[MARKET UPDATE] Asia-Pac bourses trade in the red (ASX 200 -0.9%, Nikkei 225 -0.7%, KOSPI -1.8%) while US equity futures reverse earlier losses; WTI futures pull back from highs but remains firmly in the green; DXY muted

The pullback in Asia-Pac bourses reflects growing concerns or profit-taking after recent gains, particularly notable in the KOSPI, which is down 1.8%. Meanwhile, the recovery in US equity futures suggests some divergence in sentiment, indicating potential resilience in the US market despite global headwinds. WTI remaining in the green, albeit pulling back, could point to sustained demand concerns, while the muted DXY indicates a lack of directional momentum in the dollar, possibly amidst mixed economic signals.