The oil market is in focus due to OPEC+ at the moment but it could be on storms later this week.
The NHC forecasts a near 100% chance of one system forming into a tropical cyclone in the next 48 hours with the second showing a 70% chance over the coming seven days.
The second system looks to me like it’s tracking too far north to be a factor for the energy market but the first once is lining up right in hurricane alley.
This article was originally published by Forexlive.com. Read the original article here.