[MARKET UPDATE] Asia-Pac stocks are mostly higher in early trade following last Friday's gains on Wall St, where weak jobs data unwound Fed rate hike bets

Session recaps of this kind follow a familiar transmission sequence: a soft US labour print compresses front-end rate expectations, the dollar and short yields ease, and Asia-Pac equities open to the positive tail of that move, with the rate-sensitive and exporter-heavy indices typically the cleanest expression. The pattern is well established through past easing-expectation episodes: the initial relief bid holds only as long as subsequent data does not reprice the path back, and the unwind of hike bets driven by a single employment release has historically been vulnerable to reversal on the next inflation or wages print. The distinction worth drawing is between genuine labour-market cooling and a noisy outlier; the former extends the move, the latter retraces it within a session or two. Follow-ons are the regional calendar, any official commentary from Fed speakers rebutting or endorsing the repricing, and whether the move is broad-based across the region or concentrated in the usual high-beta names. As a wrap rather than fresh information, the note is directional context, not a signal in itself.