What moves global stocks
Key drivers, sectors and what to look for in each business.
The business comes before the ticker
A share represents ownership in a company; a CFD on its price has a different structure and different risks. Before interpreting a move, understand the product and the underlying business: customers, revenue, costs and competition.
Results and expectations
Prices may respond to the gap between reported results and market expectations. Growing revenue does not guarantee a rising share price. Margins, debt, cash generation and outlook should be read together, with attention to the period and currency of the data.
The wider context
Interest rates, inflation and exchange rates influence costs and valuation. Companies in the same sector may respond differently depending on their finances and geographic exposure. Compare scenarios and acknowledge the limits of available information.