Nikkei
Tokyo's key Nikkei index closed at a fresh three-decade high on Monday, with investors encouraged by Wall Street rallies helped by a bumper US jobs report.
The benchmark Nikkei 225 index surged 2.20 percent, or 693.21 points, to 32,217.43, while the broader Topix index added 1.70 percent, or 37.09 points, to 2,219.79.
Hang Seng
Hong Kong stocks finished sharply higher again Monday, tracking a global advance, on hopes the US Federal Reserve will skip an interest rate hike next week.
The Hang Seng Index jumped 0.84 percent, or 158.56 points, to 19,108.50 following a four percent surge on Friday.
The Shanghai Composite Index edged up 0.07 percent, or 2.37 points, to 3,232.44, while the Shenzhen Composite Index on China's second exchange dipped 0.09 percent, or 1.92 points, to 2,033.70.
Gold
Gold futures finished higher on Monday, giving up early gains, after data showed that U.S. businesses grew at a slower pace in May.
With Federal Reserve officials now in their pre-policy decision blackout for speaking in public, "financial markets are left to focus on data alone, and today's ISM survey reads very badly," said Adrian Ash, director of research at BullionVault. The Institute for Supply Management's index of service-oriented businesses fell to 50.3% in May from 51.9%.
Gold continues to "mirror both the dollar and expectations for Fed interest rates very closely, so the U.S. services sector data has seen the precious metal reverse Friday's jobs data slump as betting that the Fed will raise rates in two weeks' time has evaporated," said Ash.
Gold for August delivery GCQ23, +0.31% climbed $4.70, or 0.2%, to settle at $1,974.30 an ounce on Comex.
Oil
Oil futures climbed on Monday, with U.S. benchmark prices settling at their highest since May 26.
Saudi Arabia on Sunday agreed to voluntarily cut its oil production level by 1 million barrels a day in July. "Spurring a bout of short-covering via a further surprise cut appears the best way to spur a relief rally but for now, the response by oil prices has been exceptionally tepid," said Matt Smith, lead oil analyst, Americas, at Kpler.
July West Texas Intermediate crude rose 41 cents, or 0.6%, to settle at $72.15 a barrel on the New York Mercantile Exchange.