Twelve Capital Event Update

17 July 2023

Hurricane situation

Over the previous two weeks one further storm was registered; Don which formed north-east of Bermuda as a subtropical storm, before quickly weakening to a subtropical depression. The storm is currently in the central Atlantic and is highly unlikely to impact any Twelve Capital positions.

There are currently no other systems in the Atlantic, nor any forecasted for the coming seven days.

Twelve Capital continues to closely monitor relevant potential and actual catastrophe events and will issue specific updates on new major events which occur.