News Headline Summary

US House Speaker Boehner says he is offering a 'credible plan' on fiscal cliff

- Plan deserves serious consideration by Obama.
- Republican offer proposed USD 600bln in health care savings; saves USD 200bln by revising inflation index for federal retirement benefits.

Reaction details (20:06)

- In reaction to the news E-mini S&P moved 3 points to the upside from 1410.00 to 1413.00.
- As of 2005GMT the initial fast money move has been completely reversed, last trade at 1410.50.

03 Dec 2012 - 20:00 - Equities Bank Speaker - Source: Newswires

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