CANADA STOCKS-TSX may open lower as commodities weaken
Aug 10 (Reuters) - Toronto's resource-heavy main stock index could open lower on Tuesday as commodity prices were pressured by weaker-than-expected import data from China, the biggest resource consumer.
Canadian equity futures pointed to a lower open. <0#SXF:> The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, was down 0.97 percent in early trade.
Wall Street is also set for a lower start ahead of the Federal Reserve's meeting on monetary policy. [.N]
Speculation has been growing that the Fed will send a clear signal it is prepared to print more money to support a faltering U.S. economic recovery, if necessary. For details, see [ID:nN09301078]
Asian and European shares dropped with miners among the top losers.
Here is some news that could affect stock prices:
Oil dropped a dollar to below $81 a barrel on Tuesday, sapped by hints of weaker demand for fuel in the world's top energy users and a strengthening U.S. dollar. [O/R]
COPPER FALLS Continued...