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· Asian stocks gained on Friday, joining a global trend as investors took heart from firm U.S. economic data plans hopes a meeting between U.S. and Chinese negotiators next month signals an easing in trade tensions.

The improvement in investors’ appetite for risk reduced demand for safe havens such as government bonds and the yen, however.

MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.4%, putting it on track for a 2.2% weekly gain - which would make it the best week since mid-June.

· Japanese shares hit a fresh one-month high on Friday as better-than-expected U.S. economic data and news of scheduled trade talks between the United States and China bolstered appetite for global stocks.

The benchmark Nikkei average gained 0.54% to 21,199.57, its highest closing level since Aug. 1. For the week, the index advanced 2.4%, its biggest gain in five months.

Global equity markets welcomed upbeat U.S. data and news that Washington and Beijing agreed to high-level talks early in October, raising hopes for a de-escalation of the damaging conflict.

“Although the mood is getting better, I don’t think investors are fully optimistic,” said a trader at a Japanese asset manager. “If the Nikkei can break above the 200-day moving average next week, it may create a feeling of FOMO (fear of missing out).”

· China stocks ended higher on Friday, posting their best weekly gains since late June, as Beijing vowed to further boost the economy, while Sino-U.S. trade tensions cooled.

The blue-chip CSI300 index rose 0.6%, to 3,948.51, while the Shanghai Composite Index closed up 0.5% at 2,999.60.

China and the United States on Thursday agreed to hold high-level talks in early October in Washington, cheering investors hoping for a trade war thaw as new U.S. tariffs on Chinese consumer goods chip away at global growth.

· European markets traded mixed on Friday morning, as investors monitored Brexit uncertainty and awaited a fresh batch of economic data.

Reference: Reuter, CNBC