Forex
MSCI World ETF at Record-High Threshold: Two Weeks to Decide Its Fate
The MSCI World ETF is at a critical juncture, just 4.11% shy of its June 12 record high of $212.08.
Last week's earnings reports showed how sensitive the index is to single events: Microsoft beat expectations with a 43% growth in Azure revenue, while Meta Platforms missed estimates by $1.04 per share.
The jobs report on August 7 will be closely watched, particularly since it coincides with a time when the Federal Reserve will make its September rate decision.