CANADA STOCKS-TSX set to open higher in catch-up after holiday

Tue Oct 11, 2011 9:10am EDT
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Oct 11 (Reuters) - Toronto's main stock index was set for a higher open on Tuesday, catching up with rising global markets after closing on Monday for the Canadian Thanksgiving holiday.


* Canadian equity futures <0#SXF:> pointed to a higher open.

* U.S. stock index futures fell after a strong rally in the prior session as investors awaited the results of a key vote by Slovakia on expanding the euro zone rescue fund. [.N]

* European shares fell snapping a four-day rally, in cautious trading ahead of a vote in Slovakia on extending the euro zone rescue fund, and the start of U.S. earnings season. [.EU]

* Asian shares rose after China moved to support its stock market by buying shares of major banks ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ To receive an early e-mail of Reuters Morning News Call - Canada -- a preview of market moving news -- Thomson Reuters subscribers can register at [CA/MNC] ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^


* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, fell 0.48 percent in early trade.

* Brent crude oil fell more than $1 to below $108 per barrel on concerns over the health of the euro zone economy and as Kuwaiti oil exports resumed after a strike by the country's customs union. [O/R]   Continued...