CANADA STOCKS-TSX may open lower on rising concerns of Fed stimulus
Dec 3 (Reuters) - Canada's main stock index pointed to a lower open on Tuesday as upbeat U.S economic data heightened worries the Federal Reserve will soon scale back its monetary stimulus. TOP STORIES
* Euro zone producer prices fell more than expected in October, data showed, with the annual inflation rate at a nearly 4-year low in a fresh sign of a sharp fall in inflationary pressures.
* Growth in China's services sector held near one-year highs in November, another indicator of strength as the government prepares to introduce sweeping reforms to restructure the world's second-largest economy.
* Japan will craft an economic stimulus package this week worth about $53 billion to bolster the economy ahead of an increase in the national sales tax in April, people familiar with the process said.
* Potash Corp of Saskatchewan Inc said it would cut more than 1,000 jobs, or 18 percent of its workforce in Canada, the United States and Trinidad.MARKET SNAPSHOT
* Canada stock futures traded down 0.23 percent
* U.S. stock futures , , were down around 0.26 percent to 0.14 percent
* European shares, were down COMMODITY PRICE MOVES
* Thomson Reuters-Jefferies CRB Index : 275.1312; fell 0.07 percent Continued...