Grounded, citable news indicesDocs

News-based indices for financial markets

How much the news is covering bank and financial stress, energy and oil risk, and crypto - measured against a fixed baseline, with every spike traced to the headlines behind it.

GET /api/v1/indexes/bank-stressX-API-Key: flk_...

Query

slug=bank-stress

from=2023-03-01

to=2023-03-31

baseline=100

Latest

104

Peak (Mar 2023)

319

{
  "slug": "bank-stress",
  "name": "Bank / Financial Stress Index",
  "baseline": 100,
  "current": 104.2,
  "series": [
    { "date": "2023-03-08", "attention": 96.4 },
    { "date": "2023-03-13", "attention": 318.6 },
    { "date": "2023-03-20", "attention": 241.7 }
  ],
  "spike": {
    "date": "2023-03-13",
    "value": 318.6,
    "headline": "Regulators close Silicon Valley Bank",
    "source": "example-news.com"
  }
}

News-based indices, like the Fed financial stress index

Each index measures how much of the day's news covers one theme, indexed to 100 = the 2021-2025 average, so you can tell when a theme is unusually in the news.

Spikes grounded in headlines

Each peak links to the actual articles that drove it, from SVB to Hormuz to the spot-ETF approval.

Descriptive, not a signal

The indices measure news attention, not price, alpha, or a trade. Not investment advice.

Public and citable

How each index is built and tested is published, so charts can be viewed, shared, and cited.

Track themes as indices

Follow bank stress, energy and oil risk, and crypto as index lines, like the Fed financial stress index.

Coverage over time

Each series is the share of daily coverage for one theme, weighted toward the most relevant, high-impact articles - like Google Trends, but for news.

Indexed to 100

Values are scaled so 100 is the 2021-2025 average, 7-day averaged; levels compare across themes and dates.

Labeled news underneath

Built from GDELT, a global news database, each article labeled by topic, region, and market impact, and scored for sentiment.

API for developers

Pull index values and the labeled-news feed via GET /api/v1/indexes and /api/v1/news.

Indices

3

bank stress, energy, crypto

Updated

Daily

new coverage each day

History

2021

baseline from 2021-2025

Free window

30d

of index data via the API

From news to a citable index

News is labeled, measured as a daily share of coverage per theme, and indexed to a fixed 2021-2025 baseline for charting, sharing, and citing.

1

Ingest

GDELT-sourced global news is ingested daily and gated for relevance.

2

Label

Each article is labeled by topic, region, and market impact, with a relevance score and sentiment.

3

Index

Coverage per theme is measured as a daily share, indexed to 100 = the 2021-2025 average, and 7-day averaged.

4

Share

The index ships as a public chart, with each spike linked to the headlines that drove it.

Free indices to view and cite, an API for full history

The index charts are free to view, share, and cite; the API adds full history and the labeled-news feed.


Free

For viewing, sharing, and citing the index charts, plus recent data for an app.

$0/ month
Get a free API key
  • All 3 index charts
  • View, share, and cite
  • Free API key (last 30 days of data)
  • 1,000 requests / month
  • 60 requests / min

Pro

For full index history and the labeled-news feed behind the indices.

$49/ month

  • Full index history via API
  • Labeled-news feed via API
  • No monthly request cap
  • 60 requests / min
  • GET /api/v1/indexes and /api/v1/news

FAQ

What is FinanceLab?

FinanceLab publishes news-based indices that track how much the news covers market themes over time: bank and financial stress, energy and oil risk, and crypto.

How is an index built?

Each index is the share of daily news coverage for one theme, weighted toward the most relevant, high-impact articles, indexed to 100 = the 2021-2025 average and 7-day averaged.

How is this like EPU or GPR?

It is the same kind of object as established news-based indices: the Economic Policy Uncertainty index (EPU), the Geopolitical Risk index (GPR), and the Fed financial stress indices. Think Google Trends, but the input is news coverage instead of search interest.

How would I use it?

As a context and control measure: tell whether a theme is unusually in the news, explain a move with the grounded headlines, or condition a model on measured attention instead of memory. Descriptive, not a forecast.

Is this a trading signal?

No. The indices are a descriptive measure of news attention, not a trading signal, not alpha, and not investment advice.

Is this real-time market data?

No. The indices are built from regularly ingested GDELT news, not real-time market data or price feeds.

Can I cite the indices?

Yes. The methodology and validation are public, each index has a stable URL, and every spike links to the source headlines behind it.

What is free, and what does Pro add?

The index charts are free to view, share, and cite, with a free API key for the last 30 days. Pro ($49/month) adds full index history and the labeled-news feed, with no monthly cap.

See how much a market theme is in the news - and why

View the three indices free, or get an API key for full history and the labeled news behind them.