SYDNEY, Aug 5 (Reuters) - Australian shares looked set to open modestly higher on Friday after an aggressive easing package from the Bank of England lifted risk appetite globally, though caution lingered ahead of U.S. jobs data later in the session.
The local share price index futures YAPcm1 rose 0.3 percent to 5,452. The underlying S&P/ASX 200 index .AXJO edged up 0.2 percent on Thursday to 5,475.8.
The Bank of England cut interest rates to next to nothing on Thursday and unleashed billions of pounds of stimulus to cushion the economic shock from Britain's vote to leave the European Union. Zealand's benchmark S&P/NZX 50 index .NZ50 was all but flat in early trade.
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