ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike
Published . Updated .
Key takeaways
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.
This report is about Europe.
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 (“ecb”).
- 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-2.4% 8d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Europe
- ASML ASML Holding N.V-2.4% 15d
ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“ecb”) reaches its shares.
- HSBC HSBC Holdings-8.4% 15d
HSBC Holdings (savings institution, federally chartered) is one of the largest Europe-based companies traded in the US, so news about Europe (“ecb”) reaches its shares.
- SHEL Shell+3.5% 11d
Shell (crude petroleum and natural gas) is one of the largest Europe-based companies traded in the US, so news about Europe (“ecb”) reaches its shares.
- NVS Novartis AG-0.1% 14d
Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“ecb”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| VGK | -2.35% | -2.42% | base | after close | after close | after close | after close |
| BWX | -0.60% | -0.53% | base | after close | after close | after close | after close |
| EFA | -1.31% | -1.92% | base | after close | after close | after close | after close |
| ASML | +12.01% | +1.96% | base | after close | after close | after close | after close |
| HSBC | -3.11% | -3.87% | base | after close | after close | after close | after close |
| SHEL | +5.73% | +3.06% | base | after close | after close | after close | after close |
| NVS | -2.40% | -2.15% | 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 Zigman Sees ‘Rather Big Chance’ of December Rate Hike Bloomberg.com
Source: Bloomberg
How far Vanguard Intl Equity Index F (VGK) has moved since 5 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Asml Holding (ASML) | three days earlier | +1.96% | final price |
| Asml Holding (ASML) | five days earlier | +12.01% | final price |
| Spdr Series Trust (BWX) | three days earlier | -0.53% | final price |
| Spdr Series Trust (BWX) | five days earlier | -0.60% | final price |
| Ishares Tr (EFA) | three days earlier | -1.92% | final price |
| Ishares Tr (EFA) | five days earlier | -1.31% | final price |
| Hsbc Holdings (HSBC) | three days earlier | -3.87% | final price |
| Hsbc Holdings (HSBC) | five days earlier | -3.11% | final price |
| Novartis Ag (NVS) | three days earlier | -2.15% | final price |
| Novartis Ag (NVS) | five days earlier | -2.40% | final price |
| Shell (SHEL) | three days earlier | +3.06% | final price |
| Shell (SHEL) | five days earlier | +5.73% | final price |
| Vanguard Intl Equity Index F (VGK) | three days earlier | -2.42% | final price |
| Vanguard Intl Equity Index F (VGK) | five days earlier | -2.35% | final price |
Congressional trades in the stocks in this story
- Sen. John Boozman sold Ishares Tr (EFA) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 57 days before publication. Filed 21 Oct 2026. View the filing.
- Rep. Kevin Hern sold Asml Holding (ASML) (jointly held), worth $15,001 - $50,000 on 23 Oct 2026. That is 13 days before publication. Filed 28 Oct 2026. View the filing.
- Rep. Michael T. McCaul bought Asml Holding (ASML) (held by a spouse), worth $50,001 - $100,000 on 7 Aug 2026. That is 90 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Kevin Hern sold Novartis Ag (NVS), worth $15,001 - $50,000 on 27 Aug 2026. That is 70 days before publication. Filed 25 Sep 2026. View the filing.
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 is named in “ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike”
Companies mentioned with this story
- VGK Vanguard Intl Equity Index F
Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike.” Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“ecb”)
- BWX Spdr Series Trust
Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike.” 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’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike,” 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
For “ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike,” Asml Holding (ASML) is linked, with no stored direction, medium confidence. 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 (“ecb”) reaches its shares
- HSBC Hsbc Holdings
Hsbc Holdings (HSBC) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike.” 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 (“ecb”) reaches its shares
- SHEL Shell
For “ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike,” 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 (“ecb”) reaches its shares
- NVS Novartis Ag
Novartis Ag (NVS) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike.” Reason on file: Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“ecb”) reaches its shares
How “ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike” reaches Vanguard Intl Equity Index F (VGK)
“ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike” (5 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 (“ecb”)
Spdr Series Trust (BWX) is here too. Its reason reads: 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
The price range for Vanguard Intl Equity Index F (VGK), and the dates in the story
EFA traded between 102.00 and 104.68 across 6 sessions. The latest close on file is 103.46.
How solid “ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike” looks
46 out of 100
“ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.