CANADA STOCKS-TSX may open higher, c.banks seen keeping policy steady

Tue Mar 5, 2013 8:19am EST
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March 5 (Reuters) - Toronto's main stock index futures pointed to a higher open as investors bet central banks would maintain an accommodative monetary policy this week.


* France, Spain and Italy dragged the euro zone into a deeper downturn in February, according to business surveys that showed the chasm between these countries and prosperous Germany widening yet again.

* Tension over the U.S. fiscal crisis eased on Monday as President Barack Obama called more opposition lawmakers to find a way to stop $85 billion in damaging budget cuts and congressional Republicans announced a plan to prevent a government shutdown.

* Bank of Nova Scotia said quarterly profit rose 13 percent, driven by acquisitions in its foreign and domestic segments, and it raised its dividend.

* Anadarko Petroleum Corp and an Indian billionaire have launched the auction of a 20 percent stake in a Mozambique gas field that could fetch $4.5 billion, sources familiar with the matter told Reuters.

* Standard Chartered notched up a tenth successive rise in annual profit with a 1 percent gain that was capped by the bank's big fine for breaking U.S. sanctions on Iran and rising regulatory costs.


* Canada stock futures traded up 0.31 percent   Continued...