News Headline Summary

RANsquawk - Today's Trading Edge

TIME: 1945GMT
NEWS: BoE's King says BoE is ready to provide more stimulus if needed; it is sensible to review BoE monetary policy regime
REACTION: GBP/USD fell 25pips in immediate reaction to these comments from King; moving from 1.5870 to 1.5845.

TIME: 1859GMT
NEWS: For US gun names, 3 people are said to be injured in Texas college shooting
REACTION: Smith & Wesson shares moved 1.25% lower in reaction to this news.

TIME: 1811GMT
NEWS: For SodaStream (SODA), market talk that David Einhorn is looking at the company as a short opportunity - unconfirmed
REACTION: In reaction to this report, co. shares moved 3.5% lower over 5 minutes

TIME: 1611GMT
NEWS: Microsoft said to be in talks with Silver Lake and Dell (DELL) according to CNBC
REACTION: In immediate reaction DELL shares rose 4.49%.

TIME: 1539GMT
NEWS: Portugal hires banks for tap of 4.35% October 2017 bonds according to leads, this marks Portugal’s return to capital markets, following in the footsteps of Irelands who successfully tested bond appetite previously.
REACTION: Mar-Bunds fell 5-ticks from 143.16 to 143.11 after it was reported that the Treasury is to tap markets; in the 10 mins following the news Mar-Bunds fell a further 3-ticks, falling a total of 8-ticks.

TIME: 1508GMT
NEWS: Sweden debt office approves Riksbank plan to boost FX reserves
REACTION: In an immediate reaction, EUR/SEK spiked higher 145pips higher from 8.6693 to 8.6835.

TIME: 1434GMT
NEWS: Harris Teeter (HTSI) has started a sale process and sent books to a select group of strategic and financial buyers
REACTION: HTSI shares rose 3.14% following this news, going from USD 37.05 to USD 38.85

TIME: 1124GMT
NEWS: Bumi (BUMI LN) director Horn-Smith says board entirely satisfied with CEO
REACTION: In an immediate reaction, co. shares spiked 1.70% lower from GBP 3.22 to GBP 3.16

22 Jan 2013 - 16:32 - Forex Bank Speaker - Source: RANsquawk

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