on the streets of paris is having an impact on the election. marine le pen want islamic radicals to be detained or expelled. would ask for more than 10,000 police added to the force. the attacker was killed by police. the islamic state has claimed responsibility. story involving a bomb attack involving a soccer team. arrested a suspect. he hoped to benefit. one player was wounded in the attack. in the white house, republicans put upodds in whether to another vote to repeal obamacare. global news, 24 hours a day, powered by more than 2600 journalists and analysts. david: sometimes lost in this talk about tax reform and help care changes is trump's promise to invest in infrastructure. >> we have been working on infrastructure since the beginning. i don't think you will see specific things to say vote on until the fall. when you see details on our , it is a five to one leverage ratio on that. michael, we lost track of infrastructure. they want to come back to this. he kept his $1 trillion number. is this realistic? it's a possibility, not something democrats embrace. everybody thinks i

as the news throughout the weekend. we see her in paris. i watched the special yesterday. the question i came back to was how could we get to a world where the two established parties in france did not even make it to the second round? francine: this is significant. there will be a lot of introspection and navelgazing today from the candidates who did not make it. there are two lines of thought. first is that france is ready to reform. they want growth and a more market friendly economy. that is why they voted for a 39-year-old the wants to shake things up but is not too scary. how does that explain 40% of the votes going to extreme candidates, marine le pen and jean-luc melenchon. there were four candidates. you can see the old school, the republicans almost had a clear win until january when we had francois fillon immersed in a scandal about paying his family without work being done. macron won because he was the most palatable. citizens were not really convinced with his project, but it was the favored amongst flawed candidates. david: beyond the antiestablishment tone, wha

the first time since the end of january. joining us now with more from paris is our bloomberg government reporter. greg, are we going to see a feel le pen -- fillon and le pen situation. greg: i do not know about that, because macron still looks in the lead with the polls. the pastas changed in few weeks. a few weeks ago, the scenario i macroned of le pen and taking the top spot seemed almost certain. we are going into this final week, and it really is the most uncertain wrench election ever. alix: what remains confidence is the support for le pen. how sticky are the voters for macron? how big will the turnout be? greg: the turnout will be an issue. le pen has a very loyal base. she has very little room beyond it to go. in the second round when the top two run off, it will become very important. macron has less sticky support. a lot of them say they are still uncertain about who they will vote for, but he does have a certain, centrist appeal. he does have much more room to assemble centrist voters. that is what he has been the favorite so far. fillon is between the two. he has

joins us from paris. right to have you on the program. a lot of people are confused. walk me through if it has any significance whatsoever for the next two weeks. mark: which headline, sorry? jonathan: the headline that she stepped down on the national front. mark: sorry, this is a tactical ploy. i think it does have an impact at the margin, but it doesn't change anything. french people say murder -- see marine le pen as the heir to the national front and that will continue, it will not change massively that adamic -- the dynamic of the campaign. you do not see anywhere on her campaign posters the national front and it is all about the strategy to reassure people and say i am not the bad, far right party you have heard about for 40 years. jonathan: the markets in the last hours are pricing out her presidential dreams carried what's in -- dreams. what can she do to turn around? mark: she is out there doing exactly what politicians do and campaigning and in the meantime, emmanuel macron has gone strangely quiet. what can marine le pen do? she needs to continue going forward and

take you to paris, france. the latest on the debate. the crowded debate where one came out on top. that is next. you are watching bloomberg. ♪ jon: all 11 french presidential candidates faced off in a debate yesterday and all eyes were on marine le pen as opponents attacked her on her opposition to the european union. bestluc melenchon was the performer in a poll while candidate macron all of closely. reported with us now from paris. he to have you on the program. who came out on top? poll,ording to this exit we had the candidate jean-luc melenchon coming out as the most convincing for the french people. you have to bear in mind that recently he has been taking points from the socialist candidate who is really struggling to survive in this campaign because of the legacy of president hollande. of the supporters for the center candidate, emmanuel macron. jon: the kind of threat to emmanuel macron, where it is it -- where is it going to come from? what does le pen need to do to change the narrative in a month? >> not only you had the five main contenders, but you also candidatesller atta

is going to move french banking out of london to paris. french debt should head to more like italy. jonathan: great to have you with us. david, who is going to move from the city of london to paris with a 100% tax over what? there you go. that is not going to happen anytime soon. [laughter] .avid: now we go to autos the new york international auto show is underway and we had to talk with the president of audi of america. thanks for being with us today. >> my pleasure, david. david: what has you most excited out of the lineup you are debuting? >> you know, last night we did a big event. we introduced audi sport, our performance brand. behind me, the beautiful coupe. currently, that has me excited. david: you are redoing dealerships, correct? to introduce the sport element? tell us about that. stores, asr existing you know. dealers have invested $2 billion in facilities over the last couple years. growth anduccess.ivested within the dealerships will be an audi sport section. we will have a dedicated person selling these cars, they have been to germany, knows about motorsports. we fee

of dollars with its westinghouse u.s. power business. lvmh rose shares of to records in paris. were boostedndbags by its fashion unit. sales increased 15%. it is the biggest sign yet of a for the luxury industry. police dragged a passenger off a united airlines flight that was over both. authorities say that will be an investigation. meanwhile, an internal investigation will be for united. united claims the passenger was being belligerent after being asked to leave the plane. jonathan: we are less than two weeks away from the first round of the fred -- the front election. the two-year -- the french election. the two-year spread is the highest in quite some time. that spread run across the curve. -- we are here with jurrien and vincent. vince, let's start with you. is this a big enough insurance premium head of the french elections? >> probably not. -- we will see a narrowing in the spread up to the general election in june. if there is an accident, that could blowout. an accident is a second round between mademoiselle the pen and -- a showdown between the extreme left and the extrem

joined now from paris. walk me through it. some people would say we are .ot in a four horse race fillon is not gain that much. melenchon is gaining. he has taken votes away from the .ocialist candidate voters seem to be throwing their lot in with melenchon. jonathan: thank you for your time. our guests are still with us. question, what does it mean for marine le pen? >> the uncertainty is whether surprise. major the polling would suggest no. i don't think it is an issue that is on the radar screens very much. if there is a big surprise in the second round, that could have unsettling impacts across the eurozone. to figure outrd how the markets are spreading it in. , and i keepas risen hearing different interpretations. this is only good news price stand? this is only good news price stand? a lot of things are called into question. one thing i would say is that if it is not marine le pen, who is it, and does it matter? if you think about the positive is ario for the eu, there positive case there. it matters who the alternative is. there are some fundamental questions for the eu at

. -- stoxx 600 today. hsbc has said it plans to relocate 20% of its trading staff to paris. it's all about managing expectations, still planning for contingencies ahead of the official decoupling from the eu. hanes brand up 10% premarket. preliminary -- earnings coming in on the high-end. this delays week store traffic fears for a little bit. an impressive move for hanes brand. jon: how many hands will go up jean-luc winsf the election? , narayana kocherlakota . from a beautiful new york city, you are watching bloomberg. ♪ jon: from new york city, this is "bloomberg daybreak." as we count you down to a day risk off. yields are lower. 2017 lows. down another basis point on a u.s. 10 year. we come in by .25%. let's get you up to speed on the headlines outside the business world. emma: president trump has indicated there are deep divisions between the u.s. and russia and that relations could not be worse. the president spoke at a news conference with the nato secretary-general. president trump: it would be wonderful if nato and our country could get along with russia. right now, we ar

hour and cover stories out of paris and beijing. here are the top stories we're following. yields on u.s. treasuries hit their lowest since november while equity markets bounce around. from angles with tom lee --of pimco joining us this hour. mark: in politics, the u.k. politics has overwhelmingly approved prime it is her theresa may's call for a snap election in june. the results triggered the intense campaign with brexit, negotiations, -- brexit negotiations a key topic. vonnie: morgan stanley rides the bond wave for the biggest increase and revenue.

york to london and cover stories at a paris and tokyo. but first, some headlines out of the bank of japan. speaking to francine affected ination is the short-term. they say they do not see constraints to doj policies and the japanese economy is growing well above its potential growth rate. doj has 40% of the japanese government bond market. that means 60% is still in the market. is current pace of purchase to continue for some time. if the fx