India, May 9 -- Asian shares ended mostly higher on Friday as investors parsed China's April trade data and looked ahead to crucial Sino-U.S. talks scheduled for this weekend.
Underlying sentiment was supported by a breakthrough in the U.S.-U.K. trade deal announced on Thursday and reports the Trump administration is weighing plans to lower Chinese tariffs to as low as 50 percent.
Treasuries were little changed after yields surged in the previous session. The dollar eyed a weekly rise as the U.S. trade deal with Britain fueled guarded optimism for progress in tariff talks with other countries.
Gold recovered some ground after two days of sharp losses. Crude prices extended gains after rising around 3 percent on Thursday on hopes for a br...