Cryptoswaps

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.

As oil prices remain above $100 per barrel, markets will be looking for guidance from central banks as to how they view the inflationary threat and the path ahead of monetary policy. Bloomberg's Morwenna Conium discusses with Anna Edwards on The Pulse on Bloomberg Television.