CANADA STOCKS-TSX may open lower, commodities drag

Mon Sep 9, 2013 8:16am EDT
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Sept 9 (Reuters) - Canada's main stock index looked set open lower on Monday, as positive Chinese economic data did little to offset uncertainties surrounding a possible U.S. strike in Syria and the timeline of the U.S. Federal Reserve's monetary stimulus program. BlackBerry shares were firmer. TOP STORIES

* Muted inflation data added to a run of August figures suggesting the protracted slowdown in China's economy may be bottoming out, helped by targeted support measures and signs of improved export demand.

* Japan's economy expanded much faster than initially expected in the second quarter, adding to growing signs of a solid recovery taking hold and fortifying the case for Prime Minister Shinzo Abe to proceed with a planned sales tax hike next year.

* Japan's Suntory Beverage & Food Ltd is to buy GlaxoSmithKline Plc's Lucozade and Ribena brands for 1.35 billion pounds to help it expand into new markets.

* U.S. bricks and mortar retailers are racing to catch up with e-commerce giant in fast-growing online sales.MARKET SNAPSHOT

* Canada stock futures traded down 0.08 percent

* U.S. stock futures , , were up around 0.21 percent to 0.53 percent

* European shares, were down COMMODITY PRICE MOVES

* Thomson Reuters-Jefferies CRB Index : 293.3472; fell 0.19 percent   Continued...