CANADA STOCKS-TSX may open lower, Fed uncertainity drags

Mon Aug 19, 2013 8:13am EDT
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Aug 19 (Reuters) - Canada's main stock index futures pointed to a lower open on Monday on growing expectations that the U.S. Federal Reserve will scale back its monetary stimulus program as early as next month.


* Japanese exports rose in July at the fastest annual pace in nearly three years as the benefits of a weak yen started to take hold, and brisk sales of cars and electronics to the United States, Asia and Europe showed a recovery in overseas demand.

* A federal bribery investigation into whether JPMorgan Chase & Co hired the children of key Chinese officials to help it win business is just the latest in a series of legal and regulatory headaches for CEO Jamie Dimon.

* Norway's Statoil sold stakes in North Sea oil fields to Austria's OMV, in a $2.65 billion deal giving the former cash to develop new projects and placing the latter on course to meet ambitious output targets.

* Swedish engineering group Atlas Copco said it was buying British industrial technology firm Edwards Group for up to $1.6 billion, an investment which should help it offset volatile swings in its mining business.MARKET SNAPSHOT

* Canada stock futures traded down 0.08 percent

* U.S. stock futures , , were mixed around -0.12 percent to 0.04 percent

* European shares, were down COMMODITY PRICE MOVES   Continued...