[MARKET UPDATE] Mixed start to the session with ASX 200 -0.2% and KOSPI +2.5%; US equity futures remain flat with a mild upward bias

The mixed performance of the ASX 200 and KOSPI indicates divergence in sentiment across Asian markets, with the KOSPI showing strength while the ASX 200 lags.

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[MARKET UPDATE] Crude continues ticking higher and closes the gap seen at the open following the UKMTO report of an incident 78 NM north of Fujairah, UAE; WTI Jun top end of 99.11-102.26/bbl range, Brent Jul top end of 105.55-108.80/bbl range

UKMTO reports an incident 78 NM north of Fujairah, UAE; "a tanker has reported being hit by unknown projectiles. All crew reported safe"

[MARKET UPDATE] Mixed start to the session with ASX 200 -0.2% and KOSPI +2.5%; US equity futures remain flat with a mild upward bias

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This might suggest selective risk appetite among investors, potentially linked to sector-specific or geopolitical factors. US equity futures' flat but mildly positive bias hints at a cautious optimism heading into the North American session, but the overall indecisiveness could lead to volatility as market participants digest further developments.

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