-id=\"6edc1bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-heading-subheading pbmit-reverse-heading-yes animation-style2\"><h4 class=\"pbmit-element-subtitle\"><span>\r\n\t\t\t<\/span>\r\n\t\t\t\r\n\t\t\t\tJune\r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<h1 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tMarket Review June\n\r\n\t\t\t\r\n\t\t\t<\/h1>\r\n\t\t<div class=\"pbmit-heading-desc\">Dispersion sous tension<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b224f9b elementor-widget elementor-widget-text-editor\" data-id=\"3b224f9b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>En juin, les march\u00e9s sont rest\u00e9s soutenus par quelques th\u00e8mes dominants &#8211; r\u00e9silience des b\u00e9n\u00e9fices et dynamique li\u00e9e \u00e0 l\u2019IA &#8211; mais des signaux divergents se sont accentu\u00e9s, notamment autour des taux et de l\u2019inflation.<\/p>\n<p>La performance mensuelle a ainsi \u00e9t\u00e9 contrast\u00e9e, avec une nette dispersion entre r\u00e9gions et secteurs. Les actions suisses, europ\u00e9ennes et japonaises ont progress\u00e9, tandis que les march\u00e9s am\u00e9ricains et mondiaux ont corrig\u00e9. Depuis le d\u00e9but de l\u2019ann\u00e9e, le Japon et les march\u00e9s \u00e9mergents se distinguent. Sur le mois, et au niveau sectoriel, la finance et la sant\u00e9 ont mieux r\u00e9sist\u00e9, alors que la consommation discr\u00e9tionnaire et la technologie sont en retrait. Les valeurs de croissance ont davantage souffert que les titres value, refl\u00e9tant leur sensibilit\u00e9 accrue aux taux.    <\/p>\n<p>Les rendements obligataires am\u00e9ricains ont fortement progress\u00e9 depuis janvier, avec le taux \u00e0 2 ans \u00e0 4,2% et le 10 ans \u00e0 4,4%, pesant sur les actifs de duration. En Suisse, l\u2019aplatissement de la courbe des taux a soutenu la performance des obligations en CHF, mais pas celle de l\u2019immobilier cot\u00e9, qui a perdu 0,8% en juin, faisant basculer sa performance en territoire n\u00e9gatif depuis le d\u00e9but de l\u2019ann\u00e9e. <\/p>\n<p>Les mati\u00e8res premi\u00e8res ont enregistr\u00e9 une correction marqu\u00e9e en juin &#8211; p\u00e9trole -18,6%, or -11,9% &#8211; dans le sillage de l\u2019apaisement des craintes g\u00e9opolitiques. Les cryptomonnaies ont poursuivi leur phase de correction. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d93635 pbmit-align-left elementor-widget elementor-widget-pbmit_heading\" data-id=\"5d93635\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-heading-subheading pbmit-reverse-heading-yes animation-style2\"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tPrincipales performances juin\n\n\r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a556b90 pbmit-animation-none elementor-widget elementor-widget-image\" data-id=\"a556b90\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"849\" height=\"410\" src=\"https:\/\/xoinvestments.ch\/wp-content\/uploads\/2026\/07\/performances_202606.png\" class=\"attachment-full size-full wp-image-34244\" alt=\"\" srcset=\"https:\/\/xoinvestments.ch\/wp-content\/uploads\/2026\/07\/performances_202606.png 849w, https:\/\/xoinvestments.ch\/wp-content\/uploads\/2026\/07\/performances_202606-300x145.png 300w, https:\/\/xoinvestments.ch\/wp-content\/uploads\/2026\/07\/performances_202606-768x371.png 768w\" sizes=\"(max-width: 849px) 100vw, 849px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce5fb59 pbmit-align-left elementor-widget elementor-widget-pbmit_heading\" data-id=\"ce5fb59\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-heading-subheading pbmit-reverse-heading-yes animation-style2\"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tXO Risk Aversion Index - Composite 250D \n\n\n\r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a31d0f pbmit-animation-none elementor-widget elementor-widget-image\" data-id=\"8a31d0f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"626\" height=\"330\" src=\"https:\/\/xoinvestments.ch\/wp-content\/uploads\/2026\/07\/XO_risk_aversion_index_composite_250J_202606.png\" class=\"attachment-full size-full wp-image-34238\" alt=\"\" srcset=\"https:\/\/xoinvestments.ch\/wp-content\/uploads\/2026\/07\/XO_risk_aversion_index_composite_250J_202606.png 626w, https:\/\/xoinvestments.ch\/wp-content\/uploads\/2026\/07\/XO_risk_aversion_index_composite_250J_202606-300x158.png 300w\" sizes=\"(max-width: 626px) 100vw, 626px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b5fbef pbmit-align-left elementor-widget elementor-widget-pbmit_heading\" data-id=\"2b5fbef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-heading-subheading pbmit-reverse-heading-yes animation-style2\"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tXO Risk Aversion Index - Componants\n\n\r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0154ccb pbmit-animation-none elementor-widget elementor-widget-image\" data-id=\"0154ccb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"707\" height=\"333\" src=\"https:\/\/xoinvestments.ch\/wp-content\/uploads\/2026\/07\/XO_risk_aversion_index_composants_202606.png\" class=\"attachment-full size-full wp-image-34239\" alt=\"\" srcset=\"https:\/\/xoinvestments.ch\/wp-content\/uploads\/2026\/07\/XO_risk_aversion_index_composants_202606.png 707w, https:\/\/xoinvestments.ch\/wp-content\/uploads\/2026\/07\/XO_risk_aversion_index_composants_202606-300x141.png 300w\" sizes=\"(max-width: 707px) 100vw, 707px\" \/>\t\t\t\t\t\t\t\t\t\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\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Dispersion sous tension<\/p>\n","protected":false},"author":4,"featured_media":34252,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[68],"tags":[72,73,71],"class_list":["post-34265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-markets","tag-investors-en","tag-marketing-en","tag-payment-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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