Currency traders work at the foreign exchange dealing room in Seoul, South Korea, on Tuesday. Associated Press
World stocks held near record highs on Thursday as some encouraging US data ensured there was no post US-China trade deal hangover for global markets.
World shares slipped on Friday as a leading index strained for a record high, with investor nerves from Asia to Europe gnawing away over how or when the United States and China can agree a truce in their damaging trade war.
US officials announced a truce in the trade war with China with much fanfare, but economists and trade experts call it largely a victory for Beijing.
Australia has committed to removing the vast majority of social distancing restrictions imposed to slow the spread of COVID-19 by July, while nearly A$70 billion of government aid is scheduled to finish in September.
The global aviation industry has been hammered by the pandemic, as it is directly affected by border closures and population lockdowns.
The German government and Lufthansa, which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8 billion) bailout.