[Futures Hotspot Tracking] Weather is becoming the biggest variable affecting India's sugar industry. Low inventory combined with El Niño means that India's sugar industry will be in a "shortage era" throughout fiscal year 2027.

[RMB Central Parity Rate in the Interbank Foreign Exchange Market on August 31, 2026] USD/CNY was quoted at 6.7828, up 17 points (RMB depreciation); EUR/CNY was quoted at 7.8344, down 339 points; HKD/CNY was quoted at 0.8651, up 1.2 points; GBP/CNY was quoted at 9.1530, down 289 points; AUD/CNY was quoted at 4.8410, down 140 points; CAD/CNY was quoted at 4.8600, down 116 points; 100 JPY/CNY was quoted at 4.2285, down 143 points; CNY/RUB was quoted at 12.7239, down 651 points; NZD/CNY was quoted at 3.9994, down 214 points; The RMB/MYR exchange rate was 0.59533, down 10.7 points; the CHF/RMB exchange rate was 8.3603, down 453 points; and the SGD/RMB exchange rate was 5.3040, down 102 points.

Mon — China: Aug official manufacturing PMI. Germany: Aug CPI preliminary MoM. US: Aug Dallas Fed business index. G20 finance ministers and central bank governors meet through Sept 1. Tue — China: Aug RatingDog manufacturing PMI. Final Aug manufacturing PMIs for France, Germany, UK and eurozone. Eurozone: Aug CPI preliminary and Jul unemployment. US: final Aug S&P Global manufacturing PMI, Aug ISM manufacturing PMI, Jul JOLTs job openings, Jul construction spending MoM. UK Nationwide house prices MoM; Switzerland Jul real retail sales YoY; UK Jul bank mortgage approvals. SCO heads-of-state council meeting. Corporate: NIO and Dell report after US close. Wed — US weekly API and EIA crude inventories (week to Aug 28). Australia Q2 GDP YoY. US Aug ADP employment, Jul factory orders MoM. RBNZ policy decision and statement. BOC rate decision; Governor Macklem and Senior Deputy Governor Rogers hold policy briefing. Corporate: Broadcom after US close. Thu — China: Aug RatingDog services PMI. Final Aug services PMIs for France, Germany, UK and eurozone. Eurozone Jul PPI MoM; Switzerland Aug CPI MoM. US: Aug Challenger layoffs, weekly initial jobless claims (week to Aug 29), Jul trade balance, final Aug S&P Global services PMI, Aug ISM non-manufacturing PMI. US weekly EIA nat gas stocks (week to Aug 28). Fed releases Beige Book; Fed Governor Waller interview. Fri — Eurozone Jul retail sales MoM. Canada Aug employment. US Aug unemployment rate, Aug seasonally adjusted nonfarm payrolls, Aug average hourly earnings YoY and MoM. Aug global Supply Chain Pressure Index. FOMC voter and Cleveland Fed chair Hamak opens the Fed Community event; Bank of England Governor Bailey speaks. Sat — US weekly Baker Hughes rig count (week to Sept 4). ARAMCO publishes official selling prices around the 5th of each month.