CANADA STOCKS-TSX may open higher, U.S. jobless data eyed

Thu Jun 6, 2013 8:36am EDT
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June 6 (Reuters) - Canada's main stock index looked set to open higher on Thursday ahead of U.S. jobless claims data which could give hints on the health of the world's largest economy and the future of the Federal Reserve's monetary easing policy.


* The European Central Bank kept its main interest rate on hold at a record low 0.5 percent as it waits to see whether early signs of stabilisation in the euro zone will blossom into an economic recovery.

* The Bank of England voted against restarting its bond buying and left interest rates at a record low at Governor Mervyn King's final Monetary Policy Committee meeting.

* Major Drilling Group reported a 93 percent year-on-year drop in fourth quarter earnings on Wednesday as hard-hit mining companies canceled or delayed their exploration plans.

* Costco Wholesale reported May same-store sales that missed analyst estimates, due to a relatively stronger dollar and weak gasoline prices.

MARKET SNAPSHOT   Continued...