Global Markets Steady Amid Strong AI and Debt Demand

Global markets remained mostly stable as attention turned to new AI developments and strong investor demand for SoftBank debt. Meanwhile, oil prices stayed below one hundred dollars and traders awaited upcoming trade talks.

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Australian dollars are seen in an illustration photo February 8, 2018. REUTERS/Daniel Munoz

The Australia dollar reached parity on its Canada counterpart for the first time in over eight years, underscoring unusual currency dynamics during morning trade. Asian equities flagged following five consecutive sessions of gains, while Wall Street futures held steady. Investor focus remains locked on artificial intelligence adoption metrics and high-yield debt issuance.

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