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Donald Trump's unexpected 90-day tariff pause relieved global markets, boosting international stocks, including a significant rise in India's Nifty and Sensex indices

By Rae Wee SINGAPORE (Reuters) -Stocks drifted on Thursday and a rebound in the dollar lost traction as investors tried to sift through the noise from the Trump administration and its fickle stance on tariffs and the Federal Reserve's leadership.

Asian stock markets headed for a second straight week of gains on Friday and the dollar for its first weekly rise in more than a month as investors have welcomed an apparent softening of the White House stance on China,

President Donald Trump said Thursday that the U.S. and China have been negotiating a deal on tariffs after Beijing said earlier that such assertions from Washington were "fake news."

Amid mixed messages from the Trump administration on the direction of its trade war, markets notched a second day of gains as investors appeared to be betting Donald Trump is looking for a way to back down a bit,