CANADA STOCKS-TSX may open lower; U.S. economic data eyed

Wed Dec 4, 2013 8:16am EST
 
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Dec 4 (Reuters) - Canada's main stock index futures pointed to a lower open on Wednesday as markets focused on U.S. economic data that might provide hints when the U.S. Federal Reserve will start to wind down its bond-buying stimulus.

TOP STORIES

* The recovery in the euro zone private sector lost momentum in November, according to a survey that again highlighted the growing disparity between some of the bloc's biggest economies.

* Japanese Prime Minister Shinzo Abe is readying a $182 billion economic package this week in his latest bid to pull the economy out of deflation, but the new measures will not require the government to sell more debt.

* EU antitrust regulators fined six financial institutions including Deutsche Bank, Royal Bank of Scotland and Citigroup a record total of 1.71 billion euros for rigging financial benchmarks.

* Standard Chartered warned that 10 years of record earnings are likely to end this year, with profit set to fall because of losses in Korea, a slowdown in its key Asian markets and tougher regulations.

MARKET SNAPSHOT

* Canada stock futures traded down 0.25 percent   Continued...