[Market Interpretation: Powell Focuses on Labor Market Weakness, Eurozone Bond Yields Decline] Eurozone government bond yields fell in early trading, following the trend of U.S. Treasury yields. The market interpreted Federal Reserve Chair Powell's remarks after a 25 basis point rate cut as focusing more on labor market weakness rather than inflation. Jefferies analyst Mohit Kumar stated that Powell emphasized the greater significance of labor market weakness, while inflation was only described as 'slightly' rising. The voting split suggests that the Federal Reserve will take a cautious approach in the future.

[Federal Reserve Cuts Interest Rates by 25 Basis Points, Signals Further Rate Cuts, Dollar Hits Seven-Week Low] The Federal Reserve overnight cut interest rates by 25 basis points as expected and signaled further rate cuts, appearing less cautious than anticipated in easing policy further. The dollar briefly hit a seven-week low. Michael Pfister of Commerzbank pointed out that Federal Reserve Chair Jerome Powell's remarks suggest that the risk of high inflation is less severe than the risk of a weakening labor market, potentially paving the way for further rate cuts after a pause in January next year.

Binance SPX/USDT perpetual trading volume surged 5 times within 10 minutes, with a turnover of 44.48 million US dollars in the past 24 hours, a decrease of 8.73% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world

[Binance Alpha Announces Launch of Cysic Trading and Opens CYS Airdrop Claim] Binance Alpha has announced that Cysic (CYS) trading will go live on December 11, 2025, at 16:00 (UTC+8). Users holding at least 226 Binance Alpha Points will be eligible to participate in the airdrop claim of 200 CYS tokens, available on a first-come, first-served basis.

[Binance USDⓈ-M Futures API Adds Trading Schedule Query and Contract Signing Features] Binance USDⓈ-M Futures REST API has added the GET /fapi/v1/tradingSchedule endpoint to retrieve weekly trading schedule information and the POST /fapi/v1/stock/contract endpoint to sign traditional financial contract agreements. The WebSocket API has added the tradingSession push, supporting real-time access to current trading session information.