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Asia Markets: Asian stocks tread water as investors await U.S. jobs report

Asian shares were broadly weaker early Thursday, as markets cautiously awaited the release of U.S. jobs data that could jolt markets out of their summer malaise.

The Nikkei Stock Average NIK, +0.13% was flat, while the South Korea Kospi SEU, -0.50% fell 0.7% and Australia’s S&P/ASX 200 XJO, -0.29% was down 0.3%.

“Markets are treading water ahead of US non-farm payroll data tomorrow night,” wrote ANZ Research analysts in a note.

A recent report from payroll processor ADP, which showed private U.S. employers continued to hire at a solid clip in August by adding 177,000 workers, raised hopes for a strong showing in U.S.

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