The El Niño weather phenomenon leads to drier conditions than usual in Australia and New Zealand
This has a negative impact on the agricultural sector and thereby the economy
Reuters with the headline
More:
- Will return to neutral by Q2 2016
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I'm pretty sure I posted something like this a few months ago? (Added, yeah, here it is, from December 8: Australia weather bureau says El Niño near its peak, showing signs of easing)
Anyway, we need more weather reports of ForexLive.
Scorchio!
