Asia shares slip, crude steadies; U.S. jobs in focus

September 1, 2016 2:24 AM

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Asia shares slip, crude steadies; U.S. jobs in focus

TOKYO Asian shares dipped on Thursday after lower crude oil prices dented Wall Street and a pair of Chinese manufacturing surveys did little to inspire investors as markets waited to see if U.S. employment data could put the Federal Reserve on track to hike interest rates.

Crude oil futures took back some lost ground after skidding on news of a large weekly build in U.S. crude and distillate stockpiles and a smaller-than-expected drawdown in gasoline.

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