AI-Linked Assets Maintain Momentum Amid Global Market Focus

Global markets are closely tracking signals from the AI sector as investor appetite for risk remains strong. The Australian dollar has reached parity with the Canadian dollar for the first time in over eight years, adding to the day's market focus.

The SoftBank debt sale attracted $20 billion in orders, signaling a high level of conviction among investors in the AI sector's growth prospects. This demand is being closely watched as it could indicate broader confidence across equities and credit.

Meanwhile, Brent crude remains below $100 per barrel due to increased pipeline flows from Saudi Arabia. Markets are also awaiting diplomatic developments involving Iran and China-U.S. trade discussions, which may have a significant impact on sentiment.