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World Meteorological Organization declares onset of El Niño. What it means

World Meteorological Organization declares onset of El Niño. What it means
A new update from the World Meteorological Organization forecasts that there is a 90% probability of the El Niño event continuing during the second half of 2023.This is no surprise as the US National Weather Service declared that El Niño had arrived last month.The question now is the intensity and the effects. The WMO says it will be at least of a moderate strength others warn it could be particular strong because of high ocean temperatures.The effects in markets are generally:Bullish for agricu... Read More
Posted: Jul 4 2023, 17:53
Author Name: forexlive
Views: 112538

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