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It's been a warm winter, but how warm?
One of the stories of the past few months in markets has been the weather. In Europe and North American, it's been a remarkably mild winter but just how warm has it been?
JPMorgan is out with a population-weighted measure of heating degree days for the northern hemisphere and it shows it's the second-warmest in the past 50 years.
I certainly don't remember 2020 being that warm but there was a lot going on that winter.
What may also be notable is that this includes the entire... Read More
Posted: Feb 27 2023, 19:22
Author Name: forexlive
Views: 101994