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Financial Focus highlights

· Spain pressed to cut more from its budget
· China hints at halt to renminbi rise
· British house prices fall at slowest pace since July 2010
· FTSE 100 makes small gain on lift in defensive shares
· Asian stocks rise on Greek bailout completion
· Yen reverses losses as Bank of Japan keeps rates unchanged
· Iran powerdeclining in oil market
· Milk priceslumping as record profit spurs expansion of herds

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