Caroline Hepker

is doubling down on its support for the populist leader as the country prepares for elections next month.

Speaking in Budapest, Rubio said that President Trump would provide assistance to Hungary if it ever ran into financial trouble.

He said the two countries are entering a golden era of relations.

Marco Rubio speaking there after President Trump gave his personal endorsement of Orban this month despite the Prime Minister's party trailing in opinion polls in Hungary.

And those are our top stories for you this morning.

Looking at the market, so Nasdaq futures this morning are currently down by eight-tenths of 1%.

The US is back from the President's Day holiday yesterday.

Asian stocks, very thin trading there because of the Lunar New Year holiday, but the MSCI Asia-Pacific Index is down.

A tenth of one percent.

The AI concerns have hit India's technology services industry.

They also caused Dassault Systems and Siemens shares to edge lower yesterday in European trading.

Treasuries edging high, yields sliding two and a half basis points.

Oil prices break crude steady with those U.S.-Iran markets.

talks and the kind of concerns around geopolitics.

Brent crude actually down six cents of one, so it's $68.20 for the battle.

We do have a lot of data out today.

You've got German CPI, the ZDW economic survey, as well as UK jobs data today.

So those are the markets.

I'm Caroline Hepka.

And this is Bloomberg.