India, June 12 -- Asian stocks turned in a mixed performance on Thursday as a new U.S.-China trade deal provided few concrete details.
Talks in London aimed at cooling tensions between the countries ended in a "deal," according to U.S. President Donald Trump. The Chinese side did not disclose any progress, resulting in a fragile truce.
Trump's new threat that he would send letters to trading partners in the next week or two setting unilateral tariff rates and heightened tensions in the Middle East also kept investors on edge.
The dollar was under pressure ahead of U.S. producer price index data for May. Gold ticked higher in Asian trading, while oil prices fell about 1 percent after having hit their highest level in over two months.
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