CANADA STOCKS-TSX may open higher on optimistic view of world economy

Fri Nov 29, 2013 8:17am EST
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Nov 29 (Reuters) - Canada's main stock index pointed to a higher open on Friday on optimism about the health of the global economy and support from central banks. TOP STORIES

* The first fall in euro zone unemployment in almost three years coupled with rising prices gave fresh momentum to an economic recovery, but a rift between the bloc's haves and have-nots continued to widen.

* Japanese consumer inflation accelerated to a five-year high in October and a narrower price measure increased at its fastest pace in 15 years, more evidence that Prime Minister Shinzo Abe's aggressive policies are forging an escape from deflation.

* Standard & Poor's agency cut the Netherlands' credit rating, reducing the euro zone club of full triple-A nations to just three, while rewarding Spain for efforts to reform its public finances.

* Australia rejected a A$2.8 billion takeover of GrainCorp by U.S. agribusiness giant Archer Daniels Midland, bowing to pressure from grain growers in a rare and surprising decision.

* Caisse de depot et placement du Quebec said on Thursday it has agreed to acquire a 26.7 percent stake in the Australia's Port of Brisbane from U.S.-based Global Infrastructure Partners, cashing in on rising trade with expanding Asian economies.MARKET SNAPSHOT

* Canada stock futures traded up 0.16 percent

* U.S. stock futures , , were up around 0.22 percent to 0.49 percent

* European shares, were up COMMODITY PRICE MOVES   Continued...