Indicator notes

High-yield bond market stress on June 25, 2026: 59.6 out of 100, in the “High pressure” zone. The previous reading, on June 24, 2026, was 54.8 (“Moderate pressure”): the indicator rose by 4.8 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: stress in the high-yield bond market is clearly above usual. The indicator spent a single trading day in the “Moderate pressure” zone. Biggest component moves: “Price lag behind the market” at 67.9 versus 62.6 and “Yield spread over government bonds” at 51.4 versus 46.9. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

High-yield bond market stress on June 24, 2026: 54.8 out of 100, in the “Moderate pressure” zone. The previous reading, on June 23, 2026, was 56.3 (“High pressure”): the indicator fell slightly by 1.5 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: “Yield spread over government bonds” at 46.9 versus 52.8 and “Price lag behind the market” at 62.6 versus 59.8. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Georgian lari on June 24, 2026: 44.6 out of 100, in the “Low pressure” zone. The previous reading, on June 23, 2026, was 45.0 (“Moderate pressure”): the indicator fell slightly by 0.4 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 27 trading days in a row. Biggest component moves: “Currency weakening” at 13.9 versus 15.1 and “Exchange rate volatility” at 13.6 versus 14.2. This describes that date's reading; it is not a forecast.

High-yield bond market stress on June 23, 2026: 56.3 out of 100, in the “High pressure” zone. The previous reading, on June 22, 2026, was 50.1 (“Moderate pressure”): the indicator rose by 6.2 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: stress in the high-yield bond market is clearly above usual. The indicator spent a single trading day in the “Moderate pressure” zone. Biggest component moves: “Yield spread over government bonds” at 52.8 versus 35.6 and “Price lag behind the market” at 59.8 versus 64.5. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on June 23, 2026: 33.4 out of 100, in the “Fear” zone. The previous reading, on June 22, 2026, was 44.8: the index fell sharply by 11.4 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 3 trading days in a row in this zone. Biggest component moves: “Funding rate” at 31.1 versus 59.0 and “Implied volatility” at 54.4 versus 67.3. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on June 23, 2026: 39.2 out of 100, in the “Fear” zone. The previous reading, on June 22, 2026, was 47.1 (“Neutral”): the index fell by 7.9 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 22.3 versus 41.8 and “Price momentum” at 18.2 versus 23.2. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on June 23, 2026: 57.3 out of 100, in the “High pressure” zone. The previous reading, on June 20, 2026, was 53.3 (“Moderate pressure”): the indicator rose by 4.0 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 10 trading days in a row. Biggest component moves: “Central bank policy rate” at 46.5 versus 34.3 and “Currency weakening” at 39.5 versus 35.0. This describes that date's reading; it is not a forecast.

High-yield bond market stress on June 22, 2026: 50.1 out of 100, in the “Moderate pressure” zone. The previous reading, on June 19, 2026, was 44.7 (“Low pressure”): the indicator rose by 5.4 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: “Price lag behind the market” at 64.5 versus 58.0 and “Yield spread over government bonds” at 35.6 versus 31.4. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on June 22, 2026: 47.1 out of 100, in the “Neutral” zone. The previous reading, on June 21, 2026, was 44.5 (“Fear”): the index rose by 2.6 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: “Implied volatility” at 88.9 versus 84.0 and “Price momentum” at 23.2 versus 20.7. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Financial anxiety in Belarus on June 21, 2026: 28.5 out of 100, in the “Below-usual interest” zone. The previous reading, on June 14, 2026, was 41.8: the index fell sharply by 13.3 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 3 weeks in a row in this zone. Biggest component moves: “Searches about deposits” at 10.6 versus 36.9 and “Searches about the dollar rate” at 67.0 versus 82.4. This describes that date's reading; it is not a forecast.

Financial anxiety in Kyrgyzstan on June 21, 2026: 37.8 out of 100, in the “Below-usual interest” zone. The previous reading, on June 14, 2026, was 70.8 (“Elevated interest”): the index fell sharply by 33.0 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 deposits” at 27.9 versus 70.2 and “Searches about the dollar rate” at 47.8 versus 71.5. This describes that date's reading; it is not a forecast.

Financial anxiety in Kazakhstan on June 21, 2026: 23.0 out of 100, in the “Quiet” zone. The previous reading, on June 14, 2026, was 36.0 (“Below-usual interest”): the index fell sharply by 13.0 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 4 weeks in a row. Biggest component moves: “Searches about deposits” at 17.6 versus 54.8 and “Searches about the dollar rate” at 15.1 versus 26.6. This describes that date's reading; it is not a forecast.

Financial anxiety in Tajikistan on June 21, 2026: 60.3 out of 100, in the “Elevated interest” zone. The previous reading, on June 14, 2026, was 35.9 (“Below-usual interest”): the index rose sharply by 24.4 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 80.4 versus 28.5 and “Searches about the dollar rate” at 40.1 versus 43.3. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on June 21, 2026: 38.2 out of 100, in the “Fear” zone. The previous reading, on June 20, 2026, was 45.7 (“Neutral”): the index fell by 7.5 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. The index spent a single trading day in the “Neutral” zone. Biggest component moves: “Funding rate” at 41.2 versus 57.1 and “Implied volatility” at 63.4 versus 79.0. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on June 21, 2026: 44.5 out of 100, in the “Fear” zone. The previous reading, on June 20, 2026, was 46.7 (“Neutral”): the index fell by 2.2 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 41.0 versus 47.5 and “Implied volatility” at 84.0 versus 86.4. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Bitcoin fear and greed index on June 20, 2026: 45.7 out of 100, in the “Neutral” zone. The previous reading, on June 19, 2026, was 43.8 (“Fear”): the index rose slightly by 1.9 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 12 trading days in a row. Biggest component moves: “Funding rate” at 57.1 versus 51.6 and “Volatility” at 29.2 versus 31.6. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

Ether fear and greed index on June 20, 2026: 46.7 out of 100, in the “Neutral” zone. The previous reading, on June 19, 2026, was 43.2 (“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: “Funding rate” at 47.5 versus 36.0 and “Price momentum” at 21.8 versus 18.8. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

High-yield bond market stress on June 19, 2026: 44.7 out of 100, in the “Low pressure” zone. The previous reading, on June 18, 2026, was 48.7 (“Moderate pressure”): the indicator fell by 4.0 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 13 trading days in a row. Biggest component moves: “Price lag behind the market” at 58.0 versus 62.9 and “Yield spread over government bonds” at 31.4 versus 34.5. 2 of 3 components were available. This describes that date's reading; it is not a forecast.

Russian consumer sector fear and greed index on June 17, 2026: 23.0 out of 100, in the “Extreme Fear” zone. The previous reading, on June 16, 2026, was 25.5 (“Fear”): the index fell by 2.5 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 3 trading days in a row. Biggest component moves: “Stock price strength” at 21.5 versus 34.3 and “Sector volatility” at 15.2 versus 13.4. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on June 17, 2026: 11.3 out of 100, in the “Extreme Fear” zone. The previous reading, on June 16, 2026, was 25.6 (“Fear”): the index fell sharply by 14.3 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 15.7 versus 71.1 and “Sector breadth” at 2.5 versus 4.3. This describes that date's reading; it is not a forecast.

Ether fear and greed index on June 17, 2026: 44.0 out of 100, in the “Fear” zone. The previous reading, on June 16, 2026, was 45.8 (“Neutral”): the index fell slightly by 1.8 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: “Implied volatility” at 87.3 versus 93.6 and “Price momentum” at 20.1 versus 21.8. 4 of 6 components were available. This describes that date's reading; it is not a forecast.

US market fear and greed index on June 17, 2026: 48.7 out of 100, in the “Neutral” zone. The previous reading, on June 16, 2026, was 55.6 (“Greed”): the index fell by 6.9 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 4 trading days in a row. Biggest component moves: “52-week highs and lows” at 21.1 versus 43.5 and “Safe haven demand” at 34.6 versus 41.6. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on June 16, 2026: 9.6 out of 100, in the “Extreme Fear” zone. The previous reading, on June 15, 2026, was 23.3: the index fell sharply by 13.7 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 9 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 14.0 versus 65.8 and “Sector momentum” at 11.0 versus 15.0. This describes that date's reading; it is not a forecast.

Russian IT and telecom sector fear and greed index on June 16, 2026: 17.7 out of 100, in the “Extreme Fear” zone. The previous reading, on June 15, 2026, was 27.5 (“Fear”): the index fell by 9.8 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: “Stock price strength” at 31.0 versus 69.4 and “Sector volatility” at 13.2 versus 11.0. This describes that date's reading; it is not a forecast.

Russian metals and mining sector fear and greed index on June 16, 2026: 11.5 out of 100, in the “Extreme Fear” zone. The previous reading, on June 15, 2026, was 25.3 (“Fear”): the index fell sharply by 13.8 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: “Stock price strength” at 13.0 versus 62.7 and “Sector momentum” at 16.2 versus 21.1. This describes that date's reading; it is not a forecast.

Russian oil and gas sector fear and greed index on June 16, 2026: 7.9 out of 100, in the “Extreme Fear” zone. The previous reading, on June 15, 2026, was 19.8: the index fell sharply by 11.9 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 9 trading days in a row in this zone. Biggest component moves: “Stock price strength” at 2.8 versus 25.9 and “Sector momentum” at 5.7 versus 17.6. This describes that date's reading; it is not a forecast.

Russian electric utilities sector fear and greed index on June 15, 2026: 26.9 out of 100, in the “Fear” zone. The previous reading, on June 11, 2026, was 14.4 (“Extreme Fear”): the index rose sharply by 12.5 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 71.2 versus 6.9 and “Sector volatility” at 9.6 versus 30.7. This describes that date's reading; it is not a forecast.

Russian industrial sector fear and greed index on June 15, 2026: 23.3 out of 100, in the “Extreme Fear” zone. The previous reading, on June 11, 2026, was 9.5: the index rose sharply by 13.8 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 65.8 versus 13.9 and “Sector momentum” at 15.0 versus 10.0. This describes that date's reading; it is not a forecast.

Russian IT and telecom sector fear and greed index on June 15, 2026: 27.5 out of 100, in the “Fear” zone. The previous reading, on June 11, 2026, was 12.1 (“Extreme Fear”): the index rose sharply by 15.4 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 5 trading days in a row. Biggest component moves: “Stock price strength” at 69.4 versus 9.2 and “Sector momentum” at 15.0 versus 11.0. This describes that date's reading; it is not a forecast.

Russian metals and mining sector fear and greed index on June 15, 2026: 25.3 out of 100, in the “Fear” zone. The previous reading, on June 11, 2026, was 17.8 (“Extreme Fear”): the index rose by 7.5 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 7 trading days in a row. Biggest component moves: “Stock price strength” at 62.7 versus 24.9 and “Sector volatility” at 9.8 versus 28.5. This describes that date's reading; it is not a forecast.