Geopolitics Alpha

China's factory-gate inflation surges amid higher global energy prices

Published . Updated .

Covered by 2 outlets: chinadailyhk, China Daily.

Key takeaways

  • China's consumer price index (CPI), a main gauge of inflation, rose 0.7 percent year-on-year in October, the National Bureau of Statistics (NBS) said Monday.
  • Exposed: USO, XLE, BWET, FXI, EMB
  • Market reaction: USO −3.9% on the day; XLE +0.6% on the day; BWET −13.6% on the day

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China's factory-gate inflation surges amid higher global energy prices

China's consumer price index (CPI), a main gauge of inflation, rose 0.7 percent year-on-year in October, the National Bureau of Statistics (NBS) said Monday.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-1.1% 30d

    United States Oil Fund: its price follows crude oil. Linked by “energy prices” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “energy prices” (oil) in this story.

  • XRT SPDR S&P Retail ETF

    SPDR S&P Retail ETF: it holds retailers. Linked by “consumer” (retail and consumer goods) in this story.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “energy prices” (tanker shipping) in this story.

  • FXI iShares China Large-Cap ETF-5.1% 30d

    iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).

  • EMB iShares J.P. Morgan USD Emerging Markets Bond ETF+0.3% 6d

    iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in China

  • EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-3.0% 30d

    VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from China.

  • EEM iShares MSCI Emerging Markets ETF-4.8% 16d

    iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes China

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+5.62%-2.06%base-3.90%after closeafter closeafter close
XLE+9.12%+3.08%base+0.56%after closeafter closeafter close
XRT+1.17%+4.73%base+3.68%after closeafter closeafter close
BWET+35.08%+5.02%base-13.59%after closeafter closeafter close
FXI-4.96%-1.02%base-0.84%after closeafter closeafter close
EMB-0.23%+0.42%base+0.60%after closeafter closeafter close
EMLC-0.30%+0.30%base+0.69%after closeafter closeafter close
EEM+3.03%+3.88%base+2.88%after closeafter closeafter 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.

China's factory-gate inflation surges amid higher global energy prices chinadailyhk

Source: chinadailyhk

Price since this story was published: United States Oil Fund (USO)

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)that day-13.59%final price
Amplify Commodity Trust (BWET)three days earlier+5.02%final price
Amplify Commodity Trust (BWET)five days earlier+35.08%final price
Ishares Tr (EEM)that day+2.88%final price
Ishares Tr (EEM)three days earlier+3.88%final price
Ishares Tr (EEM)five days earlier+3.03%final price
Ishares Tr (EMB)that day+0.60%final price
Ishares Tr (EMB)three days earlier+0.42%final price
Ishares Tr (EMB)five days earlier-0.23%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)that day+0.69%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)three days earlier+0.30%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)five days earlier-0.30%final price
Ishares China Large-Cap Etf (FXI)that day-0.84%final price
Ishares China Large-Cap Etf (FXI)three days earlier-1.02%final price
Ishares China Large-Cap Etf (FXI)five days earlier-4.96%final price
United States Oil Fund (USO)that day-3.90%final price
United States Oil Fund (USO)three days earlier-2.06%final price
United States Oil Fund (USO)five days earlier+5.62%final price
Select Sector Spdr Tr (XLE)that day+0.56%final price
Select Sector Spdr Tr (XLE)three days earlier+3.08%final price
Select Sector Spdr Tr (XLE)five days earlier+9.12%final price
XRTthat day+3.68%final price
XRTthree days earlier+4.73%final price
XRTfive days earlier+1.17%final price

Congressional trades in United States Oil Fund (USO) around 9 Nov 2026

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 United States Oil Fund (USO)

Companies mentioned with this story

  • USO United States Oil Fund

    For “China's factory-gate inflation surges amid higher global energy prices,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “energy prices” (oil) in this story

  • XLE Select Sector Spdr Tr

    In “China's factory-gate inflation surges amid higher global energy prices,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “energy prices” (oil) in this story

  • BWET Amplify Commodity Trust

    For “China's factory-gate inflation surges amid higher global energy prices,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “energy prices” (tanker shipping) in this story

  • FXI Ishares China Large-Cap Etf

    Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “China's factory-gate inflation surges amid higher global energy prices.” Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)

  • EMB Ishares Tr

    For “China's factory-gate inflation surges amid higher global energy prices,” Ishares Tr (EMB) is linked, with no stored direction, medium confidence. Reason on file: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in China

  • EMLC Vaneck J. P. Morgan Em Local Currency Bond Etf

    For “China's factory-gate inflation surges amid higher global energy prices,” Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence. Reason on file: VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from China

  • EEM Ishares Tr

    In “China's factory-gate inflation surges amid higher global energy prices,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes China

  • XOM ExxonMobil Holdings

    For “China's factory-gate inflation surges amid higher global energy prices,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy prices” (oil) in this story

United States Oil Fund (USO)

United States Oil Fund (USO) is the company in “China's factory-gate inflation surges amid higher global energy prices,” the 9 Nov 2026 this story story.

What ties United States Oil Fund (USO) to the headline is this: United States Oil Fund: its price follows crude oil. Linked by “energy prices” (oil) in this story

Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “energy prices” (oil) in this story

Dates in the story, and the United States Oil Fund (USO) price range

BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.

A simple score for United States Oil Fund (USO)

54 out of 100

“China's factory-gate inflation surges amid higher global energy prices” scores 54 out of 100. The score uses 2 sources, and 8 linked companies.