Crypto markets stabilized amid the risk-on backdrop despite the carnage following the collapse of the FTX digital assets exchange earlier in the week.
Gold majored on USD weakness, touching US$ 1,760 overnight before settling near US$1,750 through most of the Asian day.
Crude was inactive given the moves in other markets and added only marginal gains, with the WTI futures contract over US$ 86.50 bbl and the Brent contract eyeing US$ 94 bbl.
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I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.