THURSDAY 5th JULY
TIME: 1014BST
NEWS: Veolia Environnement (VIE FP) wins a special waste contract in Hunan, China
REACTION: VIE FP shares move higher by 0.40% in the minute following the headline
TIME: 1028BST
NEWS: Norway Oil Industry Association says pensions conflict is deadlocked and calls for a lockout
REACTION: WTI and Brent crude futures both moved USD 0.80 higher in the one minute following the headline.
TIME: 1159BST
NEWS: China cuts benchmark interest rates
REACTION: The largest moves seen in European and US equity futures, with the e-mini S&P moving around 5 points higher and DAX futures moving 20 ticks to the upside. Bund futures fell 10 ticks, before paring most of the move.
TIME: 1207BST
NEWS: NEWSWIRE CORRECTION: China leaves reserve ratio unchanged
REACTION: After a newswire correction that China cut their interest rate NOT the RRR, initial knee jerk reactions were mostly pared, evident in Bund futures and US stock futures
TIME: 1257BST
NEWS: New Greek finance minister says the Greek program is off track in some respects REACTION: Continuation of recent moves are seen in the EUR currency and stock futures. EUR/USD printing fresh lows.
TIME: 1551BST
NEWS: Market talk that Pershing Square is about to make a 13G filing disclosing a 10%+ position in KB Home (KBH) – Unconfirmed
REACTION: Over the following 3 minutes since this market talk was reported, co. shares moved 1.25% to the upside. As of 1557BST, co. shares have gained 2.5%.
Source: RANsquawk
Thu, 20:10 05-07-2012