Tropical storm Jose could threaten New York and other areas on the eastern coast of the state next week, and is expected to become a first-degree hurricane. According to the National Hurricane Center, Jose's route will end Wednesday morning in New York and New Jersey. Currently, the winds of Jose reach 110 km/h and are expected to increase to 150 km/h. The probability of damaging is not great, but a slight change in the course of the hurricane may lead to unexpected events that will negatively affect the US economy, which is still assessing the damage caused by Hurricanes Irma and Harvey.
Source: Bloomberg Pro Terminal
Jr Trader Petar Milanov
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