Asian stocks opened higher Friday as a planned meeting between Donald Trump and Xi Jinping eased nerves around trade tensions. Oil prices edged lower ahead of US inflation data.

An MSCI gauge of Asian shares was up around 0.3% at the open, following a move higher on Wall Street on Thursday. Shares in Intel Corp helped lift the mood, climbing in post-market trading after an upbeat revenue forecast. Treasuries had also snapped a three-day rally overnight as yields rose across the curve, with the 10-year climbing five basis points to 4%.

The moves came after the White House said President Trump will meet his Chinese counterpart Xi Jinping on Oct. 30, a positive development amid a trade war between the world’s two largest economies. The Trump administration is also weighing a quantum-computi

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