CANADA STOCKS-TSX to open flat on Ireland worries

Wed Nov 24, 2010 8:31am EST
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Nov 24 (Reuters) - Toronto's main stock index looked set to open little changed despite uncertainty over Ireland's plans to tackle its debts and fears the crisis could spread to other peripheral euro zone countries.


* Canadian equity futures <0#SXF:> point to a flat open.

* U.S. stock index futures edged higher as Wall Street looked to shift focus away from tensions on the Korean peninsula and European debt worries to U.S. data. [.N]

* European shares were higher, boosted by strong German business sentiment data. Trade was choppy amid concerns about Ireland's debt crisis and political tension in Korea. [.EU]

* Asian stocks were mixed. The Nikkei fell after Tuesday's North Korea's shelling of a South Korean island and China and Hong Kong rebounded from multi-week lows on lower volumes as investors bought beaten down stocks such as bank- and commodity-related counters.


* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, rose 0.30 percent in early trade.

* Oil edged above $81 a barrel, rising from a near week's low on expectations of falling U.S. inventories. [O/R]   Continued...