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Financial Focus highlights

Eurozone ‘bazooka’ shot down by Standard and Poor’s

· Mitt Romney rules out future bank bailouts

· Egypt asks IMF for $3.2bn standby facility

· Monday trading sees weakness in European financials reverse

· Asian shares take a lift from Cina’s slowing economic growth

· Yen and dollar fall of China GDP growth beats estimates

· Oil rises to three day high as Saudi’s target $100 a barrel

· Soybeans and corn climb on forecasts of dry weather in Argentina

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