Destry, a candidate for Bank Indonesia governor, said the central bank faces a more fragmented geopolitical landscape and volatile financial markets, and must not only preserve stability but also implement a policy mix to support growth and job creation.

Preliminary shipping data published Wednesday showed five bulk commodity vessels transited the Strait of Hormuz on Tuesday, unchanged from Monday but well below the 10-day average of 15, Kpler said. Kpler’s initial tracking indicated two LPG tankers and one asphalt tanker departed the strait, while two empty product tankers entered from the Gulf of Oman. Monday saw four bulk vessels. Data may be revised as some ships switch off AIS transponders. Traffic through Bab al-Mandeb was largely unchanged at 31 vessels on Tuesday, versus 29 a day earlier and broadly in line with the 10-day average.

Politico, citing two European diplomats, reports U.S. Trade Representative Greer has been invited to the EU trade ministers' meeting in Dublin on Oct. 22-23. The invitation comes as Washington steps up pressure on EU regulatory rules and as Brussels awaits a U.S. probe into European manufacturing that could prompt measures at odds with last year’s transatlantic trade agreement. Greer has not confirmed attendance. The meeting is hosted by Ireland during its EU Council presidency.