Global Markets Hold Steady as Investors Await Nuclear Talks and Monitor AI Trends

Global equity markets remained broadly steady on Tuesday, February 17, 2026, as markets in the US US reopened following a holiday, though Nasdaq futures showed signs of slipping and oil prices retreated. Investors are closely monitoring the scheduled start of talks between the United States and Iran IR in Geneva later today, which are aimed at de-escalating regional tensions. These geopolitical negotiations, occurring alongside expected OPEC+ supply changes, are currently serving as primary drivers for cross-market flows and valuations across equities, commodities, and currencies.

The downward pressure on oil prices comes as market participants weigh the potential for increased supply from OPEC+ against the backdrop of the Geneva diplomatic efforts. This shift in the energy sector is influencing broader benchmarks, including the STOXX 600 and the MSCI all-country index. In the Asia-Pacific region, market sentiment remains tied to these global developments, affecting major hubs such as Japan JP, China CN, and Hong Kong HK, as well as trading activity in Singapore SG, Taiwan TW, and South Korea KR. Additionally, the ongoing geopolitical landscape involving Ukraine UA continues to be a factor in the broader reappraisal of risk.