Swiss inflation surprises higher in October but core prices offer some relief
Published . Updated .
Energy prices bring up Swiss inflation but more subdued underlying pressures should keep the SNB from getting too worried
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+13.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “energy prices” (oil) in this story.
- XLE Energy Select Sector SPDR+12.1% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “energy prices” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “energy prices” (tanker shipping) in this story.
- 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
- XOM ExxonMobil Holdings+10.6% 15d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy prices” (oil) in this story.
- CVX Chevron+15.7% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy prices” (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 |
|---|---|---|---|---|---|---|---|
| USONo price data for this ticker | — | — | — | — | — | — | — |
| XLENo price data for this ticker | — | — | — | — | — | — | — |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| EWL | -2.50% | -1.35% | base | after close | after close | after close | after close |
| BWX | -0.05% | -0.07% | base | after close | after close | after close | after close |
| EFA | -0.13% | +0.62% | base | after close | after close | after close | after close |
| XOMNo price data for this ticker | — | — | — | — | — | — | — |
| CVXNo 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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Swiss inflation surprises higher in October but core prices offer some relief investingLive
Source: investingLive
How far Ishares (EWL) has moved since 3 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Spdr Series Trust (BWX) | three days earlier | -0.07% | final price |
| Spdr Series Trust (BWX) | five days earlier | -0.05% | 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 |
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 55 days before publication. Filed 21 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 20 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 64 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 20 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 41 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 62 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Novartis Ag (NVS), worth $15,001 - $50,000 on 27 Aug 2026. That is 68 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Maria Elvira Salazar sold Chubb (CB), worth $1,001 - $15,000 on 24 Sep 2026. That is 40 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chubb (CB) (jointly held), worth $1,001 - $15,000 on 23 Sep 2026. That is 41 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Chubb (CB) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 60 days before publication. Filed 7 Oct 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 Ishares (EWL)
Companies carried with this story
- EWL Ishares
Ishares (EWL) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Swiss inflation surprises higher in October but core prices offer some relief.” 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 surprises higher in October but core prices offer some relief,” 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 surprises higher in October but core prices offer some relief.” Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Switzerland
- NVS Novartis Ag
Novartis Ag (NVS) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Swiss inflation surprises higher in October but core prices offer some relief.” 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 surprises higher in October but core prices offer some relief,” 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
For “Swiss inflation surprises higher in October but core prices offer some relief,” Bunge Global (BG) is linked, with no stored direction, medium confidence. 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 surprises higher in October but core prices offer some relief,” 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
Ishares (EWL)
Ishares (EWL) is the company in “Swiss inflation surprises higher in October but core prices offer some relief,” the 3 Nov 2026 this story story.
The link for Ishares (EWL) is this: iShares MSCI Switzerland ETF holds stocks listed in Switzerland, which this story is about (“swiss”)
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 Switzerland
Price levels for Ishares (EWL)
EFA traded between 102.00 and 104.68 across 6 sessions. The latest close on file is 103.46.
What the saved facts support for Ishares (EWL)
46 out of 100
“Swiss inflation surprises higher in October but core prices offer some relief” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.