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The Swedish Energy Agency: To date, we have not seen any disruptions to the supply of aviation fuel; the impact is mainly reflected in prices.
April 28th - A sharp weakening of the yen may prompt the Bank of Japan (BOJ) to take action, as the BOJ stated in a report that it will continue to raise interest rates based on economic, price, and financial conditions. Naomi Mukkara, a strategist at Mitsubishi UFJ Morgan Stanley Securities, said this marks a change in the BOJ's "policy response function." In the report, the BOJ stated that foreign exchange rates are increasingly likely to influence prices, and such fluctuations could affect underlying inflation by altering inflation expectations. The BOJ does not directly target the yen, but if a significant depreciation of the yen accelerates price increases, the central bank may adjust its policy.
The Kremlin stated that it would provide immediate updates if talks between Putin and Trump took place. No comment today.
April 28th - According to the Ministry of Human Resources and Social Security, since the beginning of this year, my country has implemented skills enhancement initiatives targeting key areas and groups, and has already cultivated over 300 industry-education-assessment skills ecosystem chains. This year, my country has launched large-scale skills enhancement initiatives targeting key areas such as artificial intelligence, advanced manufacturing, and healthcare services, as well as key groups such as college graduates and migrant workers. The "New Eight-Level Worker" vocational skills grading system has been implemented in depth, with 1.128 million new senior-level or higher vocational qualification certificates or vocational skills level certificates obtained in the first quarter. Next, the country will strengthen general education on artificial intelligence to continuously improve workers' digital literacy and AI application capabilities. A skills enhancement training program for one million young people will be implemented to make skills training more relevant to industries and jobs. Training services will be extended to enterprises, schools, and townships, creating a 30-minute training circle and skills training stations to allow more workers to participate in training locally.
Kremlin: The military parade on May 9 will certainly take place.
Kremlin: Restoring peace and stability in Mali as soon as possible is of paramount importance.
Kremlin: Necessary environmental measures are being taken following the attack on the Tuapse oil refinery in Ukraine.
The head of the Swedish Energy Agency stated that the worst-case scenario would mean considering rationing aviation fuel.
On April 28th, economists surveyed by various institutions now expect both the Norwegian central bank and the Swedish central bank to tighten monetary policy over the next 12 months. According to the median of a survey of 16 economists, the Norwegian central bank expects to raise its key interest rate by 25 basis points to 4.25% this quarter, followed by a similar rate cut in the second quarter of next year. Previously, borrowing costs were projected to remain unchanged until early 2027. Another survey of 21 economists indicates that the Swedish central bank expects to raise its policy rate to 2% in the first quarter of next year and maintain this level throughout 2027. In a previous survey, they projected that the rate would remain unchanged at 1.75% until the third quarter of 2027. Policymakers from these two Nordic countries will announce their next steps at a so-called "interim meeting" on May 7th, a meeting that will not include new interest rate or economic forecasts.
The Swedish Energy Minister stated that the Energy Authority has not identified any similar risks of shortages in gasoline or diesel.
The Swedish energy minister warned of a potential shortage of aviation fuel.
The Israeli military reiterated its call for residents in southern Lebanon not to return to areas south of the Litani River.
Russian Ministry of Defense: Russian troops have taken over the Zemlianky region in eastern Ukraine.
Crédit Agricole: A large sell-off of US dollars is expected by the end of this month.
According to Hong Kong Stock Exchange filings, Goldman Sachs increased its long position in Bilibili (09626.HK) from 5.63% to 6.11% on April 22, 2026.
On April 28, Iranian Foreign Ministry spokesman Baghae condemned the EU sanctions against Iran on the evening of April 27, calling them "inhumane" sanctions aimed at trampling on the basic rights of ordinary Iranians. Baghae stated on social media that the EU's "outdated moralizing" would not win any reputation for the EU and its member states on the international stage, but would only further expose the double standards and hypocrisy of the European ruling class, accelerating Europe's marginalization in international affairs and plunging it into an even more embarrassing situation. European Commission President Ursula von der Leyen stated on April 27 that it was impossible to lift sanctions against Iran at this stage. EU High Representative for Foreign Affairs and Security Policy Karas previously stated that EU member states had agreed to expand the scope of sanctions against Iran, including those responsible for obstructing navigation in the Strait of Hormuz.
Futures News, April 28th: Greige Fabric Inventory: On April 28th, greige fabric weaving inventory was approximately 32.7 days. The industry generally maintains a cautious approach to greige fabric inventory control, and due to volatile raw material prices, purchases are proceeding cautiously, resulting in a continued decline in greige fabric inventory. Both domestic and international trade orders are weak, and factories are currently primarily focused on fulfilling previous orders, hence the operating rate this week dropped to 61.8%. Greige Fabric/Material Trading: According to data monitoring and analysis from 350 price-collecting units, the Ministry of Commerce's China•Shengze Silk and Chemical Fiber Index continued to rise on April 28th, with the chemical fiber fabric price index closing at 101.63 points, an increase of 0.03 points compared to the previous trading day.
Italy's PPI rose 4.4% year-on-year in March, compared with a previous reading of -3.70%.
Italy's PPI rose 5.9% month-on-month in March, compared with a previous reading of -0.80%.
On April 28th, the Cyberspace Administration of China (CAC) recently discovered that the apps "Jianying" and "Maoxiang" and the website "Jimeng AI" failed to effectively implement regulations regarding the labeling of AI-generated and synthesized content, violating the Cybersecurity Law, the Interim Measures for the Administration of Generative Artificial Intelligence Services, and the Measures for the Labeling of AI-Generated and Synthetic Content. The CAC instructed local CAC offices to take measures against the aforementioned websites and platforms, including issuing warnings, reprimands, and severe penalties for those responsible. A CAC official stated that websites and platforms must strictly adhere to legal boundaries and rigorously implement regulations regarding the labeling of AI-generated and synthesized content. The CAC will further promote the rule of law in internet governance, continuously strengthen supervision and management of AI-generated and synthesized content labeling, effectively safeguard the public interest, and promote the healthy and orderly development of artificial intelligence.
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