0QQZ.LSE, representing iShares Core FTSE 100 UCITS ETF, mirrors the performance of the FTSE 100. FTSE 100 Performance: The primary driver. Rising FTSE 100 increases 0QQZ's value.

Investor Sentiment: Overall market optimism or pessimism impacts demand and price.

Dividend Yield: Higher dividend yields can attract investors, boosting demand.

Interest Rates: Rising interest rates may make bonds more attractive, decreasing ETF demand.

Inflation: High inflation can erode company earnings, potentially lowering stock prices.

Currency Fluctuations: Changes in the GBP/USD exchange rate impact the ETF's value for international investors.

Economic Growth: A strong UK economy typically supports higher stock prices.

Global Events: Geopolitical instability or economic crises can trigger market sell-offs.

Sector Performance: The performance of major FTSE 100 sectors (e.g., financials, energy) influences the overall index.

ETF Supply and Demand: High demand relative to supply drives up the price; vice versa.