PoliticsJuly 16 at 08:33 AM

US weather forecasting agency says El Nino has strengthened over the past month and is expected to continue strengthening into 2026 and may persist into the early part of 2027

StockNow breaking-news AI analysis

A strengthening 'Super' El Niño is 97% likely to persist into early 2027, threatening global coffee and sugar production while potentially moderating the 2026 Atlantic hurricane season and volatile energy demand.

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Geopolitics

US weather forecasting agency says El Nino has strengthened over the past month and is expected to continue strengthening into 2026 and may persist into the early part of 2027

What do investors think?

Today's market highlights

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

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