Overview of Key Overnight Developments on October 1
21:00 (UTC+8) - 7:00 Keywords: Federal Reserve, rate cut, Brian Quintenz 1. The Federal Reserve agreed to ease capital requirements for Morgan Stanley; 2. The probability of a 25 basis point rate cut by the Federal Reserve in October has risen to 96.2%; 3. The U.S. government may shut down, and the approval of new crypto ETFs may be temporarily hindered; 4. The White House has withdrawn the nomination of Brian Quintenz as Chairman of the U.S. CFTC; 5. The U.S. Senate rejected the Democratic government's funding bill, and the federal government may shut down; 6. The U.S. SEC has notified employees to prepare emergency plans for a possible shutdown; 7. The U.S. SEC allows registered investment advisors to use state trust companies to custody crypto assets; 8. Federal Reserve's Logan: Inflation rate may reach as high as 2.4%, driven by non-housing services.
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