Geopolitics Alpha

Eurozone inflation hits 4%: Where prices jumped the most

Published . Updated .

Key takeaways

  • Eurozone inflation rose to 4% in October, a three-year high, as energy costs surged.
  • Exposed: VGK, BWX, EFA, ASML, HSBC
  • Market reaction: price tracking starts with the next trading session.

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Eurozone inflation hits 4%: Where prices jumped the most

Eurozone inflation rose to 4% in October, a three-year high, as energy costs surged. Italy saw the biggest jump, while Germany bucked the trend.

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 costs” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

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

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “energy costs” (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”).

  • EWG iShares MSCI Germany ETF-2.9% 30d

    iShares MSCI Germany ETF holds stocks listed in Germany, which this story is about (“germany”).

  • 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 costs” (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———————
VGK-0.30%-0.05%baseafter closeafter closeafter closeafter close
EWGNo price data for this ticker———————
BWX+0.16%+0.49%baseafter closeafter closeafter closeafter close
EFA+0.59%+0.25%baseafter closeafter closeafter closeafter close
SHEL+0.85%+4.31%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.

Eurozone inflation hits 4%: Where prices jumped the most Euronews.com

Source: euronews.com

How far Vanguard Intl Equity Index F (VGK) has moved since 4 Nov 2026

CompanyWhenMoveStatus
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
Shell (SHEL)three days earlier+4.31%final price
Shell (SHEL)five days earlier+0.85%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

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 is named in “Eurozone inflation hits 4%: Where prices jumped the most”

Companies carried with this story

  • VGK Vanguard Intl Equity Index F

    For “Eurozone inflation hits 4%: Where prices jumped the most,” Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence. Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eurozone”)

  • BWX Spdr Series Trust

    In “Eurozone inflation hits 4%: Where prices jumped the most,” 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 “Eurozone inflation hits 4%: Where prices jumped the most,” 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 “Eurozone inflation hits 4%: Where prices jumped the most.” 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 “Eurozone inflation hits 4%: Where prices jumped the most,” 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

    For “Eurozone inflation hits 4%: Where prices jumped the most,” 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 (“eurozone”) reaches its shares

  • NVS Novartis Ag

    In “Eurozone inflation hits 4%: Where prices jumped the most,” 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

How “Eurozone inflation hits 4%: Where prices jumped the most” reaches Vanguard Intl Equity Index F (VGK)

Vanguard Intl Equity Index F (VGK) is the company in “Eurozone inflation hits 4%: Where prices jumped the most,” 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 (“eurozone”)

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.

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

46 out of 100

“Eurozone inflation hits 4%: Where prices jumped the most” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.