Extreme Weather Events Disrupt Commodity Markets Amid 'Super El Niño'
The World Meteorological Organization has predicted a strong El Niño event in the tropical Pacific, expected to occur between July and September. This climate pattern is associated with extreme weather, including higher temperatures, drought, and heavy rainfall. These conditions are already affecting Europe, which is experiencing a persistent heatwave. The extreme weather is impacting commodity markets, with strategists warning of disruptions across asset classes. 
