Geopolitics Alpha

Eurozone Economy Defies the Energy Crisis, but Inflation Threatens the Recovery

Published . Updated .

GEOPOLITICS ALPHAEurozone Economy Defies the EnergyCrisis, but Inflation Threatensthe RecoveryGEOPOLITICS ALPHA

This report is about oil and tanker shipping.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+9.3% 30d

    United States Oil Fund: its price follows crude oil. Linked by “energy crisis” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “energy crisis” (oil) in this story.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “energy crisis” (tanker shipping) in this story.

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eurozone”).

  • 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-2.2% 11d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Europe

  • XOM ExxonMobil Holdings+10.9% 15d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy crisis” (oil) in this story.

  • SHEL Shell+0.1% 13d

    Shell (crude petroleum and natural gas, with business in Europe): oil producers' profits rise and fall with crude prices. Linked by “energy crisis” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USONo price data for this ticker———————
XLENo price data for this ticker———————
BWETNo price data for this ticker———————
VGKNo price data for this ticker———————
BWXNo price data for this ticker———————
EFANo price data for this ticker———————
XOM-1.45%-2.77%baseafter closeafter closeafter closeafter close
SHELNo price data for this ticker———————

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.

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Eurozone Economy Defies the Energy Crisis, but Inflation Threatens the Recovery EU Today

Source: EU Today

This story

CompanyWhenMoveStatus
XOMthree days earlier-2.77%final price
XOMfive days earlier-1.45%final price

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This story

12 out of 100

“Eurozone Economy Defies the Energy Crisis, but Inflation Threatens the Recovery” scores 12 out of 100. The score uses 1 sources.