Asia-Pacific markets rose as investors pivot toward U.S. May jobs report

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Asia-Pacific markets rose as investors pivot toward U.S. May jobs report
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Asia-Pacific shares rose as traders look ahead to U.S. May jobs report, as debt ceiling concerns ease.

due Friday will highlight the challenges the Fed faces heading into the June policy meeting, according to Joe Davis, chief economist at Vanguard.

Hourly wages are expected to grow 0.3% on a monthly basis and 4.4% compared with the same month a year ago. In April, wages rose 0.48% month over month and 4.45% on an annualized basis.

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