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Markets nervous after first wave of attacks

World markets fell sharply this morning in the wake of US and British attacks on Afghanistan.

In London the FTSE 100 fell 2.4 per cent in the early hours of trading, while Germany&#39s Dax index fell 3.1 per cent and France&#39s Cac index fell 2.8 per cent. Early trading has been thin, indicating few investors have been panicking.

The Japanese market is closed for a national holiday today, but US markets will still trade electronically later today even though there is also a national holiday there.

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