*Global stock markets surged on Friday as signs of potential trade negotiations between the United States and China boosted risk sentiment, following disappointing earnings from tech leaders Apple and Amazon that heightened concerns about the impact of the global trade war.*

*China stated on Friday that the United States had repeatedly expressed willingness to negotiate on tariffs, and that Beijing's door to negotiations remained open, an action that may ease trade tensions disrupting global markets.*

*The MSCI Asia-Pacific Index excluding Japan (.MIAPJ0000PUS) and the Australian dollar both rallied, with the latter climbing to its highest level since March 20, recovering losses sustained since early April when U.S. President Donald Trump launched the trade war with aggressive tariffs.*