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Australia weather bureau says El Niño near its peak, showing signs of easing

Discussion in 'Market News' started by ForexLive, Dec 8, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Reuters with the weather forecast! Unless its an example of the ! Chinese hacking of the Aussie weather bureau El Niño is a weather phenomenon that leads to dry conditions in much of Australia and New Zealand and thus weighs on agricultural production. If its easing then we may see better agricultural production to come.

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