The United States and China ended high-stakes trade talks on a positive note on Sunday, with U.S. officials touting a "deal" to reduce the U.S. trade deficit while Chinese officials said the sides had reached "important consensus.

Wall Street stock futures jumped and the dollar firmed against safe haven peers on Monday as signs of progress in U.S.-China trade talks boosted hopes a global recession might be avoided, though details of any deal were still to come.

The dollar added almost 0.5 percent on the safe haven yen to reach 146.03 , though it was off an early five-week peak of 146.31. The euro dipped 0.2 percent to $1.1224 and the dollar index edged up 0.2 percent to 100.60 .