HYBRIDS: BP (BPLN: Sub A3/BBB/A-) Conference Call - CFO Confirming

• Futures are seeing continued unwind in big Volumes, Equities are recovering somewhat after plummeting overnight and into the session, Bonds are seeing decent selling interest.
• Volumes really standout when you consider that this is a session with no Tier 1 Data, and Tnotes (TYH5) has already traded over 1.2mln lots.
• The Tech sector is still in deep red territory, but the NQH5 saw its best Volume when it bounced just short of the January low earlier.
• At current levels, the NDX will be set to drop over 700p points on the Cash open in under an hour.
• NVIDIA is still down 11.6% pre Market.

• 10,000 SFRU5 96.37/96.62 call spds 4.5 ref 96.06 at 0824:57ET

• House Speaker Mike Johnson (R-LA) has invited US President Donald Trump to address a joint session of Congress on March 14.
• House Republicans are gathered in Florida this week to discuss strategy for legislating Trump’s agenda through a fractious Republican majority in the lower chamber. Trump is expected to deliver a keynote address to the retreat at 17:00 ET 22:00 GMT.
• Johnson will hope that, by the end of the week, he has a workable framework in place for a single reconciliation bill.
• Commerce Secretary nominee, Howard Lutnick, will have his Senate nomination hearing on Wednesday.
• Trump offered a preview of his muscular foreign policy and trade strategy in a standoff with Colombian President Gustavo Petro.
• Secretary of State Marco Rubio held his first call with his Chinese counterpart, Foreign Minister Wang Yi.
• Markets and policymakers are bracing for the implications of a Chinese artificial intelligence startup that could disrupt US dominance of the sector.
• The Kremlin is waiting for the White House to OK a call between Trump and Russian President Vladimir Putin.
• The Pentagon is readying more than 5,000 warfighting troops for deployment to the southern border.
• Trump disrupted diplomacy in the Middle East, suggesting that Jordan and Egypt should accept over a million refugees from Gaza.
• Poll of the Day: Voters believe corruption, inefficiency, and red tape are major problems within the federal government.

Full article: US DAILY BRIEF