Ceo of canadas largest diversified mining company. Have a look at european equities, trading just about 30 minutes into the end of the session. The far left column is equities. We are down for a fourth day on the stoxx 600. The worst run since november. All of these in the second column arising against the dollar mix there for sovereign bonds. Carrier, the dutch mail has the biggest decline since december. It has announced additional cost cuts today to account for this decline in demand for its postal services. Lowering its forecast for earnings this year and aiming to capture the Additional Savings and push through christ price increases, a percent lower. Today we had the euro Economic Confidence rising to the highest level since 2011. That is the wide line. Areas data confirming the economy is in better shape than it has been for years, falling unemployment with weak inflation providing a boost to consumption. We have got a bevy of Economic Data to confirm the improvements in the 19 country block. The blue line is the Unemployment Rate which is continuing to decline. It is worth noting youth unemployment is still twice as high. The pickup in inflation could erode and inflation data could creep higher towards that 2 level. As for data in the eurozone, we are going to keep our eye on this. Check the difference between the french and german 10 year, which is narrowing today to 69 basis points. We hades showing holes showing that macron is opening up a biggest lead yet. Against francois fillon. Lets get to breaking news. We are taking a look at at t and time warner. Judges are reporting that the ftc chairman says he does not respect he does not expect his agency, the fcc, to review this deal. He says the agency has no role in the time warner at t deal review so that seems to be potentially less of an obstacle. I believe we have shares of these two companies and if we dont i can pull it up on the bloomberg. We are seeing time warner shares spike in that quick reaction. They are up by half of 1 . It is not a huge reaction that we are seeing something of a reaction. Let me switch that over to at t as well. We are really not seeing much reaction at all, we are already down about one and a quarter of 1 . We will keep you posted on this story. We will give you updates or confirmation. Back to the major averages, even though overall we are not seeing Much Movement there is something potentially notable happening today. The dow jones has been on a winning streak, higher for 11 straight days. Today makes the 12th straight session the dow is rising, albeit by only six points. If it does rise today there has never been a time that the dow has risen for exactly 12 sessions in a row. It did rise for 13 sessions back in january of 1987, so just something notable today. The s p 500 is trading at a record, albeit a very small gain today. As we watch these movements in the markets, it is a reminder that people are betting that volatility is going to increase. Again, look at the bloomberg. Btb 798. This is the volatility of volatility and as the price has been dropping, more money has been coming into it. Nonetheless, people are hedging against this future increase in which has yet to materialize. Back to the news of the day and some commentary out of the white house and out of President Trump. I just want to reiterate what we are seeing in terms of movement on the infrastructure stocks going higher. As the president talks about materials are rising. We have been watching Aerospace Companies rise as the white house talks about that 54 billion increase in defense spending. About three quarters of 1 and Health Care Stocks are getting a boost on the administrations plan to overhaul obamacare and the formal care act. Vonnie glad you mentioned that. The office of budget and in tow of is actually 450 billion but for that to happen it would require congress to approve scrapping the nondefense spending capital put in place by the 2011 budget control. So prepare yourselves for some turmoil ahead. It has been a busy morning for the trump administration. The white house is looking to boost the Defense Budget by 10 and although speaking to reporters by phone, white house officials said most agencies with the reductions and large cuts would be made in foreign aid. President trump is meeting with 11 executives from the Health Insurance industry. It was an off the record meeting. The of ministries and wants to repeal and replace obamacare and there was trumps address to the Governors Association as well. Kevin cirilli,is chief washington correspondent. Bones about the fact that health care has to be replaced before its tax cuts can happen. The tax cuts were going to happen. What kind of time when are we talking about . They would like to enact some type of congressional tax plan, reform package before the august recess. Last week the treasury secretary Steve Mnuchin told me the exact same thing. Heres what i can tell you. Said that hemp first needs to pass some type of repeal tactic revealed repeal package to the informal care act. All of that, he says, will be outlined tomorrow night in a joint address to congress in which he will advocate for 54 billion increases to defense and military spending. Byis going to offset that cutting the Environmental Protection agency as well as the state department and other agencies. Clearly, he is laying the groundwork for a policy agenda that stays on capitol hill. Vonnie those headlines out of that Health Care Meeting right now, reiterating what you just said, he said i will talk about how to deal with obamacare tomorrow and obamacare to be announced soon. Is there any agreement on any plan in any of the senate or the house or among any group of republicans . I can tell you that the top and blue for humana cross blue shield are huddled together with President Trump at the white house in order to what typest exactly of plan this and ministration will go forward on. Paul ryan is in the middle of waiting to hear from the nonpartisan budget scoring office to see just how much his plan would cost his replacement on health care. You are right. There is a Clear Division within the party on what approach to take in terms of repealing parts of the Affordable Care act. When you talk about the tea memberstraconservative like senator rand paul they are advocating for a much more conservative plan that people like senator Susan Collins who have put forth a much more moderate centrist approach from a policy position. This is without question the First Political test for this administration for how to navigate that tension. Vonnie once again, we will bring you those headlines from that playback with the ceos of the Health Care Industry and our thanks to Kevin Cirilli, chief washington correspondent. Mark lets get to european politics. Theresa may is getting ready for a fight on two fronts with scotlands government which is said to be preparing to call another referendum vote. Drafting aernment brexit in the house. Francois fillon and Emmanuel Macron holding their biggest rally held up by the rivals legal trouble. Sterling is left out of all major currency. With bloomberg paris reporter. When i woke up today sterling was down, give and take. Was that times referendum story nothing . It might have been. It didnt go up that much so obviously the debate over scotland remains at the forefront of peoples minds. It is important to note that among the banks, if you look at the polling data, it hasnt created as much for independence. Mark the other big event is the house of lords, inc. On ping pong. F lords, there seems to be some rebel lord. She might have some problems. The house of lords has been trying to or at least some parts have trying to include the minister under Margaret Thatcher to challenge for leadership of the country. They are saying they are going thatend the legislation would give theresa may the power to invoke article 50. If they do amend it, they might guarantee the rights of the citizens living in the u. K. That is one. What they would do is it would then go back to the house of commons in what you would call pingpong. The house of lords try to find some common ground. Some sort of binary vote. Brexitt wont delay until the end of march but it might delay the plan so she has them for early next week. They will push into the second week of march. Vonnie let me bring in caroline oconnor. It seems like we had a little bit of an evening to risk over the weekend. What exactly happened . Basically, the gap between the independent candidate, Marine Le Pen and Emmanuel Macron, he has gone to two point behind Marine Le Pen. There are some concerns and we have seen a 10 year french yield fiveweek law so french bonds are rising following this news. Emmanuel that Emmanuel Macron benefited from this. Veteran centrist is very popular. The, one of the leaders of may 68 protests in france, a very Popular French personality. All of this is getting some kind of weight to the candidacy of fillon. Has amacron is coming program over the past few days. He was the only candidate who wants to keep the french deficit at 3 targets instead of abandoning the eu. He also wants to drop taxes to the european average so all of this is feeding some of the investors concerns. Vonnie very proeurope as well. Would be the capital to change public opinion, particularly among young people who seem to skew in the other direction . That is right. A lot of young people are actually supporting Marine Le Pen. This is surprising in given the age of marine life Marine Le Pen. People between 20 and 25 years old have the highest among the french population. Also, if you look at the base of Marine Le Pen, it is stronger than the one of the other candidates, more than 80 of those who have sided with Marine Le Pen are sure. On macron site are sure. Mark the labour mp died today. It means the labor leader, Jeremy Corbyn faces another by election after last week. After a semidisastrous outcome with the election. Theresa may has got a bit of oo mph behind her. Interesting, the case of kaufman was one of the few constituencies in manchester in the north, whoever they pick for the labour party, they might have a challenge from the liberal democrats. The tories held the seat in the liberal democrats one it because of a referendum on brexit. The they are going to make manchester seat a referendum on brexit. If they go north and defeat labor. That is another by election. It seems to be. He is the man with nine lives. He is crawling along. Obviously, in the weekend we saw a lot of statesmen coming in but he does seem a bit tough on it. He did get 62 of the party back last year. Mark thanks very much for joining us. Simon kennedy, Bloomberg Brexit editor. Trump hasd president been meeting with ceos from the Health Care Industry and we are going to those remarks as soon as he gets them. I want to tell you, we have stocks moving higher after earlier comments from President Trump. The Governors Association talking about how he was going to deal with obamacare tomorrow. That is after a tax reform and a lot about infrastructure spending, limiting that budget to the joint session of congress. This is bloomberg. From bloomberg World Headquarters in new york, i am vonnie quinn. And i am mark barton, counting you down to the european close, 12 minutes until the end of the session. The London Stock Exchange heading to more collapse. The u. K. Market regulator rejecting the bonds to sell one of its holdings. They said it couldnt commit to sell its electronic Trading Platform. It is inclined to submit a counter proposal. Deutsche and lsd dropping now. I suppose they failed before to buy. Should we be totally surprised . This isnt a very tough market. Budget had one that fell apart in the European Commission is very difficult. She has only blocked one deal. This is the sixth or seventh. It looks like it is going to be withdrawn. Mark what about Interest Rate derivatives . Has come down to this nts division. Fewhe statement they sent a months ago was very complicated. There were a lot of surprise issues and this one didnt get a lot of headlines. But apparently it was a sticking point. Vonnie last year, they were thinking about bidding. But might ice jump in again now . If they have an opening. But particularly, these issues worked on for today. An issue, the u. K. Government concerns will still be an issue. Those havent adult with yet. Those havent been dealt with yet. It could go to the german governments. Tony ahrens, thank you. We will direct people to your story. We want to recap some headlines from trumps meeting with the Health Care Ceos. We are going to straighten that out and make a plan that is going to be fantastic. We will be talking about it tomorrow night during the speech. It is going to be Something Special and we will talk about it right now. I think you are going to like what you hear. Thank you for being here. I want to thank secretary tom price who is with us and doing a phenomenal job on a very complex subject. The subject of health care. He is an advocate for the patients. It is all about the patients. That is what he wants. He wants a Great Health Care system. Obamacare has been a disaster and it is only getting worse. Last year, premiums increased by double digits. Since it has gone into effect, premiums are up by almost 100 in many areas and i think that this year, it is going to be the year that i have always been predicting. 17 is going to be catastrophic for obamacare, for payments. Look at what is happening in various states like arizona, where it was up 160 . It is going to be worse this year. Obamacare force providers to limit the plan off plan options and drove prices way up. Now several counties are down to one insurer. Since obamacare went into effect nearly half of the insurers are stuck and have stopped from participating in the obamacare exchanges. That nearlyn so bad 20 million americans who have chosen to pay the penalty will receive an exemption rather than by insurance. That is something no one has ever heard of or thought could happen and they are actually doing that rather than enforce the buyer charge. We must Work Together to save americans from obamacare. Everyone knows that at this point. Andreate more complication bring down the prices substantially, the chaos that obamacare has created and for which Congressional Democrats and you see that are alone responsible for requires swift action. I told republicans that if we did nothing for a two year that would be from a political standpoint the best thing we could do. Let it implode and people will come begging. The democrats will come begging to do something to help them out of the jam. Once we start doing it we sort of inherent the problem we took over. It becomes ours. It is the right thing to do for the American People. Allowing this to go on this disaster to go on is a mistake. Im asking secretary price to work with you to stabilize the Insurance Markets and to ensure a smooth transition to the new plan and the new plan will be a great plan for the patients and the people and hopefully for the companies. It is going to be very competitive and of course costs will come down and health care will be very substantial. People will like it a lot. We are taking the best everyone can take. It is our hope that democrats. The obstruction. Been saying, resist everything including cabinet members. I have many that hasnt been approved yet. People are extraordinary, all of whom are going to be approved but they just take forever. Their goal is obstruct and resist. Their real phrase is resist. I should have picked another word. Us and we are going to hopefully work with the democrats because ultimately we are all people that love this country and we want to do the right thing, including reforms like expanded Health Care Savings accounts, state flex ability and the ability to purchase across state lines. The state lines are so important for competition. Everybody has wanted to do it for years. What is not to do . Thank you for being here. I want you to know that it is an honor to do business with you. It is a great to have you in the white house. Look forward to providing health care that is extraordinary, better than any other country. We have the talent. We have the capacity and we have the people. We will work on that together. Before the press leaves, we andd introduce you self your company and the public will get to see what you are about and if things are not working out, i am blaming you anyway. Thank you, mr. President. I am brian wilson, ceo of blue cross and blue shield in north carolina. I am pleased to represent our customers today. Ceoark burley, chairman and. I represent all Health Insurance plans and washington, d. C. Including plans to cover medicaid managed care. Ceo of humana. I am