• The dollar bounced after the previous day's drop, but falling yields are set to limit the greenback's gains.
Against a broad trade-weighted basket of its rivals, the dollar was trading at compared to a level of last week.100.39 99.30
• Japanese Prime Minister Shinzo Abe will propose a new cabinet level framework for U.S.-Japan talks on trade, security and macroeconomic issues, including currencies, when he meets U.S. President Donald Trump on Friday, a Japanese government official involved in planning the summit said.
Abe heads to Washington later on Thursday hoping promises to help create U.S. jobs and bolster Japan's military will persuade Trump to turn down the heat on trade and currency and stand by the decades-old alliance.
• U.S. President Donald Trump sent a letter to China's President Xi Jinping on Wednesday saying he looked forward to working with him "to develop a constructive relationship" that benefits both countries, the White House said in a statement.
The letter also thanked Xi for his congratulatory note on Trump's inauguration and wished the Chinese people a prosperous Year of the Rooster, the statement said.
• Russian President Vladimir Putin will travel to China in May for a summit and also plans to hold talks with Chinese President Xi Jinping, RIA news agency cited Russia's ambassador to China as saying.
• Oil prices rose on Thursday, boosted by an unexpected draw in U.S. gasoline inventories, although bloated crude supplies meant that fuel markets remain under pressure.
Brent crude futures LCOc1, the international benchmark for oil prices, were trading at $55.41 per barrel at 0515 GMT, up 29 cents, or 0.5 percent, from their last close.
U.S. West Texas Intermediate (WTI) crude CLc1 was up 26 cents, or 0.5 percent, at $52.60 a barrel.
The U.S. Energy Information Administration (EIA) said on Wednesday that gasoline stocks USOILG=ECI fell by 869,000 barrels last week to 256.2 million barrels, versus analyst expectations for a 1.1 million-barrel gain. [EIA/S]
Reference: Reuters
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