Yubi Daily Wrap

Macro Updates

Private weather forecasting agency Skymet is predicting monsoons 94% below normal (+/- 5% error), of the long-term period average of 868.6mm over the June-September period. This, if materialises, will be ill-timed for India hitting the next crop produce, adding to the wheat crop damage due to unseasonal rains during March this year.

April 11, 2023

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