A Bank of Japan board member, Takada, proposed raising the short-term interest rate target to 1.5%, but the board voted down the motion.

ECB President Lagarde said her remarks help promote principles she values around the world.

Shipping data show the tanker Leruo, loaded with Russian diesel and originally showing Manaus, Brazil as destination, altered its destination to Atlantic coast, awaiting instructions, while transiting the North Sea. Leruo departed Primorsk on Oct.16. Kpler and LSEG data show at least two Primorsk-origin vessels loaded with ULSD initially plotted for Turkey and Brazil. Russia partially lifted a self-imposed diesel export ban from Oct.10; the Kremlin said on Oct.15 Russian diesel has begun re-entering global markets. Under a prior agreement between Putin and Trump the US temporarily suspended sanctions on Russian fuel supplies, but EU and UK import bans remain in effect.