Indicator notes

Retail investor FOMO in Russia on April 20, 2025: 56.1 out of 100, in the “Elevated interest” zone. The previous reading, on April 13, 2025, was 45.4 (“Usual interest”): the index rose sharply by 10.7 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 buying bitcoin” at 45.8 versus 26.6 and “Searches about buying shares” at 63.1 versus 45.2. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on April 19, 2025: 52.7 out of 100, in the “Neutral” zone. The previous reading, on April 18, 2025, was 55.1 (“Greed”): the index fell by 2.4 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: “Funding rate” at 20.7 versus 31.6 and “Implied volatility” at 93.3 versus 97.4. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on April 19, 2025: 30.7 out of 100, in the “Fear” zone. The previous reading, on April 18, 2025, was 24.2 (“Extreme Fear”): the index rose by 6.5 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 4 trading days in a row. Biggest component moves: “Funding rate” at 30.8 versus 5.9 and “Price momentum” at 24.5 versus 19.6. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Tajikistani somoni on April 19, 2025: 52.2 out of 100, in the “Moderate pressure” zone. The previous reading, on April 18, 2025, was 57.4 (“High pressure”): the indicator fell by 5.2 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 49 trading days in a row. Biggest component moves: “Currency weakening” at 22.5 versus 42.7 and “Exchange rate volatility” at 90.6 versus 86.0. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on April 18, 2025: 55.1 out of 100, in the “Greed” zone. The previous reading, on April 17, 2025, was 52.4 (“Neutral”): the index rose by 2.7 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 5 trading days in a row. Biggest component moves: “Volatility” at 39.9 versus 33.8 and “Implied volatility” at 97.4 versus 93.6. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Kyrgyzstani som on April 18, 2025: 52.4 out of 100, in the “Moderate pressure” zone. The previous reading, on April 17, 2025, was 55.0 (“High pressure”): the indicator fell by 2.6 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 6 trading days in a row. Biggest component moves: “Currency weakening” at 41.2 versus 51.7 and “International reserves” at 18.1 versus 18.0. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on April 18, 2025: 40.8 out of 100, in the “Low pressure” zone. The previous reading, on April 17, 2025, was 50.2 (“Moderate pressure”): the indicator fell by 9.4 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 18 trading days in a row. Biggest component moves: “Exchange rate volatility” at 54.4 versus 92.1 and “Currency weakening” at 54.9 versus 54.8. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on April 17, 2025: 24.8 out of 100, in the “Calm” zone. The previous reading, on April 16, 2025, was 25.1 (“Low pressure”): the indicator fell slightly by 0.3 points and crossed the 25 boundary. The “Calm” zone covers readings from 0 to 25: there is almost no sign of pressure on the currency. Before that the indicator had stayed in the “Low pressure” zone for 44 trading days in a row. Biggest component moves: “Exchange rate volatility” at 73.9 versus 75.7 and “Currency weakening” at 0.9 versus 0.5. This describes that date's reading; it is not a forecast.

US market fear and greed index on April 17, 2025: 29.6 out of 100, in the “Fear” zone. The previous reading, on April 16, 2025, was 23.8 (“Extreme Fear”): the index rose by 5.8 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: “52-week highs and lows” at 25.0 versus 8.7 and “Junk bond demand” at 50.1 versus 38.5. This describes that date's reading; it is not a forecast.

US market fear and greed index on April 16, 2025: 23.8 out of 100, in the “Extreme Fear” zone. The previous reading, on April 15, 2025, was 30.6 (“Fear”): the index fell by 6.8 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: “Safe haven demand” at 30.5 versus 46.5 and “Market momentum” at 0.2 versus 10.2. This describes that date's reading; it is not a forecast.

Ether fear and greed index on April 15, 2025: 19.5 out of 100, in the “Extreme Fear” zone. The previous reading, on April 14, 2025, was 25.8 (“Fear”): the index fell by 6.3 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 14.1 versus 42.1 and “Implied volatility” at 22.3 versus 16.8. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on April 15, 2025: 66.5 out of 100, in the “High pressure” zone. The previous reading, on April 12, 2025, was 77.1 (“Extreme pressure”): the indicator fell sharply by 10.6 points and crossed the 75 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Extreme pressure” zone for 4 trading days in a row. Biggest component moves: “International reserves” at 21.1 versus 58.7 and “Exchange rate volatility” at 91.8 versus 96.1. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on April 14, 2025: 47.4 out of 100, in the “Neutral” zone. The previous reading, on April 11, 2025, was 44.8 (“Fear”): the index rose by 2.6 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 5 trading days in a row. Biggest component moves: “Sector volatility” at 48.5 versus 43.0 and “Sector momentum” at 52.7 versus 47.9. This describes that date's reading; it is not a forecast.

Russian metals and mining sector fear and greed index on April 14, 2025: 26.9 out of 100, in the “Fear” zone. The previous reading, on April 11, 2025, was 24.7 (“Extreme Fear”): the index rose by 2.2 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: “Sector volatility” at 27.1 versus 16.8 and “Sector momentum” at 32.6 versus 34.4. This describes that date's reading; it is not a forecast.

Ether fear and greed index on April 14, 2025: 25.8 out of 100, in the “Fear” zone. The previous reading, on April 13, 2025, was 20.6 (“Extreme Fear”): the index rose by 5.2 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 8 trading days in a row. Biggest component moves: “Implied volatility” at 16.8 versus 4.2 and “Price momentum” at 15.2 versus 9.2. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

US market fear and greed index on April 14, 2025: 30.6 out of 100, in the “Fear” zone. The previous reading, on April 11, 2025, was 24.8 (“Extreme Fear”): the index rose by 5.8 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. Before that the index had stayed in the “Extreme Fear” zone for 7 trading days in a row. Biggest component moves: “Market volatility” at 30.4 versus 8.1 and “52-week highs and lows” at 21.4 versus 12.5. This describes that date's reading; it is not a forecast.

Financial anxiety in Armenia on April 13, 2025: 37.5 out of 100, in the “Below-usual interest” zone. The previous reading, on April 6, 2025, was 59.0 (“Elevated interest”): the index fell sharply by 21.5 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. Before that the index had stayed in the “Elevated interest” zone for 3 weeks in a row. The component that moved most: “Searches about deposits” at 1.6 versus 44.6. This describes that date's reading; it is not a forecast.

Financial anxiety in Kyrgyzstan on April 13, 2025: 43.9 out of 100, in the “Below-usual interest” zone. The previous reading, on April 6, 2025, was 51.3 (“Usual interest”): the index fell by 7.4 points and crossed the 45 boundary. 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 “Usual interest” zone. Biggest component moves: “Searches about the dollar rate” at 45.8 versus 54.2 and “Searches about deposits” at 42.0 versus 48.4. This describes that date's reading; it is not a forecast.

Financial anxiety in Kazakhstan on April 13, 2025: 49.3 out of 100, in the “Usual interest” zone. The previous reading, on April 6, 2025, was 40.7 (“Below-usual interest”): the index rose by 8.6 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. 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 79.8 versus 63.8 and “Searches about devaluation” at 18.3 versus 13.1. This describes that date's reading; it is not a forecast.

Financial anxiety in Tajikistan on April 13, 2025: 83.3 out of 100, in the “Surge of interest” zone. The previous reading, on April 6, 2025, was 57.1 (“Elevated interest”): the index rose sharply by 26.2 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 deposits” at 92.0 versus 34.3 and “Searches about the dollar rate” at 74.7 versus 79.8. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on April 13, 2025: 46.8 out of 100, in the “Neutral” zone. The previous reading, on April 12, 2025, was 41.9 (“Fear”): the index rose by 4.9 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 6 trading days in a row. Biggest component moves: “Funding rate” at 56.8 versus 39.6 and “Implied volatility” at 51.9 versus 46.4. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Retail investor FOMO in Russia on April 13, 2025: 45.4 out of 100, in the “Usual interest” zone. The previous reading, on April 6, 2025, was 40.7 (“Below-usual interest”): the index rose by 4.7 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 a brokerage account” at 64.4 versus 45.8 and “Searches about buying bitcoin” at 26.6 versus 31.7. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on April 11, 2025: 44.8 out of 100, in the “Fear” zone. The previous reading, on April 10, 2025, was 33.2: the index rose sharply by 11.6 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 5 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 48.3 versus 8.0 and “Sector momentum” at 47.9 versus 40.4. This describes that date's reading; it is not a forecast.

Russian metals and mining sector fear and greed index on April 11, 2025: 24.7 out of 100, in the “Extreme Fear” zone. The previous reading, on April 10, 2025, was 25.3 (“Fear”): the index fell slightly by 0.6 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: “Sector volatility” at 16.8 versus 22.3 and “Sector momentum” at 34.4 versus 31.1. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on April 10, 2025: 33.2 out of 100, in the “Fear” zone. The previous reading, on April 9, 2025, was 44.1: the index fell sharply by 10.9 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 4 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 8.0 versus 48.1 and “Sector breadth” at 42.2 versus 45.3. This describes that date's reading; it is not a forecast.

High-yield bond market stress on April 10, 2025: 75.9 out of 100, in the “Extreme pressure” zone. The previous reading, on April 9, 2025, was 72.2 (“High pressure”): the indicator rose by 3.7 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 4 trading days in a row. Biggest component moves: “Price lag behind the market” at 69.0 versus 61.4 and “Yield spread over government bonds” at 82.8 versus 83.0. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Kyrgyzstani som on April 10, 2025: 57.7 out of 100, in the “High pressure” zone. The previous reading, on April 9, 2025, was 52.9 (“Moderate pressure”): the indicator rose by 4.8 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 15 trading days in a row. Biggest component moves: “Currency weakening” at 55.6 versus 36.6 and “International reserves” at 17.5 versus 17.4. This describes that date's reading; it is not a forecast.

Russian metals and mining sector fear and greed index on April 9, 2025: 25.3 out of 100, in the “Fear” zone. The previous reading, on April 8, 2025, was 21.5 (“Extreme Fear”): the index rose by 3.8 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: “Stock price strength” at 43.9 versus 16.0 and “Sector volatility” at 21.9 versus 37.8. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on April 9, 2025: 41.9 out of 100, in the “Fear” zone. The previous reading, on April 8, 2025, was 28.9: the index rose sharply by 13.0 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 3 trading days in a row in this zone. Biggest component moves: “Implied volatility” at 68.6 versus 36.0 and “Price momentum” at 31.4 versus 5.6. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on April 9, 2025: 78.2 out of 100, in the “Extreme pressure” zone. The previous reading, on April 8, 2025, was 73.7 (“High pressure”): the indicator rose by 4.5 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 15 trading days in a row. Biggest component moves: “Currency weakening” at 59.8 versus 48.4 and “Exchange rate volatility” at 96.3 versus 89.4. This describes that date's reading; it is not a forecast.