CANADA STOCKS-TSX may open higher; central banks eyed

Wed Apr 3, 2013 8:23am EDT
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April 3 (Reuters) - Canada's main stock index looked set to open slightly higher on Wednesday, though investors remain cautious ahead of North American jobs data on Friday and this week's policy decisions by the Bank of Japan and European Central Bank.


* The rate of consumer price inflation in the 17 countries using the euro fell to an annual rate of 1.7 percent in March, according to a first estimate from the EU's statistics agency Eurostat.

* Shares in Vodafone fell after Verizon Communications ruled out a full takeover, turning the focus yet again to whether the two telecom giants can do a deal over their Verizon Wireless joint venture.

* Growth in China's services sectors rose to multi-month highs in March as a construction boom and firmer demand lifted business and confidence, auguring well for a modest recovery in the world's second largest economy.

* British construction output contracted in March for the third month in a row, a survey showed, suggesting the sector will have weighed on economic growth in the first quarter.

* U.S. pipeline regulators on Tuesday ordered Exxon Mobil Corp to take necessary corrective action for its ruptured pipeline that spilled thousands of barrels of crude oil into a small Arkansas housing development last week.


* Canada stock futures were slightly higher   Continued...