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Morning Financial Market Headlines

Saudia Arabia cuts oil output -Financial Times

South Korean defence stocks briefly spiked following the announcement of successful North Korea missile launch – Bloomberg

Struggling retailer, HMV gets £40m supplier support – The Daily Telegraph

US trade gap widened in October – WSJ

China ramped up production of industrial materials including copper and oil products in November, suggesting smelters and refiners are gaining confidence that the world's second-largest economy is on a recovery course.

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