Euro zone inflation hits 4% for first time in three years as interest rate hike looms
Published . Updated .
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It was driven by energy inflation, which surged above 20% in October.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+6.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “energy inflation” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “energy inflation” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “energy inflation” (tanker shipping) in this story.
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“euro zone”).
- 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
- SHEL Shell+3.5% 11d
Shell (crude petroleum and natural gas, with business in Europe): oil producers' profits rise and fall with crude prices. Linked by “energy inflation” (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 | +5.38% | +6.75% | base | after close | after close | after close | after close |
| XLE | +2.64% | +4.95% | base | after close | after close | after close | after close |
| BWET | +7.18% | +11.56% | base | after close | after close | after close | after close |
| VGK | -0.30% | -0.05% | base | after close | 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 | after close | after close | after close | after close |
| EFA | +0.59% | +0.25% | base | after close | after close | after close | after close |
| SHEL | +0.85% | +4.31% | 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.
Euro zone inflation hits 4% for first time in three years as interest rate hike looms CNBC
Source: CNBC
How far Vanguard Intl Equity Index F (VGK) has moved since 4 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| BWET | three days earlier | +11.56% | final price |
| BWET | five days earlier | +7.18% | 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 |
| Invesco CurrencyShares Euro Trust (FXE) | three days earlier | -0.15% | final price |
| Invesco CurrencyShares Euro Trust (FXE) | five days earlier | -0.20% | final price |
| Shell (SHEL) | three days earlier | +4.31% | final price |
| Shell (SHEL) | five days earlier | +0.85% | final price |
| USO | three days earlier | +6.75% | final price |
| USO | five days earlier | +5.38% | 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 |
| XLE | three days earlier | +4.95% | final price |
| XLE | five days earlier | +2.64% | 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 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 4 Nov 2026 story “Euro zone inflation hits 4% for first time in three years as interest rate hike looms.” Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“euro zone”)
- FXE Invesco CurrencyShares Euro Trust
In “Euro zone inflation hits 4% for first time in three years as interest rate hike looms,” 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 zone inflation hits 4% for first time in three years as interest rate hike looms,” 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 zone inflation hits 4% for first time in three years as interest rate hike looms,” 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 4 Nov 2026 story “Euro zone inflation hits 4% for first time in three years as interest rate hike looms.” 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 zone”) reaches its shares
- HSBC Hsbc Holdings
Hsbc Holdings (HSBC) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Euro zone inflation hits 4% for first time in three years as interest rate hike looms.” 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 zone”) reaches its shares
- SHEL Shell
In “Euro zone inflation hits 4% for first time in three years as interest rate hike looms,” 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 zone”) reaches its shares
- NVS Novartis Ag
In “Euro zone inflation hits 4% for first time in three years as interest rate hike looms,” 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 (“euro zone”) reaches its shares
Vanguard Intl Equity Index F (VGK)
The 4 Nov 2026 story “Euro zone inflation hits 4% for first time in three years as interest rate hike looms” names Vanguard Intl Equity Index F (VGK) because of 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 (“euro zone”)
Invesco CurrencyShares Euro Trust (FXE) is here too. Its reason reads: 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 zone inflation hits 4% for first time in three years as interest rate hike looms” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.