Indicator notes

Russian industrial sector fear and greed index on November 17, 2025: 44.5 out of 100, in the “Fear” zone. The previous reading, on November 14, 2025, was 55.4 (“Greed”): the index fell sharply by 10.9 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. The index spent a single trading day in the “Greed” zone. Biggest component moves: “Stock price strength” at 58.2 versus 99.5 and “Sector momentum” at 34.2 versus 40.0. This describes that date's reading; it is not a forecast.

Russian oil and gas sector fear and greed index on November 17, 2025: 23.5 out of 100, in the “Extreme Fear” zone. The previous reading, on November 14, 2025, was 36.1 (“Fear”): the index fell sharply by 12.6 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: “Stock price strength” at 9.9 versus 55.2 and “Sector momentum” at 14.2 versus 21.5. This describes that date's reading; it is not a forecast.

US market fear and greed index on November 17, 2025: 50.4 out of 100, in the “Neutral” zone. The previous reading, on November 14, 2025, was 56.9 (“Greed”): the index fell by 6.5 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 6 trading days in a row. Biggest component moves: “52-week highs and lows” at 4.3 versus 21.1 and “Safe haven demand” at 58.8 versus 68.0. This describes that date's reading; it is not a forecast.

Financial anxiety in Armenia on November 16, 2025: 58.0 out of 100, in the “Elevated interest” zone. The previous reading, on November 9, 2025, was 80.8 (“Surge of interest”): the index fell sharply by 22.8 points and crossed the 75 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 “Surge of interest” zone for 3 weeks in a row. Biggest component moves: “Searches about the dollar rate” at 40.1 versus 72.1 and “Searches about deposits” at 76.0 versus 89.4. This describes that date's reading; it is not a forecast.

Financial anxiety in Belarus on November 16, 2025: 26.8 out of 100, in the “Below-usual interest” zone. The previous reading, on November 9, 2025, was 37.1: the index fell sharply by 10.3 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 2 weeks in a row in this zone. Biggest component moves: “Searches about the dollar rate” at 2.9 versus 22.8 and “Searches about deposits” at 46.5 versus 64.4. This describes that date's reading; it is not a forecast.

Financial anxiety in Georgia on November 16, 2025: 42.9 out of 100, in the “Below-usual interest” zone. The previous reading, on November 9, 2025, was 76.0 (“Surge of interest”): the index fell sharply by 33.1 points and crossed the 75, 55 and 45 boundaries. 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 “Surge of interest” zone. Biggest component moves: “Searches about deposits” at 54.2 versus 90.1 and “Searches about the dollar rate” at 31.7 versus 61.9. This describes that date's reading; it is not a forecast.

Financial anxiety in Kyrgyzstan on November 16, 2025: 49.7 out of 100, in the “Usual interest” zone. The previous reading, on November 9, 2025, was 77.2 (“Surge of interest”): the index fell sharply by 27.5 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. The index spent a single week in the “Surge of interest” zone. Biggest component moves: “Searches about deposits” at 56.7 versus 95.2 and “Searches about the dollar rate” at 42.6 versus 59.3. This describes that date's reading; it is not a forecast.

Financial anxiety in Tajikistan on November 16, 2025: 39.7 out of 100, in the “Below-usual interest” zone. The previous reading, on November 9, 2025, was 67.3 (“Elevated interest”): the index fell sharply by 27.6 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 2 weeks in a row. Biggest component moves: “Searches about the dollar rate” at 27.2 versus 56.1 and “Searches about deposits” at 52.2 versus 78.5. This describes that date's reading; it is not a forecast.

Retail investor FOMO in Russia on November 16, 2025: 33.9 out of 100, in the “Below-usual interest” zone. The previous reading, on November 9, 2025, was 66.8 (“Elevated interest”): the index fell sharply by 32.9 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 2 weeks in a row. Biggest component moves: “Searches about a brokerage account” at 18.3 versus 97.1 and “Searches about buying shares” at 56.7 versus 90.7. This describes that date's reading; it is not a forecast.

Russian chemicals and fertilizers sector fear and greed index on November 14, 2025: 54.4 out of 100, in the “Neutral” zone. The previous reading, on November 13, 2025, was 56.0 (“Greed”): the index fell slightly by 1.6 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: “Sector momentum” at 51.5 versus 57.6 and “Sector breadth” at 26.9 versus 27.9. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on November 14, 2025: 55.4 out of 100, in the “Greed” zone. The previous reading, on November 13, 2025, was 43.5 (“Fear”): the index rose sharply by 11.9 points and crossed the 45 and 55 boundaries. 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 “Fear” zone for 8 trading days in a row. Biggest component moves: “Stock price strength” at 99.5 versus 58.4 and “Sector breadth” at 20.1 versus 16.6. This describes that date's reading; it is not a forecast.

High-yield bond market stress on November 14, 2025: 48.0 out of 100, in the “Moderate pressure” zone. The previous reading, on November 13, 2025, was 35.3 (“Low pressure”): the indicator rose sharply by 12.7 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 91.6 versus 63.8 and “Price lag behind the market” at 4.5 versus 6.7. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on November 14, 2025: 31.1 out of 100, in the “Fear” zone. The previous reading, on November 13, 2025, was 41.7: the index fell 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 12 trading days in a row in this zone. Biggest component moves: “Funding rate” at 35.5 versus 58.5 and “Implied volatility” at 4.2 versus 18.8. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on November 14, 2025: 48.7 out of 100, in the “Moderate pressure” zone. The previous reading, on November 13, 2025, was 42.4 (“Low pressure”): the indicator rose by 6.3 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 8 trading days in a row. Biggest component moves: “International reserves” at 35.8 versus 16.4 and “Currency weakening” at 56.3 versus 53.2. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on November 14, 2025: 47.7 out of 100, in the “Moderate pressure” zone. The previous reading, on November 13, 2025, was 60.6 (“High pressure”): the indicator fell sharply by 12.9 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 9 trading days in a row. Biggest component moves: “International reserves” at 12.8 versus 62.8 and “Exchange rate volatility” at 59.3 versus 60.3. This describes that date's reading; it is not a forecast.

Russian chemicals and fertilizers sector fear and greed index on November 13, 2025: 56.0 out of 100, in the “Greed” zone. The previous reading, on November 12, 2025, was 48.3 (“Neutral”): the index rose by 7.7 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 2 trading days in a row. Biggest component moves: “Sector volatility” at 79.3 versus 52.1 and “Sector momentum” at 57.6 versus 53.9. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on November 13, 2025: 60.9 out of 100, in the “Greed” zone. The previous reading, on November 12, 2025, was 43.1 (“Fear”): the index rose sharply by 17.8 points and crossed the 45 and 55 boundaries. 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 “Fear” zone for 6 trading days in a row. Biggest component moves: “Stock price strength” at 94.9 versus 49.0 and “Sector volatility” at 76.5 versus 55.7. This describes that date's reading; it is not a forecast.

Russian financial sector fear and greed index on November 13, 2025: 42.8 out of 100, in the “Fear” zone. The previous reading, on November 12, 2025, was 29.9: the index rose sharply by 12.9 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 5 trading days in a row in this zone. Biggest component moves: “Sector volatility” at 63.6 versus 16.2 and “Sector breadth” at 30.9 versus 27.1. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on November 13, 2025: 43.5 out of 100, in the “Fear” zone. The previous reading, on November 12, 2025, was 32.9: 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 8 trading days in a row in this zone. Biggest component moves: “Sector volatility” at 61.8 versus 23.5 and “Sector breadth” at 16.6 versus 13.0. This describes that date's reading; it is not a forecast.

Russian metals and mining sector fear and greed index on November 13, 2025: 40.2 out of 100, in the “Fear” zone. The previous reading, on November 12, 2025, was 28.4: the index rose sharply by 11.8 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: “Sector volatility” at 60.6 versus 21.9 and “Stock price strength” at 22.5 versus 14.1. This describes that date's reading; it is not a forecast.

Russian oil and gas sector fear and greed index on November 13, 2025: 34.6 out of 100, in the “Fear” zone. The previous reading, on November 12, 2025, was 13.9 (“Extreme Fear”): the index rose sharply by 20.7 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 17 trading days in a row. Biggest component moves: “Sector volatility” at 53.3 versus 14.4 and “Stock price strength” at 55.1 versus 17.9. This describes that date's reading; it is not a forecast.

High-yield bond market stress on November 13, 2025: 35.3 out of 100, in the “Low pressure” zone. The previous reading, on November 12, 2025, was 50.3 (“Moderate pressure”): the indicator fell sharply by 15.0 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 4 trading days in a row. Biggest component moves: “Yield spread over government bonds” at 63.8 versus 95.3 and “Price lag behind the market” at 6.7 versus 5.3. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on November 13, 2025: 44.4 out of 100, in the “Low pressure” zone. The previous reading, on November 12, 2025, was 45.6 (“Moderate pressure”): the indicator fell slightly by 1.2 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. The indicator spent a single trading day in the “Moderate pressure” zone. Biggest component moves: “Exchange rate volatility” at 70.1 versus 74.2 and “Currency weakening” at 70.7 versus 71.5. This describes that date's reading; it is not a forecast.

Insider buying and share buybacks on November 13, 2025: 73.3 out of 100, in the “More buying” zone. The previous reading, on November 12, 2025, was 81.8 (“Mostly buying”): the indicator fell by 8.5 points and crossed the 75 boundary. The “More buying” zone covers readings from 55 to 75: more issuers were on the buying side than on the selling side. Before that the indicator had stayed in the “Mostly buying” zone for 9 trading days in a row. The component that moved most: “Buyers over sellers, 30 days” at 73.3 versus 81.8. 1 of 2 components were available. This describes that date's reading; it is not a forecast.

Russian metals and mining sector fear and greed index on November 12, 2025: 28.4 out of 100, in the “Fear” zone. The previous reading, on November 11, 2025, was 38.6: the index fell sharply by 10.2 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 14.1 versus 55.5 and “Sector momentum” at 41.0 versus 43.8. This describes that date's reading; it is not a forecast.

Russian oil and gas sector fear and greed index on November 12, 2025: 13.9 out of 100, in the “Extreme Fear” zone. The previous reading, on November 11, 2025, was 24.9: the index fell sharply by 11.0 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 17 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 17.9 versus 54.8 and “Sector momentum” at 17.2 versus 24.3. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on November 12, 2025: 45.6 out of 100, in the “Moderate pressure” zone. The previous reading, on November 11, 2025, was 44.6 (“Low pressure”): the indicator rose slightly by 1.0 point 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. The indicator spent a single trading day in the “Low pressure” zone. Biggest component moves: “Currency weakening” at 71.5 versus 67.8 and “Exchange rate volatility” at 74.2 versus 74.3. This describes that date's reading; it is not a forecast.

Russian chemicals and fertilizers sector fear and greed index on November 11, 2025: 49.6 out of 100, in the “Neutral” zone. The previous reading, on November 10, 2025, was 34.2 (“Fear”): the index rose sharply by 15.4 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 59.2 versus 8.8 and “Sector volatility” at 50.3 versus 44.3. This describes that date's reading; it is not a forecast.

Russian consumer sector fear and greed index on November 11, 2025: 32.4 out of 100, in the “Fear” zone. The previous reading, on November 10, 2025, was 24.1 (“Extreme Fear”): the index rose by 8.3 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 54.7 versus 28.0 and “Sector breadth” at 27.9 versus 24.9. This describes that date's reading; it is not a forecast.

Russian oil and gas sector fear and greed index on November 11, 2025: 24.9 out of 100, in the “Extreme Fear” zone. The previous reading, on November 10, 2025, was 14.2: the index rose sharply by 10.7 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 16 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 54.8 versus 17.8 and “Sector momentum” at 24.3 versus 21.7. This describes that date's reading; it is not a forecast.