Asia stocks track Wall Street gains as softer-than-expected U.S. jobs data fuels rate cut hopes

Asian stocks mirrored Wall Street's gains following a U.S. jobs report that was weaker than expected, sparking optimism about potential Federal Reserve rate cuts. Investors are also looking ahead to the Reserve Bank of Australia's rate decision and China's trade data release. Meanwhile, in the U.S., the S&P 500 and other major indexes surged after the jobs report, indicating a possible easing of inflation pressures.