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Asian markets were mixed on Thursday after President Donald Trump said he had "no intention" of firing the US central bank head and made conciliatory comments on his trade war with China.

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US President Donald Trump on Wednesday played up prospects of a "fair deal" on trade with China, but his top officials offered few details of how Washington might de-escalate its damaging tariff war with Beijing.

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A relief rally swept global equity markets Wednesday as comments by US President Donald Trump that he had "no intention" of firing the head of the Federal Reserve and his signals of possible tariff cuts for China reassured investors.

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US President Donald Trump said Tuesday he had no plans to fire the Federal Reserve chief, in apparently conciliatory remarks after berating him and triggering market turmoil.