REFILE-CANADA STOCKS-TSX may open lower on debt fears; gold up
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July 18 (Reuters) - Toronto's resource heavy main stock index looked set to open lower on Monday, as investors fled riskier assets on a confluence of debt concerns on both sides of the Atlantic, pushing safe-haven gold to a fresh high.
FACTORS TO WATCH
* Canadian equity futures <0#SXF:> pointed to a lower open.
* U.S. stock index futures were lower as the deadline for a U.S. debt deal neared with no resolution in sight and investors continued to fret over ongoing fiscal problems in Europe. [.N]
* European shares fell sharply, and were testing key technical lows, with the financial sector among the biggest fallers as long-awaited bank stress tests result served only to intensify worries about the regional debt crisis. [.EU]
* Markets in Asia were largely low eyeing for a resolution to a confluence of debt concerns on both sides of the Atlantic.
COMMODITY PRICE MOVES
* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, fell 0.42 percent in early trade. Continued...