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Hot Weather May Break Records in Australia

From bnnbloomberg.ca

Australia is facing a period of hot weather over the coming week that may break seasonal records and threaten some grain crops. Parts of southern Australia are expected to be baked by temperatures as high as 38C (100F), according to Miriam Bradbury, a senior meteorologist at the Bureau of Meteorology. Some regions may see temperatures as much as 15C higher than the seasonal average, she added. “It is possible we may see some records broken,” said Bradbury, who added that extreme weather is expected to become more frequent. “Whether that’s severe storms or droughts or heat waves, we expect to see them happen more ... (full story)

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  • Category: Fundamental Analysis