Hurricane Polo barrels towards Baja California region of Mexico

Hurricane Polo is barreling towards the Baja California region of Mexico, the latest system in a Pacific hurricane season that has been notably active in recent months. This storm's intensity is being fueled by exceptionally warm Pacific waters, which are providing favourable conditions for it to maintain its considerable strength. The economic impact of Hurricane Polo will likely be significant, particularly for Mexico's tourism and agriculture industries, which may be affected by the storm's potential landfall.

Why it matters

The hurricane is expected to cause significant damage and disruption to the region. This could lead to economic losses and impact investor sentiment.

Market impact

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