GLOBAL MARKETS-Dollar dented by jobs miss, London attacks hurt sterling; stocks subdued

* Dollar edges up from 7-month low after disappointing jobs report

* Sterling slides after London attacks as election looms

* Asia ex-Japan stocks slip; Nikkei recovers as yen weakens

* Oil crawls up from slide after U.S. withdrawal from climate pact

By Nichola Saminather

SINGAPORE, June 5 (Reuters) - The dollar inched up from a seven-month low hit after U.S. jobs growth in May missed expectations, while sterling fell after the attacks in London that killed at least seven people and wounded 48, just days before Thursday's national election. Geopolitical risks kept Asian stocks subdued on Monday, despite U.S. stocks rising to record highs on Friday.

The dollar index, which tracks the greenback against a basket of six major peers, was up slightly at 96.77 after sinking on Friday to its lowest level since the U.S. presidential election in November.

U.S. nonfarm payrolls increased 138,000 in May, severely undershooting the forecast of 185,000, suggesting the labour market was losing momentum despite the unemployment rate falling to a 16-year low of 4.3 percent.

The number of jobs created in March and April was revised down by 66,000 from earlier reports.

The dollar gained 0.1 percent to 110.60 yen, after losing 0.8 percent on Friday.

The U.S. 10-year Treasury bond yield was at 2.1643 on Monday, having plunged from Thursday's close of 2.217 before the jobs data was released.

"The reaction in the 10-year yield implies that the market sees a third rate hike in 2017 as diminishing although still a very real possibility," James Woods, global investment analyst at Rivkin Securities in Sydney, wrote in a note.

After attackers rammed a van into pedestrians on London Bridge and stabbed revellers in nearby bars on Saturday in the third terrorist attack in Britain in the last three months, Prime Minister Theresa May said Thursday's national election would go ahead.

Police shot dead the three male assailants in London's Borough Market within eight minutes of receiving the first emergency call. They arrested 12 others, and raids are continuing, police said.

May is expected to resume campaigning on Monday for a vote which polls show is much tighter than previously predicted. A close election could throw Britain into political deadlock just days before formal Brexit talks with the European Union are due to begin on June 19.

Sterling fell as much as 0.3 percent before paring the losses to trade down 0.2 percent at $1.2864 on Monday.

"Today and tomorrow, I am guessing that sterling will move in a range ahead of the UK election, as I think no one can accurately forecast the outcome," said Masashi Murata, currency strategist for Brown Brothers Harriman in Tokyo.