Winds of change: Implications of a strong Yen and La Niña

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Winds of change: Implications of a strong Yen and La Niña

By Erik Norland, Senior Economist, CME Group 

El Niño to La Niña: Natural Gas and Hurricanes

Highlights: 

  • La Niña raises drought potential in U.S. Southwest
  • Could bring more rain to India, Indonesia, Australia
  • La Niña could trigger more hurricanes, cyclones

Surging Yen Could Add to Japan’s Woes 

Video Highlights: 

  • Yen rally follows Japan’s foray into negative rates
  • Strong yen could hurt Japan’s exports, raise imports
  • Japan has the world’s highest level of total debt