Futures pointed to a higher open for Asian markets on Friday.
Trump said on Thursday that the U.S. would withdraw from the climate agreement, but wanted to negotiate for new arrangements that were more "fair" to the U.S. In response, European leaders, including German Chancellor Angela Merkel, said in a statement that the Paris agreement "cannot be renegotiated."
Meanwhile, U.S. private payrolls data for the month of May raised market expectations for the upcoming nonfarm payrolls report due Friday U.S. time. The ADP report reflected that private sector employment rose by 253,000 jobs compared to forecasts of 185,000.
The dollar was firmer against a basket of six major currencies: The dollar index traded at 97.205 at 6:36 a.m. HK/SIN, which was off session lows of around 96.9. Dollar/yen was also stronger, with the greenback fetching 111.39 yen — higher than levels around the 110 handle seen earlier in the week.
Oil prices were mixed on worries about oversupply in markets.
Source: Bloomberg Pro Terminal
Junior Trader Stefan Panteleev
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