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UBS warns El Niño risk could replace demand as the primary driver for agricultural commodities. UBS cites forecasts that the current El Niño has an 81% chance of reaching strong or very-strong intensity by year-end and a 97% probability of persisting

2026-08-11

UBS warns El Niño risk could replace demand as the primary driver for agricultural commodities. UBS cites forecasts that the current El Niño has an 81% chance of reaching strong or very-strong intensity by year-end and a 97% probability of persisting into next year. If El Niño strengthens, key producing regions could see more extreme rainfall, drought or temperature swings, raising supply-side uncertainty. UBS flags potential upside for agricultural commodity prices as weather reasserts dominance over the supply-demand balance.

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2026-08-11

Israel Defense Forces chief of staff said the military is well prepared for defense and remains ready to resume high-intensity combat at any time.

Israel Defense Forces chief of staff said the military is well prepared for defense and remains ready to resume high-intensity combat at any time.
2026-08-10

Market sources indicate that Iran is about to announce the appointments of several senior military commanders, signed by the Supreme Commander.

Market sources indicate that Iran is about to announce the appointments of several senior military commanders, signed by the Supreme Commander.
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