Indicator notes

High-yield bond market stress on March 29, 2024: 59.1 out of 100, in the “High pressure” zone. The previous reading, on March 28, 2024, was 69.2: the indicator fell sharply by 10.1 points. That meets our shift threshold of 10 points; the zone did not change. The “High pressure” zone covers readings from 55 to 75: stress in the high-yield bond market is clearly above usual. Biggest component moves: “Yield spread over government bonds” at 67.7 versus 89.1 and “Price lag behind the market” at 50.5 versus 49.3. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on March 28, 2024: 55.3 out of 100, in the “Greed” zone. The previous reading, on March 27, 2024, was 45.9 (“Neutral”): the index rose by 9.4 points and crossed the 55 boundary. The “Greed” zone covers readings from 55 to 75: appetite for risk is above normal and buying dominates. Before that the index had stayed in the “Neutral” zone for 3 trading days in a row. Biggest component moves: “Stock price strength” at 75.3 versus 38.3 and “Sector momentum” at 46.9 versus 45.9. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on March 28, 2024: 62.2 out of 100, in the “Greed” zone. The previous reading, on March 27, 2024, was 73.1: the index fell sharply by 10.9 points. That meets our shift threshold of 10 points; the zone did not change. The “Greed” zone covers readings from 55 to 75: appetite for risk is above normal and buying dominates. The index has now spent 4 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 36.1 versus 84.5 and “Sector breadth” at 86.4 versus 84.2. This describes that date's reading; it is not a forecast.

Russian metals and mining sector fear and greed index on March 28, 2024: 39.8 out of 100, in the “Fear” zone. The previous reading, on March 27, 2024, was 50.7 (“Neutral”): the index fell sharply by 10.9 points and crossed the 45 boundary. The “Fear” zone covers readings from 25 to 45: investors are cautious and appetite for risk is below normal. Before that the index had stayed in the “Neutral” zone for 2 trading days in a row. Biggest component moves: “Stock price strength” at 42.5 versus 87.6 and “Sector momentum” at 45.1 versus 44.5. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on March 28, 2024: 44.7 out of 100, in the “Low pressure” zone. The previous reading, on March 27, 2024, was 45.1 (“Moderate pressure”): the indicator fell slightly by 0.4 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 2 trading days in a row. Biggest component moves: “Currency weakening” at 40.3 versus 42.4 and “Exchange rate volatility” at 48.6 versus 48.0. This describes that date's reading; it is not a forecast.

Russian consumer sector fear and greed index on March 26, 2024: 75.5 out of 100, in the “Extreme Greed” zone. The previous reading, on March 25, 2024, was 70.0 (“Greed”): the index rose by 5.5 points and crossed the 75 boundary. The “Extreme Greed” zone covers readings from 75 to 100: optimism is close to its limit and risk is taken eagerly. Before that the index had stayed in the “Greed” zone for 6 trading days in a row. Biggest component moves: “Sector volatility” at 47.9 versus 32.6 and “Sector momentum” at 81.3 versus 77.3. This describes that date's reading; it is not a forecast.

Russian IT and telecom sector fear and greed index on March 26, 2024: 76.1 out of 100, in the “Extreme Greed” zone. The previous reading, on March 25, 2024, was 74.5 (“Greed”): the index rose slightly by 1.6 points and crossed the 75 boundary. The “Extreme Greed” zone covers readings from 75 to 100: optimism is close to its limit and risk is taken eagerly. Before that the index had stayed in the “Greed” zone for 23 trading days in a row. Biggest component moves: “Sector volatility” at 48.5 versus 33.4 and “Stock price strength” at 80.5 versus 89.7. This describes that date's reading; it is not a forecast.

Russian metals and mining sector fear and greed index on March 26, 2024: 46.5 out of 100, in the “Neutral” zone. The previous reading, on March 25, 2024, was 44.6 (“Fear”): the index rose slightly by 1.9 points and crossed the 45 boundary. The “Neutral” zone covers readings from 45 to 55: neither fear nor greed dominates. Before that the index had stayed in the “Fear” zone for 2 trading days in a row. Biggest component moves: “Sector volatility” at 47.9 versus 41.4 and “Sector momentum” at 43.6 versus 43.0. This describes that date's reading; it is not a forecast.

Russian oil and gas sector fear and greed index on March 26, 2024: 47.9 out of 100, in the “Neutral” zone. The previous reading, on March 25, 2024, was 44.4 (“Fear”): the index rose by 3.5 points and crossed the 45 boundary. The “Neutral” zone covers readings from 45 to 55: neither fear nor greed dominates. Before that the index had stayed in the “Fear” zone for 2 trading days in a row. Biggest component moves: “Sector volatility” at 41.6 versus 25.3 and “Sector breadth” at 28.3 versus 30.3. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on March 26, 2024: 44.7 out of 100, in the “Fear” zone. The previous reading, on March 25, 2024, was 45.2 (“Neutral”): the index fell slightly by 0.5 points and crossed the 45 boundary. The “Fear” zone covers readings from 25 to 45: investors are cautious and appetite for risk is below normal. The index spent a single trading day in the “Neutral” zone. Biggest component moves: “Price momentum” at 83.7 versus 85.6 and “Funding rate” at 91.1 versus 91.6. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on March 26, 2024: 45.8 out of 100, in the “Moderate pressure” zone. The previous reading, on March 23, 2024, was 44.2 (“Low pressure”): the indicator rose slightly by 1.6 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 6 trading days in a row. Biggest component moves: “Exchange rate volatility” at 49.2 versus 32.2 and “Currency weakening” at 43.8 versus 54.4. This describes that date's reading; it is not a forecast.

Russian market fear and greed index on March 25, 2024: 62.8 out of 100, in the “Greed” zone. The previous reading, on March 22, 2024, was 52.8 (“Neutral”): the index rose sharply by 10.0 points and crossed the 55 boundary. The “Greed” zone covers readings from 55 to 75: appetite for risk is above normal and buying dominates. The index spent a single trading day in the “Neutral” zone. Biggest component moves: “Stock price strength” at 82.7 versus 14.6 and “Put and call options” at 64.8 versus 60.8. This describes that date's reading; it is not a forecast.

Russian chemicals and fertilizers sector fear and greed index on March 25, 2024: 28.1 out of 100, in the “Fear” zone. The previous reading, on March 22, 2024, was 38.7: the index fell sharply by 10.6 points. That meets our shift threshold of 10 points; the zone did not change. The “Fear” zone covers readings from 25 to 45: investors are cautious and appetite for risk is below normal. The index has now spent 23 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 2.8 versus 44.3 and “Sector breadth” at 42.8 versus 45.7. This describes that date's reading; it is not a forecast.

Russian consumer sector fear and greed index on March 25, 2024: 70.0 out of 100, in the “Greed” zone. The previous reading, on March 22, 2024, was 55.2: the index rose sharply by 14.8 points. That meets our shift threshold of 10 points; the zone did not change. The “Greed” zone covers readings from 55 to 75: appetite for risk is above normal and buying dominates. The index has now spent 6 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 92.8 versus 40.1 and “Sector momentum” at 77.3 versus 69.3. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on March 25, 2024: 50.1 out of 100, in the “Neutral” zone. The previous reading, on March 22, 2024, was 40.7 (“Fear”): the index rose by 9.4 points and crossed the 45 boundary. The “Neutral” zone covers readings from 45 to 55: neither fear nor greed dominates. Before that the index had stayed in the “Fear” zone for 10 trading days in a row. Biggest component moves: “Stock price strength” at 75.5 versus 38.7 and “Sector momentum” at 36.2 versus 34.2. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on March 25, 2024: 62.6 out of 100, in the “Greed” zone. The previous reading, on March 22, 2024, was 51.0 (“Neutral”): the index rose sharply by 11.6 points and crossed the 55 boundary. The “Greed” zone covers readings from 55 to 75: appetite for risk is above normal and buying dominates. The index spent a single trading day in the “Neutral” zone. Biggest component moves: “Stock price strength” at 84.7 versus 36.7 and “Sector volatility” at 37.4 versus 41.8. This describes that date's reading; it is not a forecast.

Russian metals and mining sector fear and greed index on March 25, 2024: 44.6 out of 100, in the “Fear” zone. The previous reading, on March 22, 2024, was 29.3: the index rose sharply by 15.3 points. That meets our shift threshold of 10 points; the zone did not change. The “Fear” zone covers readings from 25 to 45: investors are cautious and appetite for risk is below normal. The index has now spent 2 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 73.8 versus 13.8 and “Sector momentum” at 43.0 versus 39.4. This describes that date's reading; it is not a forecast.

Russian oil and gas sector fear and greed index on March 25, 2024: 44.4 out of 100, in the “Fear” zone. The previous reading, on March 22, 2024, was 30.6: the index rose sharply by 13.8 points. That meets our shift threshold of 10 points; the zone did not change. The “Fear” zone covers readings from 25 to 45: investors are cautious and appetite for risk is below normal. The index has now spent 2 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 74.1 versus 10.6 and “Sector volatility” at 25.3 versus 32.2. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on March 25, 2024: 45.2 out of 100, in the “Neutral” zone. The previous reading, on March 24, 2024, was 42.9 (“Fear”): the index rose by 2.3 points and crossed the 45 boundary. The “Neutral” zone covers readings from 45 to 55: neither fear nor greed dominates. Before that the index had stayed in the “Fear” zone for 6 trading days in a row. Biggest component moves: “Price momentum” at 85.6 versus 78.8 and “Funding rate” at 91.6 versus 85.9. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Financial anxiety in Armenia on March 24, 2024: 45.2 out of 100, in the “Usual interest” zone. The previous reading, on March 17, 2024, was 10.3 (“Quiet”): the index rose sharply by 34.9 points and crossed the 25 and 45 boundaries. The “Usual interest” zone covers readings from 45 to 55: searches on the topic are about at their usual level. The index spent a single week in the “Quiet” zone. Biggest component moves: “Searches about deposits” at 84.3 versus 18.3 and “Searches about the dollar rate” at 6.1 versus 2.2. This describes that date's reading; it is not a forecast.

Financial anxiety in Belarus on March 24, 2024: 52.5 out of 100, in the “Usual interest” zone. The previous reading, on March 17, 2024, was 36.9 (“Below-usual interest”): the index rose sharply by 15.6 points and crossed the 45 boundary. The “Usual interest” zone covers readings from 45 to 55: searches on the topic are about at their usual level. The index spent a single week in the “Below-usual interest” zone. Biggest component moves: “Searches about deposits” at 58.0 versus 18.9 and “Searches about the dollar rate” at 30.4 versus 7.4. This describes that date's reading; it is not a forecast.

Financial anxiety in Georgia on March 24, 2024: 20.2 out of 100, in the “Quiet” zone. The previous reading, on March 17, 2024, was 4.2: the index rose sharply by 16.0 points. That meets our shift threshold of 10 points; the zone did not change. The “Quiet” zone covers readings from 0 to 25: searches on the topic are well below usual. The index has now spent 2 weeks in a row in this zone. Biggest component moves: “Searches about deposits” at 32.4 versus 7.4 and “Searches about the dollar rate” at 8.0 versus 1.0. This describes that date's reading; it is not a forecast.

Financial anxiety in Russia on March 24, 2024: 55.4 out of 100, in the “Elevated interest” zone. The previous reading, on March 17, 2024, was 45.2 (“Usual interest”): the index rose sharply by 10.2 points and crossed the 55 boundary. The “Elevated interest” zone covers readings from 55 to 75: searches on the topic are above usual. Before that the index had stayed in the “Usual interest” zone for 7 weeks in a row. Biggest component moves: “Searches about the dollar rate” at 33.0 versus 10.6 and “Searches about devaluation” at 81.7 versus 71.5. This describes that date's reading; it is not a forecast.

Financial anxiety in Tajikistan on March 24, 2024: 48.4 out of 100, in the “Usual interest” zone. The previous reading, on March 17, 2024, was 41.0 (“Below-usual interest”): the index rose by 7.4 points and crossed the 45 boundary. The “Usual interest” zone covers readings from 45 to 55: searches on the topic are about at their usual level. Before that the index had stayed in the “Below-usual interest” zone for 3 weeks in a row. Biggest component moves: “Searches about deposits” at 73.4 versus 59.3 and “Searches about the dollar rate” at 23.4 versus 22.8. This describes that date's reading; it is not a forecast.

Russian market fear and greed index on March 22, 2024: 52.8 out of 100, in the “Neutral” zone. The previous reading, on March 21, 2024, was 65.3 (“Greed”): the index fell sharply by 12.5 points and crossed the 55 boundary. The “Neutral” zone covers readings from 45 to 55: neither fear nor greed dominates. Before that the index had stayed in the “Greed” zone for 2 trading days in a row. Biggest component moves: “Stock price strength” at 14.6 versus 82.8 and “Market volatility” at 18.2 versus 32.8. This describes that date's reading; it is not a forecast.

Russian consumer sector fear and greed index on March 22, 2024: 55.2 out of 100, in the “Greed” zone. The previous reading, on March 21, 2024, was 71.4: the index fell sharply by 16.2 points. That meets our shift threshold of 10 points; the zone did not change. The “Greed” zone covers readings from 55 to 75: appetite for risk is above normal and buying dominates. The index has now spent 5 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 40.1 versus 88.1 and “Sector momentum” at 69.3 versus 79.3. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on March 22, 2024: 51.0 out of 100, in the “Neutral” zone. The previous reading, on March 21, 2024, was 62.2 (“Greed”): the index fell sharply by 11.2 points and crossed the 55 boundary. The “Neutral” zone covers readings from 45 to 55: neither fear nor greed dominates. Before that the index had stayed in the “Greed” zone for 2 trading days in a row. Biggest component moves: “Stock price strength” at 36.7 versus 69.9 and “Sector momentum” at 43.6 versus 48.3. This describes that date's reading; it is not a forecast.

Russian metals and mining sector fear and greed index on March 22, 2024: 29.3 out of 100, in the “Fear” zone. The previous reading, on March 21, 2024, was 47.9 (“Neutral”): the index fell sharply by 18.6 points and crossed the 45 boundary. The “Fear” zone covers readings from 25 to 45: investors are cautious and appetite for risk is below normal. The index spent a single trading day in the “Neutral” zone. Biggest component moves: “Stock price strength” at 13.8 versus 87.7 and “Sector momentum” at 39.4 versus 44.9. This describes that date's reading; it is not a forecast.

Russian oil and gas sector fear and greed index on March 22, 2024: 30.6 out of 100, in the “Fear” zone. The previous reading, on March 21, 2024, was 47.5 (“Neutral”): the index fell sharply by 16.9 points and crossed the 45 boundary. The “Fear” zone covers readings from 25 to 45: investors are cautious and appetite for risk is below normal. The index spent a single trading day in the “Neutral” zone. Biggest component moves: “Stock price strength” at 10.6 versus 74.2 and “Sector breadth” at 32.8 versus 37.8. This describes that date's reading; it is not a forecast.

Russian metals and mining sector fear and greed index on March 21, 2024: 47.9 out of 100, in the “Neutral” zone. The previous reading, on March 20, 2024, was 41.6 (“Fear”): the index rose by 6.3 points and crossed the 45 boundary. The “Neutral” zone covers readings from 45 to 55: neither fear nor greed dominates. Before that the index had stayed in the “Fear” zone for 22 trading days in a row. Biggest component moves: “Stock price strength” at 87.7 versus 74.1 and “Sector volatility” at 39.6 versus 31.3. This describes that date's reading; it is not a forecast.