Asian markets mix, Gold stable above $1280

Major Asian markets are trading on a mix note on the start of a new week. Last Friday, US released NFP job data with negative numbers to 160K m/m vs 208K m/m previous release. Today Japan's average cash earnings rose 1.4% year-on-year in March, coming in stronger than the median analyst forecast of a 0.6% increase and 0.7% m/m previous release.

Gold hit high at $1295 last Friday but failed to break key resistance at $1303. Currently pair remains supported above $1280 marks.

Japan's Nikkei 225 index rallied 0.62% to 16,206.26 points on Monday morning in Tokyo, while the broader Topix index surged 1.03% to 1,311.69 points.

Chinese markets opened on a mixed note, with Hong Kong's benchmark Hang Seng index was trading 0.51% higher to 20,213.87 points, but the Shanghai Composite slid 0.93% to 2,886.05 points.

South Korea's Kospi index fell 0.56% to 1,966.34 points.

Australia's S&P/ASX 200 index was trading 0.14% lower to 5,284.70 points on Monday morning in Sydney.

New Zealand's benchmark S&P/NZX 50 index traded 0.13% lower at 6,889.36 points on Monday.