CANADA STOCKS-TSX may open lower, euro zone liquidity in focus

Tue Dec 10, 2013 8:47am EST
 
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Dec 10 (Reuters) - Canadian stock index futures pointed to a lower open on Tuesday as markets focused on tight money market conditions in the euro zone's banking system where liquidity levels are now at the tightest in two years.

TOP STORIES

* European Union finance ministers are likely to take a political step towards creating a banking union with powers to close down failing banks, but leave nagging legal details to another time, perhaps next week.

* AutoZone Inc, the largest U.S. auto parts retailer, reported a 7 percent rise in quarterly profit due to higher repairs.

* The U.S. government sold its last shares of automaker General Motors Co on Monday, marking an end to a historic bailout of one of America's most storied companies.

MARKET SNAPSHOT

* Canada stock futures traded down 0.09 percent

* U.S. stock futures , , were mixed

* European shares, were down   Continued...