Geopolitics Alpha

Bank of England raises rates to 4% as it forecasts inflation near 5% next year

Published . Updated .

Key takeaways

  • The Bank of England raised rates to 4% after an energy shock.
  • Exposed: EWU, BWX, EFA, HSBC, LIN
  • Market reaction: EWU −1.6% on the day (still updating); ARM +5.5% on the day (still updating); LIN −1.6% on the day (still updating)

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Bank of England raises rates to 4% as it forecasts inflation near 5% next year

The Bank of England raised rates to 4% after an energy shock. UK borrowing costs are rising, with a potential effect on Bitcoin allocations.

Directly affected

  • No company is named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust-8.0% 30d

    iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story.

  • EWU iShares MSCI United Kingdom ETF-0.9% 18d

    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-1.5% 7d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes the UK

  • COIN Coinbase Global-23.9% 30d

    Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.

  • MSTR Strategy-16.4% 30d

    Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.

  • MARA MARA Holdings-7.6% 5d

    MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.

  • RIOT Riot Platforms-34.5% 30d

    Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IBITNo price data for this ticker———————
EWU-0.18%-1.26%base-1.58%after closeafter closeafter close
BWX-0.42%-0.91%baseafter closeafter closeafter closeafter close
EFA+0.66%+0.40%baseafter closeafter closeafter closeafter close
COINNo price data for this ticker———————
MSTRNo price data for this ticker———————
MARANo price data for this ticker———————
RIOTNo price data for this ticker———————

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 raises rates to 4% as it forecasts inflation near 5% next year CryptoSlate

Source: CryptoSlate

Price since this story was published: Ishares Tr (EWU)

CompanyWhenMoveStatus
Spdr Series Trust (BWX)three days earlier-0.91%final price
Spdr Series Trust (BWX)five days earlier-0.42%final price
Ishares Tr (EFA)three days earlier+0.40%final price
Ishares Tr (EFA)five days earlier+0.66%final price
Ishares Tr (EWU)that day-1.58%still updating
Ishares Tr (EWU)three days earlier-1.26%final price
Ishares Tr (EWU)five days earlier-0.18%final price

Trades by members of Congress and officials in the stocks in this story

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

    Ishares Tr (EWU) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “Bank of England raises rates to 4% as it forecasts inflation near 5% next year.” Reason on file: iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“england”)

  • BWX Spdr Series Trust

    Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “Bank of England raises rates to 4% as it forecasts inflation near 5% next year.” 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

    For “Bank of England raises rates to 4% as it forecasts inflation near 5% next year,” Ishares Tr (EFA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes the UK

  • HSBC Hsbc Holdings

    Hsbc Holdings (HSBC) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “Bank of England raises rates to 4% as it forecasts inflation near 5% next year.” 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 raises rates to 4% as it forecasts inflation near 5% next year,” 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 raises rates to 4% as it forecasts inflation near 5% next year,” 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 6 Nov 2026 story “Bank of England raises rates to 4% as it forecasts inflation near 5% next year.” 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)

On 6 Nov 2026, “Bank of England raises rates to 4% as it forecasts inflation near 5% next year” is the story that connects Ishares Tr (EWU) to this story.

Ishares Tr (EWU) is on the page because iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“england”)

A second company, Spdr Series Trust (BWX), is listed for a different reason: 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

Price levels for Ishares Tr (EWU)

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 47.48 across 15 sessions. The latest close on file is 46.84.

How strong the case is around Ishares Tr (EWU)

46 out of 100Price not final

“Bank of England raises rates to 4% as it forecasts inflation near 5% next year” scores 46 out of 100. The score uses 1 sources, and 7 linked companies. The price is not final yet.