Indicator notes

Russian IT and telecom sector fear and greed index on June 24, 2025: 41.0 out of 100, in the “Fear” zone. The previous reading, on June 23, 2025, was 30.4: the index rose sharply by 10.6 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 20 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 48.5 versus 17.3 and “Sector momentum” at 33.4 versus 23.1. This describes that date's reading; it is not a forecast.

Ether fear and greed index on June 24, 2025: 47.1 out of 100, in the “Neutral” zone. The previous reading, on June 23, 2025, was 43.6 (“Fear”): the index rose by 3.5 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 3 trading days in a row. Biggest component moves: “Implied volatility” at 35.8 versus 30.0 and “Funding rate” at 16.6 versus 11.6. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Uzbekistani sum on June 24, 2025: 36.8 out of 100, in the “Low pressure” zone. The previous reading, on June 21, 2025, was 47.7 (“Moderate pressure”): the indicator fell sharply by 10.9 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 23 trading days in a row. Biggest component moves: “Central bank policy rate” at 50.9 versus 94.1 and “Exchange rate volatility” at 94.9 versus 95.3. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on June 23, 2025: 29.8 out of 100, in the “Fear” zone. The previous reading, on June 20, 2025, was 52.1 (“Neutral”): the index fell sharply by 22.3 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 4 trading days in a row. Biggest component moves: “Stock price strength” at 10.0 versus 95.0 and “Sector momentum” at 32.4 versus 35.2. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on June 23, 2025: 43.1 out of 100, in the “Fear” zone. The previous reading, on June 20, 2025, was 57.2 (“Greed”): the index fell sharply by 14.1 points and crossed the 55 and 45 boundaries. 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 “Greed” zone for 14 trading days in a row. Biggest component moves: “Stock price strength” at 9.1 versus 51.3 and “Sector volatility” at 62.6 versus 71.5. This describes that date's reading; it is not a forecast.

Financial anxiety in Armenia on June 22, 2025: 52.2 out of 100, in the “Usual interest” zone. The previous reading, on June 15, 2025, was 60.9 (“Elevated interest”): the index fell by 8.7 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. Before that the index had stayed in the “Elevated interest” zone for 3 weeks in a row. Biggest component moves: “Searches about deposits” at 44.6 versus 65.1 and “Searches about the dollar rate” at 59.9 versus 56.7. This describes that date's reading; it is not a forecast.

Financial anxiety in Belarus on June 22, 2025: 51.0 out of 100, in the “Usual interest” zone. The previous reading, on June 15, 2025, was 23.0 (“Quiet”): the index rose sharply by 28.0 points and crossed the 25 and 45 boundaries. 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 “Quiet” zone. Biggest component moves: “Searches about deposits” at 63.8 versus 17.0 and “Searches about devaluation” at 44.6 versus 15.7. This describes that date's reading; it is not a forecast.

Financial anxiety in Kazakhstan on June 22, 2025: 29.4 out of 100, in the “Below-usual interest” zone. The previous reading, on June 15, 2025, was 21.9 (“Quiet”): the index rose by 7.5 points and crossed the 25 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 “Quiet” zone. Biggest component moves: “Searches about the dollar rate” at 54.2 versus 40.7 and “Searches about devaluation” at 19.6 versus 11.2. This describes that date's reading; it is not a forecast.

Financial anxiety in Russia on June 22, 2025: 38.6 out of 100, in the “Below-usual interest” zone. The previous reading, on June 15, 2025, was 51.4 (“Usual interest”): the index fell sharply by 12.8 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 31.1 versus 55.4 and “Searches about the dollar rate” at 58.7 versus 71.5. This describes that date's reading; it is not a forecast.

Retail investor FOMO in Russia on June 22, 2025: 33.7 out of 100, in the “Below-usual interest” zone. The previous reading, on June 15, 2025, was 50.7 (“Usual interest”): the index fell sharply by 17.0 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 a brokerage account” at 26.0 versus 61.2 and “Searches about buying shares” at 29.8 versus 44.6. This describes that date's reading; it is not a forecast.

Ether fear and greed index on June 21, 2025: 37.7 out of 100, in the “Fear” zone. The previous reading, on June 20, 2025, was 55.0 (“Greed”): the index fell sharply by 17.3 points and crossed the 55 and 45 boundaries. 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 “Greed” zone for 2 trading days in a row. Biggest component moves: “Funding rate” at 7.8 versus 51.9 and “Price momentum” at 40.7 versus 55.5. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Russian market fear and greed index on June 20, 2025: 44.5 out of 100, in the “Fear” zone. The previous reading, on June 19, 2025, was 46.6 (“Neutral”): the index fell by 2.1 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: “Put and call options” at 77.1 versus 86.4 and “Safe haven demand” at 14.4 versus 18.2. This describes that date's reading; it is not a forecast.

Russian chemicals and fertilizers sector fear and greed index on June 20, 2025: 56.4 out of 100, in the “Greed” zone. The previous reading, on June 19, 2025, was 54.4 (“Neutral”): the index rose by 2.0 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 7 trading days in a row. Biggest component moves: “Sector breadth” at 76.7 versus 73.7 and “Sector volatility” at 60.2 versus 57.4. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on June 20, 2025: 42.9 out of 100, in the “Fear” zone. The previous reading, on June 19, 2025, was 49.9 (“Neutral”): the index fell by 7.0 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 13 trading days in a row. Biggest component moves: “Stock price strength” at 15.7 versus 41.1 and “Sector momentum” at 30.3 versus 31.6. This describes that date's reading; it is not a forecast.

Ether fear and greed index on June 19, 2025: 56.2 out of 100, in the “Greed” zone. The previous reading, on June 18, 2025, was 52.2 (“Neutral”): the index rose by 4.0 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: “Implied volatility” at 26.2 versus 8.9 and “Price momentum” at 70.0 versus 71.6. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Russian market fear and greed index on June 17, 2025: 49.7 out of 100, in the “Neutral” zone. The previous reading, on June 16, 2025, was 41.3 (“Fear”): the index rose by 8.4 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: “Stock price strength” at 48.6 versus 10.8 and “Credit risk appetite” at 27.7 versus 18.4. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on June 17, 2025: 51.9 out of 100, in the “Neutral” zone. The previous reading, on June 16, 2025, was 39.0 (“Fear”): the index rose sharply by 12.9 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 95.3 versus 46.3 and “Sector momentum” at 35.6 versus 33.0. This describes that date's reading; it is not a forecast.

Russian IT and telecom sector fear and greed index on June 17, 2025: 39.3 out of 100, in the “Fear” zone. The previous reading, on June 16, 2025, was 28.2: the index rose sharply by 11.1 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 15 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 48.2 versus 5.2 and “Sector volatility” at 55.1 versus 61.0. This describes that date's reading; it is not a forecast.

High-yield bond market stress on June 17, 2025: 80.5 out of 100, in the “Extreme pressure” zone. The previous reading, on June 16, 2025, was 74.5 (“High pressure”): the indicator rose by 6.0 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 86.6 versus 73.4 and “Yield spread over government bonds” at 74.4 versus 75.6. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on June 17, 2025: 41.1 out of 100, in the “Low pressure” zone. The previous reading, on June 12, 2025, was 47.3 (“Moderate pressure”): the indicator fell by 6.2 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 21 trading days in a row. Biggest component moves: “International reserves” at 0.1 versus 25.8 and “Currency weakening” at 13.2 versus 9.6. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on June 17, 2025: 61.2 out of 100, in the “High pressure” zone. The previous reading, on June 12, 2025, was 52.0 (“Moderate pressure”): the indicator rose by 9.2 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 8 trading days in a row. Biggest component moves: “International reserves” at 95.7 versus 67.0 and “Exchange rate volatility” at 45.0 versus 38.9. This describes that date's reading; it is not a forecast.

Russian market fear and greed index on June 16, 2025: 41.3 out of 100, in the “Fear” zone. The previous reading, on June 13, 2025, was 46.6 (“Neutral”): the index fell by 5.3 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. The index spent a single trading day in the “Neutral” zone. Biggest component moves: “Stock price strength” at 10.8 versus 48.3 and “Credit risk appetite” at 18.4 versus 15.6. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on June 16, 2025: 39.0 out of 100, in the “Fear” zone. The previous reading, on June 13, 2025, was 50.3 (“Neutral”): the index fell sharply by 11.3 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. The index spent a single trading day in the “Neutral” zone. Biggest component moves: “Stock price strength” at 46.3 versus 88.2 and “Sector breadth” at 20.1 versus 22.7. This describes that date's reading; it is not a forecast.

Russian IT and telecom sector fear and greed index on June 16, 2025: 28.2 out of 100, in the “Fear” zone. The previous reading, on June 13, 2025, was 39.1: 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 14 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 5.2 versus 48.1 and “Sector breadth” at 23.7 versus 24.9. This describes that date's reading; it is not a forecast.

Financial anxiety in Belarus on June 15, 2025: 23.0 out of 100, in the “Quiet” zone. The previous reading, on June 8, 2025, was 46.0 (“Usual interest”): the index fell sharply by 23.0 points and crossed the 45 and 25 boundaries. The “Quiet” zone covers readings from 0 to 25: searches on the topic are well below 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 17.0 versus 54.2 and “Searches about devaluation” at 15.7 versus 34.9. This describes that date's reading; it is not a forecast.

Financial anxiety in Kazakhstan on June 15, 2025: 21.9 out of 100, in the “Quiet” zone. The previous reading, on June 8, 2025, was 27.5 (“Below-usual interest”): the index fell by 5.6 points and crossed the 25 boundary. The “Quiet” zone covers readings from 0 to 25: searches on the topic are well below usual. 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 13.8 versus 22.8 and “Searches about the dollar rate” at 40.7 versus 45.2. This describes that date's reading; it is not a forecast.

Financial anxiety in Russia on June 15, 2025: 51.4 out of 100, in the “Usual interest” zone. The previous reading, on June 8, 2025, was 65.5 (“Elevated interest”): the index fell sharply by 14.1 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 10 weeks in a row. Biggest component moves: “Searches about devaluation” at 27.2 versus 61.9 and “Searches about deposits” at 55.4 versus 62.5. This describes that date's reading; it is not a forecast.

Financial anxiety in Tajikistan on June 15, 2025: 74.7 out of 100, in the “Elevated interest” zone. The previous reading, on June 8, 2025, was 80.8 (“Surge of interest”): the index fell by 6.1 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 75.3 versus 82.4 and “Searches about the dollar rate” at 74.0 versus 79.2. This describes that date's reading; it is not a forecast.

Retail investor FOMO in Russia on June 15, 2025: 50.7 out of 100, in the “Usual interest” zone. The previous reading, on June 8, 2025, was 55.7 (“Elevated interest”): the index fell by 5.0 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 3 weeks in a row. Biggest component moves: “Searches about buying bitcoin” at 46.5 versus 70.8 and “Searches about a brokerage account” at 61.2 versus 50.3. This describes that date's reading; it is not a forecast.

Russian market fear and greed index on June 13, 2025: 46.6 out of 100, in the “Neutral” zone. The previous reading, on June 11, 2025, was 40.6 (“Fear”): the index rose by 6.0 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: “Stock price strength” at 48.3 versus 22.7 and “Safe haven demand” at 7.6 versus 1.1. This describes that date's reading; it is not a forecast.