Cryptofrx

Bob Diamond, founding partner and CEO of Atlas Merchant Capital, discusses the emerging trend of tokenized real-world assets. Speaking with Bloomberg's Caroline Hyde on "Bloomberg Markets," Diamond also comments on the recent UK political turmoil, the outlook for Middle East markets and the Senate Banking Committee advancing the so-called Clarity Act that would establish the CFTC as the primary regulator for large parts of the crypto industry.

A shakeup in United Kingdom politics. Labour Member of Parliament Josh Simons will be stepping down, clearing the way for Greater Manchester Mayor Andy Burnham to return to Parliament and then seek the prime minister's job. This raises the stake for Prime Minister Keir Starmer who is fighting to keep his job. Bloomberg's Lizzy Burden has the latest.

White House National Economic Council Director Kevin Hassett says the April jobs report should not make the Federal Reserve want to raise interest rates. He also talks about bringing down the national debt and President Trump's trip to China next week. He speaks on Bloomberg Open Interest.

Fabio Bassi, head of cross-asset strategy at JPMorgan, discusses market sentiment as global equities rose on optimism that the US and Iran were nearing a deal. "The AI upstream theme is a critical diver of the dynamic of the equity market," Bassi tells Bloomberg Television. He adds that despite the oil supply shock in response to the situation in the Middle East, the message from earnings is still "positive."

The Japanese yen surged about 1.8% in the span of a half hour during the afternoon of the Asia session and topped 155.04 per dollar, renewing speculation that the country is intervening in the market. The currency later pared some of the advance. David Savage reports on Bloomberg Television.

Deutsche Bank CFO Raja Akram discusses the lender's first-quarter results, fixed-income trading and global uncertainty in light of the situation in the Middle East. "Credit and FX continue to outperform our expectations," Akram tells Bloomberg's Oliver Crook.

Revolut CEO and co-founder Nik Storonsky says the company didn't spend any money on marketing in its first five to seven years, relying entirely on word of mouth. He also discusses efforts to acquire a US banking license and Revolut's business today. This interview was recorded on April 14 at the Johns Hopkins Bloomberg Center in Washington, D.C.

Treasury Secretary Scott Bessent says that many Persian Gulf allies along with a number of Asian nations have requested foreign exchange swap lines with the US. He speaks during testimony before the Senate Appropriations Subcommittee on President Donald Trump's 2027 budget request.

BMO Chief FX Strategist Mark McCormick says the right trade is to be long dollar for now. He speaks on "Bloomberg The Close."

Kamal Sharma, G-10 FX strategy director at Bank of America, discusses the dollar's status as a safe haven as some banks are declaring the war-driven haven rally is likely over. He speaks on Bloomberg Television.