From 'Super El Niño' to Europe’s extreme heatwave: How this year's weather shocks are rattling commodity markets

Markets are underestimating the impact of climate volatility on a range of asset classes, commodity strategists say.

# From 'Super El Niño' to Europe’s extreme heatwave: How this year's weather shocks are rattling commodity markets Markets are underestimating the impact of climate volatility on a range of asset classes, commodity strategists say. **Read the full article:** [CNBC](https://www.cnbc.com/2026/07/20/from-super-el-nio-to-europes-heatwave-how-to-trade-extreme-weather.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*