Russia-Ukraine conflict, "North Stream" pipeline leakage accident, Bank of England emergency market, US dollar index decline, offshore RMB surged 1,200 basis points... Last night this morning, the world was uneasy.
U.S. suggests that U.S. citizens in Russia leave as soon as possible
European Commission announces the eighth round of sanctions against Russia
0On September 28th local time, European Commission President vang der Leyen and EU High Representative for Foreign Affairs and Security PolicyBorelli held a press conference at the EU headquarters in Brussels, Belgium to announce the eighth round of sanctions against Russia.
von der Leyen announced that it would completely ban the sale of Russian goods in the EU market, which would reduce Russia's revenue by 7 billion euros; increase the list of goods, technologies and services prohibited exports to Russia; at the same time, the EU will also announce the legal basis for setting price limits for Russian oil and take measures to punish attempts to evade EU sanctions against Russia.
Borelli announced the increase of the list of sanctions on Russian individuals and entities, including personnel and entities from the Russian government, military and scientific research institutions.
According to regulations, the above measures are still to be reviewed and approved by the 27 EU member states.
In addition, the US Department of Defense issued a statement on September 28 local time, announcing that it would provide Ukraine with a new batch of military aid and materials worth US$1.1 billion, including the "Haimas" multi-barrel rocket launcher system and supporting ammunition, drone counter system, radar and armored vehicles.
At the same time, the US Embassy in Russia issued an announcement on September 28 (the announcement was drafted on September 27), suggesting that American citizens living in Russia leave Russia as soon as possible, and warn American citizens to travel to Russia with caution.
Latest battle situation: Russia said it would strike targets in many places in Ukraine,
Ukraine said it would strike Russian strongholds
According to CCTV News, Russian Ministry of Defense 9 on September 28, the Russian army attacked Ukraine targets in many places. The General Staff of the Ukrainian Armed Forces stated that the Ukrainian army repelled the Russian offensive in many areas and attacked the Russian strongholds.
Russian Defense Ministry spokesman Konashenkov reported on the 28th that the Russian army repelled Ukrainian's attack in the direction of HKD Man in the past day. The Russian army cracked down on a production workshop of armored vehicle in the Kharkiv area, which has a large number of tank and other vehicles. The Russian aviation and rocket artillery units attacked the Ukrainian command posts in the Kharkiv region, the Donetsk region and the Zaporoze region, and also attacked the Ukrainian artillery units, personnel, weapons and equipment in many areas.

The General Staff of the Ukrainian Armed Forces said on the 28th that the Russian army continued to shell the Ukrainian positions along the contact line between Russia and Ukraine, and the Ukrainian army repelled the Russian attack in many areas that day. In order to support the ground forces, the Ukrainian army attacked the Russian strongholds, command posts, personnel and weapons and equipment assembly points that day.

Russian side: Biden should respond to whether
threatens to "North Stream"
0The Nord Stream pipeline has continued to be concerned.
According to CCTV News, Russian Foreign Ministry spokesperson Zakharova html said on the 228th that US President Biden should respond to whether the United States has threatened the " Nord Stream-1" and " Nord Stream-2" natural gas pipelines.
Zakharova also said on the same day that the United States has long tried its best to undermine European energy cooperation and has used all possible and impossible means to do so. The primary purpose of the United States is to create competitive advantages for itself and provide American resources to Europe; and the more important purpose is to split Europe and bring the European continent back to an era when countries cannot reach consensus, so as to be unable to resolve the problem at the negotiating table.
Russian Deputy Representative to United Nations said that United Nations Security Council will hold an emergency meeting on the damage to the Nord Stream pipeline at 22:00 on the 30th Moscow time.
At the same time, according to Xinhua News Agency , Russian Presidential Press Secretary Peskov told Russian media on the 28th that the so-called Russian participation in the production of "North Stream-1" and "North Stream-2" natural gas pipeline leakage accidents is a "foreseeable stupid speculation."Peskov urged all parties to figure out the ins and outs of the damage to the "North Stream" pipeline and "who will benefit from it" before drawing a conclusion. He stressed that Russia will insist on letting Gazprom, the owner of the "North Stream" pipeline, participate in the accident investigation, and there is currently a lack of dialogue on the accident.

Aerial photo of leaking sea surface Photo source: Denmark Defense website
In addition, according to German media reports on the 28th, the German security department believes that the "North Stream-1" and "North Stream-2" natural gas pipelines are not suitable for re-investment after being damaged. If the damaged column is not repaired as soon as possible, a large amount of seawater will pour into the natural gas pipeline, causing pipeline corrosion.
On the same day, the Danish Energy Agency said that more than half of the natural gas in the "North Stream" pipeline had been lost, and the air pressure in the pipeline has been detected has been reduced, and it is expected that the natural gas in the pipeline will flow out around October 2. Denmark said it may take "one to two weeks" to start inspections of damaged pipelines due to pressure from gas leaks.
The UK urgently rescued the market
Offshore RMB rebounded 1200 points in the session
In terms of the market, according to CCTV News, the UK Central Bank of England Bank said on September 28 local time that it will start temporarily purchasing long-term government bonds on the same day to stabilize the financial market, restore market functions and reduce risks.
According to Reuters , the amount of bond purchases of Bank of England reached 65 billion pounds (about 510.5 billion yuan).
After the Bank of England's decision was announced, the pound sterling exchange rate rebounded, rising about 1.4% against the US dollar to 1.0881. The 10-year Treasury yield fell to 3.707% from 3.964% on Tuesday, after it had risen above 4% for the first time since 2008.
UBS U.S. stock director David Lefkowitz pointed out that the Bank of England's emergency intervention helped boost U.S. stock 's rise on Wednesday. Lefkowitz said: "In the past few trading days, the pressure on the U.S. stock market has reflected some turbulence in the fixed income market. As the turbulence subsides, we see the tone of the stock market improving.
On September 28, Eastern Time, the three major U.S. stock indexes closed up collectively, with the Dow Jones Industrial Average rising 1.88%, the Nasdaq rose 2.05%, and the S&P 500 index rising 1.97%.

Star Technology stocks , the " Yuan Universe " Meta rose more than 5%, the lowest rebound since December 2018; 1 Amazon rose more than 3% to a week's high; Microsoft rose nearly 2%, the lowest rebound since March last year; Netflix rose more than 9%, the largest increase since January 31; Google parent company Alphabet rose 2.6%, the lowest rebound since February last year; Tesla fell 2% and turned 1.7% to a week's high.
Apple fell 4.6% and closed down more than 1%. According to reports, Apple will cancel this year's iPhone because demand is not as high as expected. 14 series production increase plan. However, well-known Apple analyst Kuo Mingchi reiterated that the shipment forecast of iPhone 14 Pro and Pro Max will increase by about 10%.

Popular Chinese follow US stocks market higher.
Chinese ETF KWEB rose 1.9%, CQQQ rose 0.9%, Nasdaq Golden Dragon China Index (HXC) rose 1.4%. Among the four constituent stocks of Nasdaq 100, JD rose 0.5%, NetEase rose 0.1%, Baidu rose 1.8%, and Pinduoduo rose more than 3%. Among the other stocks of , Alibaba rose 4%, Tencent ADR and B station rose more than 1%.
, a basket of US dollar index, DXY, which measures against six major currencies, once rose to 114.78, setting a new high in 20 years, and the US stock market turned to fall and its deepest during the session. It fell 1.4%, and fell behind the 114 and 113 marks in succession. Bloomberg US dollar index hit the biggest drop in six weeks.

onshore RMB closed at 7.2020 yuan against the US dollar, down 220 points from Tuesday's night closing. The offshore RMB fell at 7.26 for a time, and the US stock market rose above 7.15 yuan at the end of the trading session and turned up during the day. The daily high rebounded by more than 1,200 points from the daily low. As of press time, the offshore RMB against the US dollar was 7.1638.

According to People's Bank of China on the evening of the 28th, on September 27, 2022, a video conference on the National Foreign Exchange Market Self-Discipline Mechanism was held.
meeting emphasized that the current foreign exchange market is generally standardized and orderly, but there are also a few companies following the trend of "exchange speculation" and financial institutions operating illegally. Guidance and correction should be strengthened. It must be recognized that the exchange rate point is inaccurate, and two-way fluctuation is the norm. Don’t bet on RMB exchange rate unilateral appreciation or depreciation. If you bet for a long time, you will lose.
editing| He Xiaotao Dubo
proofreading| Sun Zhicheng
Daily Economic News Comprehensive CCTV News, Xinhua News Agency, Cailianshe, Wall Street News
Daily Economic News