Indicator notes

Pressure on the Azerbaijani manat on June 4, 2025: 59.0 out of 100, in the “High pressure” zone. The previous reading, on June 3, 2025, was 54.4 (“Moderate pressure”): the indicator rose by 4.6 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 19 trading days in a row. Biggest component moves: “International reserves” at 74.7 versus 56.6 and “Central bank policy rate” at 63.1 versus 63.0. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on June 3, 2025: 51.9 out of 100, in the “Neutral” zone. The previous reading, on June 2, 2025, was 31.7 (“Fear”): the index rose sharply by 20.2 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: “Stock price strength” at 92.0 versus 9.7 and “Sector volatility” at 59.2 versus 69.3. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on June 3, 2025: 54.4 out of 100, in the “Moderate pressure” zone. The previous reading, on May 31, 2025, was 55.8 (“High pressure”): the indicator fell slightly by 1.4 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 8 trading days in a row. Biggest component moves: “Exchange rate volatility” at 46.5 versus 51.9 and “Currency weakening” at 52.3 versus 52.4. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on June 2, 2025: 47.7 out of 100, in the “Neutral” zone. The previous reading, on May 30, 2025, was 44.5 (“Fear”): the index rose by 3.2 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 7 trading days in a row. Biggest component moves: “Sector volatility” at 72.9 versus 60.0 and “Sector momentum” at 41.6 versus 41.4. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on June 2, 2025: 56.7 out of 100, in the “Greed” zone. The previous reading, on May 30, 2025, was 52.6 (“Neutral”): the index rose by 4.1 points and crossed the 55 boundary. The “Greed” zone covers readings from 55 to 75: appetite for risk is above normal and buying dominates. Before that the index had stayed in the “Neutral” zone for 3 trading days in a row. Biggest component moves: “Sector volatility” at 69.9 versus 59.2 and “Sector momentum” at 51.1 versus 47.7. This describes that date's reading; it is not a forecast.

Ether fear and greed index on June 2, 2025: 46.6 out of 100, in the “Neutral” zone. The previous reading, on June 1, 2025, was 42.8 (“Fear”): the index rose by 3.8 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 2 trading days in a row. Biggest component moves: “Implied volatility” at 30.0 versus 18.8 and “Price momentum” at 87.0 versus 85.1. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

US market fear and greed index on June 2, 2025: 67.4 out of 100, in the “Greed” zone. The previous reading, on May 30, 2025, was 55.8: the index rose sharply by 11.6 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 15 trading days in a row in this zone. Biggest component moves: “52-week highs and lows” at 100.0 versus 16.7 and “Junk bond demand” at 61.1 versus 67.7. This describes that date's reading; it is not a forecast.

Financial anxiety in Armenia on June 1, 2025: 59.9 out of 100, in the “Elevated interest” zone. The previous reading, on May 25, 2025, was 49.4 (“Usual interest”): the index rose sharply by 10.5 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 2 weeks in a row. Biggest component moves: “Searches about deposits” at 51.0 versus 35.6 and “Searches about the dollar rate” at 68.9 versus 63.1. This describes that date's reading; it is not a forecast.

Financial anxiety in Belarus on June 1, 2025: 49.0 out of 100, in the “Usual interest” zone. The previous reading, on May 25, 2025, was 58.9 (“Elevated interest”): the index fell by 9.9 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 38.1 versus 58.0 and “Searches about the dollar rate” at 44.6 versus 52.2. This describes that date's reading; it is not a forecast.

Financial anxiety in Georgia on June 1, 2025: 29.5 out of 100, in the “Below-usual interest” zone. The previous reading, on May 25, 2025, was 42.0: the index fell sharply by 12.5 points. That meets our shift threshold of 10 points; the zone did not change. The “Below-usual interest” zone covers readings from 25 to 45: searches on the topic are below usual. The index has now spent 4 weeks in a row in this zone. Biggest component moves: “Searches about deposits” at 4.8 versus 36.2 and “Searches about the dollar rate” at 54.2 versus 47.8. This describes that date's reading; it is not a forecast.

Financial anxiety in Kyrgyzstan on June 1, 2025: 53.2 out of 100, in the “Usual interest” zone. The previous reading, on May 25, 2025, was 69.9 (“Elevated interest”): the index fell sharply by 16.7 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 63.1 versus 86.2 and “Searches about the dollar rate” at 43.3 versus 53.5. This describes that date's reading; it is not a forecast.

Financial anxiety in Kazakhstan on June 1, 2025: 25.7 out of 100, in the “Below-usual interest” zone. The previous reading, on May 25, 2025, was 46.9 (“Usual interest”): the index fell sharply by 21.2 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 deposits” at 23.4 versus 67.0 and “Searches about devaluation” at 11.2 versus 24.7. This describes that date's reading; it is not a forecast.

Financial anxiety in Russia on June 1, 2025: 63.1 out of 100, in the “Elevated interest” zone. The previous reading, on May 25, 2025, was 74.7: the index fell sharply by 11.6 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 9 weeks in a row in this zone. Biggest component moves: “Searches about devaluation” at 59.3 versus 86.2 and “Searches about deposits” at 63.1 versus 70.8. This describes that date's reading; it is not a forecast.

Financial anxiety in Tajikistan on June 1, 2025: 60.3 out of 100, in the “Elevated interest” zone. The previous reading, on May 25, 2025, was 73.4: the index fell sharply by 13.1 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 3 weeks in a row in this zone. Biggest component moves: “Searches about deposits” at 54.8 versus 79.2 and “Searches about the dollar rate” at 65.7 versus 67.6. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on June 1, 2025: 67.2 out of 100, in the “Greed” zone. The previous reading, on May 31, 2025, was 75.0 (“Extreme Greed”): the index fell by 7.8 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: “Funding rate” at 20.1 versus 54.9 and “Price momentum” at 70.3 versus 67.5. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on May 31, 2025: 75.0 out of 100, in the “Extreme Greed” zone. The previous reading, on May 30, 2025, was 71.4 (“Greed”): the index rose by 3.6 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 3 trading days in a row. Biggest component moves: “Funding rate” at 54.9 versus 39.9 and “Implied volatility” at 92.5 versus 97.9. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on May 31, 2025: 42.2 out of 100, in the “Fear” zone. The previous reading, on May 30, 2025, was 48.8 (“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 2 trading days in a row. Biggest component moves: “Funding rate” at 36.0 versus 56.6 and “Implied volatility” at 17.7 versus 22.6. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on May 31, 2025: 53.7 out of 100, in the “Moderate pressure” zone. The previous reading, on May 30, 2025, was 55.0 (“High pressure”): the indicator fell slightly by 1.3 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: “Currency weakening” at 37.2 versus 46.7 and “Exchange rate volatility” at 66.4 versus 62.2. This describes that date's reading; it is not a forecast.

Russian chemicals and fertilizers sector fear and greed index on May 30, 2025: 55.3 out of 100, in the “Greed” zone. The previous reading, on May 29, 2025, was 53.9 (“Neutral”): the index rose slightly by 1.4 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 4 trading days in a row. Biggest component moves: “Sector momentum” at 39.8 versus 36.0 and “Sector breadth” at 79.7 versus 78.1. This describes that date's reading; it is not a forecast.

Pressure on the Kyrgyzstani som on May 30, 2025: 42.7 out of 100, in the “Low pressure” zone. The previous reading, on May 29, 2025, was 46.3 (“Moderate pressure”): the indicator fell by 3.6 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. The indicator spent a single trading day in the “Moderate pressure” zone. Biggest component moves: “Exchange rate volatility” at 0.1 versus 14.0 and “Currency weakening” at 35.9 versus 36.5. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on May 30, 2025: 55.0 out of 100, in the “High pressure” zone. The previous reading, on May 29, 2025, was 54.8 (“Moderate pressure”): the indicator rose slightly by 0.2 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 6 trading days in a row. Biggest component moves: “Currency weakening” at 46.7 versus 45.9 and “Exchange rate volatility” at 62.2 versus 62.1. This describes that date's reading; it is not a forecast.

High-yield bond market stress on May 29, 2025: 75.6 out of 100, in the “Extreme pressure” zone. The previous reading, on May 28, 2025, was 73.5 (“High pressure”): the indicator rose by 2.1 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. The indicator spent a single trading day in the “High pressure” zone. The component that moved most: “Price lag behind the market” at 77.0 versus 72.7. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on May 29, 2025: 51.8 out of 100, in the “Neutral” zone. The previous reading, on May 28, 2025, was 59.8 (“Greed”): the index fell by 8.0 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: “Implied volatility” at 15.5 versus 30.0 and “Funding rate” at 66.7 versus 79.0. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Kyrgyzstani som on May 29, 2025: 46.3 out of 100, in the “Moderate pressure” zone. The previous reading, on May 28, 2025, was 55.9 (“High pressure”): the indicator fell by 9.6 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 15 trading days in a row. Biggest component moves: “Exchange rate volatility” at 14.0 versus 51.0 and “Currency weakening” at 36.5 versus 37.5. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on May 28, 2025: 38.6 out of 100, in the “Fear” zone. The previous reading, on May 27, 2025, was 28.1: the index rose sharply by 10.5 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 3 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 45.4 versus 4.7 and “Sector momentum” at 37.2 versus 34.6. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on May 28, 2025: 50.9 out of 100, in the “Neutral” zone. The previous reading, on May 27, 2025, was 40.5 (“Fear”): the index rose sharply by 10.4 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 2 trading days in a row. Biggest component moves: “Stock price strength” at 50.3 versus 9.0 and “Sector volatility” at 53.7 versus 65.4. This describes that date's reading; it is not a forecast.

High-yield bond market stress on May 28, 2025: 73.5 out of 100, in the “High pressure” zone. The previous reading, on May 27, 2025, was 75.8 (“Extreme pressure”): the indicator fell by 2.3 points and crossed the 75 boundary. The “High pressure” zone covers readings from 55 to 75: stress in the high-yield bond market is clearly above usual. Before that the indicator had stayed in the “Extreme pressure” zone for 3 trading days in a row. Biggest component moves: “Price lag behind the market” at 72.7 versus 75.7 and “Yield spread over government bonds” at 74.3 versus 75.9. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on May 28, 2025: 73.6 out of 100, in the “Greed” zone. The previous reading, on May 27, 2025, was 78.0 (“Extreme Greed”): the index fell by 4.4 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 10 trading days in a row. Biggest component moves: “Funding rate” at 31.9 versus 47.8 and “Implied volatility” at 94.9 versus 91.1. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on May 28, 2025: 59.8 out of 100, in the “Greed” zone. The previous reading, on May 27, 2025, was 53.9 (“Neutral”): the index rose by 5.9 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 6 trading days in a row. Biggest component moves: “Funding rate” at 79.0 versus 59.6 and “Implied volatility” at 30.0 versus 25.6. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Russian IT and telecom sector fear and greed index on May 27, 2025: 28.0 out of 100, in the “Fear” zone. The previous reading, on May 26, 2025, was 24.9 (“Extreme Fear”): the index rose by 3.1 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 16.8 versus 5.1 and “Sector momentum” at 23.3 versus 17.6. This describes that date's reading; it is not a forecast.