ECB’s Nagel says another rate hike ‘highly probable’ as energy prices push inflation
Published . Updated .
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Bundesbank President Joachim Nagel said it is highly probable the ECB will need to raise rates again, warning energy prices have pushed the outlook toward the…
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+7.4% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “energy prices” (oil) 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.
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“ecb”).
- EWG iShares MSCI Germany ETF-2.1% 12d
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-0.7% 6d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Europe
- SHEL Shell+0.0% 6d
Shell (crude petroleum and natural gas, with business in Europe): oil producers' profits rise and fall with crude prices. Linked by “energy prices” (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 | -2.03% | -2.82% | base | after close | after close | after close | after close |
| XLE | -4.57% | -2.42% | base | after close | after close | after close | after close |
| BWET | -5.09% | -10.82% | base | after close | after close | after close | after close |
| VGK | +1.06% | +0.47% | base | after close | after close | after close | after close |
| EWGPrices arriving within minutes | — | — | — | after close | after close | after close | after close |
| BWX | +2.40% | +0.88% | base | after close | after close | after close | after close |
| EFA | +0.77% | +0.44% | base | after close | after close | after close | after close |
| SHEL | -0.22% | -1.24% | 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.
ECB’s Nagel says another rate hike ‘highly probable’ as energy prices push inflation investingLive
Source: investingLive
This story
| Company | When | Move | Status |
|---|---|---|---|
| BWET | three days earlier | -10.82% | final price |
| BWET | five days earlier | -5.09% | final price |
| BWX | three days earlier | +0.88% | final price |
| BWX | five days earlier | +2.40% | final price |
| EFA | three days earlier | +0.44% | final price |
| EFA | five days earlier | +0.77% | final price |
| SHEL | three days earlier | -1.24% | final price |
| SHEL | five days earlier | -0.22% | final price |
| USO | three days earlier | -2.82% | final price |
| USO | five days earlier | -2.03% | final price |
| VGK | three days earlier | +0.47% | final price |
| VGK | five days earlier | +1.06% | final price |
| XLE | three days earlier | -2.42% | final price |
| XLE | five days earlier | -4.57% | final price |
This story
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This story
12 out of 100
“ECB’s Nagel says another rate hike ‘highly probable’ as energy prices push inflation” scores 12 out of 100. The score uses 1 sources.