India, April 30 -- The Japanese yen weakened against other major currencies in the European session on Wednesday as European stock markets traded higher amid expectations of a potential trade deal with the United States.

Media reports suggested that China had quietly compiled a list of U.S.-made goods exempt from its 125 percent tariffs - seeking to ease trade tensions without public concessions.

U.S. President Donald Trump said he believes the U.S. will have a deal with India on trade.

The White House has also had "substantial talks" with Japan, and "the contours of a deal" with South Korea could be coming together, Treasury Secretary Scott Bessent said.

Instead of making aggressive wagers, traders may decide to hold off until Thursday...