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Despite economic indicators falling short of expectation, US equity markets managed to squeeze out gains led by stronger commodities, which took the sting out of US output figures which failed to meet expectations. Industrial Production for October rose 0.1 percent, against expectations of a 0.4 percent rise. It was a similar theme for Producer Price index figures for October which recorded a rise of 0.3 percent, however failing to meet the 0.6 percent expected.
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