Geopolitics Alpha

Dollar stays near 18-month high as Mideast conflict, inflation data in focus

Published . Updated .

Dollar stays near 18-month high as Mideast conflict, inflation data in focus CNBC

Directly affected

  • No company is named in this report.

Indirectly affected

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman

    Defense contractors get more work when conflict spending rises

  • GD General Dynamics

    Defense contractors get more work when conflict spending rises

  • TLT iShares 20+ Year Treasury Bond

    Long-term bonds move when yields change

  • IEF iShares 7-10 Year Treasury Bond

    Treasury bonds move when yields change

  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • BA Boeing

    Defense and aerospace orders move with conflict spending

  • LHX L3Harris

    Defense contractors get more work when conflict spending rises

  • HII Huntington Ingalls

    Shipyards benefit when naval spending rises

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LMT———————
RTX———————
NOC———————
GD———————
TLT———————
IEF-0.55%-0.31%—+0.04%+0.16%+0.34%+1.06%
ITA———————
BA———————
LHX———————
HII———————

Dollar stays near 18-month high as Mideast conflict, inflation data in focus CNBC

Source: CNBC

How far Spdr Series Trust (XME) has moved since 12 Oct 2026

Since the first closing price after “Dollar stays near 18-month high as Mideast conflict, inflation data in focus,” Spdr Series Trust (XME) is -2.34%. The S&P 500 fund (SPY) is -1.47% over the same days, a -0.87% difference versus the market.

CompanyWhenMoveStatus
BACthat day+0.48%final price
BACthe next day-0.66%final price
BACtwo days later-5.34%final price
BACthree days later-4.84%final price
BACthree days earlier-1.44%final price
BACfive days earlier-0.48%final price
Invesco Db Agriculture Fund (DBA)that day+0.37%final price
Invesco Db Agriculture Fund (DBA)the next day+0.35%final price
Invesco Db Agriculture Fund (DBA)two days later-0.23%final price
Invesco Db Agriculture Fund (DBA)three days later-0.11%final price
Invesco Db Agriculture Fund (DBA)three days earlier+0.60%final price
Invesco Db Agriculture Fund (DBA)five days earlier+0.44%final price
GSthat day-0.12%final price
GSthe next day-0.37%final price
GStwo days later-1.86%final price
GSthree days later-0.47%final price
GSthree days earlier-0.88%final price
GSfive days earlier-0.18%final price
Ishares Tr (IEF)that day+0.04%final price
Ishares Tr (IEF)the next day+0.16%final price
Ishares Tr (IEF)two days later+0.34%final price
Ishares Tr (IEF)three days later+1.06%final price
Ishares Tr (IEF)three days earlier-0.31%final price
Ishares Tr (IEF)five days earlier-0.55%final price
JPMthat day+0.47%final price
JPMthe next day-0.44%final price
JPMtwo days later+0.70%final price
JPMthree days later+0.77%final price
JPMthree days earlier-1.04%final price
JPMfive days earlier-0.20%final price
XME
SPY

Middle East, seven days against thirty

Middle East has 0 linked stories in the last 7 days and 0 in the last 30 on the page that also carries “Dollar stays near 18-month high as Mideast conflict, inflation data in focus.”

Who gains and who loses around Spdr Series Trust (XME)

Companies tied to this story

  • XME Spdr Series Trust

    Spdr Series Trust (XME) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “Dollar stays near 18-month high as Mideast conflict, inflation data in focus.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • XLY Select Sector Spdr Tr

    In “Dollar stays near 18-month high as Mideast conflict, inflation data in focus,” Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • IWM Ishares Tr

    In “Dollar stays near 18-month high as Mideast conflict, inflation data in focus,” Ishares Tr (IWM) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • HYG Ishares Tr

    For “Dollar stays near 18-month high as Mideast conflict, inflation data in focus,” Ishares Tr (HYG) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • IEI Ishares Tr

    For “Dollar stays near 18-month high as Mideast conflict, inflation data in focus,” Ishares Tr (IEI) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • UGA United States Gasoline Fund

    In “Dollar stays near 18-month high as Mideast conflict, inflation data in focus,” United States Gasoline Fund (UGA) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • GSG iShares S&P GSCI Commodity-Indexed Trust

    iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “Dollar stays near 18-month high as Mideast conflict, inflation data in focus.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • DBA Invesco Db Agriculture Fund

    For “Dollar stays near 18-month high as Mideast conflict, inflation data in focus,” Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

How a Middle East shock reaches Spdr Series Trust (XME)

“Dollar stays near 18-month high as Mideast conflict, inflation data in focus” (12 Oct 2026) reaches Spdr Series Trust (XME) through Middle East.

For Spdr Series Trust (XME), the reason on file says Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

A second company, Select Sector Spdr Tr (XLY), is listed for a different reason: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

Dates in the story, and the Spdr Series Trust (XME) price range

IWM traded between 269.88 and 288.91 across 20 sessions. The latest close on file is 271.30. XLY traded between 110.56 and 114.69 across 12 sessions. The latest close on file is 114.45. XME traded between 97.40 and 111.52 across 18 sessions. The latest close on file is 101.31.

A simple score for Spdr Series Trust (XME)

100 out of 100

“Dollar stays near 18-month high as Mideast conflict, inflation data in focus” scores 100 out of 100. The score uses 9 sources, and 21 linked companies.