Canada's Foreign Minister Anand announced the re-imposition of sanctions on Iranian entities.

Fed Governor WALLER said the Fed will need to tighten policy further, citing US inflation that remains too high and poor September CPI data. He said he is particularly concerned that price pressures are broadening. Even if October CPI improves from September, he would support a 25bp hike in December; if October core CPI rises around 0.3% MoM or higher, the Fed may need to raise rates by 50bp in December.

Trump's speech at the White House has ended.