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Frontrunning: March 22

  • Brussels Rocked by Deadly Attacks With Blasts at Airport, Subway (BBG)
  • Death count climbs in Brussels blasts (Reuters)
  • Europe on High Alert After Blasts in Belgium (WSJ)
  • Brussels Phone Users Urged to Text Not Call as Networks Jammed (BBG)
  • U.S. Embassy Urges Citizens in Brussels to Shelter in Place (BBG)
  • Oil prices swept lower after Brussels blasts spook investors (Reuters)
  • Democratic Party workers pore over videos in bid to hobble Trump (Reuters)
  • Trump's Republican Turnout Boost Extends to Battleground States (BBG)

Global Markets, S&P500 Futures Fall After Brussels Bombings

This morning's Brussels bomb attacks have led to risk-off sentiment across European asset classes, with Bunds higher and equities firmly in the red, although if the Paris terrorist attacks of November are any indication, today's tragic events may be just the catalyst the S&P500 needs to surge back to all time highs. FX markets have also been dominated by events in Brussels, with USD and JPY strengthening, while EUR and GBP softening throughout the European morning.

FBI Cancels Encryption Showdown With Apple After "3rd Party" Showed Them How To Unlock iPhone

FBI Cancels Encryption Showdown With Apple After "3rd Party" Showed Them How To Unlock iPhone

Following a mysterious "third party"'s willingness to show The FBI how to unlock San Bernardino killer Farook's iPhone, court records indicate that the US government wishes to cancel tomorrow's showdown with Apple, filing a motion to vacate the hearing.

Hours after Tim Cook explcitly told the world (marketed) his firm would never sell out their privacy...

 

The US government filed a motion on Monday to vacate Tuesday’s hearing against Apple.

Former PM Says Sweden Needs More Migrants: "Does Any Place Still Believe In Humanity?!"

Uppsala is Sweden’s fourth largest city with around 150,000 people.

That means more migrants entered the country last year than there are people in Uppsala. On a per capita basis, Sweden lets in more refugees than any other country in the EU. At 20,000 asylum applications per million people, the rate is twice that of Germany.

Apple Rebrands iPhone 5S, Offers It For Double The Price, Unveils Nylon Wrist Band

Apple Rebrands iPhone 5S, Offers It For Double The Price, Unveils Nylon Wrist Band

Peak innovation? What do call an iPhone 5S with some upgraded internals but costs twice as much? Simple. Meet the iPhone SE (Suckers' Edition?)

 

The 4-inch iPhone 5S sells for $199.

 

The 4-inch iPhone SE sells for $399...

 

The new iPhone may be nothing more than a rebranded three year old 5S (now in rose gold), but, according to 'Twitter' it has all these "must have" features:

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