Geopolitics Alpha

ECB December Rate Hike "Almost Certain," Bundesbank President Says; Eurozone Inflation Headed to 4%

Published . Updated .

Key takeaways

  • Exposed: VGK, EWG, BWX, EFA, ASML
  • Market reaction: price tracking starts with the next trading session.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

GEOPOLITICS ALPHAECB December Rate Hike "AlmostCertain," Bundesbank PresidentSays; Eurozone Inflation Headed t…GEOPOLITICS ALPHA

This report is about Europe and Germany.

Directly affected

  • No company is named in this report.

Indirectly affected

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eurozone”).

  • EWG iShares MSCI Germany ETF

    iShares MSCI Germany ETF holds stocks listed in Germany, which this story is about (“bundesbank”).

  • 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 Europe

  • EFA iShares MSCI EAFE ETF

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

  • ASML ASML Holding N.V

    ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“eurozone”) reaches its shares.

  • HSBC HSBC Holdings

    HSBC Holdings (savings institution, federally chartered) is one of the largest Europe-based companies traded in the US, so news about Europe (“eurozone”) reaches its shares.

  • SHEL Shell

    Shell (crude petroleum and natural gas) is one of the largest Europe-based companies traded in the US, so news about Europe (“eurozone”) reaches its shares.

  • NVS Novartis AG

    Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“eurozone”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
VGK-0.30%-0.05%baseafter closeafter closeafter closeafter close
EWG-0.62%-0.38%baseafter closeafter closeafter closeafter close
BWX+0.16%+0.49%baseafter closeafter closeafter closeafter close
EFA+0.59%+0.25%baseafter closeafter closeafter closeafter close
ASML+7.25%+0.88%baseafter closeafter closeafter closeafter close
HSBC+2.25%+1.01%baseafter closeafter closeafter closeafter close
SHEL+0.85%+4.31%baseafter closeafter closeafter closeafter close
NVS-1.99%+0.99%baseafter closeafter 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.

ECB December Rate Hike "Almost Certain," Bundesbank President Says; Eurozone Inflation Headed to 4% BigGo Finance

Source: BigGo Finance

Price since this story was published: Vanguard Intl Equity Index F (VGK)

CompanyWhenMoveStatus
Asml Holding (ASML)three days earlier+0.88%final price
Asml Holding (ASML)five days earlier+7.25%final price
Spdr Series Trust (BWX)three days earlier+0.49%final price
Spdr Series Trust (BWX)five days earlier+0.16%final price
Ishares Tr (EFA)three days earlier+0.25%final price
Ishares Tr (EFA)five days earlier+0.59%final price
Ishares (EWG)three days earlier-0.38%final price
Ishares (EWG)five days earlier-0.62%final price
Hsbc Holdings (HSBC)three days earlier+1.01%final price
Hsbc Holdings (HSBC)five days earlier+2.25%final price
Novartis Ag (NVS)three days earlier+0.99%final price
Novartis Ag (NVS)five days earlier-1.99%final price
Shell (SHEL)three days earlier+4.31%final price
Shell (SHEL)five days earlier+0.85%final price
Vanguard Intl Equity Index F (VGK)three days earlier-0.05%final price
Vanguard Intl Equity Index F (VGK)five days earlier-0.30%final price

Congressional trades 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 Vanguard Intl Equity Index F (VGK)

Companies mentioned with this story

  • VGK Vanguard Intl Equity Index F

    For “ECB December Rate Hike "Almost Certain," Bundesbank President Says; Eurozone Inflation Headed to 4%,” Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence. Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eurozone”)

  • EWG Ishares

    Ishares (EWG) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “ECB December Rate Hike "Almost Certain," Bundesbank President Says; Eurozone Inflation Headed to 4%.” Reason on file: iShares MSCI Germany ETF holds stocks listed in Germany, which this story is about (“bundesbank”)

  • BWX Spdr Series Trust

    In “ECB December Rate Hike "Almost Certain," Bundesbank President Says; Eurozone Inflation Headed to 4%,” 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 Europe

  • EFA Ishares Tr

    In “ECB December Rate Hike "Almost Certain," Bundesbank President Says; Eurozone Inflation Headed to 4%,” 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 Europe

  • ASML Asml Holding

    Asml Holding (ASML) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “ECB December Rate Hike "Almost Certain," Bundesbank President Says; Eurozone Inflation Headed to 4%.” Reason on file: ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“eurozone”) reaches its shares

  • HSBC Hsbc Holdings

    Hsbc Holdings (HSBC) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “ECB December Rate Hike "Almost Certain," Bundesbank President Says; Eurozone Inflation Headed to 4%.” Reason on file: HSBC Holdings (savings institution, federally chartered) is one of the largest Europe-based companies traded in the US, so news about Europe (“eurozone”) reaches its shares

  • SHEL Shell

    In “ECB December Rate Hike "Almost Certain," Bundesbank President Says; Eurozone Inflation Headed to 4%,” Shell (SHEL) is linked, with no stored direction, medium confidence. Reason on file: Shell (crude petroleum and natural gas) is one of the largest Europe-based companies traded in the US, so news about Europe (“eurozone”) reaches its shares

  • NVS Novartis Ag

    For “ECB December Rate Hike "Almost Certain," Bundesbank President Says; Eurozone Inflation Headed to 4%,” Novartis Ag (NVS) is linked, with no stored direction, medium confidence. Reason on file: Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“eurozone”) reaches its shares

Vanguard Intl Equity Index F (VGK)

“ECB December Rate Hike "Almost Certain," Bundesbank President Says; Eurozone Inflation Headed to 4%” (3 Nov 2026) reaches Vanguard Intl Equity Index F (VGK) through this story.

What ties Vanguard Intl Equity Index F (VGK) to the headline is this: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eurozone”)

Also listed, Ishares (EWG): iShares MSCI Germany ETF holds stocks listed in Germany, which this story is about (“bundesbank”)

Price levels for Vanguard Intl Equity Index F (VGK)

EWG traded between 40.30 and 42.77 across 17 sessions. The latest close on file is 41.20.

A simple score for Vanguard Intl Equity Index F (VGK)

46 out of 100

“ECB December Rate Hike "Almost Certain," Bundesbank President Says; Eurozone Inflation Headed to 4%” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.