CANADA STOCKS-TSX may open lower as commods weigh
Nov 16 (Reuters) - Toronto's resource heavy index might open slightly lower on Tuesday as stronger U.S. dollar kept commodities under pressure.
FACTORS TO WATCH
* Canadian equity futures <0#SXF:> pointed to a lower open.
* U.S. stock index futures fell on concerns over a possible interest rate increase in China and sovereign debt woes in Europe. [.N]
* European shares fell, on concern about Ireland's debt crisis ahead of a key meeting of euro zone finance ministers and renewed talk of China further tightening its monetary policy. [.EU]
* Asian markets fell with Nikkei losing steam after touching a five-month intraday high.
COMMODITY PRICE MOVES
* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, fell 0.71 percent in early trade.
* Oil fell more than $1 to below $84, weighed down by a stronger dollar and ahead of expected news of a rise in U.S. crude stockpiles. [O/R] Continued...