Asian markets are struggling. The Hang Seng has shed 121 points to 18,257. The Nikkei has dropped 64 points to 9,876.

The Straits Times has slipped 28 points to 2,325. The Seoul Composite is flat at 1,411.

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European markets have opened in red on falling metal and crude prices, ahead of US employment data.

The CAC 40 has slipped 47 points (1.5%) to 3,170. The DAX has slumped 97 points (2%) to 4,809.

The US futures too are trading in red.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end lower on profit booking - Govt goes ahead to allow direct import of jet fuel by airlines - Sahara-BCCI stalemate ends, Pune Warriors to play in IPL - GM reports weaker-than-expected profit - Israel steps up security for its diplomats

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