Asian shares rose on Monday after a weaker-than-expected US jobs report prompted investors to trim expectations that the Federal Reserve would hike interest rates as early as this month.
MSCI's broadest index of Asia-Pacific shares outside Japan extended early gains and was up 1.4 per cent by midday.
Japan's Nikkei stock index surged 1.1 per cent to three-month highs, even as the dollar slipped against the yen despite Bank of Japan Governor Haruhiko Kuroda's signal that the BOJ stands ready to ease monetary policy further.
US stock futures suggested a slightly firmer open on Wall Street later in the day, edging up 0.2 per cent.
Friday's US jobs report showed non farm payrolls rose by 151,000 jobs in August after an upwardly revised 275,000 increase in July. Economists polled by Reuters had expected a rise of 180,000.
Crude prices inched down, paring their robust gains in the previous session amid worries over a global oil glut.
Brent crude was down 0.6 per cent at $46.55 a barrel, while US crude slipped 0.6 per cent to $44.16.
Both had gained 3 per cent in the previous session as the dollar slipped after the employment data, making oil cheaper for investors holding other currencies.
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