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Financial Focus highlights

· King’s £100bn gamble to save UK economy

· Central banks standby for Greek vote

· Italy’s borrowing costs spike at auction

· Spanish banks’ borrowing at new record

· Moody’s slash five French banks’ ratings

· US inflation fell sharply in May

· Markets buoyed yesterday by Greek poll

· European markets set to open higher

· Swiss ready to act to defend franc

· OPEC call for Saudis to scale back supplies

· Gold traders bet that prices will rise

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