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AUD and NZD Extend Positive Trend

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Fresh Trend High

FED

Beige Book Sounds Familiar

PIPELINE

$4.5B Taiwan Semiconductor Mfg 4Pt Launched

US DATA
US DATA: Nov industrial production was up 0.2% vs +0.3% expected. Oct IP 
rev up to +1.2% from +0.9%.  
-IP saw most categories generally up, with mining +2.0%, manufacturing 
+0.2%, materials +0.6%, and business equipment +0.5%, but utilities 
-1.9%.
-IP ex motor veh +0.2%. Mfg excl. motor veh & parts +0.2%; and motor 
veh & parts +0.1%. 
-Durables mfg +0.4% with categories generally up, apart from a decline 
in wood products. 
-Nondurable mfg was flat, with declines in all categories except for 
printing and support and plastic and rubber. 
-Capacity utilization rose slightly to 77.1% vs 77.2% expected. Oct 
capacity util unrev at 77.0%. Mfg cap util rose slightly to 76.4%.