CANADA STOCKS-TSX may open lower on weak Chinese, euro data

Thu Mar 22, 2012 8:22am EDT
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March 22 (Reuters) - Toronto's resource heavy index looked set to open lower on Thursday, after weak Chinese and European economic data rekindled concerns about slowing global growth.


* Canadian equity futures pointed to a lower open.

* U.S. stock index futures fell after manufacturing data in the euro zone and China increased worry about a slowing global economy.

* European equity markets weakened for a fourth straight session, heading for their longest downward run in four months as weak economic data from China and Germany reignited concerns about the strength of global demand.


* The Thomson Reuters-Jefferies CRB index, a global commodities benchmark, fell 0.54 percent in early trade.

* Brent crude oil fell, and was set for its lowest close in more than two weeks after weak Chinese and European manufacturing data sparked fears slowing growth could dent global energy demand.   Continued...