CANADA STOCKS- TSX may open lower on falling commodity prices

Wed Dec 15, 2010 8:24am EST
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Dec 15 (Reuters) - Toronto's stock index futures pointed to a slightly lower open on Wednesday as commodity prices fell and other international markets lost ground.


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

* Wall Street is expected to open mixed on Wednesday as some traders might be apprehensive about taking fresh positions on Federal Reserve's tempered economic outlook and year-end book closure pressure. [.N]

* European stocks receded, halting a brisk two-week rally after Moody's put Spain on review for a possible downgrade, reviving euro-zone debt jitters and dragging down the euro. [.EU]

* Asian markets closed flat to lower, with Japan's Nikkei holding on to gains after hitting a seven-month closing high the day before.


* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, fell 0.55 percent in early trade.

* U.S. crude oil futures CLc1 fell by more than $1 a barrel on Wednesday, a day after the U.S. Federal Reserve dampened hopes of a rapid recovery in the world's largest consuming oil nation. [O/R]   Continued...