CANADA STOCKS-TSX may weaken on soft data, China inflation fear
April 14 (Reuters) - Toronto's main stock index looked set to open weaker on Thursday, with investor sentiment hurt by higher-than-expected U.S. jobless claims data and a report suggesting Chinese inflation will rise.
FACTORS TO WATCH
* Canadian equity futures <0#SXF:> pointed to a lower open.
* S&P index futures added to their losses on Thursday after data showed an unexpected rise in weekly U.S. jobless claims. [.N]
* Hong Kong's Phoenix TV, citing an unnamed source, said China's annual rate of inflation in March was likely to be 5.3-5.4 percent, a 32-month high and just above an estimate in a Reuters poll. [ID:nL3E7FE0EO]
* European stocks dipped early, as worries over Chinese inflation and doubts about the earnings season kept investors on edge, but losses were limited as a main index managed to stay above a key support level. [.EU]
* Asian stocks were mixed with Japan's Nikkei gaining but stayed in a narrow range.
COMMODITY PRICE MOVES
* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, fell 0.51 percent in early trade. Continued...