India, June 5 -- Asian stocks were mixed in lackluster trade on Friday despite U.S. President Donald Trump describing a phone call with his Chinese counterpart as "very good" and saying it "resulted in a very positive conclusion for both countries."
The president also said the two countries' teams will be "meeting shortly at a location to be determined" and noted the conversation was focused "almost entirely" on trade.
Traders seem reluctant to take long positions as the European Central Bank indicated a possible end to its rate easing cycle and new data showed filings for U.S. unemployment benefits rose to their highest level in eight months last week.
The focus is now on the U.S. Labour Department's closely watched monthly jobs report ...