CANADA STOCKS-TSX set to open higher on China comments, data

Wed Feb 15, 2012 8:45am EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

Feb 15 (Reuters) - Toronto's main stock index looked set to open higher on Wednesday, helped by solid U.S. economic data and reassurance from Chinese authorities that the nation will keep investing in debt issued by euro-zone governments.


* Canadian equity futures pointed to a higher open.

* U.S. stock index futures rose, buoyed by comments from China's central bank chief that the country would keep investing in euro zone debt and better-than-expected data from Germany and France. Futures added to gains after the release of stronger-than-expected New York Fed Empire State manufacturing index data.

* European shares extended gains to fresh six-month highs in afternoon trade after Greece's Conservative Party said its leader had sent a letter of commitment to austerity measures to the Eurogroup.


* The Thomson Reuters-Jefferies CRB index, a global commodities benchmark, rose 0.36 percent in early trade.

* Oil rose to $118 a barrel as real and threatened supply disruptions outweighed concerns about the health of the global economy.   Continued...