Shares are mixed in Asia as investors pin their hopes on weekend trade talks between China and the U.S. U.S. futures and oil prices logged modest gains.

U.S. stocks rose after the United States and United Kingdom announced a deal on trade that would lower some tariffs between the two countries

Asian stock markets climbed on Friday, led by Japans Nikkei 225, amid renewed global trade optimism after the United States and United Kingdom reached a trade deal framework. The agreement retained a 10% U.

A bilateral trade deal between India and the United Kingdom could be signed after three months and will take over a year to implement, an Indian government official said on Thursday. New Delhi and London concluded talks for a free trade deal on Tuesday,

That alone makes the trade deal agreed between India and Britain on May 6th significant—perhaps even a “landmark”, as Britain’s prime minister and his opposite number, Narendra Modi, claimed. The deal will add a useful boost to trade between the world’s fifth- and sixth-largest economies.