i am courtney donohoe here in this is bloomberg. -- i am courtney donohoe. this is bloomberg. mark: we will tell you what is at stake for britain, germany, and the eu. this is bloomberg. ♪ ♪ vonnie: live from new york, i am vonnie quinn. mark: live from london, i am mark barton. the european close in roughly 13 minutes. theresa may meets angela merkel in berlin today, the u.k. under pressure to reveal more details about their relationship it wants with the eu after brexit. joining us -- both leaders facing troubles of a similar nature. given angela merkel has to give so much in the recent coalition talks, is she in a position to move negotiations with theresa may forward? >> yes, i think she is in a position. all of the troubles she had, she always made clear that germany had to be stable in order to play its role on the international stage. that is what she gets today here yes, she is ready to talk to britian,- written -- but she will talk for the whole european union and not just germany. mark: we are watching live the chancellor speaking in german in a news conference w

in on the first word news with courtney donohoe. has signed atrump two-year budget deal ending the shortest u.s. government shutdown on record. hours after the partial shutdown again at midnight, the house passed a two-year budget bill that raises federal spending by almost $300 billion and puts the death of -- debt ceiling on hold for one year. rand paul earlier padlocked a senate vote for hours, he was unhappy about extra government spending any measure. the sister of the north korean leader has shaken hands with south korea's president. it took place at the opening ceremony of the winter olympics. she is the first member of the dynasty that rules north korea to officially visit the south and will have lunch with the south korean president tomorrow. the european union's chief brexit negotiator has reached a prospect that the transition deal could fail. he said there were a substantial disagreements with the u.k. over the terms of the two-year grace the transition is crucial for business while a future trade deal between the sides

i am courtney donohoe. this is bloomberg. mark: coming up on the european with, amazon shares gain bigger profits from groceries to the cloud, why amazon is firing on all cylinders with shares rallying today. this is bloomberg. ♪ ♪ london, i amom mark barton with the european close roughly 14 minutes away. vonnie: from new york, i am vonnie quinn. amazon with his most profitable quarter. shares rising today, bucking trends in the rest of tech and in the broader markets. running us with his take on all of this is ubs analyst eric sheridan. i have seen upgrades today. one analyst raising his price --get from $5,900 to $2000 $1500 to $2000. >> we rose our students seeking hundred $20 per share. hours to $1620 per share. vonnie: the company is not profitable, at what point does that become a goal and does it concern you? >> we did raise our profitability expectations for 2018. operating income estimates came up around 35%. , we think there is a fair bit of profit going forward as revenue continues to compound, they will stay

courtney donohoe has more. courtney: president trump may struggle with that promise to spend $1.5 trillion to fix the countries crippling infrastructure. funding would be used to spur state and local governments and the private sector to come up with the rest of the money. democrats call that "bait and switch." in south africa, the fate of president jacob zuma is likely to be sealed at a meeting of the african natural congress top leadership. he has defied pressure to step down. his nine years in office have been marred by scandal. his spokesperson denied a report that he has already agreed to quit. the senate begins a rare debate on immigration today. at stake is the fate of the so-called dreamers, the young undocumented immigrant that faced deportation. democrats and some republicans say they want to help them and president trump says he will, too. in exchange, he wants money to build the wall on the border and significant limits to immigration. london city airport has been closed after the discovery of an un

courtney donohoe has more in the bloomberg first word news. julie: signs of inflation -- courtney: signs of inflation rising by 1% in january, with closing costs -- clothing costs being one of the culprits. meanwhile, the core inflation gauge, excluding food and energy, higher than expected. there is an indication the consumer demand in the first quarter is cooling down. retail sales unexpectedly fell in january. the december sales were revised downward to show little gain. car sales dropped last month by the most since august. senator bob corker is reconsidering his decision to retire. a spokesperson says that he is listening closely to people in his home state that want him to run for reelection. he is a strong critic of president trump, calling the critic of president trump, who calls corker a coward for not seeking another term. at handler of the champion the westminster dog show says that it will be flynn's final year at the competition, he turns six in march. global news, 24 hours a day, powered by 2700 journalists and analysts in over 1

here's courtney donohoe. courtney: president trump's target on twitter today is adam schiff, accusing him of being one of the biggest liars and leaders in washington and says he must be stopped. calls his tweets false smears. two senators will introduce a plan to solve the issue of young dreamers. the bills from senators john mccain and christopher tends dreamerant the permanent legal status and increase security along the border with mexico, but it would not pay for the wall that president trump wants. there's a report that american troops have started to pull out of iraq. according to the associated press, the drawdown comes following baghdad's declaration of victory last year. the presence says in iraq will be based on conditions in their. the only surviving member of the islamic state attack refused to rise for a belgian court today or answer questions about his actions. . it was his first appearance in public since his arrest nearly two years ago. s on charges in his hometown of brussels on charges of at

i'm courtney donohoe. this is bloomberg. vonnie: coming up we take a look at the treasury space options. this is bloomberg. ♪ ♪ live from london. i'm nejra cehic. >> let's go back to the big feast for bond traders. u.s. treasury department sold 51 billion dollars in three-month bills at 1.63 percent. the six-month bills, 2.18%, so a little higher than last week but at the same time a little next in terms of what we are expecting. i write is in our princeton bureau. the treasury didn't have to pay as much, it turns out, for the six-month as they were expecting, or as traders were expecting, but a little more for the three-month. what can we tell about pricing? >> a big price of it is there is a lot of that three-month bill. the treasury department needs to pay for tax refunds, they have a lot of spending, february and march of the biggest deficit months so its not surprising that they've had to increase that issuance and in order to get there we had to cheapen that part of the market just a little bit, in order to make su

i am courtney donohoe. this is bloomberg. nejra: thank you. coming up, latvia central bank and broiled in scandal when his private banks are not bearing better, we are not -- we will get you the latest. mark carney is speaking before parliament treasury committee, giving the central bank -- or rather talking about the quarterly inflation report and sticking to the script from the quarterly inflation report we got recently appeared he said the u.k. is headed for higher interest rates but policymakers need clearer guidance on the timing of any future rate increase. mark carney has been sticking to the script, saying rates will need to rise somewhat earlier at at a greater extent than previously anticipated. the pound has been paring losses . on the follow it all bloomberg. this is bloomberg. ♪ ♪ york, i ame from new vonnie quinn. nejra: live from the city of london, i am nejra cehic counting you down to the european close. butmembers meeting today one member of the bank's governing council is conspicuously absent. the gover

courtney donohoe has that. courtney: an orphaned 19-year-old with a troubled past. necklace cruz has been charged with premeditated murder after an attack on his old high school in south florida. 15 people are hospitalized. was armed with a semiautomatic rifle and smoke grenades. he warned the fbi about someone with the same name as the suspect. he left a comment on youtube saying that he would be a school shooter. is --ump administration the department of homeland security calls it an amnesty bill that would make it impossible to enforce immigration laws. the measure would provide a passage to sedition ship for young undocumented immigrants. a sign that inflation is picking up in the u.s. is wholesale prices rose last month thanks to high energy and hospital costs. in south africa, cyril ramaphosa has been sworn in as president. his nomination was unopposed in assembly, the members of one opposition party walked out saying that early elections should be called. jacob zuma finally gave in to demands that he resign. his nine years in office were marred by scandal. gl

i am courtney donohoe. this is bloomberg. vonnie: coming up, is the white house concerned about inflation at how strong is the u.s. economy? we put the questions to kevin hassett of the white house council of economic advisers. that is next. this is bloomberg. ♪ ♪ mark: live from london, i am mark barton. vonnie: live from new york i am vonnie quinn and this is the are being close on bloomberg markets. shares of chipotle falling the most in three months. that is after the earnings report showed traffic declining at its restaurants with shares off more than 10%. taylor riggs is with us for details. taylor: coming to my terminal and we will talk about same-store sales. we are looking at g #btv 5249. same-store sales in the fourth quarter of december year-over-year rose about 9/10 of 1%. let's go back to 2015. the food safety crisis. it push them through a bad 2016, you sought recovery in 2017 but struggling to recover. the good news is, well put traffic was negative, putting some pressure on same-store sales, the increased

i'm courtney donohoe, this is bloomberg. vonnie: coming up, we are talking tech. we head to the international conference and will -- in berlin. we will speak with the chairman of octopus ventures. vonnie: live from new york, i am vonnie quinn. mark: and i am mark barton. this is the european close on bloomberg markets. return conference in berlin. that miller spoke to the chief executive of ares capital about what worries him in the economic picture. >> final worry so much about the economy -- i don't worry so much about the economy. valuation because rates are very low. they encourage risk-taking behavior. matt miller joins us now from the conference with another special guest. matt: i am here with alex macpherson, chairman of octopus ventures capital fund and all the private equity guys that we have said that prices are high. they've got so much money to put to work. is that good for a person like you? alex: it is really interesting because in the european venture community, almost an arbitrage between the u.s. and asia with the european assets being really chea

i'm courtney donohoe. this is bloomberg. yorke: it is noon in new and 1:00 a.m. in hong kong. shery: welcome to "bloomberg markets." vonnie: here are the top stories on the bloomberg. u.s. stocks are mixed today. treasuries retracing now as a toing of auctions of be billion dollars gets underway -- $250 billion get underway. -- pizza party. we speak with domino's ceo patrick doyle about the company's fourth-quarter artificiald why intelligence may be taking a key role in their delivery strategy. taylor riggs is with us. taylor: a bit of a mixed picture here. you have the dow jones off .2%. the s&p 500 up .2%. upeye is on the nasdaq, almost .8%. i'm thinking the qualcomm bid that was revised higher is pushing everyone else higher today. whathing i'm looking at -- is not higher today, the next short positions on the nasdaq 100. we are taking a look at net shorts. we've had a good record month. my eyes will be on what happens here with the nasdaq 100. some of the other stocks we are watching today, the movie theaters. black panther had incredible opening over the weekend. are the