TOKYO - Shares jumped and the dollar pared recent gains on Monday as Asian markets reacted to better-than-expected US jobs data.

Wall Street stocks had closed sharply higher on Friday after the jobs data eased concerns about damage to the world's biggest economy from President Donald Trump's unpredictable tariff regime.

On Monday, MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.7 percent, with Australia's markets shut for a holiday. Japan's Nikkei stock index rose 0.9 percent.

But pan-region Euro Stoxx 50 futures pointed to a decline while US stock futures, the S&P 500 e-minis, slid 0.2 percent.

Sentiment was weighed down by a standoff in Los Angeles that led to Trump calling in the California National Guard to quell demonstrations over his immigration policies.

The dollar slid 0.3 percent against the yen to 144.46 , trimming its 0.9 percent jump on Friday. The European single currency was up 0.2 percent on the day at $1.1417. Sterling traded at $1.3553, up 0.3 percent.

US job growth slowed in May by less than had been forecast, data showed on Friday.

Attention now turns to US inflation data on Wednesday that will feed into expectations for the timing of any rate cuts by the Federal Reserve. The Fed is in a blackout period ahead of its June 18 policy decision.

Markets are facing "mixed fortunes" on Monday as they balance optimism over trade and the US economy against the potential for social unrest in California, said Jeff Ng, Head of Asia Macro Strategy at SMBC.

"In the meantime, we are also quite cognizant that in the US there are protests in LA and the National Guard is also being sent in, so we have to be on the watch for event risk as well," Ng said.

Gold was little changed at $3,311.65 per ounce after a 1.3 percent slide on Friday. US crude was steady at $64.54 a barrel following a 1.9 percent surge late last week.