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Storms lineup in the Atlantic basic but only one real threat

A glace at the Atlantic basin storm map would initially put a fright into energy traders and insurance agents but it's not as bad as it looks. Franklin is set to turn sharply north then back into the Atlantic while Gert and Emily are also highly unlikely to make landfall in the US.The red X is the concern for this week as there is an 80% likelihood it will spin up into a tropical storm or more, according to the NOAA. Given the location, I'm skeptical there is enough runway for it to grow into an... Read More

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Storms

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Only

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Forex

Posted: Aug 21 2023, 14:00

Author Name: forexlive

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