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Financial focus

.UK banks to have “electric ring fences”
City boosted by New Year jobs data.
US factory and payrolls data give hope.
Democrats target corporate tax breaks.
Berlusconi promises to lower taxes.
China’s services expand modestly.
Asian stocks rise on signs of global recovery.
European stocks likely to track US and Asia today.
Yen gains on speculation its drop was too quick.
Oil enjoys longest stretch of advances in eight years.
Commodity bulls rewarded by best rally since 2006.
Platinum rallies to four-month high.

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