President Trump and Chinese leader Xi Jinping spoke on Thursday, with tariff and trade talks set to resume next week. Trump said Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and US Trade Representative Jamieson Greer would meet with Chinese counterparts in London on Monday.

US China trade talks on June 9 may influence crypto prices as Bitcoin and Ethereum show strength amid global economic and regulatory uncertainty.

Beijing says it granted approval to some applications for the export of rare earths, a move that could ease tensions before trade negotiations between the US and China next week.

By Erwin Seba HOUSTON (Reuters) -Crude rose more than $1 a barrel on Friday, posting its first weekly gain in three weeks after a favorable U.S. jobs report and resumed trade talks between the U.S. and China,

Futures on Wall Street are trading with some green after a disappointing session on Thursday. The phone call between US President Donald Trump and Chinese President Xi Jinping left the street disappointed as it sought some bigger announcements instead of just another round of trade talks between the two sparring nations.

The U.S. declined to label China a currency manipulator in a new Treasury report, but accuses Beijing of standing out among America’s major trading partners for lacking transparency.

Wall Street edged higher and crude prices advanced on Thursday as investors weighed new trade talks between U.S. President Donald Trump and Chinese President Xi Jinping against a spate of downbeat economic data ahead of Friday's crucial jobs report.