Indicator notes

Bitcoin fear and greed index on November 11, 2025: 27.8 out of 100, in the “Fear” zone. The previous reading, on November 10, 2025, was 43.2: the index fell sharply by 15.4 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 9 trading days in a row in this zone. Biggest component moves: “Funding rate” at 16.8 versus 62.6 and “Implied volatility” at 48.9 versus 60.1. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on November 11, 2025: 30.8 out of 100, in the “Fear” zone. The previous reading, on November 10, 2025, was 43.2: the index fell sharply by 12.4 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 9 trading days in a row in this zone. Biggest component moves: “Funding rate” at 15.8 versus 62.1 and “Volatility” at 81.5 versus 67.0. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Serbian dinar on November 11, 2025: 43.5 out of 100, in the “Low pressure” zone. The previous reading, on November 8, 2025, was 45.9 (“Moderate pressure”): the indicator fell by 2.4 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 3 trading days in a row. Biggest component moves: “Exchange rate volatility” at 16.6 versus 22.1 and “Currency weakening” at 70.4 versus 74.1. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on November 11, 2025: 44.6 out of 100, in the “Low pressure” zone. The previous reading, on November 8, 2025, was 45.1 (“Moderate pressure”): the indicator fell slightly by 0.5 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 67.8 versus 69.9 and “Exchange rate volatility” at 74.3 versus 74.2. This describes that date's reading; it is not a forecast.

Russian chemicals and fertilizers sector fear and greed index on November 10, 2025: 34.2 out of 100, in the “Fear” zone. The previous reading, on November 7, 2025, was 50.8 (“Neutral”): the index fell sharply by 16.6 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 7 trading days in a row. Biggest component moves: “Stock price strength” at 8.8 versus 59.0 and “Sector momentum” at 53.3 versus 67.2. This describes that date's reading; it is not a forecast.

Russian consumer sector fear and greed index on November 10, 2025: 24.1 out of 100, in the “Extreme Fear” zone. The previous reading, on November 7, 2025, was 28.4 (“Fear”): the index fell by 4.3 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: “Stock price strength” at 28.0 versus 54.6 and “Sector breadth” at 24.9 versus 17.4. This describes that date's reading; it is not a forecast.

Russian IT and telecom sector fear and greed index on November 10, 2025: 53.7 out of 100, in the “Neutral” zone. The previous reading, on November 7, 2025, was 44.8 (“Fear”): the index rose by 8.9 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 7 trading days in a row. Biggest component moves: “Stock price strength” at 87.8 versus 56.9 and “Sector breadth” at 61.0 versus 58.6. This describes that date's reading; it is not a forecast.

Financial anxiety in Belarus on November 9, 2025: 37.1 out of 100, in the “Below-usual interest” zone. The previous reading, on November 2, 2025, was 52.5 (“Usual interest”): the index fell sharply by 15.4 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 devaluation” at 24.0 versus 67.0 and “Searches about deposits” at 64.4 versus 67.6. This describes that date's reading; it is not a forecast.

Financial anxiety in Georgia on November 9, 2025: 76.0 out of 100, in the “Surge of interest” zone. The previous reading, on November 2, 2025, was 65.7 (“Elevated interest”): the index rose sharply by 10.3 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 2 weeks in a row. Biggest component moves: “Searches about deposits” at 90.1 versus 64.4 and “Searches about the dollar rate” at 61.9 versus 67.0. This describes that date's reading; it is not a forecast.

Financial anxiety in Kyrgyzstan on November 9, 2025: 77.2 out of 100, in the “Surge of interest” zone. The previous reading, on November 2, 2025, was 70.8 (“Elevated interest”): the index rose by 6.4 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 the dollar rate” at 59.3 versus 49.7 and “Searches about deposits” at 95.2 versus 92.0. This describes that date's reading; it is not a forecast.

Financial anxiety in Russia on November 9, 2025: 41.6 out of 100, in the “Below-usual interest” zone. The previous reading, on November 2, 2025, was 51.2 (“Usual interest”): the index fell by 9.6 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 devaluation” at 27.2 versus 58.7 and “Searches about the dollar rate” at 37.5 versus 34.3. This describes that date's reading; it is not a forecast.

Russian market fear and greed index on November 7, 2025: 38.8 out of 100, in the “Fear” zone. The previous reading, on November 6, 2025, was 27.3: the index rose sharply by 11.5 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 14 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 59.7 versus 31.3 and “Safe haven demand” at 40.6 versus 15.2. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on November 7, 2025: 26.6 out of 100, in the “Fear” zone. The previous reading, on November 6, 2025, was 24.8 (“Extreme Fear”): the index rose slightly by 1.8 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 23 trading days in a row. Biggest component moves: “Sector momentum” at 26.3 versus 23.3 and “Sector volatility” at 12.4 versus 9.8. This describes that date's reading; it is not a forecast.

Russian metals and mining sector fear and greed index on November 7, 2025: 34.8 out of 100, in the “Fear” zone. The previous reading, on November 6, 2025, was 24.3 (“Extreme Fear”): the index rose sharply by 10.5 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 6 trading days in a row. Biggest component moves: “Stock price strength” at 55.5 versus 22.2 and “Sector momentum” at 38.2 versus 34.2. This describes that date's reading; it is not a forecast.

High-yield bond market stress on November 7, 2025: 48.3 out of 100, in the “Moderate pressure” zone. The previous reading, on November 6, 2025, was 40.9 (“Low pressure”): the indicator rose by 7.4 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: stress in the high-yield bond market is close to what is usual for its history. The indicator spent a single trading day in the “Low pressure” zone. Biggest component moves: “Yield spread over government bonds” at 93.0 versus 78.4 and “Price lag behind the market” at 3.7 versus 3.5. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on November 7, 2025: 45.4 out of 100, in the “Moderate pressure” zone. The previous reading, on November 6, 2025, was 43.7 (“Low pressure”): the indicator rose slightly by 1.7 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 21 trading days in a row. Biggest component moves: “International reserves” at 22.3 versus 17.5 and “Currency weakening” at 71.3 versus 69.5. This describes that date's reading; it is not a forecast.

US market fear and greed index on November 7, 2025: 62.9 out of 100, in the “Greed” zone. The previous reading, on November 6, 2025, was 50.2 (“Neutral”): the index rose sharply by 12.7 points and crossed the 55 boundary. The “Greed” zone covers readings from 55 to 75: appetite for risk is above normal and buying dominates. The index spent a single trading day in the “Neutral” zone. Biggest component moves: “52-week highs and lows” at 53.8 versus 10.5 and “Safe haven demand” at 69.2 versus 45.7. This describes that date's reading; it is not a forecast.

Russian consumer sector fear and greed index on November 6, 2025: 26.3 out of 100, in the “Fear” zone. The previous reading, on November 5, 2025, was 18.7 (“Extreme Fear”): the index rose by 7.6 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 29 trading days in a row. Biggest component moves: “Stock price strength” at 54.6 versus 27.9 and “Sector breadth” at 12.4 versus 10.4. This describes that date's reading; it is not a forecast.

High-yield bond market stress on November 6, 2025: 40.9 out of 100, in the “Low pressure” zone. The previous reading, on November 5, 2025, was 51.7 (“Moderate pressure”): the indicator fell sharply by 10.8 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: stress in the high-yield bond market is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 2 trading days in a row. The component that moved most: “Yield spread over government bonds” at 78.4 versus 99.9. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Serbian dinar on November 6, 2025: 48.6 out of 100, in the “Moderate pressure” zone. The previous reading, on November 2, 2025, was 44.5 (“Low pressure”): the indicator rose by 4.1 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 14 trading days in a row. Biggest component moves: “Currency weakening” at 78.2 versus 69.5 and “Exchange rate volatility” at 28.9 versus 20.8. This describes that date's reading; it is not a forecast.

Pressure on the Tajikistani somoni on November 6, 2025: 51.5 out of 100, in the “Moderate pressure” zone. The previous reading, on November 2, 2025, was 39.4 (“Low pressure”): the indicator rose sharply by 12.1 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 127 trading days in a row. Biggest component moves: “Central bank policy rate” at 54.8 versus 19.2 and “Currency weakening” at 25.3 versus 24.4. This describes that date's reading; it is not a forecast.

US market fear and greed index on November 6, 2025: 50.2 out of 100, in the “Neutral” zone. The previous reading, on November 5, 2025, was 59.0 (“Greed”): the index fell by 8.8 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: “52-week highs and lows” at 10.5 versus 38.5 and “Safe haven demand” at 45.7 versus 54.8. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on November 5, 2025: 34.0 out of 100, in the “Fear” zone. The previous reading, on November 3, 2025, was 24.9 (“Extreme Fear”): the index rose by 9.1 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 11 trading days in a row. Biggest component moves: “Stock price strength” at 85.7 versus 49.4 and “Sector momentum” at 34.4 versus 38.6. This describes that date's reading; it is not a forecast.

US market fear and greed index on November 5, 2025: 59.0 out of 100, in the “Greed” zone. The previous reading, on November 4, 2025, was 54.0 (“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. The index spent a single trading day in the “Neutral” zone. Biggest component moves: “52-week highs and lows” at 38.5 versus 15.4 and “Junk bond demand” at 55.0 versus 48.0. This describes that date's reading; it is not a forecast.

US market fear and greed index on November 4, 2025: 54.0 out of 100, in the “Neutral” zone. The previous reading, on November 3, 2025, was 58.1 (“Greed”): the index fell by 4.1 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 11 trading days in a row. Biggest component moves: “52-week highs and lows” at 15.4 versus 25.0 and “Market momentum” at 82.8 versus 89.9. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on November 3, 2025: 26.5 out of 100, in the “Fear” zone. The previous reading, on November 1, 2025, was 13.9 (“Extreme Fear”): the index rose sharply by 12.6 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 10 trading days in a row. Biggest component moves: “Stock price strength” at 58.6 versus 14.7 and “Sector momentum” at 30.3 versus 24.9. This describes that date's reading; it is not a forecast.

High-yield bond market stress on November 3, 2025: 52.2 out of 100, in the “Moderate pressure” zone. The previous reading, on November 1, 2025, was 56.4 (“High pressure”): the indicator fell by 4.2 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: stress in the high-yield bond market is close to what is usual for its history. The indicator spent a single trading day in the “High pressure” zone. Biggest component moves: “Price lag behind the market” at 4.5 versus 15.6 and “Yield spread over government bonds” at 99.9 versus 97.3. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on November 3, 2025: 38.6 out of 100, in the “Fear” zone. The previous reading, on November 2, 2025, was 45.1 (“Neutral”): the index fell by 6.5 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: “Price momentum” at 10.3 versus 24.5 and “Funding rate” at 54.9 versus 62.3. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on November 3, 2025: 38.4 out of 100, in the “Fear” zone. The previous reading, on November 2, 2025, was 53.4 (“Neutral”): the index fell sharply by 15.0 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. The index spent a single trading day in the “Neutral” zone. Biggest component moves: “Funding rate” at 36.8 versus 56.0 and “Implied volatility” at 44.8 versus 61.2. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Financial anxiety in Belarus on November 2, 2025: 52.5 out of 100, in the “Usual interest” zone. The previous reading, on October 26, 2025, was 64.2 (“Elevated interest”): the index fell sharply by 11.7 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 the dollar rate” at 22.8 versus 49.7 and “Searches about devaluation” at 67.0 versus 81.1. This describes that date's reading; it is not a forecast.