AWEG.US ETFs, or those tracking MSCI EAFE, are influenced by several factors:

Equity Market Performance: General performance of equity markets within developed countries, excluding the US and Canada, notably in Europe, Australasia, and the Far East.

Economic Data: Economic indicators like GDP growth, inflation rates, and unemployment figures within the EAFE region nations. Strong data typically lifts prices.

Currency Fluctuations: Currency exchange rates, particularly the relative strength of the US dollar against currencies of EAFE constituents, impact returns for US investors.

Interest Rates: Central bank policies, influencing borrowing costs and impacting corporate profitability and investor sentiment.

Political & Geopolitical Events: Political instability, trade wars, and global events affect market sentiment and investment flows, altering demand and prices.

Company-Specific News: News and performance data of individual companies within the EAFE index, particularly large-cap firms, can affect fund performance.