New Zealand's Cold Start To Winter; 79% Chance Of A Winter La Nina; + Trouble Ahead For Markets?
For decades, Congress have been allowed to trade stocks freely. Now, just as the market reaches its zenith, they are being 'forced' to sell.
New Zealand's Cold Start To Winter
NIWA's official prediction for a warmer-than-average winter in New Zealand isn't exactly going to plan, with temperatures plunging below freezing across the country, to -7.8C (18F) in Omarama this morning.
MetService's Lewis Ferris explains that New Zealand is under a high-pressure system, with the combination of light winds, clear skies, and long nights leading = to some of the lowest temperatures seen in years.
"It's been a cold, wintry start across much of the country, especially in the South Island," Ferris noted.
Mt Cook Airport recorded -7.6C (18.3F), while Auckland Airport experienced its coldest morning of the year at 3C (37.4F).
Ferris indicated that cold temperatures are expected to persist throughout July.
