Tokyo’s Nikkei 225 index lost 1.3%, bouncing back from bigger losses earlier in the day to finish at 40,290.70. The Hang Seng in Hong Kong jumped 0.9% to 24,733.45, while the Shanghai Composite index climbed nearly 0.7% to 3,583.31. In South Korea, the Kospi surged 0.9% to 3,147.75.

The dollar extended its retreat on Monday after a disappointing U.S. jobs report added fuel to speculation that the Federal Reserve may begin easing rates as early as next month. As of 04:20 ET (08:20 GMT),