Indicator notes

US market fear and greed index on March 10, 2025: 27.7 out of 100, in the “Fear” zone. The previous reading, on March 7, 2025, was 39.2: the index fell sharply by 11.5 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 12 trading days in a row in this zone. Biggest component moves: “52-week highs and lows” at 12.9 versus 30.0 and “Safe haven demand” at 5.9 versus 22.8. This describes that date's reading; it is not a forecast.

Financial anxiety in Georgia on March 9, 2025: 46.8 out of 100, in the “Usual interest” zone. The previous reading, on March 2, 2025, was 40.4 (“Below-usual interest”): the index rose by 6.4 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 2 weeks in a row. Biggest component moves: “Searches about deposits” at 13.1 versus 1.0 and “Searches about the dollar rate” at 80.4 versus 79.8. This describes that date's reading; it is not a forecast.

Financial anxiety in Kazakhstan on March 9, 2025: 53.7 out of 100, in the “Usual interest” zone. The previous reading, on March 2, 2025, was 38.4 (“Below-usual interest”): the index rose sharply by 15.3 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 88.1 versus 28.5 and “Searches about the dollar rate” at 64.4 versus 72.1. This describes that date's reading; it is not a forecast.

Financial anxiety in Tajikistan on March 9, 2025: 81.1 out of 100, in the “Surge of interest” zone. The previous reading, on March 2, 2025, was 58.3 (“Elevated interest”): the index rose sharply by 22.8 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. Before that the index had stayed in the “Elevated interest” zone for 4 weeks in a row. Biggest component moves: “Searches about deposits” at 76.6 versus 34.3 and “Searches about the dollar rate” at 85.6 versus 82.4. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on March 9, 2025: 22.3 out of 100, in the “Extreme Fear” zone. The previous reading, on March 8, 2025, was 32.4 (“Fear”): the index fell sharply by 10.1 points and crossed the 25 boundary. The “Extreme Fear” zone covers readings from 0 to 25: investors are avoiding risk and selling dominates. Before that the index had stayed in the “Fear” zone for 4 trading days in a row. Biggest component moves: “Implied volatility” at 47.0 versus 80.4 and “Volatility” at 20.4 versus 27.8. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on March 9, 2025: 9.9 out of 100, in the “Extreme Fear” zone. The previous reading, on March 8, 2025, was 22.2: the index fell sharply by 12.3 points. That meets our shift threshold of 10 points; the zone did not change. The “Extreme Fear” zone covers readings from 0 to 25: investors are avoiding risk and selling dominates. The index has now spent 7 trading days in a row in this zone. Biggest component moves: “Implied volatility” at 5.6 versus 39.3 and “Funding rate” at 15.5 versus 22.1. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Russian chemicals and fertilizers sector fear and greed index on March 7, 2025: 53.3 out of 100, in the “Neutral” zone. The previous reading, on March 6, 2025, was 55.3 (“Greed”): the index fell by 2.0 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 13 trading days in a row. Biggest component moves: “Sector breadth” at 36.2 versus 40.6 and “Sector momentum” at 81.8 versus 84.0. This describes that date's reading; it is not a forecast.

High-yield bond market stress on March 7, 2025: 75.2 out of 100, in the “Extreme pressure” zone. The previous reading, on March 6, 2025, was 72.3 (“High pressure”): the indicator rose by 2.9 points and crossed the 75 boundary. The “Extreme pressure” zone covers readings from 75 to 100: stress in the high-yield bond market is close to the highest in its history. Before that the indicator had stayed in the “High pressure” zone for 6 trading days in a row. Biggest component moves: “Price lag behind the market” at 69.2 versus 63.3 and “Yield spread over government bonds” at 81.1 versus 81.2. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Russian market fear and greed index on March 6, 2025: 41.5 out of 100, in the “Fear” zone. The previous reading, on March 5, 2025, was 48.8 (“Neutral”): the index fell by 7.3 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 5 trading days in a row. Biggest component moves: “Safe haven demand” at 40.8 versus 62.8 and “Put and call options” at 65.6 versus 83.8. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on March 6, 2025: 49.0 out of 100, in the “Neutral” zone. The previous reading, on March 5, 2025, was 61.2 (“Greed”): the index fell sharply by 12.2 points and crossed the 55 boundary. The “Neutral” zone covers readings from 45 to 55: neither fear nor greed dominates. The index spent a single trading day in the “Greed” zone. Biggest component moves: “Stock price strength” at 46.8 versus 91.3 and “Sector momentum” at 67.4 versus 71.5. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on March 5, 2025: 61.2 out of 100, in the “Greed” zone. The previous reading, on March 4, 2025, was 51.3 (“Neutral”): the index rose by 9.9 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 91.3 versus 46.9 and “Sector momentum” at 71.5 versus 76.7. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on March 5, 2025: 26.6 out of 100, in the “Fear” zone. The previous reading, on March 4, 2025, was 15.6 (“Extreme Fear”): the index rose sharply by 11.0 points and crossed the 25 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 “Extreme Fear” zone for 2 trading days in a row. Biggest component moves: “Implied volatility” at 43.2 versus 19.3 and “Funding rate” at 23.4 versus 7.3. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

US market fear and greed index on March 5, 2025: 43.5 out of 100, in the “Fear” zone. The previous reading, on March 4, 2025, was 32.1: the index rose sharply by 11.4 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 9 trading days in a row in this zone. Biggest component moves: “52-week highs and lows” at 62.5 versus 8.0 and “Safe haven demand” at 21.0 versus 13.4. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on March 4, 2025: 53.6 out of 100, in the “Neutral” zone. The previous reading, on March 3, 2025, was 55.1 (“Greed”): the index fell slightly by 1.5 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 11 trading days in a row. Biggest component moves: “Sector volatility” at 36.8 versus 43.9 and “Sector momentum” at 65.0 versus 63.4. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on March 4, 2025: 46.4 out of 100, in the “Moderate pressure” zone. The previous reading, on March 1, 2025, was 44.6 (“Low pressure”): the indicator rose slightly by 1.8 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 4 trading days in a row. Biggest component moves: “Exchange rate volatility” at 26.7 versus 20.1 and “Currency weakening” at 66.0 versus 65.2. This describes that date's reading; it is not a forecast.

Pressure on the Serbian dinar on March 4, 2025: 68.0 out of 100, in the “High pressure” zone. The previous reading, on March 1, 2025, was 78.7 (“Extreme pressure”): the indicator fell sharply by 10.7 points and crossed the 75 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 “Extreme pressure” zone for 4 trading days in a row. Biggest component moves: “Exchange rate volatility” at 49.1 versus 88.8 and “Currency weakening” at 78.7 versus 81.8. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on March 3, 2025: 49.2 out of 100, in the “Neutral” zone. The previous reading, on February 28, 2025, was 60.4 (“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. The index spent a single trading day in the “Greed” zone. Biggest component moves: “Stock price strength” at 46.9 versus 91.4 and “Sector momentum” at 70.1 versus 72.1. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on March 3, 2025: 18.5 out of 100, in the “Extreme Fear” zone. The previous reading, on March 2, 2025, was 29.0 (“Fear”): the index fell sharply by 10.5 points and crossed the 25 boundary. The “Extreme Fear” zone covers readings from 0 to 25: investors are avoiding risk and selling dominates. Before that the index had stayed in the “Fear” zone for 2 trading days in a row. Biggest component moves: “Price momentum” at 3.2 versus 23.7 and “Volatility” at 31.1 versus 47.5. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on March 3, 2025: 11.6 out of 100, in the “Extreme Fear” zone. The previous reading, on March 2, 2025, was 25.4 (“Fear”): the index fell sharply by 13.8 points and crossed the 25 boundary. The “Extreme Fear” zone covers readings from 0 to 25: investors are avoiding risk and selling dominates. The index spent a single trading day in the “Fear” zone. Biggest component moves: “Funding rate” at 8.4 versus 24.8 and “Price momentum” at 0.7 versus 16.8. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

US market fear and greed index on March 3, 2025: 31.5 out of 100, in the “Fear” zone. The previous reading, on February 28, 2025, was 44.0: the index fell sharply by 12.5 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 7 trading days in a row in this zone. Biggest component moves: “52-week highs and lows” at 7.8 versus 50.0 and “Junk bond demand” at 15.0 versus 27.4. This describes that date's reading; it is not a forecast.

Financial anxiety in Armenia on March 2, 2025: 50.3 out of 100, in the “Usual interest” zone. The previous reading, on February 23, 2025, was 72.8 (“Elevated interest”): the index fell sharply by 22.5 points and crossed the 55 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 “Elevated interest” zone. Biggest component moves: “Searches about deposits” at 17.0 versus 62.5 and “Searches about the dollar rate” at 83.7 versus 83.0. This describes that date's reading; it is not a forecast.

Financial anxiety in Kazakhstan on March 2, 2025: 38.4 out of 100, in the “Below-usual interest” zone. The previous reading, on February 23, 2025, was 55.2 (“Elevated interest”): the index fell sharply by 16.8 points and crossed the 55 and 45 boundaries. The “Below-usual interest” zone covers readings from 25 to 45: searches on the topic are below usual. The index spent a single week in the “Elevated interest” zone. Biggest component moves: “Searches about devaluation” at 14.4 versus 43.9 and “Searches about deposits” at 28.5 versus 44.6. This describes that date's reading; it is not a forecast.

Financial anxiety in Russia on March 2, 2025: 46.9 out of 100, in the “Usual interest” zone. The previous reading, on February 23, 2025, was 59.3 (“Elevated interest”): the index fell sharply by 12.4 points and crossed the 55 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 “Elevated interest” zone. Biggest component moves: “Searches about devaluation” at 8.7 versus 36.2 and “Searches about deposits” at 47.1 versus 56.7. This describes that date's reading; it is not a forecast.

Financial anxiety in Tajikistan on March 2, 2025: 58.3 out of 100, in the “Elevated interest” zone. The previous reading, on February 23, 2025, was 69.2: the index fell sharply by 10.9 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 34.3 versus 55.4 and “Searches about the dollar rate” at 82.4 versus 83.0. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on March 2, 2025: 29.0 out of 100, in the “Fear” zone. The previous reading, on March 1, 2025, was 40.2: the index fell sharply by 11.2 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: “Volatility” at 47.5 versus 83.2 and “Implied volatility” at 41.0 versus 71.6. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on March 2, 2025: 25.4 out of 100, in the “Fear” zone. The previous reading, on March 1, 2025, was 24.9 (“Extreme Fear”): the index rose slightly by 0.5 points and crossed the 25 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 “Extreme Fear” zone for 2 trading days in a row. Biggest component moves: “Volatility” at 31.1 versus 50.0 and “Funding rate” at 24.8 versus 8.1. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on March 1, 2025: 40.2 out of 100, in the “Fear” zone. The previous reading, on February 28, 2025, was 51.9 (“Neutral”): the index fell sharply by 11.7 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 5 trading days in a row. Biggest component moves: “Funding rate” at 3.2 versus 37.1 and “Implied volatility” at 71.6 versus 84.2. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on February 28, 2025: 60.4 out of 100, in the “Greed” zone. The previous reading, on February 27, 2025, was 47.6 (“Neutral”): the index rose sharply by 12.8 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 9 trading days in a row. Biggest component moves: “Stock price strength” at 91.4 versus 47.0 and “Sector momentum” at 72.1 versus 67.4. This describes that date's reading; it is not a forecast.

Ether fear and greed index on February 28, 2025: 22.7 out of 100, in the “Extreme Fear” zone. The previous reading, on February 27, 2025, was 32.4 (“Fear”): the index fell by 9.7 points and crossed the 25 boundary. The “Extreme Fear” zone covers readings from 0 to 25: investors are avoiding risk and selling dominates. Before that the index had stayed in the “Fear” zone for 7 trading days in a row. Biggest component moves: “Funding rate” at 10.0 versus 42.1 and “Implied volatility” at 32.7 versus 40.1. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Russian market fear and greed index on February 27, 2025: 54.7 out of 100, in the “Neutral” zone. The previous reading, on February 26, 2025, was 56.8 (“Greed”): the index fell by 2.1 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 10 trading days in a row. Biggest component moves: “Put and call options” at 80.1 versus 66.0 and “Safe haven demand” at 68.4 versus 81.6. This describes that date's reading; it is not a forecast.