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RARE PHOTOS: Most asian shares rise oil prices up after saudi output cuts - The Real Truth

Oil Asia United States US Federal Reserve the Federal Reserve Laura Wang Saudi Arabia China Jobs Report Sydney

A man is reflected on a monitor displaying a stock quotation board outside a bank in Tokyo, Japan, on Monday. (Reuters photo)

SYDNEY: Most Asian share markets rose on Monday on optimism the Federal Reserve would pause its rate hikes this month after a mixed US jobs report, while oil prices jumped after Saudi Arabia pledged big output cuts.

The optimism is set to run into some resistance in Europe, with pan-regional Euro Stoxx 50 futures down 0.2%. S&P 500 futures dipped 0.1% and Nasdaq futures dropped 0.4%.

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