CANADA STOCKS-TSX may open higher on EU common bond optimism

Wed Sep 14, 2011 8:26am EDT
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Sept 14 (Reuters) - Toronto's main stock index looked set to open higher on Wednesday as global stocks rose after European Commission said it will soon present options on how the euro zone might issue bonds jointly, seen by some investors as a first step in addressing the region's debt crisis.


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

* U.S. stock index futures and European shares rose after the head of the European Commission said it will present options for joint euro zone bonds, a tool that might help resolve the region's debt crisis. [.N] [.EU]

* Asian stocks were mixed with Nikkei slipping more than 1 percent to a fresh 2-year closing low ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ 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 0.20 percent in early trade.

* Brent crude rose as proposals from the European Commission to issue joint bonds reassured investors hoping for a resolution to the euro zone debt crisis. [O/R]

* Gold eased on Tuesday, taking its cue from the decline on the stock market after a downgrade of the debt of two major French banks because of their holdings of Greek debt. [GOL/]   Continued...