CANADA STOCKS-TSX may open high as copper, Brent crude rise

Wed Feb 2, 2011 8:26am EST
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Feb 2 (Reuters) - Canadian stock index futures pointed to a slightly higher open on Wednesday, buoyed by surging copper and Brent crude prices.


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

* U.S. stock index futures were little changed, a day after the Dow and S&P advanced to their highest close in about two years as investors looked ahead to new data on the labor market. [.N]

* European shares edged higher, with miners boosted by confidence in the pace of economic recovery, though gains were tempered by falls in industrials after results from Scania SCVb.ST and Sandvik. [.EU]

* Asian markets climbed with Japan's Nikkei index rising 1.8 percent -- its biggest one-day advance in around two months.


* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, rose 0.21 percent in early trade.

* Oil rose with North Sea Brent crude futures near a 28-month high on concerns that unrest in Egypt would trigger regime changes across the Middle East and North Africa, source of more than a third of the world's oil. [O/R]   Continued...