Overview of Major Overnight Developments on September 18

21:00 (UTC+8) - 7:00 Keywords: rate cut, ETF, CME, DeepSeek-R1 1. The Federal Reserve cut interest rates by 25 basis points, in line with market expectations; 2. Powell: This rate cut is a risk management cut; 3. CME will launch Solana and XRP futures options on October 13; 4. The DeepSeek-R1 paper appeared on the cover of Nature, with Liang Wenfeng as the corresponding author; 5. Due to a weak labor market and reduced inflation risks, the Bank of Canada cut interest rates by 25 basis points; 6. New York financial regulators require banks to adopt blockchain analytics technology to combat illegal activities; 7. Federal Reserve dot plot: overall more dovish, with one official expecting a 150 basis point rate cut within the year; 8. The US SEC approved general listing standards for commodity trust shares, easing the listing process for digital asset ETFs.