Indicator notes

Pressure on the Armenian dram on January 22, 2025: 53.9 out of 100, in the “Moderate pressure” zone. The previous reading, on January 21, 2025, was 55.6 (“High pressure”): the indicator fell slightly by 1.7 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. The indicator spent a single trading day in the “High pressure” zone. Biggest component moves: “Exchange rate volatility” at 22.3 versus 29.0 and “Central bank policy rate” at 49.0 versus 48.9. This describes that date's reading; it is not a forecast.

Russian market fear and greed index on January 21, 2025: 68.5 out of 100, in the “Greed” zone. The previous reading, on January 20, 2025, was 57.6: the index rose 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 3 trading days in a row in this zone. Biggest component moves: “Credit risk appetite” at 88.0 versus 58.4 and “Put and call options” at 42.8 versus 16.6. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on January 21, 2025: 47.7 out of 100, in the “Neutral” zone. The previous reading, on January 20, 2025, was 44.7 (“Fear”): the index rose by 3.0 points and crossed the 45 boundary. The “Neutral” zone covers readings from 45 to 55: neither fear nor greed dominates. The index spent a single trading day in the “Fear” zone. Biggest component moves: “Sector momentum” at 60.6 versus 54.3 and “Sector breadth” at 61.0 versus 56.8. This describes that date's reading; it is not a forecast.

Russian metals and mining sector fear and greed index on January 21, 2025: 57.6 out of 100, in the “Greed” zone. The previous reading, on January 20, 2025, was 47.2 (“Neutral”): the index rose sharply by 10.4 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 2 trading days in a row. Biggest component moves: “Stock price strength” at 72.3 versus 42.7 and “Sector momentum” at 55.1 versus 48.3. This describes that date's reading; it is not a forecast.

Ether fear and greed index on January 21, 2025: 46.5 out of 100, in the “Neutral” zone. The previous reading, on January 20, 2025, was 43.5 (“Fear”): the index rose by 3.0 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 3 trading days in a row. Biggest component moves: “Implied volatility” at 32.5 versus 23.2 and “Price momentum” at 28.6 versus 25.3. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on January 21, 2025: 55.6 out of 100, in the “High pressure” zone. The previous reading, on January 18, 2025, was 54.5 (“Moderate pressure”): the indicator rose slightly by 1.1 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 2 trading days in a row. Biggest component moves: “Exchange rate volatility” at 29.0 versus 24.3 and “Currency weakening” at 84.8 versus 85.3. This describes that date's reading; it is not a forecast.

Russian consumer sector fear and greed index on January 20, 2025: 45.3 out of 100, in the “Neutral” zone. The previous reading, on January 17, 2025, was 36.0 (“Fear”): the index rose by 9.3 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 11 trading days in a row. Biggest component moves: “Stock price strength” at 82.0 versus 41.1 and “Sector volatility” at 36.2 versus 39.2. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on January 20, 2025: 44.7 out of 100, in the “Fear” zone. The previous reading, on January 17, 2025, was 46.9 (“Neutral”): the index fell by 2.2 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: “Sector momentum” at 54.3 versus 62.0 and “Sector volatility” at 30.9 versus 33.4. This describes that date's reading; it is not a forecast.

Financial anxiety in Armenia on January 19, 2025: 58.3 out of 100, in the “Elevated interest” zone. The previous reading, on January 12, 2025, was 36.9 (“Below-usual interest”): the index rose sharply by 21.4 points and crossed the 45 and 55 boundaries. The “Elevated interest” zone covers readings from 55 to 75: searches on the topic are above usual. The index spent a single week in the “Below-usual interest” zone. Biggest component moves: “Searches about deposits” at 42.0 versus 0.3 and “Searches about the dollar rate” at 74.7 versus 73.4. This describes that date's reading; it is not a forecast.

Financial anxiety in Georgia on January 19, 2025: 53.5 out of 100, in the “Usual interest” zone. The previous reading, on January 12, 2025, was 33.7 (“Below-usual interest”): the index rose sharply by 19.8 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 43.3 versus 1.0 and “Searches about the dollar rate” at 63.8 versus 66.3. This describes that date's reading; it is not a forecast.

Financial anxiety in Kazakhstan on January 19, 2025: 65.3 out of 100, in the “Elevated interest” zone. The previous reading, on January 12, 2025, was 55.2: the index rose sharply by 10.1 points. That meets our shift threshold of 10 points; the zone did not change. The “Elevated interest” zone covers readings from 55 to 75: searches on the topic are above usual. The index has now spent 4 weeks in a row in this zone. Biggest component moves: “Searches about deposits” at 76.0 versus 51.6 and “Searches about the dollar rate” at 70.2 versus 67.0. This describes that date's reading; it is not a forecast.

Financial anxiety in Russia on January 19, 2025: 53.7 out of 100, in the “Usual interest” zone. The previous reading, on January 12, 2025, was 43.5 (“Below-usual interest”): the index rose sharply by 10.2 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 62.5 versus 34.3 and “Searches about devaluation” at 44.6 versus 31.7. This describes that date's reading; it is not a forecast.

Retail investor FOMO in Russia on January 19, 2025: 81.5 out of 100, in the “Surge of interest” zone. The previous reading, on January 12, 2025, was 72.5 (“Elevated interest”): the index rose by 9.0 points and crossed the 75 boundary. The “Surge of interest” zone covers readings from 75 to 100: searches on the topic are far above usual. The index spent a single week in the “Elevated interest” zone. Biggest component moves: “Searches about buying shares” at 68.3 versus 52.9 and “Searches about a brokerage account” at 81.7 versus 69.6. This describes that date's reading; it is not a forecast.

Ether fear and greed index on January 18, 2025: 44.3 out of 100, in the “Fear” zone. The previous reading, on January 17, 2025, was 49.2 (“Neutral”): the index fell by 4.9 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: “Price momentum” at 25.9 versus 41.8 and “Implied volatility” at 27.5 versus 33.8. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Russian market fear and greed index on January 17, 2025: 55.2 out of 100, in the “Greed” zone. The previous reading, on January 16, 2025, was 50.1 (“Neutral”): the index rose by 5.1 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: “Credit risk appetite” at 47.9 versus 14.6 and “Stock price strength” at 32.3 versus 40.7. This describes that date's reading; it is not a forecast.

Russian metals and mining sector fear and greed index on January 17, 2025: 48.5 out of 100, in the “Neutral” zone. The previous reading, on January 16, 2025, was 44.9 (“Fear”): the index rose by 3.6 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 14 trading days in a row. Biggest component moves: “Sector momentum” at 53.9 versus 46.5 and “Sector breadth” at 63.2 versus 57.4. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on January 17, 2025: 45.6 out of 100, in the “Neutral” zone. The previous reading, on January 16, 2025, was 37.1 (“Fear”): the index rose by 8.5 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 8 trading days in a row. Biggest component moves: “Price momentum” at 60.4 versus 44.8 and “Volatility” at 74.1 versus 65.6. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on January 17, 2025: 49.2 out of 100, in the “Neutral” zone. The previous reading, on January 16, 2025, was 35.2 (“Fear”): the index rose sharply by 14.0 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: “Funding rate” at 61.8 versus 34.9 and “Price momentum” at 41.8 versus 24.8. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on January 17, 2025: 54.8 out of 100, in the “Moderate pressure” zone. The previous reading, on January 16, 2025, was 59.3 (“High pressure”): the indicator fell by 4.5 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Biggest component moves: “Exchange rate volatility” at 26.4 versus 44.0 and “Currency weakening” at 84.4 versus 84.6. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on January 17, 2025: 38.0 out of 100, in the “Low pressure” zone. The previous reading, on January 16, 2025, was 46.4 (“Moderate pressure”): the indicator fell by 8.4 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 3 trading days in a row. Biggest component moves: “Central bank policy rate” at 2.3 versus 35.4 and “Currency weakening” at 40.8 versus 42.1. This describes that date's reading; it is not a forecast.

Russian market fear and greed index on January 16, 2025: 50.1 out of 100, in the “Neutral” zone. The previous reading, on January 15, 2025, was 42.7 (“Fear”): the index rose by 7.4 points and crossed the 45 boundary. The “Neutral” zone covers readings from 45 to 55: neither fear nor greed dominates. The index spent a single trading day in the “Fear” zone. Biggest component moves: “Market volatility” at 83.0 versus 64.2 and “Safe haven demand” at 99.3 versus 85.2. This describes that date's reading; it is not a forecast.

Russian chemicals and fertilizers sector fear and greed index on January 16, 2025: 78.1 out of 100, in the “Extreme Greed” zone. The previous reading, on January 15, 2025, was 72.2 (“Greed”): the index rose by 5.9 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 10 trading days in a row. Biggest component moves: “Sector volatility” at 85.2 versus 68.0 and “Sector breadth” at 82.4 versus 78.1. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on January 16, 2025: 48.6 out of 100, in the “Neutral” zone. The previous reading, on January 15, 2025, was 43.6 (“Fear”): the index rose by 5.0 points and crossed the 45 boundary. The “Neutral” zone covers readings from 45 to 55: neither fear nor greed dominates. The index spent a single trading day in the “Fear” zone. Biggest component moves: “Sector volatility” at 53.9 versus 40.6 and “Sector breadth” at 50.3 versus 46.3. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on January 16, 2025: 53.6 out of 100, in the “Neutral” zone. The previous reading, on January 15, 2025, was 40.5 (“Fear”): the index rose sharply by 13.1 points and crossed the 45 boundary. The “Neutral” zone covers readings from 45 to 55: neither fear nor greed dominates. The index spent a single trading day in the “Fear” zone. Biggest component moves: “Stock price strength” at 74.6 versus 36.7 and “Sector volatility” at 31.8 versus 22.7. This describes that date's reading; it is not a forecast.

Russian oil and gas sector fear and greed index on January 16, 2025: 45.5 out of 100, in the “Neutral” zone. The previous reading, on January 15, 2025, was 42.1 (“Fear”): the index rose by 3.4 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 14 trading days in a row. Biggest component moves: “Sector volatility” at 31.3 versus 22.9 and “Sector breadth” at 53.1 versus 49.3. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on January 16, 2025: 59.3 out of 100, in the “High pressure” zone. The previous reading, on January 15, 2025, was 70.9: the indicator fell sharply by 11.6 points. That meets our shift threshold of 10 points; the zone did not change. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Biggest component moves: “Exchange rate volatility” at 44.0 versus 90.8 and “Currency weakening” at 84.6 versus 84.4. This describes that date's reading; it is not a forecast.

Russian market fear and greed index on January 15, 2025: 42.7 out of 100, in the “Fear” zone. The previous reading, on January 14, 2025, was 49.3 (“Neutral”): the index fell by 6.6 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. Before that the index had stayed in the “Neutral” zone for 3 trading days in a row. Biggest component moves: “Market volatility” at 64.2 versus 85.2 and “Put and call options” at 13.0 versus 29.5. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on January 15, 2025: 43.6 out of 100, in the “Fear” zone. The previous reading, on January 14, 2025, was 51.2 (“Neutral”): the index fell by 7.6 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. Before that the index had stayed in the “Neutral” zone for 3 trading days in a row. Biggest component moves: “Stock price strength” at 40.3 versus 77.2 and “Sector breadth” at 46.3 versus 42.6. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on January 15, 2025: 40.5 out of 100, in the “Fear” zone. The previous reading, on January 14, 2025, was 46.9 (“Neutral”): the index fell by 6.4 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 36.7 versus 74.5 and “Sector breadth” at 45.9 versus 40.8. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on January 14, 2025: 46.9 out of 100, in the “Neutral” zone. The previous reading, on January 13, 2025, was 44.1 (“Fear”): the index rose by 2.8 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 8 trading days in a row. Biggest component moves: “Sector momentum” at 52.5 versus 47.3 and “Sector volatility” at 19.7 versus 15.6. This describes that date's reading; it is not a forecast.