CANADA STOCKS-TSX may open higher, Yellen's comments support

Thu Nov 14, 2013 8:17am EST
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Nov 14 (Reuters) - Canada's main stock index futures pointed to a higher open on Thursday on Janet Yellen's dovish comments that supported the Federal Reserve's quantitative easing policy, ahead of a crucial nomination hearing later in the day.


* The euro zone economy all but stagnated in the third quarter with France's recovery fizzling out and slower expansion in Germany.

* Janet Yellen, President Barack Obama's nominee to lead the U.S. Federal Reserve, will offer a stout defense on Thursday of the central bank's aggressive monetary easing before a Senate panel that includes some tough Republican critics.

* Wal-Mart Stores Inc reported lower-than-expected quarterly sales, hurt by an unexpected decline in U.S. comparable sales and what the company called a competitive retail environment.

* Kinross Gold Corp reported a sharp fall in third-quarter earnings on the back of a lower gold price.


* Canada stock futures traded up 0.1 percent

* U.S. stock futures , , were mixed around -0.29 to 0.27 percent   Continued...