Indicator notes

Russian industrial sector fear and greed index on March 25, 2025: 64.2 out of 100, in the “Greed” zone. The previous reading, on March 24, 2025, was 54.9 (“Neutral”): the index rose by 9.3 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: “Sector volatility” at 80.7 versus 45.1 and “Sector momentum” at 67.8 versus 66.6. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on March 25, 2025: 54.4 out of 100, in the “Moderate pressure” zone. The previous reading, on March 22, 2025, was 55.9 (“High pressure”): the indicator fell slightly by 1.5 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. Before that the indicator had stayed in the “High pressure” zone for 2 trading days in a row. Biggest component moves: “Currency weakening” at 63.3 versus 69.3 and “Central bank policy rate” at 2.8 versus 2.7. This describes that date's reading; it is not a forecast.

Pressure on the Uzbekistani sum on March 25, 2025: 45.0 out of 100, in the “Moderate pressure” zone. The previous reading, on March 22, 2025, was 35.1 (“Low pressure”): the indicator rose by 9.9 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. Biggest component moves: “Central bank policy rate” at 99.9 versus 62.5 and “Currency weakening” at 14.7 versus 11.8. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on March 24, 2025: 60.1 out of 100, in the “Greed” zone. The previous reading, on March 21, 2025, was 71.5: the index fell sharply by 11.4 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 2 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 36.1 versus 71.1 and “Sector breadth” at 45.9 versus 52.3. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on March 24, 2025: 54.9 out of 100, in the “Neutral” zone. The previous reading, on March 21, 2025, was 55.6 (“Greed”): the index fell slightly by 0.7 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 3 trading days in a row. Biggest component moves: “Sector breadth” at 60.8 versus 62.4 and “Sector momentum” at 66.6 versus 67.8. This describes that date's reading; it is not a forecast.

Russian oil and gas sector fear and greed index on March 24, 2025: 54.5 out of 100, in the “Neutral” zone. The previous reading, on March 21, 2025, was 55.7 (“Greed”): the index fell slightly by 1.2 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 5 trading days in a row. Biggest component moves: “Sector breadth” at 34.8 versus 37.2 and “Sector momentum” at 63.6 versus 65.8. This describes that date's reading; it is not a forecast.

Ether fear and greed index on March 24, 2025: 32.5 out of 100, in the “Fear” zone. The previous reading, on March 23, 2025, was 24.5 (“Extreme Fear”): the index rose by 8.0 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 76.3 versus 62.1 and “Price momentum” at 27.0 versus 14.7. 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 24, 2025: 46.2 out of 100, in the “Neutral” zone. The previous reading, on March 21, 2025, was 41.2 (“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. Before that the index had stayed in the “Fear” zone for 6 trading days in a row. Biggest component moves: “Safe haven demand” at 32.5 versus 15.2 and “52-week highs and lows” at 38.5 versus 53.8. This describes that date's reading; it is not a forecast.

Financial anxiety in Armenia on March 23, 2025: 60.9 out of 100, in the “Elevated interest” zone. The previous reading, on March 16, 2025, was 83.0 (“Surge of interest”): the index fell sharply by 22.1 points and crossed the 75 boundary. 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 “Surge of interest” zone. Biggest component moves: “Searches about deposits” at 42.0 versus 88.1 and “Searches about the dollar rate” at 79.8 versus 77.9. This describes that date's reading; it is not a forecast.

Financial anxiety in Belarus on March 23, 2025: 63.6 out of 100, in the “Elevated interest” zone. The previous reading, on March 16, 2025, was 46.9 (“Usual interest”): the index rose sharply by 16.7 points and crossed the 55 boundary. 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 “Usual interest” zone. Biggest component moves: “Searches about devaluation” at 43.9 versus 9.3 and “Searches about deposits” at 74.0 versus 57.4. This describes that date's reading; it is not a forecast.

Financial anxiety in Kyrgyzstan on March 23, 2025: 76.0 out of 100, in the “Surge of interest” zone. The previous reading, on March 16, 2025, was 59.9 (“Elevated interest”): the index rose sharply by 16.1 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 89.4 versus 71.5 and “Searches about the dollar rate” at 62.5 versus 48.4. This describes that date's reading; it is not a forecast.

Retail investor FOMO in Russia on March 23, 2025: 48.6 out of 100, in the “Usual interest” zone. The previous reading, on March 16, 2025, was 57.6 (“Elevated interest”): the index fell by 9.0 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. Before that the index had stayed in the “Elevated interest” zone for 6 weeks in a row. Biggest component moves: “Searches about buying bitcoin” at 33.7 versus 59.9 and “Searches about buying shares” at 47.8 versus 63.8. This describes that date's reading; it is not a forecast.

Ether fear and greed index on March 22, 2025: 18.4 out of 100, in the “Extreme Fear” zone. The previous reading, on March 21, 2025, was 27.3 (“Fear”): the index fell by 8.9 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 4.8 versus 27.8 and “Implied volatility” at 50.3 versus 65.1. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Georgian lari on March 22, 2025: 42.8 out of 100, in the “Low pressure” zone. The previous reading, on March 21, 2025, was 46.0 (“Moderate pressure”): the indicator fell by 3.2 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 23.1 versus 37.1 and “Exchange rate volatility” at 58.2 versus 56.8. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on March 21, 2025: 71.5 out of 100, in the “Greed” zone. The previous reading, on March 20, 2025, was 77.4 (“Extreme Greed”): the index fell by 5.9 points and crossed the 75 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 “Extreme Greed” zone for 2 trading days in a row. Biggest component moves: “Stock price strength” at 71.1 versus 86.6 and “Sector momentum” at 86.8 versus 90.0. This describes that date's reading; it is not a forecast.

High-yield bond market stress on March 21, 2025: 75.1 out of 100, in the “Extreme pressure” zone. The previous reading, on March 20, 2025, was 73.8 (“High pressure”): the indicator rose slightly by 1.3 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 5 trading days in a row. Biggest component moves: “Price lag behind the market” at 68.7 versus 65.3 and “Yield spread over government bonds” at 81.6 versus 82.4. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on March 21, 2025: 27.3 out of 100, in the “Fear” zone. The previous reading, on March 20, 2025, was 19.5 (“Extreme Fear”): the index rose by 7.8 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. The index spent a single trading day in the “Extreme Fear” zone. Biggest component moves: “Funding rate” at 27.8 versus 4.8 and “Implied volatility” at 65.1 versus 56.8. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on March 21, 2025: 56.4 out of 100, in the “High pressure” zone. The previous reading, on March 20, 2025, was 36.7 (“Low pressure”): the indicator rose sharply by 19.7 points and crossed the 45 and 55 boundaries. 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 “Low pressure” zone for 45 trading days in a row. Biggest component moves: “Exchange rate volatility” at 93.8 versus 40.0 and “Currency weakening” at 71.3 versus 46.4. This describes that date's reading; it is not a forecast.

Ether fear and greed index on March 20, 2025: 19.5 out of 100, in the “Extreme Fear” zone. The previous reading, on March 19, 2025, was 25.7 (“Fear”): the index fell by 6.2 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 4.8 versus 42.6 and “Implied volatility” at 56.8 versus 40.7. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Georgian lari on March 20, 2025: 46.5 out of 100, in the “Moderate pressure” zone. The previous reading, on March 19, 2025, was 43.5 (“Low pressure”): the indicator rose by 3.0 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 2 trading days in a row. Biggest component moves: “Currency weakening” at 39.1 versus 28.3 and “Exchange rate volatility” at 57.0 versus 55.7. This describes that date's reading; it is not a forecast.

Pressure on the Kyrgyzstani som on March 20, 2025: 47.0 out of 100, in the “Moderate pressure” zone. The previous reading, on March 19, 2025, was 44.7 (“Low pressure”): the indicator rose by 2.3 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 27 trading days in a row. Biggest component moves: “Exchange rate volatility” at 99.9 versus 64.4 and “Currency weakening” at 20.9 versus 47.1. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on March 19, 2025: 80.6 out of 100, in the “Extreme Greed” zone. The previous reading, on March 18, 2025, was 73.1 (“Greed”): the index rose by 7.5 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. The index spent a single trading day in the “Greed” zone. Biggest component moves: “Stock price strength” at 94.8 versus 71.0 and “Sector momentum” at 91.8 versus 88.6. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on March 19, 2025: 56.1 out of 100, in the “Greed” zone. The previous reading, on March 18, 2025, was 54.6 (“Neutral”): the index rose slightly by 1.5 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: “Sector volatility” at 46.5 versus 42.8 and “Sector breadth” at 62.0 versus 60.4. This describes that date's reading; it is not a forecast.

Ether fear and greed index on March 19, 2025: 25.7 out of 100, in the “Fear” zone. The previous reading, on March 18, 2025, was 20.4 (“Extreme Fear”): the index rose by 5.3 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 16 trading days in a row. Biggest component moves: “Funding rate” at 42.6 versus 17.7 and “Price momentum” at 10.8 versus 4.8. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on March 19, 2025: 72.8 out of 100, in the “High pressure” zone. The previous reading, on March 18, 2025, was 75.4 (“Extreme pressure”): the indicator fell by 2.6 points and crossed the 75 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. The indicator spent a single trading day in the “Extreme pressure” zone. Biggest component moves: “Currency weakening” at 42.3 versus 53.3 and “Exchange rate volatility” at 89.0 versus 88.2. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on March 18, 2025: 73.1 out of 100, in the “Greed” zone. The previous reading, on March 17, 2025, was 76.4 (“Extreme Greed”): the index fell by 3.3 points and crossed the 75 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 “Extreme Greed” zone. Biggest component moves: “Stock price strength” at 71.0 versus 86.3 and “Sector volatility” at 79.7 versus 73.5. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on March 18, 2025: 68.5 out of 100, in the “High pressure” zone. The previous reading, on March 15, 2025, was 58.1: the indicator rose sharply by 10.4 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. The indicator has now spent 6 trading days in a row in this zone. Biggest component moves: “International reserves” at 72.5 versus 40.7 and “Exchange rate volatility” at 58.3 versus 53.3. This describes that date's reading; it is not a forecast.

Pressure on the Georgian lari on March 18, 2025: 44.4 out of 100, in the “Low pressure” zone. The previous reading, on March 15, 2025, was 64.1 (“High pressure”): the indicator fell sharply by 19.7 points and crossed the 55 and 45 boundaries. 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 “High pressure” zone for 15 trading days in a row. Biggest component moves: “International reserves” at 9.0 versus 80.0 and “Exchange rate volatility” at 59.0 versus 63.8. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on March 18, 2025: 75.4 out of 100, in the “Extreme pressure” zone. The previous reading, on March 15, 2025, was 68.7 (“High pressure”): the indicator rose by 6.7 points and crossed the 75 boundary. The “Extreme pressure” zone covers readings from 75 to 100: pressure on the currency is close to the highest in its history. Before that the indicator had stayed in the “High pressure” zone for 28 trading days in a row. Biggest component moves: “Currency weakening” at 53.3 versus 33.2 and “Exchange rate volatility” at 88.2 versus 81.3. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on March 17, 2025: 76.4 out of 100, in the “Extreme Greed” zone. The previous reading, on March 14, 2025, was 57.7 (“Greed”): the index rose sharply by 18.7 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 12 trading days in a row. Biggest component moves: “Stock price strength” at 86.3 versus 36.0 and “Sector volatility” at 73.5 versus 56.6. This describes that date's reading; it is not a forecast.