According to an “industry insider,” Bungie and Rare are allegedly set to announce new games at a Microsoft European event next week. The source fromGamer, who is said to have obtained the information “directly from Microsoft,” was unable to confirm which titles would be announced or apparently the date of this mysterious event.

As for speculation, one would suppose that any unveiling done by Bungie would consist of theHaloannouncementpulled at E3 this year. Could this be the time and place for Bungie to reveal one of the most anticipated announcements of the year? I asked my jelly donut this morning if such an announcement was possible at an event that we can’t confirm or deny. The donut said nothing, but it tasted quite good for what it’s worth.

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That leaves the Rare portion of this equation and as we understand it, Rare will have nothing up its sleeve until the release ofBanjo-Kazooie: Nuts & Bolts. As much as I would like to have aKiller Instinct 3announcement, it doesn’t look like its in the cards. We contacted Bungie and Microsoft about the supposed announcement, but I can already tell you what Microsoft is going to say:

Microsoft does not comment on rumors or speculation.

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