YUROS

IT’S EURO FEVER.

Yup, Euros kick off today, and we’re all obviously very excited.

It’s why I’ve waited til today to release the weekly newsletter.

According to Claude AI, the Euros could add 0.1% to 0.5% to German GDP (not hard considering how badly they’re doing generally)…

And could be a significant boost to retail sales through the month of June.

That’s great for them…

But we want to focus on us — I’ve got BIG into crypto meta recently in lieu of god-awful FX markets and two coins related to the Euros I reckon could pop off.

One is JOOD (which currently has a prediction site where you pay a couple dollars of JOOD coin to join a prize pool of $2500)…

and the other is Twent (backed by an old Macrodesiac subscriber with a following of 10m across various meme pages!).

I reckon they’ll both have good Euros and it’s a more optimal bet than going down the bookies since the upside is uncapped…

But best of all, the coins are supporting two charities, Prostate UK and Save the Children, for each $100k and $250k market cap they reach.

It’s a bit of fun over the Euros, so have a dabble and see what happens!

If you’ve never done this, here’s a great video explaining how to get involved.

What caught my eye this week?

Well it had to be that inflation number.

3.3%.

That’s a far cry from the 9%+ we had in June 2022.

It shows the Fed is doing their job and supply chain issues have basically gone…

More importantly though, we got our first rate cut priced in!

And I reckon this means UK mortgages start to get a little cheaper towards the back end of this year…

@fink.tok

Uk mortgage rates are set to decline THIS YEAR #ukeconomy

What’s cooking for next week?

Yes, I am slamming into crypto at the moment.

It’s simply more tradable than FX and our filter for momentum has only really shown one stock that was mentioned in the Discord last week, which I don’t have enough conviction on to write an article about or add to the model portfolio (if you premium subscribers are wondering where I’ve been!).

What I can say though is I reckon Bitcoin has a bit of a rally now we’ve had this week’s event risk out the way!

We’re currently trading above the 100 and 50 daily moving averages, with the last time we used the 100 as support being before the run to 72k.

That double top above could be a nice target for the month ahead 👀👀