• Welcome to forex.pm forex forum binary options trade. Please login or sign up.
 

La Nina expected to form in North America

Started by forex4you, Aug 08, 2024, 07:56 pm

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

forex4you

La Nina expected to form in North America

The natural-gas burning parts of North America are likely to experience a colder winter if La Niña emerges. Today, US weather forecaster CPC pegged the odds of La Nina emerging in Sept-November at 66% and persisting throughout the winter.

There is plenty of variability but during La Niña, the Northern United States and Southern Canada often see colder than average temperatures, especially in the Northwest and North-central regions. The Midwest and Northeast United States often experience more variable conditions, but there's often a tendency towards colder, wetter weather and more snowfall.

In terms of markets, that kind of weather could help to tighten natural gas markets and for the broader economy a cold winter could put a damper on spending. The shift in spending could be particularly stark given how mild last winter was.



                This article was written by Adam Button at www.forexlive.com.

Source: La Nina expected to form in North America

forexlive.com
Forex4you offers wide range of trading accounts with DDE, NDDE and STP executions including more than 100 instruments. Forex4you is based on MetaTrader 4 trading platform. Clients have the advantage of daily technical and fundamental analysis, one-click trading, economic calendar, mobile trading applications, news and forecasts from Dow Jones (UK) and signals from Trading Central (US). In addition, Forex4you offers Forex dictionary, educational materials and lot of "How to" guides about Forex.

forex4you.com   share4you.com   betiforex.com Forex  beginners-guide-to-iq-option-complete-review forex4you review forex4you Forex4you Review - One of the Best Forex Brokers Forex4you Review - One of the Best Forex Brokers forex4you - PAMM forex broker review and feedback from traders forexbinaryoption.ae aroundworld24.com  Affiliate programs  Forex4you Affiliate programs   



forex4you.com