US-China trade talks in focus

On Thursday the popular greenback stayed near the 60 days top against the euro. That fact was backed by sustained strength in weaker-than-expected data out of Europe and core U.S. inflation. The euro was exchanging under the important level of around $1.10 level at $1.1280.

While the U.S. inflation noted its slowest pace in almost 2 years last month, investors concentrated on the core price measure, that went up  for the third straight month.

Trade talks between China and the U.S are going to take place in Beijing.  On Thursday afternoon Asia stock markets interacted very carefully while traders looked for development in the matter.

Reportedly the U.S. President Donald Trump may be thinking whether to extend the deadline for a trade deal. The Shenzhen composite rose more than 0.1% as the mainland Chinese markets remained mixed by the morning session's end The Shanghai composite slid more than 0.3% and Hong Kong's Hang Seng index dropped 0.37%.