Indicator notes

Russian consumer sector fear and greed index on December 15, 2025: 77.2 out of 100, in the “Extreme Greed” zone. The previous reading, on December 12, 2025, was 68.8 (“Greed”): the index rose by 8.4 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. The index spent a single trading day in the “Greed” zone. Biggest component moves: “Stock price strength” at 82.6 versus 55.3 and “Sector momentum” at 56.8 versus 52.1. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on December 15, 2025: 75.1 out of 100, in the “Extreme Greed” zone. The previous reading, on December 12, 2025, was 71.7 (“Greed”): the index rose by 3.4 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 15 trading days in a row. Biggest component moves: “Sector volatility” at 93.2 versus 86.4 and “Sector momentum” at 66.6 versus 62.2. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on December 15, 2025: 27.3 out of 100, in the “Fear” zone. The previous reading, on December 14, 2025, was 39.2: the index fell sharply by 11.9 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 7 trading days in a row in this zone. Biggest component moves: “Funding rate” at 11.6 versus 57.1 and “Price momentum” at 11.4 versus 13.3. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Financial anxiety in Belarus on December 14, 2025: 55.0 out of 100, in the “Elevated interest” zone. The previous reading, on December 7, 2025, was 46.7 (“Usual interest”): the index rose by 8.3 points and crossed the 55 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 “Usual interest” zone. Biggest component moves: “Searches about devaluation” at 60.6 versus 37.5 and “Searches about the dollar rate” at 45.8 versus 26.6. This describes that date's reading; it is not a forecast.

Financial anxiety in Georgia on December 14, 2025: 72.4 out of 100, in the “Elevated interest” zone. The previous reading, on December 7, 2025, was 59.9: the index rose sharply by 12.5 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 2 weeks in a row in this zone. Biggest component moves: “Searches about deposits” at 71.5 versus 54.2 and “Searches about the dollar rate” at 73.4 versus 65.7. This describes that date's reading; it is not a forecast.

Financial anxiety in Kazakhstan on December 14, 2025: 91.8 out of 100, in the “Surge of interest” zone. The previous reading, on December 7, 2025, was 60.6 (“Elevated interest”): the index rose sharply by 31.2 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 95.8 versus 22.1 and “Searches about the dollar rate” at 96.5 versus 83.0. This describes that date's reading; it is not a forecast.

Financial anxiety in Russia on December 14, 2025: 56.9 out of 100, in the “Elevated interest” zone. The previous reading, on December 7, 2025, was 50.3 (“Usual interest”): the index rose by 6.6 points and crossed the 55 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 “Usual interest” zone. Biggest component moves: “Searches about the dollar rate” at 47.1 versus 31.7 and “Searches about deposits” at 65.1 versus 61.2. This describes that date's reading; it is not a forecast.

Ether fear and greed index on December 14, 2025: 68.2 out of 100, in the “Greed” zone. The previous reading, on December 13, 2025, was 51.2 (“Neutral”): the index rose sharply by 17.0 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: “Funding rate” at 72.2 versus 13.0 and “Implied volatility” at 79.3 versus 70.8. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Russian consumer sector fear and greed index on December 12, 2025: 68.8 out of 100, in the “Greed” zone. The previous reading, on December 11, 2025, was 76.5 (“Extreme Greed”): the index fell by 7.7 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 2 trading days in a row. Biggest component moves: “Stock price strength” at 55.3 versus 82.5 and “Sector momentum” at 52.1 versus 55.5. This describes that date's reading; it is not a forecast.

Ether fear and greed index on December 12, 2025: 49.5 out of 100, in the “Neutral” zone. The previous reading, on December 11, 2025, was 57.9 (“Greed”): the index fell by 8.4 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 2 trading days in a row. Biggest component moves: “Funding rate” at 14.4 versus 33.3 and “Price momentum” at 42.3 versus 52.2. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on December 12, 2025: 41.5 out of 100, in the “Low pressure” zone. The previous reading, on December 11, 2025, was 30.2: the indicator rose sharply by 11.3 points. That meets our shift threshold of 10 points; the zone did not change. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. The indicator has now spent 4 trading days in a row in this zone. Biggest component moves: “International reserves” at 31.3 versus 7.6 and “Currency weakening” at 52.4 versus 36.7. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on December 11, 2025: 44.4 out of 100, in the “Low pressure” zone. The previous reading, on December 10, 2025, was 53.7 (“Moderate pressure”): the indicator fell by 9.3 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 34 trading days in a row. Biggest component moves: “Central bank policy rate” at 35.7 versus 72.6 and “International reserves” at 42.1 versus 42.2. This describes that date's reading; it is not a forecast.

Insider buying and share buybacks on December 11, 2025: 53.3 out of 100, in the “Balanced” zone. The previous reading, on December 10, 2025, was 57.1 (“More buying”): the indicator fell by 3.8 points and crossed the 55 boundary. The “Balanced” zone covers readings from 45 to 55: buyers and sellers among issuers are roughly balanced. Before that the indicator had stayed in the “More buying” zone for 20 trading days in a row. The component that moved most: “Buyers over sellers, 30 days” at 53.3 versus 57.1. 1 of 2 components were available. This describes that date's reading; it is not a forecast.

Russian consumer sector fear and greed index on December 10, 2025: 75.8 out of 100, in the “Extreme Greed” zone. The previous reading, on December 9, 2025, was 67.1 (“Greed”): the index rose by 8.7 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 12 trading days in a row. Biggest component moves: “Stock price strength” at 82.4 versus 55.2 and “Sector momentum” at 53.9 versus 48.3. This describes that date's reading; it is not a forecast.

Ether fear and greed index on December 10, 2025: 64.2 out of 100, in the “Greed” zone. The previous reading, on December 9, 2025, was 53.9 (“Neutral”): the index rose sharply by 10.3 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: “Implied volatility” at 59.9 versus 34.9 and “Funding rate” at 69.5 versus 53.3. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on December 10, 2025: 46.4 out of 100, in the “Moderate pressure” zone. The previous reading, on December 9, 2025, was 44.2 (“Low pressure”): the indicator rose by 2.2 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 7 trading days in a row. Biggest component moves: “Exchange rate volatility” at 74.1 versus 65.8 and “Currency weakening” at 0.9 versus 0.5. This describes that date's reading; it is not a forecast.

Russian IT and telecom sector fear and greed index on December 9, 2025: 55.9 out of 100, in the “Greed” zone. The previous reading, on December 8, 2025, was 66.3: the index fell sharply by 10.4 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 16 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 12.8 versus 57.3 and “Sector breadth” at 65.0 versus 62.6. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on December 9, 2025: 31.5 out of 100, in the “Fear” zone. The previous reading, on December 8, 2025, was 24.6 (“Extreme Fear”): the index rose by 6.9 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: “Funding rate” at 43.7 versus 31.9 and “Implied volatility” at 52.5 versus 42.9. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on December 9, 2025: 27.3 out of 100, in the “Low pressure” zone. The previous reading, on December 6, 2025, was 23.1 (“Calm”): the indicator rose by 4.2 points and crossed the 25 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 “Calm” zone for 2 trading days in a row. Biggest component moves: “Exchange rate volatility” at 54.5 versus 43.9 and “Currency weakening” at 31.4 versus 25.3. This describes that date's reading; it is not a forecast.

Russian chemicals and fertilizers sector fear and greed index on December 8, 2025: 52.9 out of 100, in the “Neutral” zone. The previous reading, on December 5, 2025, was 55.0 (“Greed”): the index fell by 2.1 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 9 trading days in a row. Biggest component moves: “Sector momentum” at 42.4 versus 48.5 and “Sector breadth” at 14.2 versus 16.4. This describes that date's reading; it is not a forecast.

High-yield bond market stress on December 8, 2025: 86.1 out of 100, in the “Extreme pressure” zone. The previous reading, on December 5, 2025, was 63.0 (“High pressure”): the indicator rose sharply by 23.1 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. Biggest component moves: “Price lag behind the market” at 83.9 versus 54.7 and “Yield spread over government bonds” at 88.2 versus 71.3. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on December 8, 2025: 49.2 out of 100, in the “Neutral” zone. The previous reading, on December 7, 2025, was 35.8 (“Fear”): the index rose sharply by 13.4 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: “Funding rate” at 48.9 versus 18.2 and “Implied volatility” at 32.2 versus 14.1. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Financial anxiety in Belarus on December 7, 2025: 46.7 out of 100, in the “Usual interest” zone. The previous reading, on November 30, 2025, was 34.1 (“Below-usual interest”): the index rose sharply by 12.6 points and crossed the 45 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 “Below-usual interest” zone for 4 weeks in a row. Biggest component moves: “Searches about devaluation” at 37.5 versus 18.3 and “Searches about the dollar rate” at 26.6 versus 8.0. This describes that date's reading; it is not a forecast.

Financial anxiety in Georgia on December 7, 2025: 59.9 out of 100, in the “Elevated interest” zone. The previous reading, on November 30, 2025, was 30.8 (“Below-usual interest”): the index rose sharply by 29.1 points and crossed the 45 and 55 boundaries. 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 “Below-usual interest” zone. Biggest component moves: “Searches about deposits” at 54.2 versus 24.7 and “Searches about the dollar rate” at 65.7 versus 36.9. This describes that date's reading; it is not a forecast.

Financial anxiety in Kyrgyzstan on December 7, 2025: 69.9 out of 100, in the “Elevated interest” zone. The previous reading, on November 30, 2025, was 44.2 (“Below-usual interest”): the index rose sharply by 25.7 points and crossed the 45 and 55 boundaries. 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 “Below-usual interest” zone. Biggest component moves: “Searches about deposits” at 93.3 versus 49.0 and “Searches about the dollar rate” at 46.5 versus 39.4. This describes that date's reading; it is not a forecast.

Financial anxiety in Kazakhstan on December 7, 2025: 60.6 out of 100, in the “Elevated interest” zone. The previous reading, on November 30, 2025, was 52.5 (“Usual interest”): the index rose by 8.1 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 devaluation” at 76.6 versus 46.5 and “Searches about the dollar rate” at 83.0 versus 87.5. This describes that date's reading; it is not a forecast.

Financial anxiety in Russia on December 7, 2025: 50.3 out of 100, in the “Usual interest” zone. The previous reading, on November 30, 2025, was 34.7 (“Below-usual interest”): the index rose sharply by 15.6 points and crossed the 45 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 “Below-usual interest” zone for 4 weeks in a row. Biggest component moves: “Searches about devaluation” at 58.0 versus 30.4 and “Searches about the dollar rate” at 31.7 versus 20.8. This describes that date's reading; it is not a forecast.

Financial anxiety in Tajikistan on December 7, 2025: 73.4 out of 100, in the “Elevated interest” zone. The previous reading, on November 30, 2025, was 62.2: the index rose sharply by 11.2 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 the dollar rate” at 48.4 versus 31.1 and “Searches about deposits” at 98.4 versus 93.3. This describes that date's reading; it is not a forecast.

Retail investor FOMO in Russia on December 7, 2025: 42.0 out of 100, in the “Below-usual interest” zone. The previous reading, on November 30, 2025, was 73.0 (“Elevated interest”): the index fell sharply by 31.0 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. The index spent a single week in the “Elevated interest” zone. Biggest component moves: “Searches about buying bitcoin” at 29.8 versus 81.7 and “Searches about buying shares” at 67.0 versus 90.1. This describes that date's reading; it is not a forecast.

Ether fear and greed index on December 6, 2025: 40.5 out of 100, in the “Fear” zone. The previous reading, on December 5, 2025, was 47.4 (“Neutral”): the index fell by 6.9 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 27.3 versus 57.7 and “Price momentum” at 31.6 versus 30.0. 4 of 6 components were available. This describes that date's reading; it is not a forecast.