Euro area: Core inflation risks rising – Commerzbank
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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 (“euro”).
- FXE Invesco CurrencyShares Euro Trust-0.3% 9d
Invesco CurrencyShares Euro Trust follows the euro, whose moves this story covers.
- 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-1.5% 9d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Europe
- ASML ASML Holding N.V-0.8% 16d
ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“euro”) reaches its shares.
- HSBC HSBC Holdings-6.5% 16d
HSBC Holdings (savings institution, federally chartered) is one of the largest Europe-based companies traded in the US, so news about Europe (“euro”) 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 (“euro”) reaches its shares.
- NVS Novartis AG+1.5% 15d
Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“euro”) 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 | -0.30% | -0.05% | base | +2.49% | after close | after close | after close |
| FXE | -0.20% | -0.15% | base | after close | after close | after close | after close |
| BWX | +0.16% | +0.49% | base | +0.61% | after close | after close | after close |
| EFA | +0.59% | +0.25% | base | +2.12% | after close | after close | after close |
| ASML | +7.25% | +0.88% | base | -1.87% | after close | after close | after close |
| HSBC | +2.25% | +1.01% | base | +4.20% | after close | after close | after close |
| SHEL | +0.85% | +4.31% | base | -0.64% | after close | after close | after close |
| NVS | -1.99% | +0.99% | base | +2.59% | 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.
Euro area: Core inflation risks rising – Commerzbank FXStreet
Source: FXStreet
The price since 4 Nov 2026: Vanguard Intl Equity Index F (VGK) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Asml Holding (ASML) | that day | -1.87% | still updating |
| Asml Holding (ASML) | three days earlier | +0.88% | final price |
| Asml Holding (ASML) | five days earlier | +7.25% | final price |
| Spdr Series Trust (BWX) | that day | +0.61% | still updating |
| 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) | that day | +2.12% | still updating |
| Ishares Tr (EFA) | three days earlier | +0.25% | final price |
| Ishares Tr (EFA) | five days earlier | +0.59% | final price |
| Invesco CurrencyShares Euro Trust (FXE) | three days earlier | -0.15% | final price |
| Invesco CurrencyShares Euro Trust (FXE) | five days earlier | -0.20% | final price |
| Hsbc Holdings (HSBC) | that day | +4.20% | still updating |
| Hsbc Holdings (HSBC) | three days earlier | +1.01% | final price |
| Hsbc Holdings (HSBC) | five days earlier | +2.25% | final price |
| Novartis Ag (NVS) | that day | +2.59% | still updating |
| Novartis Ag (NVS) | three days earlier | +0.99% | final price |
| Novartis Ag (NVS) | five days earlier | -1.99% | final price |
| Shell (SHEL) | that day | -0.64% | still updating |
| Shell (SHEL) | three days earlier | +4.31% | final price |
| Shell (SHEL) | five days earlier | +0.85% | final price |
| Vanguard Intl Equity Index F (VGK) | that day | +2.49% | still updating |
| 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
- Sen. John Boozman sold Ishares Tr (EFA) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 56 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 12 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 89 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 69 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 “Euro area: Core inflation risks rising – Commerzbank”
Companies carried 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 4 Nov 2026 story “Euro area: Core inflation risks rising – Commerzbank.” Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“euro”)
- FXE Invesco CurrencyShares Euro Trust
For “Euro area: Core inflation risks rising – Commerzbank,” Invesco CurrencyShares Euro Trust (FXE) is linked, with no stored direction, medium confidence. Reason on file: Invesco CurrencyShares Euro Trust follows the euro, whose moves this story covers
- BWX Spdr Series Trust
In “Euro area: Core inflation risks rising – Commerzbank,” 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 “Euro area: Core inflation risks rising – Commerzbank,” 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 “Euro area: Core inflation risks rising – Commerzbank,” 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 (“euro”) reaches its shares
- HSBC Hsbc Holdings
For “Euro area: Core inflation risks rising – Commerzbank,” Hsbc Holdings (HSBC) is linked, with no stored direction, medium confidence. 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 (“euro”) reaches its shares
- SHEL Shell
For “Euro area: Core inflation risks rising – Commerzbank,” 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 (“euro”) reaches its shares
- NVS Novartis Ag
Novartis Ag (NVS) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Euro area: Core inflation risks rising – Commerzbank.” Reason on file: Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“euro”) reaches its shares
How “Euro area: Core inflation risks rising – Commerzbank” reaches Vanguard Intl Equity Index F (VGK)
Vanguard Intl Equity Index F (VGK) is the company in “Euro area: Core inflation risks rising – Commerzbank,” the 4 Nov 2026 this story story.
For Vanguard Intl Equity Index F (VGK), the reason on file says Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“euro”)
Invesco CurrencyShares Euro Trust (FXE) is here too. Its reason reads: Invesco CurrencyShares Euro Trust follows the euro, whose moves this story covers
Dates in the story, and the Vanguard Intl Equity Index F (VGK) price range
FXE traded between 102.76 and 103.56 across 9 sessions. The latest close on file is 103.25.
What the saved facts support for Vanguard Intl Equity Index F (VGK)
46 out of 100Price not final
“Euro area: Core inflation risks rising – Commerzbank” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.