Bank of England preview: first hike to 4% expected as energy pushes inflation to 3.5%
Published . Updated .
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The Bank of England is expected to raise Bank Rate by 25bp to 4% on Thursday, its first hike of the cycle, after energy costs pushed UK inflation to 3.5%…
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+6.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “energy costs” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “energy costs” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “energy costs” (tanker shipping) in this story.
- EWU iShares MSCI United Kingdom ETF-2.3% 19d
iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“england”).
- BWX SPDR Bloomberg International Treasury Bond ETF
SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in the UK
- EFA iShares MSCI EAFE ETF-2.4% 8d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes the UK
- XOM ExxonMobil Holdings+2.0% 16d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy costs” (oil) in this story.
- BP BP p.l.c+6.6% 12d
BP p.l.c (petroleum refining, with business in the UK): oil producers' profits rise and fall with crude prices. Linked by “energy costs” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +15.71% | +7.84% | base | after close | after close | after close | after close |
| XLE | +8.14% | +5.85% | base | after close | after close | after close | after close |
| BWET | +32.30% | +28.62% | base | after close | after close | after close | after close |
| EWU | -2.57% | -1.84% | base | after close | after close | after close | after close |
| BWX | -0.60% | -0.53% | base | after close | after close | after close | after close |
| EFA | -1.31% | -1.92% | base | after close | after close | after close | after close |
| XOM | +8.08% | +6.08% | base | after close | after close | after close | after close |
| BP | +10.41% | +5.00% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Bank of England preview: first hike to 4% expected as energy pushes inflation to 3.5% investingLive
Source: investingLive
The price since 5 Nov 2026: Ishares Tr (EWU) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| BP | three days earlier | +5.00% | final price |
| BP | five days earlier | +10.41% | final price |
| BWET | three days earlier | +28.62% | final price |
| BWET | five days earlier | +32.30% | final price |
| Spdr Series Trust (BWX) | three days earlier | -0.53% | final price |
| Spdr Series Trust (BWX) | five days earlier | -0.60% | final price |
| Ishares Tr (EFA) | three days earlier | -1.92% | final price |
| Ishares Tr (EFA) | five days earlier | -1.31% | final price |
| Ishares Tr (EWU) | three days earlier | -1.84% | final price |
| Ishares Tr (EWU) | five days earlier | -2.57% | final price |
| USO | three days earlier | +7.84% | final price |
| USO | five days earlier | +15.71% | final price |
| XLE | three days earlier | +5.85% | final price |
| XLE | five days earlier | +8.14% | final price |
| XOM | three days earlier | +6.08% | final price |
| XOM | five days earlier | +8.08% | final price |
Congressional trades in the stocks in this story
- Sen. John Boozman sold Ishares Tr (EFA) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 57 days before publication. Filed 21 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 22 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 66 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Linde (LIN) (held by a spouse), worth $15,001 - $50,000 on 25 Sep 2026. That is 41 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Linde (LIN) (jointly held), worth $15,001 - $50,000 on 17 Sep 2026. That is 49 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Linde (LIN) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 62 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Ishares Tr (EWU)
Companies tied to this story
- EWU Ishares Tr
For “Bank of England preview: first hike to 4% expected as energy pushes inflation to 3.5%,” Ishares Tr (EWU) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“england”)
- BWX Spdr Series Trust
In “Bank of England preview: first hike to 4% expected as energy pushes inflation to 3.5%,” Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence. Reason on file: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in the UK
- EFA Ishares Tr
Ishares Tr (EFA) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Bank of England preview: first hike to 4% expected as energy pushes inflation to 3.5%.” Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes the UK
- HSBC Hsbc Holdings
For “Bank of England preview: first hike to 4% expected as energy pushes inflation to 3.5%,” Hsbc Holdings (HSBC) is linked, with no stored direction, medium confidence. Reason on file: HSBC Holdings (savings institution, federally chartered) is one of the largest the UK-based companies traded in the US, so news about the UK (“england”) reaches its shares
- LIN Linde
For “Bank of England preview: first hike to 4% expected as energy pushes inflation to 3.5%,” Linde (LIN) is linked, with no stored direction, medium confidence. Reason on file: Linde (industrial inorganic chemicals) is one of the largest the UK-based companies traded in the US, so news about the UK (“england”) reaches its shares
- ARM Arm Holdings
For “Bank of England preview: first hike to 4% expected as energy pushes inflation to 3.5%,” Arm Holdings (ARM) is linked, with no stored direction, medium confidence. Reason on file: Arm Holdings (semiconductors and related devices) is one of the largest the UK-based companies traded in the US, so news about the UK (“england”) reaches its shares
- RIO Rio Tinto
Rio Tinto (RIO) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Bank of England preview: first hike to 4% expected as energy pushes inflation to 3.5%.” Reason on file: Rio Tinto Group (metal mining) is one of the largest the UK-based companies traded in the US, so news about the UK (“england”) reaches its shares
Ishares Tr (EWU)
The 5 Nov 2026 story “Bank of England preview: first hike to 4% expected as energy pushes inflation to 3.5%” names Ishares Tr (EWU) because of this story.
For Ishares Tr (EWU), the reason on file says iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“england”)
Spdr Series Trust (BWX) is here too. Its reason reads: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in the UK
Dates in the story, and the Ishares Tr (EWU) price range
EFA traded between 102.00 and 104.68 across 6 sessions. The latest close on file is 103.46. EWU traded between 45.65 and 47.88 across 16 sessions. The latest close on file is 46.84.
How strong the case is around Ishares Tr (EWU)
46 out of 100
“Bank of England preview: first hike to 4% expected as energy pushes inflation to 3.5%” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.