Oct trade deficit widened to -$55.5 from in.>

US DATA: Oct trade deficit widened to -$55.5 from -$54.6b in Sep, a 

slightly wider gap than -$55.0b exp. Imports increased and exports 

decreased in the month. The census goods gap widened to -$77.0b from 

-$76.3b in Sep, a narrower gap than -$77.2b in the advance estimate.

- The NSA trade gap with China widened to $43.1b in Oct. Gaps with 

Canada, the EU, and Japan also widened in the month. This was partially 

offset by a narrower gap with Mexico. 

- Exports fell in Oct on declines in capital goods (-$0.5b, aircraft 

-$0.3b), autos (-$0.2b), and nonmonetary gold (-$0.8b). This was 

partially offset by gains in industrial supplies (+$0.3b, petro +$0.8b) 

and consumer goods (+$0.2b). 

- Imports rose in Oct despite declines in capital goods (-$1.0b on 

telecomm, -$0.5b aircraft engines) on gains in consumer goods (+$2.0b, 

mostly apparel, toys, and cell phones), autos (+$0.7b) and foods 

(+$0.2b). These were offset by declines in industrial supplies

(-$0.2b, crude oil -$0.3b).