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

Thu Sep 12, 2013 8:55am EDT
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Sept 12 (Reuters) - Canada's main stock index futures pointed to a flat to slightly lower open on Thursday as focus shifted from Syria to the U.S. Federal Reserve's monetary stimulus program.


* U.S. Secretary of State John Kerry flew into Geneva to hear Russia's plans to disarm Syria of its chemical weapons and avert U.S.-led military strikes, an initiative that has transformed diplomacy over a two-and-a-half year old civil war.

* Output at the euro zone's factories fell by much more than expected in July in a sign of the weak demand from European households and the shakiness of the bloc's economic recovery.

* Japan is considering $50 billion in economic stimulus to cushion the blow of a national sales-tax increase that is meant to rein in the government's massive debt, people involved in the decisions said.

* Encana Corp : The gas producer signaled a potential sale of dry natural gas assets as it focuses on more-lucrative oil and gas liquids.

* Hudson's Bay Co reported higher second-quarter sales as strong apparel sales at its Canadian namesake stores offset lower customer traffic at its Lord & Taylor chain in the United States.