CANADA STOCKS-TSX may open higher; US nonfarm payroll data eyed

Thu Jan 9, 2014 8:34am EST
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Jan 9 (Reuters) - Following upbeat U.S. private-sector jobs data in the previous session, Canada's main stock index futures pointed to a higher open on Thursday as investors looked ahead to Friday's closely watched nonfarm payrolls report. TOP STORIES

* China's annual consumer inflation slowed more sharply than expected to a seven-month low of 2.5 percent in December, easing market fears of monetary policy tightening although the central bank is tapping the brakes on bank liquidity.

* The European Central Bank left its main interest rate unchanged at a record low of 0.25 percent, holding course despite persistent price weakness in the euro zone that has fed concerns about deflation risk.

* The Bank of England left monetary policy unchanged, sticking to its plan to keep interest rates at a record low until the country's surprisingly fast economic recovery broadens out.

* Jean Coutu Group Inc reported an 11 percent rise in third-quarter profit, helped by a fall in expenses and a lower tax bill.

* Nordion Inc reported a quarterly profit rebounding from a year-earlier loss that was partly due to a litigation charge.MARKET SNAPSHOT

* Canada stock futures traded up 0.27 percent

* U.S. stock futures , , were up around 0.25 percent to 0.32 percent

* European shares, were a touch higher COMMODITY PRICE MOVES   Continued...