US TRADE BALANCE NARROWS SLIGHTLY LESS THAN EXPECTED

U.S. trade balance narrowed to -$40.6 billion.

Consensus was for a reading of -$40.0 billion, versus a revised -$43 billion in September.

Exports were up 1.3% to $US192.7 billion, month-over-month, and 5.5% year-over-year.

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