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. Safe-haven assets such as gold remained lower after steep selloffs.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5 percent in early trade on Monday. Japan's Nikkei stock index rose 0.9 percent.

At the same time, a standoff in Los Angeles that led to Trump calling in the California National Guard to quell demonstrations over his immigration policies weighed on sentiment.

The dollar slid 0.3 percent against the yen to 144.39 , trimming its 0.9 percent jump on Friday. The European single currency was up 0.2 percent on the day at $1.1422.

US employers added 139,000 jobs in May, data showed on Friday, fewer than the 147,000 jobs added in April, but exceeding the 130,000 gain forecast in a Reuters poll of economists. Attention now turns to inflation data on Wednesday that will feed into expectations for the timing of any rate cuts by the Federal Reserve.

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.

Spot gold fell 0.2 percent to $3,303.19 an ounce. US crude was little changed at $64.56 a barrel after a two-day gain.