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13:01
Ansem: JTO and HYPE lead the market rally, WLD follows driven by the OpenAI narrative
According to Odaily, trader Ansem posted on X that JTO and HYPE are the strongest performing assets in the market today, clearly leading other tokens. Ansem also pointed out that although WLD's performance is slightly weaker than JTO and HYPE, it remains relatively strong overall due to narrative momentum related to OpenAI.
12:59
Moderna appoints new Chief Commercial Officer, expects to achieve several important clinical milestones this year
Glonghui June 16|Moderna announced the appointment of Ester Banque as the company’s new Chief Commercial Officer and has expanded President Stephen Hoge’s responsibilities to manage the Infectious Diseases, Intismeran, and Rare Diseases business units. Moderna expects to achieve several key clinical milestones this year, including potential pivotal trial results for Intismeran and a therapeutic solution for propionic acidemia. Positive trial outcomes are expected to drive the launch of its first products in the oncology and rare disease fields. In addition, Moderna anticipates launching up to three new products in 2027 and 2028, including a combined influenza and COVID vaccine, a seasonal influenza vaccine, and a norovirus vaccine.
12:57
U.S. retail sales increased by 9.2% year-on-year in the first two weeks of June, with resilient consumer spending supporting interest rate hike expectations.
⑴ According to Redbook data, U.S. retail sales for the week ending June 13 increased by 9.4% compared to the same period last year. Overall retail sales in the first two weeks of June grew by 9.2% year-over-year, indicating that U.S. consumer spending continues to maintain strong growth momentum. ⑵ The release of this data comes as markets widely expect the European Central Bank to raise rates further, while federal funds futures pricing shows a 99% probability that the Federal Reserve will keep rates unchanged at the June FOMC meeting, signaling a continued divergence in monetary policy paths across the Atlantic. ⑶ Combined with a sharp decline in oil prices recently (Brent has dropped to a three-month low) and a 15% plunge in Russian refined oil exports tightening supply, the boost to consumer purchasing power from lower energy costs is starting to show, which may partly explain retail data outperforming expectations. ⑷ Strong retail growth, coupled with uncertainty on the energy supply side, presents an even more complex trade-off for European and U.S. central banks between fighting inflation and preventing a secondary inflation wave. Attention will follow whether consumption data can remain at high levels and its potential transmission to terminal rate expectations and the long-term bond yield curve.
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