Geopolitics Alpha

Euro gathers strength to near 1.1250 on Democrat win, hot Eurozone inflation

Published . Updated .

Key takeaways

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

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GEOPOLITICS ALPHAEuro gathers strength to near1.1250 on Democrat win, hotEurozone inflationGEOPOLITICS ALPHA

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 (“eurozone”).

  • 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-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 (“eurozone”) 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 (“eurozone”) 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 (“eurozone”) 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 (“eurozone”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
VGK-2.35%-2.42%baseafter closeafter closeafter closeafter close
FXE-0.57%-0.33%baseafter closeafter closeafter closeafter close
BWX-0.60%-0.53%baseafter closeafter closeafter closeafter close
EFA-1.31%-1.92%baseafter closeafter closeafter closeafter close
ASML+12.01%+1.96%baseafter closeafter closeafter closeafter close
HSBC-3.11%-3.87%baseafter closeafter closeafter closeafter close
SHEL+5.73%+3.06%baseafter closeafter closeafter closeafter close
NVS-2.40%-2.15%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.

Euro gathers strength to near 1.1250 on Democrat win, hot Eurozone inflation FXStreet

Source: FXStreet

The price since 5 Nov 2026: Vanguard Intl Equity Index F (VGK) versus the S&P 500

CompanyWhenMoveStatus
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
Invesco CurrencyShares Euro Trust (FXE)three days earlier-0.33%final price
Invesco CurrencyShares Euro Trust (FXE)five days earlier-0.57%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

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

    Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Euro gathers strength to near 1.1250 on Democrat win, hot Eurozone inflation.” Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eurozone”)

  • FXE Invesco CurrencyShares Euro Trust

    For “Euro gathers strength to near 1.1250 on Democrat win, hot Eurozone inflation,” 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 gathers strength to near 1.1250 on Democrat win, hot Eurozone inflation,” 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 gathers strength to near 1.1250 on Democrat win, hot Eurozone inflation,” 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

    In “Euro gathers strength to near 1.1250 on Democrat win, hot Eurozone inflation,” 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 (“eurozone”) reaches its shares

  • HSBC Hsbc Holdings

    For “Euro gathers strength to near 1.1250 on Democrat win, hot Eurozone inflation,” 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 (“eurozone”) reaches its shares

  • SHEL Shell

    Shell (SHEL) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Euro gathers strength to near 1.1250 on Democrat win, hot Eurozone inflation.” 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 “Euro gathers strength to near 1.1250 on Democrat win, hot Eurozone inflation,” 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)

On 5 Nov 2026, “Euro gathers strength to near 1.1250 on Democrat win, hot Eurozone inflation” is the story that connects Vanguard Intl Equity Index F (VGK) to 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, Invesco CurrencyShares Euro Trust (FXE): Invesco CurrencyShares Euro Trust follows the euro, whose moves this story covers

Dates and price levels for Vanguard Intl Equity Index F (VGK)

FXE traded between 102.76 and 103.56 across 9 sessions. The latest close on file is 103.25.

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

46 out of 100

“Euro gathers strength to near 1.1250 on Democrat win, hot Eurozone inflation” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.