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Trading thins ahead of key US jobs data

By Jamie Chisholm, Global Markets Commentator, in London.

Published: September 3 2010 08:41 | Last updated: September 3 2010 08:41

Friday 08:30 BST. It’s a Friday at the end of summer, ahead of a long holiday weekend for Wall Street, and with “crucial” US jobs data to come: little wonder then that traders are sitting on their hands.

The FTSE All-World index is up just 0.1 per cent, Asia-Pacific trading is muted and European bourses have opened marginally higher, reflecting New York’s 0.5 per cent advance overnight. Currencies are becalmed, while there is little action in bonds and commodities.

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