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Financial Focus

THURSDAYS HEADLINES:

Banks face 350bn Basel III shortfall.

Japan embarks on shopping spree

  • Safe haven UK sees gilt yields at record lows
  • Risk sensitive commodity issues drag FTSE lower
  • Asian stocks fall for third day
  • Euro trades at 11 month low ahead of Spanish bond sale
  • OPEC agrees to higher oil target to accommodate Libya and Iraq
  • Gold plummets over $100 due to rising U.S. dollar

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