Financial Focus

FRIDAY’S HEADLINES:

• EU leaders fail to agree treaty changes.
• ECB reduces benchmark rate to equal record low.
• US unemployment benefit figures provide some hope.
• China and Japan’s data indicates economic slowdown.
• Asian stocks fall overnight, with European indexes likely to follow
• Euro trading down as EU leaders struggle to forge accord
• Oil slipping to biggest weekly decline since September
• Gold steady following sharp decline yesterday  

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