MSCI's global equities index was barely higher on Friday while Wall Street trading was choppy and the dollar lost ground as a U.S. trade deal with Britain fueled guarded optimism for U.S. tariff negotiations with China and other countries.

US equity investors will be watching closely as trade talks kick off between the Trump administration and China, with trillions of dollars hanging in the balance for American companies.

European stocks were rising Friday, with investors hopeful that a looming trade summit between China and the U.S. can ease global trade tensions. The continent's flagship Stoxx 600 climbed 0.5% in morning trading.