Trump on Iran: the US has another aircraft carrier ready to deploy.

Japan seasonally adjusted bank lending excluding trusts YoY 5.6% in October, down from 5.7% previously.

Iran’s Islamic Revolutionary Guard Corps navy public relations said two tankers transiting an unauthorized route in the Strait of Hormuz were intercepted and are burning after explosions. One vessel, described as a supertanker, exploded after striking a sea mine; the second, which IRGC said was attempting a covert transit under protection of a US military fighter jet, also suffered an incident and was intercepted. Both ships reportedly shut off navigation and identification systems, struck the Strait of Hormuz’s "firewall", were abandoned on the southern shore and remain aflame.