Geopolitics Alpha

Swiss Inflation Hit A Near Three-Year High In October

Published . Updated .

Key takeaways

  • Exposed: EWL, BWX, EFA, NVS, CB
  • Market reaction: price tracking starts with the next trading session.

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GEOPOLITICS ALPHASwiss Inflation Hit A NearThree-Year High In OctoberGEOPOLITICS ALPHA

This report is about Switzerland.

Directly affected

  • No company is named in this report.

Indirectly affected

  • EWL iShares MSCI Switzerland ETF

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

  • 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 Switzerland

  • EFA iShares MSCI EAFE ETF-1.8% 10d

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

  • NVS Novartis AG+1.5% 16d

    Novartis AG (pharmaceutical preparations) is one of the largest Switzerland-based companies traded in the US, so news about Switzerland (“swiss”) reaches its shares.

  • CB Chubb+8.0% 30d

    Chubb (fire, marine and casualty insurance) is one of the largest Switzerland-based companies traded in the US, so news about Switzerland (“swiss”) reaches its shares.

  • BG Bunge Global-20.9% 30d

    Bunge Global (fats and oils) is one of the largest Switzerland-based companies traded in the US, so news about Switzerland (“swiss”) reaches its shares.

  • ONON On Holding AG+32.9% 30d

    On Holding AG (rubber and plastics footwear) is one of the largest Switzerland-based companies traded in the US, so news about Switzerland (“swiss”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
EWL-2.50%-1.35%baseafter closeafter closeafter closeafter close
BWX-0.05%-0.07%baseafter closeafter closeafter closeafter close
EFA-0.13%+0.62%baseafter closeafter closeafter closeafter close
NVS-2.88%-0.25%baseafter closeafter closeafter closeafter close
CB-3.47%-1.83%baseafter closeafter closeafter closeafter close
BG+7.52%+1.81%baseafter closeafter closeafter closeafter close
ONON-9.48%-7.71%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.

Swiss Inflation Hit A Near Three-Year High In October Finimize

Source: Finimize

Ishares (EWL) since “Swiss Inflation Hit A Near Three-Year High In October,” compared with the market

CompanyWhenMoveStatus
Bunge Global (BG)three days earlier+1.81%final price
Bunge Global (BG)five days earlier+7.52%final price
Spdr Series Trust (BWX)three days earlier-0.07%final price
Spdr Series Trust (BWX)five days earlier-0.05%final price
Chubb (CB)three days earlier-1.83%final price
Chubb (CB)five days earlier-3.47%final price
Ishares Tr (EFA)three days earlier+0.62%final price
Ishares Tr (EFA)five days earlier-0.13%final price
Ishares (EWL)three days earlier-1.35%final price
Ishares (EWL)five days earlier-2.50%final price
Novartis Ag (NVS)three days earlier-0.25%final price
Novartis Ag (NVS)five days earlier-2.88%final price
On Holding AG (ONON)three days earlier-7.71%final price
On Holding AG (ONON)five days earlier-9.48%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 “Swiss Inflation Hit A Near Three-Year High In October”

Companies mentioned with this story

  • EWL Ishares

    In “Swiss Inflation Hit A Near Three-Year High In October,” Ishares (EWL) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Switzerland ETF holds stocks listed in Switzerland, which this story is about (“swiss”)

  • BWX Spdr Series Trust

    In “Swiss Inflation Hit A Near Three-Year High In October,” 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 Switzerland

  • EFA Ishares Tr

    Ishares Tr (EFA) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Swiss Inflation Hit A Near Three-Year High In October.” Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Switzerland

  • NVS Novartis Ag

    For “Swiss Inflation Hit A Near Three-Year High In October,” Novartis Ag (NVS) is linked, with no stored direction, medium confidence. Reason on file: Novartis AG (pharmaceutical preparations) is one of the largest Switzerland-based companies traded in the US, so news about Switzerland (“swiss”) reaches its shares

  • CB Chubb

    In “Swiss Inflation Hit A Near Three-Year High In October,” Chubb (CB) is linked, with no stored direction, medium confidence. Reason on file: Chubb (fire, marine and casualty insurance) is one of the largest Switzerland-based companies traded in the US, so news about Switzerland (“swiss”) reaches its shares

  • BG Bunge Global

    Bunge Global (BG) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Swiss Inflation Hit A Near Three-Year High In October.” Reason on file: Bunge Global (fats and oils) is one of the largest Switzerland-based companies traded in the US, so news about Switzerland (“swiss”) reaches its shares

  • ONON On Holding AG

    For “Swiss Inflation Hit A Near Three-Year High In October,” On Holding AG (ONON) is linked, with no stored direction, medium confidence. Reason on file: On Holding AG (rubber and plastics footwear) is one of the largest Switzerland-based companies traded in the US, so news about Switzerland (“swiss”) reaches its shares

How “Swiss Inflation Hit A Near Three-Year High In October” reaches Ishares (EWL)

The 3 Nov 2026 story “Swiss Inflation Hit A Near Three-Year High In October” names Ishares (EWL) because of this story.

For Ishares (EWL), the reason on file says iShares MSCI Switzerland ETF holds stocks listed in Switzerland, which this story is about (“swiss”)

Also listed, Spdr Series Trust (BWX): SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Switzerland

The price range for Ishares (EWL), 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.

How solid “Swiss Inflation Hit A Near Three-Year High In October” looks

46 out of 100

“Swiss Inflation Hit A Near Three-Year High In October” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.