Indicator notes

Bitcoin fear and greed index on October 23, 2025: 36.4 out of 100, in the “Fear” zone. The previous reading, on October 22, 2025, was 23.4 (“Extreme Fear”): the index rose sharply by 13.0 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: “Funding rate” at 44.5 versus 13.3 and “Implied volatility” at 59.6 versus 44.0. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on October 23, 2025: 51.7 out of 100, in the “Moderate pressure” zone. The previous reading, on October 22, 2025, was 42.9 (“Low pressure”): the indicator rose by 8.8 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 65 trading days in a row. Biggest component moves: “Central bank policy rate” at 74.4 versus 39.4 and “Exchange rate volatility” at 49.1 versus 49.0. This describes that date's reading; it is not a forecast.

Russian IT and telecom sector fear and greed index on October 22, 2025: 24.1 out of 100, in the “Extreme Fear” zone. The previous reading, on October 21, 2025, was 33.7 (“Fear”): the index fell by 9.6 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 4 trading days in a row. Biggest component moves: “Stock price strength” at 22.0 versus 56.1 and “Sector momentum” at 34.4 versus 40.6. This describes that date's reading; it is not a forecast.

Russian oil and gas sector fear and greed index on October 22, 2025: 11.7 out of 100, in the “Extreme Fear” zone. The previous reading, on October 21, 2025, was 23.2: the index fell sharply by 11.5 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 2 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 17.0 versus 53.3 and “Sector momentum” at 23.9 versus 33.4. This describes that date's reading; it is not a forecast.

Russian market fear and greed index on October 21, 2025: 43.2 out of 100, in the “Fear” zone. The previous reading, on October 20, 2025, was 50.2 (“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 3 trading days in a row. Biggest component moves: “Safe haven demand” at 38.8 versus 61.8 and “Market momentum” at 29.3 versus 45.9. This describes that date's reading; it is not a forecast.

Russian chemicals and fertilizers sector fear and greed index on October 21, 2025: 50.6 out of 100, in the “Neutral” zone. The previous reading, on October 20, 2025, was 61.3 (“Greed”): the index fell sharply by 10.7 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 58.0 versus 97.9 and “Sector breadth” at 56.1 versus 57.8. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on October 21, 2025: 22.7 out of 100, in the “Extreme Fear” zone. The previous reading, on October 20, 2025, was 25.7 (“Fear”): the index fell by 3.0 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: “Sector momentum” at 39.2 versus 52.1 and “Sector breadth” at 1.7 versus 1.1. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on October 21, 2025: 23.5 out of 100, in the “Extreme Fear” zone. The previous reading, on October 20, 2025, was 25.6 (“Fear”): the index fell by 2.1 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: “Sector momentum” at 27.9 versus 36.6 and “Sector breadth” at 4.1 versus 3.7. This describes that date's reading; it is not a forecast.

Russian oil and gas sector fear and greed index on October 21, 2025: 23.2 out of 100, in the “Extreme Fear” zone. The previous reading, on October 20, 2025, was 26.0 (“Fear”): the index fell by 2.8 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: “Sector momentum” at 33.4 versus 45.1 and “Sector breadth” at 1.9 versus 1.5. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on October 21, 2025: 21.6 out of 100, in the “Extreme Fear” zone. The previous reading, on October 20, 2025, was 26.3 (“Fear”): the index fell by 4.7 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: “Implied volatility” at 47.5 versus 56.8 and “Price momentum” at 12.2 versus 18.5. 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 October 20, 2025: 61.3 out of 100, in the “Greed” zone. The previous reading, on October 17, 2025, was 49.8 (“Neutral”): the index rose sharply by 11.5 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 3 trading days in a row. Biggest component moves: “Stock price strength” at 97.9 versus 58.1 and “Sector breadth” at 57.8 versus 53.7. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on October 20, 2025: 25.7 out of 100, in the “Fear” zone. The previous reading, on October 17, 2025, was 24.3 (“Extreme Fear”): the index rose slightly by 1.4 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: “Sector momentum” at 52.1 versus 47.3 and “Sector breadth” at 1.1 versus 0.3. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on October 20, 2025: 25.6 out of 100, in the “Fear” zone. The previous reading, on October 17, 2025, was 24.0 (“Extreme Fear”): the index rose slightly by 1.6 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: “Sector momentum” at 36.6 versus 31.3 and “Sector breadth” at 3.7 versus 2.7. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on October 20, 2025: 26.3 out of 100, in the “Fear” zone. The previous reading, on October 19, 2025, was 24.7 (“Extreme Fear”): the index rose slightly by 1.6 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: “Implied volatility” at 56.8 versus 49.5 and “Funding rate” at 4.8 versus 11.1. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

US market fear and greed index on October 20, 2025: 57.7 out of 100, in the “Greed” zone. The previous reading, on October 17, 2025, was 52.7 (“Neutral”): the index rose by 5.0 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 2 trading days in a row. Biggest component moves: “52-week highs and lows” at 66.7 versus 40.0 and “Market volatility” at 72.6 versus 64.1. This describes that date's reading; it is not a forecast.

Financial anxiety in Armenia on October 19, 2025: 52.9 out of 100, in the “Usual interest” zone. The previous reading, on October 12, 2025, was 82.1 (“Surge of interest”): the index fell sharply by 29.2 points and crossed the 75 and 55 boundaries. 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 “Surge of interest” zone for 4 weeks in a row. Biggest component moves: “Searches about deposits” at 45.2 versus 99.0 and “Searches about the dollar rate” at 60.6 versus 65.1. This describes that date's reading; it is not a forecast.

Financial anxiety in Kyrgyzstan on October 19, 2025: 78.8 out of 100, in the “Surge of interest” zone. The previous reading, on October 12, 2025, was 61.9 (“Elevated interest”): the index rose sharply by 16.9 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 82.4 versus 51.6 and “Searches about the dollar rate” at 75.3 versus 72.1. This describes that date's reading; it is not a forecast.

Financial anxiety in Kazakhstan on October 19, 2025: 77.7 out of 100, in the “Surge of interest” zone. The previous reading, on October 12, 2025, was 52.2 (“Usual interest”): the index rose sharply by 25.5 points and crossed the 55 and 75 boundaries. 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 “Usual interest” zone. Biggest component moves: “Searches about devaluation” at 71.5 versus 26.0 and “Searches about deposits” at 67.6 versus 38.8. This describes that date's reading; it is not a forecast.

Retail investor FOMO in Russia on October 19, 2025: 92.0 out of 100, in the “Surge of interest” zone. The previous reading, on October 12, 2025, was 71.3 (“Elevated interest”): the index rose sharply by 20.7 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 buying shares” at 93.3 versus 61.9 and “Searches about a brokerage account” at 99.0 versus 77.2. This describes that date's reading; it is not a forecast.

Russian oil and gas sector fear and greed index on October 17, 2025: 25.1 out of 100, in the “Fear” zone. The previous reading, on October 16, 2025, was 24.0 (“Extreme Fear”): the index rose slightly by 1.1 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. Before that the index had stayed in the “Extreme Fear” zone for 7 trading days in a row. Biggest component moves: “Sector momentum” at 43.4 versus 40.2 and “Sector volatility” at 3.7 versus 2.7. This describes that date's reading; it is not a forecast.

Russian market fear and greed index on October 16, 2025: 47.0 out of 100, in the “Neutral” zone. The previous reading, on October 15, 2025, was 34.3 (“Fear”): the index rose sharply by 12.7 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 4 trading days in a row. Biggest component moves: “Stock price strength” at 47.8 versus 3.5 and “Market volatility” at 73.1 versus 43.8. This describes that date's reading; it is not a forecast.

Russian consumer sector fear and greed index on October 16, 2025: 18.6 out of 100, in the “Extreme Fear” zone. The previous reading, on October 15, 2025, was 4.4: the index rose sharply by 14.2 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 15 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 54.0 versus 2.8 and “Sector momentum” at 19.9 versus 7.6. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on October 16, 2025: 24.1 out of 100, in the “Extreme Fear” zone. The previous reading, on October 15, 2025, was 11.5: the index rose sharply by 12.6 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: “Stock price strength” at 49.3 versus 13.9 and “Sector momentum” at 46.7 versus 31.8. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on October 16, 2025: 18.8 out of 100, in the “Extreme Fear” zone. The previous reading, on October 15, 2025, was 8.5: the index rose sharply by 10.3 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 8 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 47.7 versus 17.2 and “Sector momentum” at 24.9 versus 7.4. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on October 16, 2025: 24.1 out of 100, in the “Extreme Fear” zone. The previous reading, on October 15, 2025, was 9.1: the index rose sharply by 15.0 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: “Stock price strength” at 58.4 versus 2.6 and “Sector momentum” at 31.8 versus 15.4. This describes that date's reading; it is not a forecast.

Russian IT and telecom sector fear and greed index on October 16, 2025: 30.4 out of 100, in the “Fear” zone. The previous reading, on October 15, 2025, was 13.3 (“Extreme Fear”): the index rose sharply by 17.1 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. Before that the index had stayed in the “Extreme Fear” zone for 2 trading days in a row. Biggest component moves: “Stock price strength” at 56.1 versus 5.6 and “Sector momentum” at 38.4 versus 16.8. This describes that date's reading; it is not a forecast.

Russian metals and mining sector fear and greed index on October 16, 2025: 37.2 out of 100, in the “Fear” zone. The previous reading, on October 15, 2025, was 24.4 (“Extreme Fear”): the index rose sharply by 12.8 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 2 trading days in a row. Biggest component moves: “Stock price strength” at 53.4 versus 5.6 and “Sector momentum” at 50.5 versus 31.8. This describes that date's reading; it is not a forecast.

Russian oil and gas sector fear and greed index on October 16, 2025: 24.0 out of 100, in the “Extreme Fear” zone. The previous reading, on October 15, 2025, was 10.9: the index rose sharply by 13.1 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: “Stock price strength” at 53.0 versus 3.3 and “Sector momentum” at 40.2 versus 11.0. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on October 16, 2025: 23.2 out of 100, in the “Extreme Fear” zone. The previous reading, on October 15, 2025, was 26.6 (“Fear”): the index fell by 3.4 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 6 trading days in a row. Biggest component moves: “Price momentum” at 11.1 versus 17.9 and “Funding rate” at 1.5 versus 5.3. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Serbian dinar on October 16, 2025: 43.4 out of 100, in the “Low pressure” zone. The previous reading, on October 15, 2025, was 47.3 (“Moderate pressure”): the indicator fell by 3.9 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 13 trading days in a row. Biggest component moves: “Exchange rate volatility” at 32.5 versus 42.4 and “Currency weakening” at 54.3 versus 60.4. This describes that date's reading; it is not a forecast.