urlscan.io logo urlscan.io
SecurityTrails logo

www.lseg.com Open in urlscan Pro
2600:9000:2680:4e00:2:2fdd:fc0:93a1  Public Scan

Back to summary
Submitted URL: https://url.uk.m.mimecastprotect.com/s/oP-8COV8C6V2BJSrVdoZ?domain=lseg.com
Effective URL: https://www.lseg.com/en/insights/data-analytics/sentiment-as-risk-indicator-when-does-it-work-best?utm_source=Eloqua&...
Submission: On August 01 via manual from GB — Scanned from GB

Form analysis 2 forms found in the DOM

POST /content/lseg/en_us/insights/forms/insights-subscription/jcr:content/root/form_copy.ewp.json

<form action="/content/lseg/en_us/insights/forms/insights-subscription/jcr:content/root/form_copy.ewp.json" autocomplete="off" id="ea30bd34" method="post">
  <div class="VerticalSpacing VerticalSpacing--m">
    <div data-rehydratable-children="true">
      <div class="VerticalSpacing VerticalSpacing--m">
        <div class="Header">
          <div class="Header-heading">
            <h2 class="Heading Heading--smallCaps u-typographySmallCaps"> Stay updated</h2>
          </div>
        </div>
      </div>
      <div class="VerticalSpacing VerticalSpacing--s">
        <div class="FormNewTextControl" data-disabled="false" data-id="textbox-field-emailAddress-aea414f4" data-label-text="Email address" data-optional-text="(optional)" data-name="emailAddress" data-rehydratable="FormNew.TextControl"
          data-required="true" data-tabindex="0" data-error-message="Enter a valid email address" data-type="email"><label for="textbox-field-emailAddress-aea414f4"><input class="FormNewTextControl" id="textbox-field-emailAddress-aea414f4"
              name="emailAddress" placeholder="Email address" required="" tabindex="0" type="email" aria-describedby="error-textbox-field-emailAddress-aea414f4" data-testid="textcontrol" value="">
            <div class="FormNewTextControl-labelText Typestack--p1"><span>Email address</span></div>
            <div class="FormNewTextControl-errorIcon"><svg class="Icon Icon--s" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" xmlns:xlink="http://www.w3.org/1999/xlink" aria-hidden="true">
                <path fill=""
                  d="M16,2 C23.7319865,2 30,8.2680135 30,16 C30,23.7319865 23.7319865,30 16,30 C8.2680135,30 2,23.7319865 2,16 C2,8.2680135 8.2680135,2 16,2 Z M16,4 C9.372583,4 4,9.372583 4,16 C4,22.627417 9.372583,28 16,28 C22.627417,28 28,22.627417 28,16 C28,9.372583 22.627417,4 16,4 Z M15,8 L17,8 L17,19 L15,19 L15,8 Z M16,24 C16.5522847,24 17,23.5522847 17,23 C17,22.4477153 16.5522847,22 16,22 C15.4477153,22 15,22.4477153 15,23 C15,23.5522847 15.4477153,24 16,24 Z">
                </path>
              </svg></div><span id="error-textbox-field-emailAddress-aea414f4" class="FormNewTextControl-message Typestack--p2" role="alert">Enter a valid email address</span>
          </label></div>
      </div>
      <div class="VerticalSpacing VerticalSpacing--s">
        <div class="FormNewSelectControl" data-disabled="false" data-id="select-country-a1a2089c" data-label-text="Country/territory" data-name="country"
          data-options="[{&quot;value&quot;:&quot;&quot;,&quot;label&quot;:&quot;Select one&quot;},{&quot;value&quot;:&quot;Aland Islands&quot;,&quot;label&quot;:&quot;Aland Islands&quot;},{&quot;value&quot;:&quot;Albania&quot;,&quot;label&quot;:&quot;Albania&quot;},{&quot;value&quot;:&quot;Algeria&quot;,&quot;label&quot;:&quot;Algeria&quot;},{&quot;value&quot;:&quot;American Samoa&quot;,&quot;label&quot;:&quot;American Samoa&quot;},{&quot;value&quot;:&quot;Andorra&quot;,&quot;label&quot;:&quot;Andorra&quot;},{&quot;value&quot;:&quot;Angola&quot;,&quot;label&quot;:&quot;Angola&quot;},{&quot;value&quot;:&quot;Anguilla&quot;,&quot;label&quot;:&quot;Anguilla&quot;},{&quot;value&quot;:&quot;Antarctica&quot;,&quot;label&quot;:&quot;Antarctica&quot;},{&quot;value&quot;:&quot;Antigua and Barbuda&quot;,&quot;label&quot;:&quot;Antigua and Barbuda&quot;},{&quot;value&quot;:&quot;Argentina &quot;,&quot;label&quot;:&quot;Argentina &quot;},{&quot;value&quot;:&quot;Armenia&quot;,&quot;label&quot;:&quot;Armenia&quot;},{&quot;value&quot;:&quot;Aruba&quot;,&quot;label&quot;:&quot;Aruba&quot;},{&quot;value&quot;:&quot;Australia &quot;,&quot;label&quot;:&quot;Australia &quot;},{&quot;value&quot;:&quot;Austria&quot;,&quot;label&quot;:&quot;Austria&quot;},{&quot;value&quot;:&quot;Azerbaijan&quot;,&quot;label&quot;:&quot;Azerbaijan&quot;},{&quot;value&quot;:&quot;Bahamas&quot;,&quot;label&quot;:&quot;Bahamas&quot;},{&quot;value&quot;:&quot;Bahrain&quot;,&quot;label&quot;:&quot;Bahrain&quot;},{&quot;value&quot;:&quot;Bangladesh&quot;,&quot;label&quot;:&quot;Bangladesh&quot;},{&quot;value&quot;:&quot;Barbados&quot;,&quot;label&quot;:&quot;Barbados&quot;},{&quot;value&quot;:&quot;Belgium&quot;,&quot;label&quot;:&quot;Belgium&quot;},{&quot;value&quot;:&quot;Belize&quot;,&quot;label&quot;:&quot;Belize&quot;},{&quot;value&quot;:&quot;Benin&quot;,&quot;label&quot;:&quot;Benin&quot;},{&quot;value&quot;:&quot;Bermuda&quot;,&quot;label&quot;:&quot;Bermuda&quot;},{&quot;value&quot;:&quot;Bhutan&quot;,&quot;label&quot;:&quot;Bhutan&quot;},{&quot;value&quot;:&quot;Bolivia&quot;,&quot;label&quot;:&quot;Bolivia&quot;},{&quot;value&quot;:&quot;Bosnia and Herzegovina&quot;,&quot;label&quot;:&quot;Bosnia and Herzegovina&quot;},{&quot;value&quot;:&quot;Botswana&quot;,&quot;label&quot;:&quot;Botswana&quot;},{&quot;value&quot;:&quot;Bouvet Island&quot;,&quot;label&quot;:&quot;Bouvet Island&quot;},{&quot;value&quot;:&quot;Brazil&quot;,&quot;label&quot;:&quot;Brazil&quot;},{&quot;value&quot;:&quot;British Indian Ocean Territory&quot;,&quot;label&quot;:&quot;British Indian Ocean Territory&quot;},{&quot;value&quot;:&quot;Brunei Darussalam&quot;,&quot;label&quot;:&quot;Brunei Darussalam&quot;},{&quot;value&quot;:&quot;Bulgaria&quot;,&quot;label&quot;:&quot;Bulgaria&quot;},{&quot;value&quot;:&quot;Burkina Faso&quot;,&quot;label&quot;:&quot;Burkina Faso&quot;},{&quot;value&quot;:&quot;Burundi&quot;,&quot;label&quot;:&quot;Burundi&quot;},{&quot;value&quot;:&quot;Cambodia&quot;,&quot;label&quot;:&quot;Cambodia&quot;},{&quot;value&quot;:&quot;Cameroon&quot;,&quot;label&quot;:&quot;Cameroon&quot;},{&quot;value&quot;:&quot;Canada&quot;,&quot;label&quot;:&quot;Canada&quot;},{&quot;value&quot;:&quot;Cape Verde&quot;,&quot;label&quot;:&quot;Cape Verde&quot;},{&quot;value&quot;:&quot;Cayman Islands&quot;,&quot;label&quot;:&quot;Cayman Islands&quot;},{&quot;value&quot;:&quot;Chad&quot;,&quot;label&quot;:&quot;Chad&quot;},{&quot;value&quot;:&quot;Chile&quot;,&quot;label&quot;:&quot;Chile&quot;},{&quot;value&quot;:&quot;China&quot;,&quot;label&quot;:&quot;China&quot;},{&quot;value&quot;:&quot;Christmas Island&quot;,&quot;label&quot;:&quot;Christmas Island&quot;},{&quot;value&quot;:&quot;Cocos (Keeling) Islands&quot;,&quot;label&quot;:&quot;Cocos (Keeling) Islands&quot;},{&quot;value&quot;:&quot;Colombia&quot;,&quot;label&quot;:&quot;Colombia&quot;},{&quot;value&quot;:&quot;Comoros&quot;,&quot;label&quot;:&quot;Comoros&quot;},{&quot;value&quot;:&quot;Congo&quot;,&quot;label&quot;:&quot;Congo&quot;},{&quot;value&quot;:&quot;Congo, The Democratic Republic of the&quot;,&quot;label&quot;:&quot;Congo, The Democratic Republic of the&quot;},{&quot;value&quot;:&quot;Cook Islands&quot;,&quot;label&quot;:&quot;Cook Islands&quot;},{&quot;value&quot;:&quot;Costa Rica&quot;,&quot;label&quot;:&quot;Costa Rica&quot;},{&quot;value&quot;:&quot;Cote D'Ivoire&quot;,&quot;label&quot;:&quot;Cote D'Ivoire&quot;},{&quot;value&quot;:&quot;Croatia&quot;,&quot;label&quot;:&quot;Croatia&quot;},{&quot;value&quot;:&quot;Cyprus&quot;,&quot;label&quot;:&quot;Cyprus&quot;},{&quot;value&quot;:&quot;Czech Republic&quot;,&quot;label&quot;:&quot;Czech Republic&quot;},{&quot;value&quot;:&quot;Denmark&quot;,&quot;label&quot;:&quot;Denmark&quot;},{&quot;value&quot;:&quot;Djibouti&quot;,&quot;label&quot;:&quot;Djibouti&quot;},{&quot;value&quot;:&quot;Dominica&quot;,&quot;label&quot;:&quot;Dominica&quot;},{&quot;value&quot;:&quot;Dominican Republic&quot;,&quot;label&quot;:&quot;Dominican Republic&quot;},{&quot;value&quot;:&quot;Ecuador&quot;,&quot;label&quot;:&quot;Ecuador&quot;},{&quot;value&quot;:&quot;Egypt&quot;,&quot;label&quot;:&quot;Egypt&quot;},{&quot;value&quot;:&quot;El Salvador&quot;,&quot;label&quot;:&quot;El Salvador&quot;},{&quot;value&quot;:&quot;Equatorial Guinea&quot;,&quot;label&quot;:&quot;Equatorial Guinea&quot;},{&quot;value&quot;:&quot;Eritrea&quot;,&quot;label&quot;:&quot;Eritrea&quot;},{&quot;value&quot;:&quot;Estonia&quot;,&quot;label&quot;:&quot;Estonia&quot;},{&quot;value&quot;:&quot;Ethiopia &quot;,&quot;label&quot;:&quot;Ethiopia &quot;},{&quot;value&quot;:&quot;Falkland Islands (Malvinas)&quot;,&quot;label&quot;:&quot;Falkland Islands (Malvinas)&quot;},{&quot;value&quot;:&quot;Faroe Islands&quot;,&quot;label&quot;:&quot;Faroe Islands&quot;},{&quot;value&quot;:&quot;Fiji&quot;,&quot;label&quot;:&quot;Fiji&quot;},{&quot;value&quot;:&quot;Finland&quot;,&quot;label&quot;:&quot;Finland&quot;},{&quot;value&quot;:&quot;France&quot;,&quot;label&quot;:&quot;France&quot;},{&quot;value&quot;:&quot;French Guiana&quot;,&quot;label&quot;:&quot;French Guiana&quot;},{&quot;value&quot;:&quot;French Polynesia&quot;,&quot;label&quot;:&quot;French Polynesia&quot;},{&quot;value&quot;:&quot;French Southern Territories&quot;,&quot;label&quot;:&quot;French Southern Territories&quot;},{&quot;value&quot;:&quot;Gabon&quot;,&quot;label&quot;:&quot;Gabon&quot;},{&quot;value&quot;:&quot;Gambia&quot;,&quot;label&quot;:&quot;Gambia&quot;},{&quot;value&quot;:&quot;Georgia&quot;,&quot;label&quot;:&quot;Georgia&quot;},{&quot;value&quot;:&quot;Germany&quot;,&quot;label&quot;:&quot;Germany&quot;},{&quot;value&quot;:&quot;Ghana&quot;,&quot;label&quot;:&quot;Ghana&quot;},{&quot;value&quot;:&quot;Gibraltar&quot;,&quot;label&quot;:&quot;Gibraltar&quot;},{&quot;value&quot;:&quot;Greece&quot;,&quot;label&quot;:&quot;Greece&quot;},{&quot;value&quot;:&quot;Greenland&quot;,&quot;label&quot;:&quot;Greenland&quot;},{&quot;value&quot;:&quot;Grenada&quot;,&quot;label&quot;:&quot;Grenada&quot;},{&quot;value&quot;:&quot;Guadeloupe&quot;,&quot;label&quot;:&quot;Guadeloupe&quot;},{&quot;value&quot;:&quot;Guam&quot;,&quot;label&quot;:&quot;Guam&quot;},{&quot;value&quot;:&quot;Guatemala&quot;,&quot;label&quot;:&quot;Guatemala&quot;},{&quot;value&quot;:&quot;Guinea&quot;,&quot;label&quot;:&quot;Guinea&quot;},{&quot;value&quot;:&quot;Guinea-Bissau&quot;,&quot;label&quot;:&quot;Guinea-Bissau&quot;},{&quot;value&quot;:&quot;Guernsey&quot;,&quot;label&quot;:&quot;Guernsey&quot;},{&quot;value&quot;:&quot;Guyana&quot;,&quot;label&quot;:&quot;Guyana&quot;},{&quot;value&quot;:&quot;Heard and McDonald Islands&quot;,&quot;label&quot;:&quot;Heard and McDonald Islands&quot;},{&quot;value&quot;:&quot;Vatican City State (Holy See)&quot;,&quot;label&quot;:&quot;Holy See (Vatican City State) &quot;},{&quot;value&quot;:&quot;Honduras&quot;,&quot;label&quot;:&quot;Honduras&quot;},{&quot;value&quot;:&quot;Hong Kong&quot;,&quot;label&quot;:&quot;Hong Kong&quot;},{&quot;value&quot;:&quot;Hungary&quot;,&quot;label&quot;:&quot;Hungary&quot;},{&quot;value&quot;:&quot;Iceland&quot;,&quot;label&quot;:&quot;Iceland&quot;},{&quot;value&quot;:&quot;India&quot;,&quot;label&quot;:&quot;India&quot;},{&quot;value&quot;:&quot;Indonesia&quot;,&quot;label&quot;:&quot;Indonesia&quot;},{&quot;value&quot;:&quot;Ireland&quot;,&quot;label&quot;:&quot;Ireland&quot;},{&quot;value&quot;:&quot;Isle of Man&quot;,&quot;label&quot;:&quot;Isle of Man&quot;},{&quot;value&quot;:&quot;Israel&quot;,&quot;label&quot;:&quot;Israel&quot;},{&quot;value&quot;:&quot;Italy&quot;,&quot;label&quot;:&quot;Italy&quot;},{&quot;value&quot;:&quot;Jamaica &quot;,&quot;label&quot;:&quot;Jamaica &quot;},{&quot;value&quot;:&quot;Japan&quot;,&quot;label&quot;:&quot;Japan&quot;},{&quot;value&quot;:&quot;Jersey&quot;,&quot;label&quot;:&quot;Jersey&quot;},{&quot;value&quot;:&quot;Jordan&quot;,&quot;label&quot;:&quot;Jordan&quot;},{&quot;value&quot;:&quot;Kazakhstan&quot;,&quot;label&quot;:&quot;Kazakhstan&quot;},{&quot;value&quot;:&quot;Kenya&quot;,&quot;label&quot;:&quot;Kenya&quot;},{&quot;value&quot;:&quot;Kiribati&quot;,&quot;label&quot;:&quot;Kiribati&quot;},{&quot;value&quot;:&quot;Korea, Republic of&quot;,&quot;label&quot;:&quot;Korea, Republic of&quot;},{&quot;value&quot;:&quot;Kuwait&quot;,&quot;label&quot;:&quot;Kuwait&quot;},{&quot;value&quot;:&quot;Kyrgyzstan&quot;,&quot;label&quot;:&quot;Kyrgyzstan&quot;},{&quot;value&quot;:&quot;Lao People's Democratic Rep&quot;,&quot;label&quot;:&quot;Lao People's Democratic Rep&quot;},{&quot;value&quot;:&quot;Latvia&quot;,&quot;label&quot;:&quot;Latvia&quot;},{&quot;value&quot;:&quot;Lebanon&quot;,&quot;label&quot;:&quot;Lebanon&quot;},{&quot;value&quot;:&quot;Lesotho&quot;,&quot;label&quot;:&quot;Lesotho&quot;},{&quot;value&quot;:&quot;Liberia&quot;,&quot;label&quot;:&quot;Liberia&quot;},{&quot;value&quot;:&quot;Liechtenstein&quot;,&quot;label&quot;:&quot;Liechtenstein&quot;},{&quot;value&quot;:&quot;Lithuania&quot;,&quot;label&quot;:&quot;Lithuania&quot;},{&quot;value&quot;:&quot;Luxembourg&quot;,&quot;label&quot;:&quot;Luxembourg&quot;},{&quot;value&quot;:&quot;Macau&quot;,&quot;label&quot;:&quot;Macau&quot;},{&quot;value&quot;:&quot;Madagascar&quot;,&quot;label&quot;:&quot;Madagascar&quot;},{&quot;value&quot;:&quot;Malawi&quot;,&quot;label&quot;:&quot;Malawi&quot;},{&quot;value&quot;:&quot;Malaysia&quot;,&quot;label&quot;:&quot;Malaysia&quot;},{&quot;value&quot;:&quot;Maldives&quot;,&quot;label&quot;:&quot;Maldives&quot;},{&quot;value&quot;:&quot;Malta&quot;,&quot;label&quot;:&quot;Malta&quot;},{&quot;value&quot;:&quot;Marshall Islands&quot;,&quot;label&quot;:&quot;Marshall Islands&quot;},{&quot;value&quot;:&quot;Martinique&quot;,&quot;label&quot;:&quot;Martinique&quot;},{&quot;value&quot;:&quot;Mauritania&quot;,&quot;label&quot;:&quot;Mauritania&quot;},{&quot;value&quot;:&quot;Mauritius&quot;,&quot;label&quot;:&quot;Mauritius&quot;},{&quot;value&quot;:&quot;Mayotte&quot;,&quot;label&quot;:&quot;Mayotte&quot;},{&quot;value&quot;:&quot;Mexico&quot;,&quot;label&quot;:&quot;Mexico&quot;},{&quot;value&quot;:&quot;Micronesia, Federated States&quot;,&quot;label&quot;:&quot;Micronesia, Federated States&quot;},{&quot;value&quot;:&quot;Moldova, Republic of&quot;,&quot;label&quot;:&quot;Moldova, Republic of&quot;},{&quot;value&quot;:&quot;Monaco &quot;,&quot;label&quot;:&quot;Monaco &quot;},{&quot;value&quot;:&quot;Mongolia&quot;,&quot;label&quot;:&quot;Mongolia&quot;},{&quot;value&quot;:&quot;Montenegro&quot;,&quot;label&quot;:&quot;Montenegro&quot;},{&quot;value&quot;:&quot;Montserrat&quot;,&quot;label&quot;:&quot;Montserrat&quot;},{&quot;value&quot;:&quot;Morocco&quot;,&quot;label&quot;:&quot;Morocco&quot;},{&quot;value&quot;:&quot;Mozambique&quot;,&quot;label&quot;:&quot;Mozambique&quot;},{&quot;value&quot;:&quot;Namibia&quot;,&quot;label&quot;:&quot;Namibia&quot;},{&quot;value&quot;:&quot;Nauru&quot;,&quot;label&quot;:&quot;Nauru&quot;},{&quot;value&quot;:&quot;Nepal&quot;,&quot;label&quot;:&quot;Nepal&quot;},{&quot;value&quot;:&quot;Netherlands&quot;,&quot;label&quot;:&quot;Netherlands&quot;},{&quot;value&quot;:&quot;Netherlands Antilles&quot;,&quot;label&quot;:&quot;Netherlands Antilles&quot;},{&quot;value&quot;:&quot;New Caledonia&quot;,&quot;label&quot;:&quot;New Caledonia&quot;},{&quot;value&quot;:&quot;New Zealand&quot;,&quot;label&quot;:&quot;New Zealand&quot;},{&quot;value&quot;:&quot;Niger&quot;,&quot;label&quot;:&quot;Niger&quot;},{&quot;value&quot;:&quot;Nigeria&quot;,&quot;label&quot;:&quot;Nigeria&quot;},{&quot;value&quot;:&quot;Niue&quot;,&quot;label&quot;:&quot;Niue&quot;},{&quot;value&quot;:&quot;Norfolk Island&quot;,&quot;label&quot;:&quot;Norfolk Island&quot;},{&quot;value&quot;:&quot;Northern Mariana Islands &quot;,&quot;label&quot;:&quot;Northern Mariana Islands &quot;},{&quot;value&quot;:&quot;Norway&quot;,&quot;label&quot;:&quot;Norway&quot;},{&quot;value&quot;:&quot;Oman&quot;,&quot;label&quot;:&quot;Oman&quot;},{&quot;value&quot;:&quot;Pakistan&quot;,&quot;label&quot;:&quot;Pakistan&quot;},{&quot;value&quot;:&quot;Palau&quot;,&quot;label&quot;:&quot;Palau&quot;},{&quot;value&quot;:&quot;Palestinian Territory, Occupied&quot;,&quot;label&quot;:&quot;Palestinian Territory, Occupied&quot;},{&quot;value&quot;:&quot;Panama&quot;,&quot;label&quot;:&quot;Panama&quot;},{&quot;value&quot;:&quot;Papua New Guinea&quot;,&quot;label&quot;:&quot;Papua New Guinea&quot;},{&quot;value&quot;:&quot;Paraguay&quot;,&quot;label&quot;:&quot;Paraguay&quot;},{&quot;value&quot;:&quot;Peru&quot;,&quot;label&quot;:&quot;Peru&quot;},{&quot;value&quot;:&quot;Philippines&quot;,&quot;label&quot;:&quot;Philippines&quot;},{&quot;value&quot;:&quot;Pitcairn&quot;,&quot;label&quot;:&quot;Pitcairn&quot;},{&quot;value&quot;:&quot;Poland&quot;,&quot;label&quot;:&quot;Poland&quot;},{&quot;value&quot;:&quot;Portugal&quot;,&quot;label&quot;:&quot;Portugal&quot;},{&quot;value&quot;:&quot;Puerto Rico&quot;,&quot;label&quot;:&quot;Puerto Rico&quot;},{&quot;value&quot;:&quot;Qatar&quot;,&quot;label&quot;:&quot;Qatar&quot;},{&quot;value&quot;:&quot;Republic of North Macedonia&quot;,&quot;label&quot;:&quot;Republic of North Macedonia&quot;},{&quot;value&quot;:&quot;Reunion&quot;,&quot;label&quot;:&quot;Reunion&quot;},{&quot;value&quot;:&quot;Romania&quot;,&quot;label&quot;:&quot;Romania&quot;},{&quot;value&quot;:&quot;Rwanda&quot;,&quot;label&quot;:&quot;Rwanda&quot;},{&quot;value&quot;:&quot;Saint Helena&quot;,&quot;label&quot;:&quot;Saint Helena&quot;},{&quot;value&quot;:&quot;Saint Kitts and Nevis&quot;,&quot;label&quot;:&quot;Saint Kitts and Nevis&quot;},{&quot;value&quot;:&quot;Saint Lucia&quot;,&quot;label&quot;:&quot;Saint Lucia&quot;},{&quot;value&quot;:&quot;Netherlands Antilles&quot;,&quot;label&quot;:&quot;Saint Martin&quot;},{&quot;value&quot;:&quot;Saint Pierre and Miquelon&quot;,&quot;label&quot;:&quot;Saint Pierre and Miquelon&quot;},{&quot;value&quot;:&quot;Samoa&quot;,&quot;label&quot;:&quot;Samoa&quot;},{&quot;value&quot;:&quot;San Marino&quot;,&quot;label&quot;:&quot;San Marino&quot;},{&quot;value&quot;:&quot;Sao Tome and Principe&quot;,&quot;label&quot;:&quot;Sao Tome and Principe&quot;},{&quot;value&quot;:&quot;Saudi Arabia&quot;,&quot;label&quot;:&quot;Saudi Arabia&quot;},{&quot;value&quot;:&quot;Senegal&quot;,&quot;label&quot;:&quot;Senegal&quot;},{&quot;value&quot;:&quot;Serbia&quot;,&quot;label&quot;:&quot;Serbia&quot;},{&quot;value&quot;:&quot;Seychelles&quot;,&quot;label&quot;:&quot;Seychelles&quot;},{&quot;value&quot;:&quot;Sierra Leone&quot;,&quot;label&quot;:&quot;Sierra Leone&quot;},{&quot;value&quot;:&quot;Singapore&quot;,&quot;label&quot;:&quot;Singapore&quot;},{&quot;value&quot;:&quot;Slovakia&quot;,&quot;label&quot;:&quot;Slovakia&quot;},{&quot;value&quot;:&quot;Slovenia&quot;,&quot;label&quot;:&quot;Slovenia&quot;},{&quot;value&quot;:&quot;Solomon Islands&quot;,&quot;label&quot;:&quot;Solomon Islands&quot;},{&quot;value&quot;:&quot;South Africa&quot;,&quot;label&quot;:&quot;South Africa&quot;},{&quot;value&quot;:&quot;Spain&quot;,&quot;label&quot;:&quot;Spain&quot;},{&quot;value&quot;:&quot;Sri Lanka&quot;,&quot;label&quot;:&quot;Sri Lanka&quot;},{&quot;value&quot;:&quot;Sth Georgia &amp; Sth Sandwich Is&quot;,&quot;label&quot;:&quot;Sth Georgia &amp; Sth Sandwich Is&quot;},{&quot;value&quot;:&quot;St Vincent and the Grenadines &quot;,&quot;label&quot;:&quot;St Vincent and the Grenadines &quot;},{&quot;value&quot;:&quot;Suriname&quot;,&quot;label&quot;:&quot;Suriname&quot;},{&quot;value&quot;:&quot;Svalbard and Jan Mayen&quot;,&quot;label&quot;:&quot;Svalbard and Jan Mayen&quot;},{&quot;value&quot;:&quot;Swaziland&quot;,&quot;label&quot;:&quot;Swaziland&quot;},{&quot;value&quot;:&quot;Sweden&quot;,&quot;label&quot;:&quot;Sweden&quot;},{&quot;value&quot;:&quot;Switzerland&quot;,&quot;label&quot;:&quot;Switzerland&quot;},{&quot;value&quot;:&quot;Taiwan&quot;,&quot;label&quot;:&quot;Taiwan&quot;},{&quot;value&quot;:&quot;Tajikistan &quot;,&quot;label&quot;:&quot;Tajikistan &quot;},{&quot;value&quot;:&quot;Tanzania, United Republic of&quot;,&quot;label&quot;:&quot;Tanzania, United Republic of&quot;},{&quot;value&quot;:&quot;Thailand&quot;,&quot;label&quot;:&quot;Thailand&quot;},{&quot;value&quot;:&quot;Timor-Leste&quot;,&quot;label&quot;:&quot;Timor-Leste&quot;},{&quot;value&quot;:&quot;Togo&quot;,&quot;label&quot;:&quot;Togo&quot;},{&quot;value&quot;:&quot;Tokelau&quot;,&quot;label&quot;:&quot;Tokelau&quot;},{&quot;value&quot;:&quot;Tonga&quot;,&quot;label&quot;:&quot;Tonga&quot;},{&quot;value&quot;:&quot;Trinidad and Tobago&quot;,&quot;label&quot;:&quot;Trinidad and Tobago&quot;},{&quot;value&quot;:&quot;Tunisia&quot;,&quot;label&quot;:&quot;Tunisia&quot;},{&quot;value&quot;:&quot;Turkey&quot;,&quot;label&quot;:&quot;Turkey&quot;},{&quot;value&quot;:&quot;Turkmenistan&quot;,&quot;label&quot;:&quot;Turkmenistan&quot;},{&quot;value&quot;:&quot;Turks and Caicos Islands&quot;,&quot;label&quot;:&quot;Turks and Caicos Islands&quot;},{&quot;value&quot;:&quot;Tuvalu&quot;,&quot;label&quot;:&quot;Tuvalu&quot;},{&quot;value&quot;:&quot;Uganda&quot;,&quot;label&quot;:&quot;Uganda&quot;},{&quot;value&quot;:&quot;United Arab Emirates&quot;,&quot;label&quot;:&quot;United Arab Emirates&quot;},{&quot;value&quot;:&quot;United Kingdom&quot;,&quot;label&quot;:&quot;United Kingdom&quot;},{&quot;value&quot;:&quot;United States&quot;,&quot;label&quot;:&quot;United States&quot;},{&quot;value&quot;:&quot;Uruguay&quot;,&quot;label&quot;:&quot;Uruguay&quot;},{&quot;value&quot;:&quot;US Minor Outlying Islands&quot;,&quot;label&quot;:&quot;US Minor Outlying Islands&quot;},{&quot;value&quot;:&quot;Uzbekistan&quot;,&quot;label&quot;:&quot;Uzbekistan&quot;},{&quot;value&quot;:&quot;Vanuatu&quot;,&quot;label&quot;:&quot;Vanuatu&quot;},{&quot;value&quot;:&quot;Vietnam&quot;,&quot;label&quot;:&quot;Vietnam&quot;},{&quot;value&quot;:&quot;Virgin Islands (British)&quot;,&quot;label&quot;:&quot;Virgin Islands (British)&quot;},{&quot;value&quot;:&quot;Virgin Islands (U.S.)&quot;,&quot;label&quot;:&quot;Virgin Islands (U.S.)&quot;},{&quot;value&quot;:&quot;Wallis and Futuna Islands&quot;,&quot;label&quot;:&quot;Wallis and Futuna Islands&quot;},{&quot;value&quot;:&quot;Western Sahara&quot;,&quot;label&quot;:&quot;Western Sahara&quot;},{&quot;value&quot;:&quot;Zambia&quot;,&quot;label&quot;:&quot;Zambia&quot;}]"
          data-placeholder="false" data-placeholder-text="form-select-placeholder-option" data-rehydratable="FormNew.SelectControl" data-required="true" data-tabindex="0" data-error-message="Select a country"><label
            for="select-country-a1a2089c"><select class="" id="select-country-a1a2089c" name="country" required="" tabindex="0" role="selectcontrol" aria-describedby="error-select-country-a1a2089c">
              <option class="FormNewSelectControl-option" value="">Select one</option>
              <option class="FormNewSelectControl-option" value="Aland Islands">Aland Islands</option>
              <option class="FormNewSelectControl-option" value="Albania">Albania</option>
              <option class="FormNewSelectControl-option" value="Algeria">Algeria</option>
              <option class="FormNewSelectControl-option" value="American Samoa">American Samoa</option>
              <option class="FormNewSelectControl-option" value="Andorra">Andorra</option>
              <option class="FormNewSelectControl-option" value="Angola">Angola</option>
              <option class="FormNewSelectControl-option" value="Anguilla">Anguilla</option>
              <option class="FormNewSelectControl-option" value="Antarctica">Antarctica</option>
              <option class="FormNewSelectControl-option" value="Antigua and Barbuda">Antigua and Barbuda</option>
              <option class="FormNewSelectControl-option" value="Argentina ">Argentina </option>
              <option class="FormNewSelectControl-option" value="Armenia">Armenia</option>
              <option class="FormNewSelectControl-option" value="Aruba">Aruba</option>
              <option class="FormNewSelectControl-option" value="Australia ">Australia </option>
              <option class="FormNewSelectControl-option" value="Austria">Austria</option>
              <option class="FormNewSelectControl-option" value="Azerbaijan">Azerbaijan</option>
              <option class="FormNewSelectControl-option" value="Bahamas">Bahamas</option>
              <option class="FormNewSelectControl-option" value="Bahrain">Bahrain</option>
              <option class="FormNewSelectControl-option" value="Bangladesh">Bangladesh</option>
              <option class="FormNewSelectControl-option" value="Barbados">Barbados</option>
              <option class="FormNewSelectControl-option" value="Belgium">Belgium</option>
              <option class="FormNewSelectControl-option" value="Belize">Belize</option>
              <option class="FormNewSelectControl-option" value="Benin">Benin</option>
              <option class="FormNewSelectControl-option" value="Bermuda">Bermuda</option>
              <option class="FormNewSelectControl-option" value="Bhutan">Bhutan</option>
              <option class="FormNewSelectControl-option" value="Bolivia">Bolivia</option>
              <option class="FormNewSelectControl-option" value="Bosnia and Herzegovina">Bosnia and Herzegovina</option>
              <option class="FormNewSelectControl-option" value="Botswana">Botswana</option>
              <option class="FormNewSelectControl-option" value="Bouvet Island">Bouvet Island</option>
              <option class="FormNewSelectControl-option" value="Brazil">Brazil</option>
              <option class="FormNewSelectControl-option" value="British Indian Ocean Territory">British Indian Ocean Territory</option>
              <option class="FormNewSelectControl-option" value="Brunei Darussalam">Brunei Darussalam</option>
              <option class="FormNewSelectControl-option" value="Bulgaria">Bulgaria</option>
              <option class="FormNewSelectControl-option" value="Burkina Faso">Burkina Faso</option>
              <option class="FormNewSelectControl-option" value="Burundi">Burundi</option>
              <option class="FormNewSelectControl-option" value="Cambodia">Cambodia</option>
              <option class="FormNewSelectControl-option" value="Cameroon">Cameroon</option>
              <option class="FormNewSelectControl-option" value="Canada">Canada</option>
              <option class="FormNewSelectControl-option" value="Cape Verde">Cape Verde</option>
              <option class="FormNewSelectControl-option" value="Cayman Islands">Cayman Islands</option>
              <option class="FormNewSelectControl-option" value="Chad">Chad</option>
              <option class="FormNewSelectControl-option" value="Chile">Chile</option>
              <option class="FormNewSelectControl-option" value="China">China</option>
              <option class="FormNewSelectControl-option" value="Christmas Island">Christmas Island</option>
              <option class="FormNewSelectControl-option" value="Cocos (Keeling) Islands">Cocos (Keeling) Islands</option>
              <option class="FormNewSelectControl-option" value="Colombia">Colombia</option>
              <option class="FormNewSelectControl-option" value="Comoros">Comoros</option>
              <option class="FormNewSelectControl-option" value="Congo">Congo</option>
              <option class="FormNewSelectControl-option" value="Congo, The Democratic Republic of the">Congo, The Democratic Republic of the</option>
              <option class="FormNewSelectControl-option" value="Cook Islands">Cook Islands</option>
              <option class="FormNewSelectControl-option" value="Costa Rica">Costa Rica</option>
              <option class="FormNewSelectControl-option" value="Cote D'Ivoire">Cote D'Ivoire</option>
              <option class="FormNewSelectControl-option" value="Croatia">Croatia</option>
              <option class="FormNewSelectControl-option" value="Cyprus">Cyprus</option>
              <option class="FormNewSelectControl-option" value="Czech Republic">Czech Republic</option>
              <option class="FormNewSelectControl-option" value="Denmark">Denmark</option>
              <option class="FormNewSelectControl-option" value="Djibouti">Djibouti</option>
              <option class="FormNewSelectControl-option" value="Dominica">Dominica</option>
              <option class="FormNewSelectControl-option" value="Dominican Republic">Dominican Republic</option>
              <option class="FormNewSelectControl-option" value="Ecuador">Ecuador</option>
              <option class="FormNewSelectControl-option" value="Egypt">Egypt</option>
              <option class="FormNewSelectControl-option" value="El Salvador">El Salvador</option>
              <option class="FormNewSelectControl-option" value="Equatorial Guinea">Equatorial Guinea</option>
              <option class="FormNewSelectControl-option" value="Eritrea">Eritrea</option>
              <option class="FormNewSelectControl-option" value="Estonia">Estonia</option>
              <option class="FormNewSelectControl-option" value="Ethiopia ">Ethiopia </option>
              <option class="FormNewSelectControl-option" value="Falkland Islands (Malvinas)">Falkland Islands (Malvinas)</option>
              <option class="FormNewSelectControl-option" value="Faroe Islands">Faroe Islands</option>
              <option class="FormNewSelectControl-option" value="Fiji">Fiji</option>
              <option class="FormNewSelectControl-option" value="Finland">Finland</option>
              <option class="FormNewSelectControl-option" value="France">France</option>
              <option class="FormNewSelectControl-option" value="French Guiana">French Guiana</option>
              <option class="FormNewSelectControl-option" value="French Polynesia">French Polynesia</option>
              <option class="FormNewSelectControl-option" value="French Southern Territories">French Southern Territories</option>
              <option class="FormNewSelectControl-option" value="Gabon">Gabon</option>
              <option class="FormNewSelectControl-option" value="Gambia">Gambia</option>
              <option class="FormNewSelectControl-option" value="Georgia">Georgia</option>
              <option class="FormNewSelectControl-option" value="Germany">Germany</option>
              <option class="FormNewSelectControl-option" value="Ghana">Ghana</option>
              <option class="FormNewSelectControl-option" value="Gibraltar">Gibraltar</option>
              <option class="FormNewSelectControl-option" value="Greece">Greece</option>
              <option class="FormNewSelectControl-option" value="Greenland">Greenland</option>
              <option class="FormNewSelectControl-option" value="Grenada">Grenada</option>
              <option class="FormNewSelectControl-option" value="Guadeloupe">Guadeloupe</option>
              <option class="FormNewSelectControl-option" value="Guam">Guam</option>
              <option class="FormNewSelectControl-option" value="Guatemala">Guatemala</option>
              <option class="FormNewSelectControl-option" value="Guinea">Guinea</option>
              <option class="FormNewSelectControl-option" value="Guinea-Bissau">Guinea-Bissau</option>
              <option class="FormNewSelectControl-option" value="Guernsey">Guernsey</option>
              <option class="FormNewSelectControl-option" value="Guyana">Guyana</option>
              <option class="FormNewSelectControl-option" value="Heard and McDonald Islands">Heard and McDonald Islands</option>
              <option class="FormNewSelectControl-option" value="Vatican City State (Holy See)">Holy See (Vatican City State) </option>
              <option class="FormNewSelectControl-option" value="Honduras">Honduras</option>
              <option class="FormNewSelectControl-option" value="Hong Kong">Hong Kong</option>
              <option class="FormNewSelectControl-option" value="Hungary">Hungary</option>
              <option class="FormNewSelectControl-option" value="Iceland">Iceland</option>
              <option class="FormNewSelectControl-option" value="India">India</option>
              <option class="FormNewSelectControl-option" value="Indonesia">Indonesia</option>
              <option class="FormNewSelectControl-option" value="Ireland">Ireland</option>
              <option class="FormNewSelectControl-option" value="Isle of Man">Isle of Man</option>
              <option class="FormNewSelectControl-option" value="Israel">Israel</option>
              <option class="FormNewSelectControl-option" value="Italy">Italy</option>
              <option class="FormNewSelectControl-option" value="Jamaica ">Jamaica </option>
              <option class="FormNewSelectControl-option" value="Japan">Japan</option>
              <option class="FormNewSelectControl-option" value="Jersey">Jersey</option>
              <option class="FormNewSelectControl-option" value="Jordan">Jordan</option>
              <option class="FormNewSelectControl-option" value="Kazakhstan">Kazakhstan</option>
              <option class="FormNewSelectControl-option" value="Kenya">Kenya</option>
              <option class="FormNewSelectControl-option" value="Kiribati">Kiribati</option>
              <option class="FormNewSelectControl-option" value="Korea, Republic of">Korea, Republic of</option>
              <option class="FormNewSelectControl-option" value="Kuwait">Kuwait</option>
              <option class="FormNewSelectControl-option" value="Kyrgyzstan">Kyrgyzstan</option>
              <option class="FormNewSelectControl-option" value="Lao People's Democratic Rep">Lao People's Democratic Rep</option>
              <option class="FormNewSelectControl-option" value="Latvia">Latvia</option>
              <option class="FormNewSelectControl-option" value="Lebanon">Lebanon</option>
              <option class="FormNewSelectControl-option" value="Lesotho">Lesotho</option>
              <option class="FormNewSelectControl-option" value="Liberia">Liberia</option>
              <option class="FormNewSelectControl-option" value="Liechtenstein">Liechtenstein</option>
              <option class="FormNewSelectControl-option" value="Lithuania">Lithuania</option>
              <option class="FormNewSelectControl-option" value="Luxembourg">Luxembourg</option>
              <option class="FormNewSelectControl-option" value="Macau">Macau</option>
              <option class="FormNewSelectControl-option" value="Madagascar">Madagascar</option>
              <option class="FormNewSelectControl-option" value="Malawi">Malawi</option>
              <option class="FormNewSelectControl-option" value="Malaysia">Malaysia</option>
              <option class="FormNewSelectControl-option" value="Maldives">Maldives</option>
              <option class="FormNewSelectControl-option" value="Malta">Malta</option>
              <option class="FormNewSelectControl-option" value="Marshall Islands">Marshall Islands</option>
              <option class="FormNewSelectControl-option" value="Martinique">Martinique</option>
              <option class="FormNewSelectControl-option" value="Mauritania">Mauritania</option>
              <option class="FormNewSelectControl-option" value="Mauritius">Mauritius</option>
              <option class="FormNewSelectControl-option" value="Mayotte">Mayotte</option>
              <option class="FormNewSelectControl-option" value="Mexico">Mexico</option>
              <option class="FormNewSelectControl-option" value="Micronesia, Federated States">Micronesia, Federated States</option>
              <option class="FormNewSelectControl-option" value="Moldova, Republic of">Moldova, Republic of</option>
              <option class="FormNewSelectControl-option" value="Monaco ">Monaco </option>
              <option class="FormNewSelectControl-option" value="Mongolia">Mongolia</option>
              <option class="FormNewSelectControl-option" value="Montenegro">Montenegro</option>
              <option class="FormNewSelectControl-option" value="Montserrat">Montserrat</option>
              <option class="FormNewSelectControl-option" value="Morocco">Morocco</option>
              <option class="FormNewSelectControl-option" value="Mozambique">Mozambique</option>
              <option class="FormNewSelectControl-option" value="Namibia">Namibia</option>
              <option class="FormNewSelectControl-option" value="Nauru">Nauru</option>
              <option class="FormNewSelectControl-option" value="Nepal">Nepal</option>
              <option class="FormNewSelectControl-option" value="Netherlands">Netherlands</option>
              <option class="FormNewSelectControl-option" value="Netherlands Antilles">Netherlands Antilles</option>
              <option class="FormNewSelectControl-option" value="New Caledonia">New Caledonia</option>
              <option class="FormNewSelectControl-option" value="New Zealand">New Zealand</option>
              <option class="FormNewSelectControl-option" value="Niger">Niger</option>
              <option class="FormNewSelectControl-option" value="Nigeria">Nigeria</option>
              <option class="FormNewSelectControl-option" value="Niue">Niue</option>
              <option class="FormNewSelectControl-option" value="Norfolk Island">Norfolk Island</option>
              <option class="FormNewSelectControl-option" value="Northern Mariana Islands ">Northern Mariana Islands </option>
              <option class="FormNewSelectControl-option" value="Norway">Norway</option>
              <option class="FormNewSelectControl-option" value="Oman">Oman</option>
              <option class="FormNewSelectControl-option" value="Pakistan">Pakistan</option>
              <option class="FormNewSelectControl-option" value="Palau">Palau</option>
              <option class="FormNewSelectControl-option" value="Palestinian Territory, Occupied">Palestinian Territory, Occupied</option>
              <option class="FormNewSelectControl-option" value="Panama">Panama</option>
              <option class="FormNewSelectControl-option" value="Papua New Guinea">Papua New Guinea</option>
              <option class="FormNewSelectControl-option" value="Paraguay">Paraguay</option>
              <option class="FormNewSelectControl-option" value="Peru">Peru</option>
              <option class="FormNewSelectControl-option" value="Philippines">Philippines</option>
              <option class="FormNewSelectControl-option" value="Pitcairn">Pitcairn</option>
              <option class="FormNewSelectControl-option" value="Poland">Poland</option>
              <option class="FormNewSelectControl-option" value="Portugal">Portugal</option>
              <option class="FormNewSelectControl-option" value="Puerto Rico">Puerto Rico</option>
              <option class="FormNewSelectControl-option" value="Qatar">Qatar</option>
              <option class="FormNewSelectControl-option" value="Republic of North Macedonia">Republic of North Macedonia</option>
              <option class="FormNewSelectControl-option" value="Reunion">Reunion</option>
              <option class="FormNewSelectControl-option" value="Romania">Romania</option>
              <option class="FormNewSelectControl-option" value="Rwanda">Rwanda</option>
              <option class="FormNewSelectControl-option" value="Saint Helena">Saint Helena</option>
              <option class="FormNewSelectControl-option" value="Saint Kitts and Nevis">Saint Kitts and Nevis</option>
              <option class="FormNewSelectControl-option" value="Saint Lucia">Saint Lucia</option>
              <option class="FormNewSelectControl-option" value="Netherlands Antilles">Saint Martin</option>
              <option class="FormNewSelectControl-option" value="Saint Pierre and Miquelon">Saint Pierre and Miquelon</option>
              <option class="FormNewSelectControl-option" value="Samoa">Samoa</option>
              <option class="FormNewSelectControl-option" value="San Marino">San Marino</option>
              <option class="FormNewSelectControl-option" value="Sao Tome and Principe">Sao Tome and Principe</option>
              <option class="FormNewSelectControl-option" value="Saudi Arabia">Saudi Arabia</option>
              <option class="FormNewSelectControl-option" value="Senegal">Senegal</option>
              <option class="FormNewSelectControl-option" value="Serbia">Serbia</option>
              <option class="FormNewSelectControl-option" value="Seychelles">Seychelles</option>
              <option class="FormNewSelectControl-option" value="Sierra Leone">Sierra Leone</option>
              <option class="FormNewSelectControl-option" value="Singapore">Singapore</option>
              <option class="FormNewSelectControl-option" value="Slovakia">Slovakia</option>
              <option class="FormNewSelectControl-option" value="Slovenia">Slovenia</option>
              <option class="FormNewSelectControl-option" value="Solomon Islands">Solomon Islands</option>
              <option class="FormNewSelectControl-option" value="South Africa">South Africa</option>
              <option class="FormNewSelectControl-option" value="Spain">Spain</option>
              <option class="FormNewSelectControl-option" value="Sri Lanka">Sri Lanka</option>
              <option class="FormNewSelectControl-option" value="Sth Georgia &amp; Sth Sandwich Is">Sth Georgia &amp; Sth Sandwich Is</option>
              <option class="FormNewSelectControl-option" value="St Vincent and the Grenadines ">St Vincent and the Grenadines </option>
              <option class="FormNewSelectControl-option" value="Suriname">Suriname</option>
              <option class="FormNewSelectControl-option" value="Svalbard and Jan Mayen">Svalbard and Jan Mayen</option>
              <option class="FormNewSelectControl-option" value="Swaziland">Swaziland</option>
              <option class="FormNewSelectControl-option" value="Sweden">Sweden</option>
              <option class="FormNewSelectControl-option" value="Switzerland">Switzerland</option>
              <option class="FormNewSelectControl-option" value="Taiwan">Taiwan</option>
              <option class="FormNewSelectControl-option" value="Tajikistan ">Tajikistan </option>
              <option class="FormNewSelectControl-option" value="Tanzania, United Republic of">Tanzania, United Republic of</option>
              <option class="FormNewSelectControl-option" value="Thailand">Thailand</option>
              <option class="FormNewSelectControl-option" value="Timor-Leste">Timor-Leste</option>
              <option class="FormNewSelectControl-option" value="Togo">Togo</option>
              <option class="FormNewSelectControl-option" value="Tokelau">Tokelau</option>
              <option class="FormNewSelectControl-option" value="Tonga">Tonga</option>
              <option class="FormNewSelectControl-option" value="Trinidad and Tobago">Trinidad and Tobago</option>
              <option class="FormNewSelectControl-option" value="Tunisia">Tunisia</option>
              <option class="FormNewSelectControl-option" value="Turkey">Turkey</option>
              <option class="FormNewSelectControl-option" value="Turkmenistan">Turkmenistan</option>
              <option class="FormNewSelectControl-option" value="Turks and Caicos Islands">Turks and Caicos Islands</option>
              <option class="FormNewSelectControl-option" value="Tuvalu">Tuvalu</option>
              <option class="FormNewSelectControl-option" value="Uganda">Uganda</option>
              <option class="FormNewSelectControl-option" value="United Arab Emirates">United Arab Emirates</option>
              <option class="FormNewSelectControl-option" value="United Kingdom">United Kingdom</option>
              <option class="FormNewSelectControl-option" value="United States">United States</option>
              <option class="FormNewSelectControl-option" value="Uruguay">Uruguay</option>
              <option class="FormNewSelectControl-option" value="US Minor Outlying Islands">US Minor Outlying Islands</option>
              <option class="FormNewSelectControl-option" value="Uzbekistan">Uzbekistan</option>
              <option class="FormNewSelectControl-option" value="Vanuatu">Vanuatu</option>
              <option class="FormNewSelectControl-option" value="Vietnam">Vietnam</option>
              <option class="FormNewSelectControl-option" value="Virgin Islands (British)">Virgin Islands (British)</option>
              <option class="FormNewSelectControl-option" value="Virgin Islands (U.S.)">Virgin Islands (U.S.)</option>
              <option class="FormNewSelectControl-option" value="Wallis and Futuna Islands">Wallis and Futuna Islands</option>
              <option class="FormNewSelectControl-option" value="Western Sahara">Western Sahara</option>
              <option class="FormNewSelectControl-option" value="Zambia">Zambia</option>
            </select><span class="FormNewSelectControl-labelText Typestack--p1">Country/territory</span><span class="FormNewSelectControl-arrow"><svg class="Icon Icon--s" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32"
                xmlns:xlink="http://www.w3.org/1999/xlink" aria-hidden="true">
                <path fill="" d="M17.037 16.745l5.508-5.345L24 12.814l-7.996 7.778L8 12.814 9.455 11.4l5.52 5.367 1.025.994z"></path>
              </svg></span>
            <div class="FormNewSelectControl-errorIcon"><svg class="Icon Icon--s" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" xmlns:xlink="http://www.w3.org/1999/xlink" aria-hidden="true">
                <path fill=""
                  d="M16,2 C23.7319865,2 30,8.2680135 30,16 C30,23.7319865 23.7319865,30 16,30 C8.2680135,30 2,23.7319865 2,16 C2,8.2680135 8.2680135,2 16,2 Z M16,4 C9.372583,4 4,9.372583 4,16 C4,22.627417 9.372583,28 16,28 C22.627417,28 28,22.627417 28,16 C28,9.372583 22.627417,4 16,4 Z M15,8 L17,8 L17,19 L15,19 L15,8 Z M16,24 C16.5522847,24 17,23.5522847 17,23 C17,22.4477153 16.5522847,22 16,22 C15.4477153,22 15,22.4477153 15,23 C15,23.5522847 15.4477153,24 16,24 Z">
                </path>
              </svg></div><span id="error-select-country-a1a2089c" class="FormNewSelectControl-message Typestack--p2" role="alert">Select a country</span>
          </label></div>
      </div>
      <div class="VerticalSpacing VerticalSpacing--s">
        <div class="RichText   ">
          <p>Subscribe to an email recap from:</p>
        </div>
      </div>
      <div class="FormNewCheckboxControl">
        <label for="cbox-ftserussell-f48146f70">
          <input id="cbox-ftserussell-f48146f70" name="ftserussell" type="checkbox" value="on">
          <span class="FormNewCheckboxControl-labelText Typestack--p1">FTSE Russell</span>
        </label>
      </div>
      <div class="VerticalSpacing VerticalSpacing--m">
        <div class="FormNewCheckboxControl">
          <label for="cbox-dataandanalytics-f48146f71">
            <input id="cbox-dataandanalytics-f48146f71" name="dataandanalytics" type="checkbox" value="on">
            <span class="FormNewCheckboxControl-labelText Typestack--p1">Data &amp; Analytics</span>
          </label>
        </div>
      </div>
      <input class="FormNewCampaignControl" data-parameter-to-track="elqCampaignId" data-default-value="21827" data-rehydratable="FormNew.CampaignControl" type="hidden" name="elqCampaignId" value="23395">
      <input name="leadSource" type="hidden" autocomplete="off">
      <input name="secondaryLeadSource" type="hidden" autocomplete="off" value="LSEG.com Insights - English">
      <input class="FormNewCampaignControl" data-parameter-to-track="page_title" data-rehydratable="FormNew.CampaignControl" type="hidden" name="page_title" value="Sentiment as a risk indicator: when does it work best? | LSEG">
      <input class="FormNewCampaignControl" data-parameter-to-track="product_family" data-rehydratable="FormNew.CampaignControl" type="hidden" name="product_family" value="LSEG D&amp;A">
      <input class="FormNewCampaignControl" data-parameter-to-track="utm_campaign" data-rehydratable="FormNew.CampaignControl" type="hidden" name="utm_campaign" value="3001867_QuantsEmails">
      <input class="FormNewCampaignControl" data-parameter-to-track="utm_content" data-rehydratable="FormNew.CampaignControl" type="hidden" name="utm_content" value="3001867_QuantsEmails+Email5">
      <input class="FormNewCampaignControl" data-parameter-to-track="utm_medium" data-rehydratable="FormNew.CampaignControl" type="hidden" name="utm_medium" value="email">
      <input class="FormNewCampaignControl" data-parameter-to-track="utm_source" data-rehydratable="FormNew.CampaignControl" type="hidden" name="utm_source" value="Eloqua">
      <input class="FormNewCampaignControl" data-parameter-to-track="utm_term" data-rehydratable="FormNew.CampaignControl" type="hidden" name="utm_term" value="">
      <input class="FormNewCampaignControl" data-parameter-to-track="referrer_url" data-rehydratable="FormNew.CampaignControl" type="hidden" name="referrer_url" value="">
      <input class="FormNewCampaignControl" data-parameter-to-track="source_url" data-rehydratable="FormNew.CampaignControl" type="hidden" name="source_url"
        value="https://www.lseg.com/en/insights/data-analytics/sentiment-as-risk-indicator-when-does-it-work-best?utm_source=Eloqua&amp;utm_medium=email&amp;utm_campaign=3001867_QuantsEmails&amp;utm_content=3001867_QuantsEmails%2BEmail5&amp;elqCampaignId=23395&amp;cid=1005739&amp;elqTrackId=0D4839F46E5DDB6754ED34808BB9FB9D&amp;elq=680fa01144674f7ca2fcc15bc2f51df3&amp;elqaid=133806&amp;elqat=1&amp;elqCampaignId=23395">
      <input class="FormNewCampaignControl" data-parameter-to-track="referredBy" data-rehydratable="FormNew.CampaignControl" type="hidden" name="referredBy" value="">
      <div class="VerticalSpacing VerticalSpacing--s">
        <div class="FormNewPrivacyControl"
          data-compliant-countries="[&quot;Austria&quot;,&quot;Belgium&quot;,&quot;Bulgaria&quot;,&quot;Canada&quot;,&quot;China&quot;,&quot;Colombia&quot;,&quot;Croatia&quot;,&quot;Cyprus&quot;,&quot;Czech Republic&quot;,&quot;Denmark&quot;,&quot;Estonia&quot;,&quot;Finland&quot;,&quot;France&quot;,&quot;Germany&quot;,&quot;Greece&quot;,&quot;Hungary&quot;,&quot;Iceland&quot;,&quot;Ireland&quot;,&quot;Italy&quot;,&quot;Latvia&quot;,&quot;Liechtenstein&quot;,&quot;Lithuania&quot;,&quot;Luxembourg&quot;,&quot;Malta&quot;,&quot;Netherlands&quot;,&quot;Norway&quot;,&quot;Poland&quot;,&quot;Portugal&quot;,&quot;Romania&quot;,&quot;Slovakia&quot;,&quot;Slovenia&quot;,&quot;Spain&quot;,&quot;Sweden&quot;,&quot;Switzerland&quot;,&quot;United Kingdom&quot;,&quot;South Africa&quot;]"
          data-custom-consent-channel="[{&quot;country&quot;:&quot;South Africa&quot;,&quot;channels&quot;:[{&quot;name&quot;:&quot;email&quot;,&quot;displayname&quot;:&quot;Email&quot;},{&quot;name&quot;:&quot;telephone&quot;,&quot;displayname&quot;:&quot;Phone&quot;}],&quot;text&quot;:&quot;By checking this box, this is my signature and consent for my personal data to be shared within the London Stock Exchange Group of companies (LSEG) for the purpose of receiving communications via post, phone and electronic means from LSEG about event, resources, products, and/or services.&quot;}]"
          data-custom-consent-label="Marketing Channel:" data-consent-name="emailOptIn" data-depends-on="country" data-explicit-consent-id="emailOptIn-76b5c636"
          data-explicit-consent-text="By checking this box, you agree to your personal data being shared within the London Stock Exchange Group of companies (LSEG) for the purpose of receiving communications via post, phone and electronic means from LSEG about event, resources, products, and/or services."
          data-rehydratable="FormNew.PrivacyControl">
          <div class="FormNewPrivacyControl-consent Typestack--p3">
            <span>By submitting this form, you agree to your personal data being shared within the London Stock Exchange Group of companies (LSEG) for the purpose of receiving communications via post, phone and electronic means from LSEG about event,
              resources, products, and/or services.</span>
          </div><input name="emailOptIn" type="hidden" value="">
        </div>
      </div>
      <input type="hidden" name="popia" value="marketingconsent">
      <div aria-hidden="true" class="u-hiddenVisually">
        <div class="FormNewTextControl" data-disabled="false" data-id="textbox-acceptTerms" data-label-text="Accept terms" data-optional-text="()" data-name="acceptTerms" data-rehydratable="FormNew.TextControl" data-required="false"
          data-tabindex="0"><label for="textbox-acceptTerms"><input class="FormNewTextControl" id="textbox-acceptTerms" name="acceptTerms" placeholder="Accept terms" tabindex="0" data-testid="textcontrol" value="">
            <div class="FormNewTextControl-labelText Typestack--p1"><span>Accept terms</span><span class="FormNewTextControl-optional">()</span></div>
            <div class="FormNewTextControl-errorIcon"><svg class="Icon Icon--s" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" xmlns:xlink="http://www.w3.org/1999/xlink" aria-hidden="true">
                <path fill=""
                  d="M16,2 C23.7319865,2 30,8.2680135 30,16 C30,23.7319865 23.7319865,30 16,30 C8.2680135,30 2,23.7319865 2,16 C2,8.2680135 8.2680135,2 16,2 Z M16,4 C9.372583,4 4,9.372583 4,16 C4,22.627417 9.372583,28 16,28 C22.627417,28 28,22.627417 28,16 C28,9.372583 22.627417,4 16,4 Z M15,8 L17,8 L17,19 L15,19 L15,8 Z M16,24 C16.5522847,24 17,23.5522847 17,23 C17,22.4477153 16.5522847,22 16,22 C15.4477153,22 15,22.4477153 15,23 C15,23.5522847 15.4477153,24 16,24 Z">
                </path>
              </svg></div>
          </label></div>
      </div>
    </div>
  </div>
  <div class="VerticalSpacing VerticalSpacing--m">
    <div class="FormNew-footer Typestack--p3">
      <span>
        <p>For more information on how LSEG uses your data, see our&nbsp;<a href="/en/policies/privacy-and-cookie-statement">Privacy Statement</a>.&nbsp;You can adjust your preferences at any time through the preference link in any electronic
          communication that you receive from us.</p>
      </span>
    </div>
  </div>
  <div class="VerticalSpacing VerticalSpacing--m">
    <div class="Group">
      <div class="Group-inner">
        <div class="GroupItem"><button class="Anchor Typestack--buttonBold Button Button--actionPositive" type="submit"><span class="Button-body">Submit</span></button></div>
      </div>
    </div>
  </div>
</form>

GET https://www.lseg.com/en/search-results

<form class="SiteFooter-search" action="https://www.lseg.com/en/search-results" method="get" role="search">
  <div class="SiteFooter-searchInner">
    <div class="SearchInput SearchInput--dark" data-auto-focus="false" data-color-theme="&quot;dark&quot;" data-name="&quot;q&quot;" data-placeholder="&quot;Search&quot;" data-rehydratable="SearchInput" data-typeahead="true"
      data-typeahead-url="&quot;https://lseg-production.ent.eu-west-2.aws.cloud.es.io/api/as/v1/engines/lseg-prod-en/query_suggestion?&quot;" data-elastic-key="&quot;Bearer search-j7qr422s9s61csioo1r85rgx&quot;"
      data-autosuggestion="&quot;description,w_internal_title&quot;" data-size="7" data-reset-search="false" data-query-param="false" data-value="&quot;&quot;" data-search-min-length="3" data-search-submit-label="&quot;Submit search&quot;"
      data-clear-search-label="&quot;Clear search&quot;" tabindex="-1"><label class="SearchInput-label u-hiddenVisually" for="searchInput-1">Search</label>
      <div class="SearchInput-box"><input class="SearchInput-input Typestack--p1" autocomplete="off" placeholder="Search" id="searchInput-1" type="search" name="q" aria-haspopup="true" aria-owns="searchInput-1-typeahead" aria-expanded="false"
          aria-autocomplete="both" aria-label="Search" role="combobox" aria-activedescendant="" value="">
        <div class="SearchInput-buttons"><button aria-label="Clear search" class="SearchInput-clearButton" type="button">
            <div class="SearchInput-icon"><svg class="Icon Icon--xs" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" xmlns:xlink="http://www.w3.org/1999/xlink" aria-hidden="true">
                <path fill="" d="M16.3336 14.1146L22.9336 7.51465L24.8203 9.40132L18.2203 16.0013L24.8203 22.6013L22.9336 24.4866L16.3336 17.8866L9.73361 24.4866L7.84961 22.6L14.4496 16L7.84961 9.39998L9.73361 7.51731L16.3336 14.1173V14.1146Z">
                </path>
              </svg></div>
          </button><button aria-label="Submit search" class="SearchInput-searchButton" type="submit">
            <div class="SearchInput-icon"><svg class="Icon Icon--xs" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" xmlns:xlink="http://www.w3.org/1999/xlink" aria-hidden="true">
                <path fill=""
                  d="M13.9585481,2 C20.5630719,2 25.9170963,7.35402437 25.9170963,13.9585481 C25.9170963,16.8301187 24.7686012,19.6049993 23.0816215,21.6664982 L29.8994949,28.4852814 L28.4852814,29.8994949 L21.6640371,23.0753342 C19.6025381,24.7623139 16.8301187,25.9170963 13.9585481,25.9170963 C7.35402437,25.9170963 2,20.5630719 2,13.9585481 C2,7.35402437 7.35402437,2 13.9585481,2 Z M14,4 C8.4771525,4 4,8.4771525 4,14 C4,19.5228475 8.4771525,24 14,24 C19.5228475,24 24,19.5228475 24,14 C24,8.4771525 19.5228475,4 14,4 Z">
                </path>
              </svg></div>
          </button></div>
      </div>
      <div class="SearchInput-typeahead" tabindex="-1" aria-live="polite">
        <ul class="SearchInput-typeaheadItems" id="searchInput-1-typeahead" role="listbox" aria-label="Search results"></ul><span class="SearchInput u-hiddenVisually" role="status">0 results found</span>
      </div>
    </div>
  </div>
</form>

Text Content

Skip Navigation
 * LSEG
 * Data & Analytics
 * FTSE Russell
 * London Stock Exchange
 * FX
 * LCH
 * Risk Intelligence

Our businesses
LSEG
 * LSEG
 * Data & Analytics
 * FTSE Russell
 * London Stock Exchange
 * FX
 * LCH
 * Risk Intelligence

 * Our Business
   
   
   Our Business
    * Analytics Robust, trusted and impactful analytics across a comprehensive
      universe of assets.
    * Benchmarks and Indices FTSE Russell provide comprehensive and accurate
      benchmark and index coverage across asset classes.
    * Clearing Services Clearing for enhanced risk management, and margin,
      capital and operational efficiencies via LCH.
    * Data and Feeds Rich datasets with extensive distribution and data
      management capabilities.
   
    * Equities Trading Unrivalled access to UK, European and global capital
      markets.
    * FX Trade FX spot, FX forwards, and FX options using our suite of trading
      workflows, insights, data and compliance tools.
    * News and Prices News, reports and insights to inform portfolio performance
      decisions.
    * Post Trade Manage risk, optimise your portfolio and access regulatory
      solutions.
   
    * Post Trade Solutions Increase efficiencies with Acadia, Quantile and
      SwapAgent.
    * Raise Finance Access to deep pools of capital, to scale and grow your
      business.
    * Risk Intelligence Opening a world of possibilities by protecting you from
      a world of risks.
    * Regulatory Reporting Reduce operational and regulatory risk through our
      range of regulatory reporting, reference data, and analytics solutions.

 * Solutions
   
   
   Solutions
   
   
   BY INDUSTRY
   
    * Asset Management
    * Asset Owners
    * Central Banks
    * Corporates
    * Hedge Funds
    * Investment Banking
    * Wealth Management
   
   
   BY ASSET CLASS
   
    * Commodities
    * Derivatives
    * Equity
    * Fixed Income
    * FX

 * Sustainability
   
   
   Sustainability
   
   
   OUR APPROACH
   
    * Sustainability Strategy
    * Climate Change
    * Diversity and Inclusion
    * Governance
    * Disclosures and reports
    * LSEG Foundation
   
   
   OUR SOLUTIONS
   
    * Sustainable Finance and Investing
    * Sustainable Finance Data and Analytics
    * Sustainable Investment Indices
    * London Stock Exchange – Sustainable finance for London's issuers

 * Insights & Events
   
   
   Insights & Events
    * Insights Spark your investment ideas with truly tailored perspectives.
   
    * LSEG Events Discover our range of events and webinars around the globe.
   
    * Venue and Studio Hire Explore our prestigious offerings; hold memorable
      events and create your content.

 * Support
   
   
   Support
   
   
   LEARNING
   
    * Learning Centre Elevate expertise on LSEG products with tutorials,
      webinars and certifications.
    * Regulatory Reporting Explore our extensive range of trade reporting
      CISI/CPD accredited courses.
   
   
   PRODUCT
   
    * Product Support Our latest support information as it becomes available,
      all in one place.
    * Product Log-ins Direct log-in access for LSEG products.
   
   
   MY ACCOUNT
   
    * MyAccount For product support, service updates, guides, online billing,
      and more.

 * About
   
   
   About
    * About LSEG
    * Careers
    * Investor Relations
    * Media Centre
    * Contact Information
   
    * Executive Team
    * Board of Directors
    * Shareholder Information
    * Corporate Governance
    * Security Centre


 1. Home
 2. LSEG Insights
 3. Data & Analytics
 4. Sentiment as a risk indicator: when does it work best?

Data & Analytics Insights


SENTIMENT AS A RISK INDICATOR: WHEN DOES IT WORK BEST?

July 09, 2024
8 min


Dr Svetlana Borovkova

Head of Quant Modelling at Probability & Partners and Finance Professor at Vrije
Universiteit Amsterdam
linkedin



In this insight, part of a wider series in collaboration with Probability &
Partners, we show how sentiment is a powerful risk indicator in various areas,
including individual stocks, commodities, sectors, and global market indices, at
different time scales. In this second insight we examine:

 1. How sentiment is most effective as an early warning signal of risk, on a
    global scale;
 2. The difference between slow-burn risks and sudden shocks, through three
    major examples – Covid-19, 2007-2008 financial crisis, the 2023 banking
    turmoil;
 3. The value of news sentiment signal in offering invaluable risk information.


SENTIMENT AS AN EARLY WARNING RISK INDICATOR

The previous insight in this series explored the impact of major economic and
political events on media sentiment in global stock markets. We observed that
negative events trigger a faster and stronger sentiment response, making it an
excellent risk indicator. This has been a consistent finding throughout our
decade-long research on the role of sentiment in finance and investing.

Our studies have shown that sentiment is a powerful risk indicator in various
areas, including individual stocks, commodities, sectors, and global market
indices, and at different time scales. However, sentiment is most effective as
an early warning signal of risk when underlying problems slowly intensify over a
long period, becoming increasingly prominent and severe.

The onset of Covid-19 in early 2020 serves as a key example of sentiment
indicators' effectiveness. During January and February 2020, sentiment
indicators for global stock indices (including the S&P500, FTSE100, STOXX50, and
STOXX200) showed a gradual but significant decline. This decrease was different
in its speed and scale compared to typical downward trends. By February 2020,
the decline had notably accelerated, coinciding with the increased mentions of
words like "coronavirus" or "Covid" in news reports. However, for a long time,
this sentiment decline did not coincide with any noticeable changes in the stock
markets. This dramatically changed on February 19, when all major stock markets
crashed amidst growing Covid-19 worries, and both sentiment and stock prices
tumbled in sync.  


FIGURE 1: S&P500 CLOSING PRICE VS SENTIMENT LEVEL, 2019-2020

A Flourish chart


NEWS SENTIMENT INDICATOR

The 2007-2008 financial crisis serves as another, more distant, example of
sentiment indicators’ predictive power. The Sentiment Systemic Risk indicator
(SenSR), an aggregated negative sentiment measure related to Systemically
Important Financial Institutions (SIFIs), monitors the perceived risk associated
with the global financial system using LSEG News Analytics. News sentiment
indicator showed a gradual but consistent increase in perceived risk over
several months in 2007. Other indicators used for this purpose, like the VIX or
LIBOR-OIS spread, didn’t react until the collapse of Lehman Brothers, at which
point the financial crisis was already well underway. A similar early warning
increase in news sentiment was also observed before the European debt crisis of
2011.


FIGURE 2: SENSR (SENTIMENT SYSTEMIC RISK INDICATOR) (BLUE) VS VIX (BLACK),
2006-2014

A Flourish chart

These examples highlight the significant advantage of using sentiment signals
from news sources. These signals, once they have been correctly processed and
cleared of any noise, can be used to monitor the sentiment around major stock
and commodity markets. They serve as an early warning system for risk,
potentially alerting investors to withdraw from relevant stock markets or
impacted sectors prior to any drop in price.

However, could there be instances where sentiment as an early warning indicator
isn’t as effective? Consider a scenario where a negative event happens abruptly
and without warning. In such situations, the sentiment signal might respond to
the event (albeit very quickly, i.e. intraday) rather than anticipating it,
unless there was some prior information leak. Therefore, the main distinction in
sentiment’s early warning potential is dependent on the nature of the risk
event: ‘slow burn’ versus ‘sudden death’.


NEWS SENTIMENT AND THE 2023 BANKING TURMOIL

The 2023 banking turmoil is an excellent illustration of this. Let us look at
how news sentiment reacted to the failure of several major US and European banks
in 2023. Figure 3 shows the financial sector sentiment (i.e., the negative of
SenSR) throughout 2023, highlighting a significant decline in sentiment in
March, coinciding with the failure of several US banks (March 8: Silvergate
Bank, March 10: Silicon Valley Bank, March 12: Signature Bank, and March 15 and
19: looming failure and subsequent takeover of Credit Suisse by UBS). To gain a
clearer understanding, let us focus on the events of March (Figure 4).


FIGURE 3: FINANCIAL SYSTEM SENTIMENT, 2023

A Flourish chart


FIGURE 4: FINANCIAL SYSTEM SENTIMENT, FEBRUARY-MARCH 2023

A Flourish chart

The downturn in sentiment within the financial sector started on March 1, 2023.
By March 3, sentiment had declined so dramatically and rapidly that the
impending banking turmoil was undeniably evident. This served as a valuable
signal for investors to decrease their holdings in banks and other financial
institutions, and for global financial regulators to pay attention. Even if
there were initial doubts, by March 5, the sentiment associated with SIFIs made
it glaringly apparent that a serious event was unfolding. From March 8, the
decline intensified, pushing sentiment into negative territory.

Interestingly, none of the impacted banks, even a significant one like Credit
Suisse, were included in this list.

So, what happened between March 1, when the sentiment started to fall, and March
10, when the first bank collapsed? On March 1, Silvergate Bank disclosed in a
regulatory filing that it was at risk of losing its well-capitalised bank status
and faced risks to its ability to continue operating. It’s remarkable that a
regulatory filing from a relatively minor bank could influence sentiment about
the global financial system, indicating a higher level of overall risk – an
event that might have escaped the attention of many investors. On March 8, SVB
announced a sell-off of bonds, which triggered a subsequent bank run and further
contributed to the decline in news sentiment.

If one were to consider solely the banks’ share price, it could appear that the
crisis only spread to the global financial system on March 13, when a
significant decline in all US banks’ share prices was observed. However, the
sentiment of the global financial systemhad already signalled this crisis almost
two weeks prior.

The decline in sentiment began to stabilise after March 18, when President Biden
made a reassuring announcement and the Credit Suisse takeover by UBS was
announced. Nevertheless, it took until the end of the summer for news sentiment
to return to its previous normal levels.


CONCLUSION

Both the Covid-19 pandemic and the global financial crisis demonstrate the value
of news sentiment signals in detecting “slow-burning” risks on a global scale,
often well before they become apparent in other economic and financial
indicators. The sentiment often declines weeks or even months before the stock
markets react to these risks. On the other hand, abrupt and unforeseen risks can
be detected in sentiment just a few days beforehand, if not at the time of the
event, as demonstrated by the 2023 banking turmoil. Recognising this distinction
when tracking sentiment related to financial markets is crucial. However, in
both cases, sentiment offers invaluable risk information, albeit slightly later
in the latter case.

LSEG Data & Analytics


DATA THAT MOVES THE MARKETS

Machine Readable News and quantitative data: a powerful combination for quants
and data scientists
Read the fact sheet
download


READ MORE ABOUT

 * Equities
 * Market Performance
 * Markets & Economy

 * See all Insights
   


MACHINE READABLE NEWS

Turn unstructured data into actionable insight and manage risk with our
comprehensive news feed solutions. 




Learn more
arrow-right



STAY UPDATED

Email address

Enter a valid email address
Select oneAland IslandsAlbaniaAlgeriaAmerican
SamoaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentina
ArmeniaArubaAustralia
AustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelgiumBelizeBeninBermudaBhutanBoliviaBosnia
and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei
DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman
IslandsChadChileChinaChristmas IslandCocos (Keeling)
IslandsColombiaComorosCongoCongo, The Democratic Republic of theCook
IslandsCosta RicaCote D'IvoireCroatiaCyprusCzech
RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl
SalvadorEquatorial GuineaEritreaEstoniaEthiopia Falkland Islands (Malvinas)Faroe
IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern
TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuatemalaGuineaGuinea-BissauGuernseyGuyanaHeard
and McDonald IslandsHoly See (Vatican City State) HondurasHong
KongHungaryIcelandIndiaIndonesiaIrelandIsle of ManIsraelItalyJamaica
JapanJerseyJordanKazakhstanKenyaKiribatiKorea, Republic ofKuwaitKyrgyzstanLao
People's Democratic
RepLatviaLebanonLesothoLiberiaLiechtensteinLithuaniaLuxembourgMacauMadagascarMalawiMalaysiaMaldivesMaltaMarshall
IslandsMartiniqueMauritaniaMauritiusMayotteMexicoMicronesia, Federated
StatesMoldova, Republic ofMonaco
MongoliaMontenegroMontserratMoroccoMozambiqueNamibiaNauruNepalNetherlandsNetherlands
AntillesNew CaledoniaNew ZealandNigerNigeriaNiueNorfolk IslandNorthern Mariana
Islands NorwayOmanPakistanPalauPalestinian Territory, OccupiedPanamaPapua New
GuineaParaguayPeruPhilippinesPitcairnPolandPortugalPuerto RicoQatarRepublic of
North MacedoniaReunionRomaniaRwandaSaint HelenaSaint Kitts and NevisSaint
LuciaSaint MartinSaint Pierre and MiquelonSamoaSan MarinoSao Tome and
PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra
LeoneSingaporeSlovakiaSloveniaSolomon IslandsSouth AfricaSpainSri LankaSth
Georgia & Sth Sandwich IsSt Vincent and the Grenadines SurinameSvalbard and Jan
MayenSwazilandSwedenSwitzerlandTaiwanTajikistan Tanzania, United Republic
ofThailandTimor-LesteTogoTokelauTongaTrinidad and
TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUnited Arab
EmiratesUnited KingdomUnited StatesUruguayUS Minor Outlying
IslandsUzbekistanVanuatuVietnamVirgin Islands (British)Virgin Islands
(U.S.)Wallis and Futuna IslandsWestern SaharaZambiaCountry/territory

Select a country

Subscribe to an email recap from:

FTSE Russell
Data & Analytics
By submitting this form, you agree to your personal data being shared within the
London Stock Exchange Group of companies (LSEG) for the purpose of receiving
communications via post, phone and electronic means from LSEG about event,
resources, products, and/or services.
Accept terms()


For more information on how LSEG uses your data, see our Privacy Statement. You
can adjust your preferences at any time through the preference link in any
electronic communication that you receive from us.

Submit


LEGAL DISCLAIMER

Republication or redistribution of LSE Group content is prohibited without our
prior written consent. 

The content of this publication is for informational purposes only and has no
legal effect, does not form part of any contract, does not, and does not seek to
constitute advice of any nature and no reliance should be placed upon statements
contained herein. Whilst reasonable efforts have been taken to ensure that the
contents of this publication are accurate and reliable, LSE Group does not
guarantee that this document is free from errors or omissions; therefore, you
may not rely upon the content of this document under any circumstances and you
should seek your own independent legal, investment, tax and other advice.
Neither We nor our affiliates shall be liable for any errors, inaccuracies or
delays in the publication or any other content, or for any actions taken by you
in reliance thereon.

Copyright © 2024 London Stock Exchange Group. All rights reserved.

The content of this publication is provided by London Stock Exchange Group plc,
its applicable group undertakings and/or its affiliates or licensors (the “LSE
Group” or “We”) exclusively.

Neither We nor our affiliates guarantee the accuracy of or endorse the views or
opinions given by any third party content provider, advertiser, sponsor or other
user. We may link to, reference, or promote websites, applications and/or
services from third parties. You agree that We are not responsible for, and do
not control such non-LSE Group websites, applications or services.

The content of this publication is for informational purposes only. All
information and data contained in this publication is obtained by LSE Group from
sources believed by it to be accurate and reliable. Because of the possibility
of human and mechanical error as well as other factors, however, such
information and data are provided "as is" without warranty of any kind. You
understand and agree that this publication does not, and does not seek to,
constitute advice of any nature. You may not rely upon the content of this
document under any circumstances and should seek your own independent legal, tax
or investment advice or opinion regarding the suitability, value or
profitability of any particular security, portfolio or investment strategy.
Neither We nor our affiliates shall be liable for any errors, inaccuracies or
delays in the publication or any other content, or for any actions taken by you
in reliance thereon. You expressly agree that your use of the publication and
its content is at your sole risk.

To the fullest extent permitted by applicable law, LSE Group, expressly
disclaims any representation or warranties, express or implied, including,
without limitation, any representations or warranties of performance,
merchantability, fitness for a particular purpose, accuracy, completeness,
reliability and non-infringement. LSE Group, its subsidiaries, its affiliates
and their respective shareholders, directors, officers employees, agents,
advertisers, content providers and licensors (collectively referred to as the
“LSE Group Parties”) disclaim all responsibility for any loss, liability or
damage of any kind resulting from or related to access, use or the
unavailability of the publication (or any part of it); and none of the LSE Group
Parties will be liable (jointly or severally) to you for any direct, indirect,
consequential, special, incidental, punitive or exemplary damages, howsoever
arising, even if any member of the LSE Group Parties are advised in advance of
the possibility of such damages or could have foreseen any such damages arising
or resulting from the use of, or inability to use, the information contained in
the publication. For the avoidance of doubt, the LSE Group Parties shall have no
liability for any losses, claims, demands, actions, proceedings, damages, costs
or expenses arising out of, or in any way connected with, the information
contained in this document.

LSE Group is the owner of various intellectual property rights ("IPR”),
including but not limited to, numerous trademarks that are used to identify,
advertise, and promote LSE Group products, services and activities. Nothing
contained herein should be construed as granting any licence or right to use any
of the trademarks or any other LSE Group IPR for any purpose whatsoever without
the written permission or applicable licence terms.

Show more



RELATED ARTICLES

LSEG


ENHANCING SETTLEMENT EFFICIENCY WITH AUTOMATED POST-TRADE PROCESSES IN THE T+1
ENVIRONMENT

Optimise T+1 settlements with automated post-trade processes. Streamline
middle-office functions, reduce errors, and enhance efficiency through advanced
outsourcing.
July 23, 2024 • Brian Jepsen
•

7 min

LSEG


IFR: THE FIRST 50 YEARS

The IFR marks 50 years of accurate, responsible finance journalism, avoiding
click-bait while raising £32m for charity.
July 03, 2024 • Mahmoud Khliefat
•

5 min

LSEG


A DIALOGUE WITH TRUMID ON TECHNOLOGICAL INNOVATION IN CORPORATE BOND TRADING

Explore how technology and AI are revolutionizing corporate bond trading,
enhancing liquidity and optimizing trading workflows with real-time data and
analytics.
July 01, 2024 • Emil Parmar
•

7 min


FIND OUT MORE

Further information about LSEG


GET IN TOUCH

If you’d like to know more about how we can help you, please get in touch.




Contact LSEG
arrow-right



LSEG CAREERS

Create lasting opportunities and fulfil your potential.




Find a role
arrow-right



ABOUT LSEG

Discover more about LSEG, our history, and what we do.




About LSEG
arrow-right

Search

0 results found


 * ABOUT LSEG
   
    * LSEG Group
    * Careers
    * Media Centre
    * Investor Relations


 * CORPORATE
   
    * Shareholder information
    * Board of Directors
    * Executive Teams


 * CONTACT US
   
    * Contact LSEG
    * Office locations
    * Security Centre


 * CONNECT WITH US
   
    * LinkedIn
    * X
    * YouTube


 * LANGUAGE
   
    * English
    * 日本語 – 日本
    * 简体中文 – 中国

 * Privacy Statement
 * Cookie Statement
 * Cookie settings
 * Sitemap
 * Disclaimer
 * Accessibility
 * Whistleblowing
 * UK Bribery Act
 * Modern Slavery Act








OUR USE OF COOKIES

LSEG websites use cookies and similar technologies for various purposes
including functionality, performance, targeting, social media, and for the
proper functioning of websites. The cookies and similar technologies may include
those deployed by third parties for providing services to us and they may use
the same to improve, enhance, and deliver their services to all of their
customers. To access a list of the websites covered by this banner review the
cookie settings. By clicking “Accept all cookies,” you agree to the storing and
reading of cookies and other similar technologies. To access a list of cookies
used by this LSEG website please review the Cookie Settings. You can change your
cookie preferences for this LSEG website at any time through our Cookie Settings
tool, available at the footer of the website. For more information, please read
ourCookie Statement
Cookie settings Reject all Accept all cookies



PRIVACY PREFERENCE CENTRE

When you visit this website, information may be stored or retrieved on or from
your browser, mostly in the form of or through cookies (e.g., first-party and
third-party) and similar technologies (e.g., local storage, web beacons, etc.)
("cookies"). This information might be about you, your preferences and/or your
device. All references to "Services" refers to our products, services, websites,
digital properties, platforms, software and applications (including mobile
applications).

Because we respect your right to privacy, you can choose not to allow some types
of cookies. You can use the features in this preference centre to block or allow
these types of cookies. Toggle "on" to allow cookies and toggle "off" to block
specific categories of cookies. For your reference, if the toggle is blue, then
you have allowed cookies and if the toggle is grey, then you have blocked
cookies. Blocking some types of cookies may impact your experience with the site
and the services we are able to offer. A preference cookie will be set, which
will contain your preferences of blocking or allowing cookies.

Please note that if you clear your cookies, the preference cookie will be
deleted and this will clear your preferences. When you re-enter or re-access our
services (e.g. websites), you will be presented with the option to accept all
cookies. When presented with the option to accept all cookies, if you want to
allow or block certain categories of cookies, you will have to access the cookie
preference centre/cookies settings again to exercise your choice. If you accept
all cookies, then all cookies will deploy.



MANAGE CONSENT PREFERENCES

STRICTLY NECESSARY COOKIES

Always Active

These cookies are necessary for websites to function and cannot be switched off
through the cookie preference centre. They are usually only set in response to
actions made by you which amount to a request for services, such as setting your
privacy preferences, logging in or filling in forms.

Cookies Details‎

PERFORMANCE COOKIES

Performance Cookies

These cookies collect information, including analytics, about how you use our
Services. Information collected includes, for example, the Internet browsers and
operating systems used, the domain name of the website previously visited, the
number of visits, average duration of visit, actions taken and pages viewed.
These cookies may be used to record or track your interaction and/or use of our
web and/or mobile sites, platforms and/or digital properties. Performance
cookies help us measure the activity on our Services, create reports and
statistics about the performance of our Services, improve the user-friendliness
of the Services and improve the quality of our Services. These types of cookies
typically stay active on your computer until they are deleted or until the
cookie expires (if applicable).

Cookies Details‎

FUNCTIONAL COOKIES

Functional Cookies

These cookies allow the website to remember information about you (e.g., your
username or ID) and the choices you make (e.g., your language preference, or the
area or region you are in) and provide enhanced, more personalised features or
content to you. These cookies can also be used to remember changes you have made
to text size, fonts, and other customisable parts of web pages. They may also be
used to provide Services you have asked for, such as watching a video or
commenting on a blog. If you do not allow these cookies or if you toggle these
cookies off, then some or all of these Services may not function properly. These
cookies cannot track your browsing activity on other websites.

Cookies Details‎

TARGETING COOKIES

Targeting Cookies

These cookies track browsing habits (on and off of our websites and digital
properties) and are used to deliver targeted (interest-based) advertising. They
are also used to limit the number of times you see an ad and to measure the
effectiveness of advertising campaigns. They remember that you have visited a
website and this information may be shared with other organisations, such as
advertisers and our advertising partners, who might use it with information
about how you use other websites, including identifying shared interests and
behaviours across groups of users who visit our (and other) websites. In
connection with these types of cookies, your activity may be tracked or
monitored using identifiers (e.g., a cookie ID, other unique identification
numbers). These types of cookies will typically stay on your computer until they
are deleted or until they expire (if applicable).

Cookies Details‎
Back Button


COOKIE LIST



Search Icon
Filter Icon

Clear
checkbox label label
Apply Cancel
Consent Leg.Interest
checkbox label label
checkbox label label
checkbox label label

Reject all Confirm my choices