Dec 31 (Reuters) - Canada’s main stock index looked set to open flat to slightly lower on Tuesday even as investor optimism for 2014 driven by ultra-easy monetary policies and an improving global economic outlook pushed global markets higher.
* Dallas Federal Reserve Bank President Richard Fisher said his votes on the central bank’s policy panel in 2014 will reflect his concern that the Fed’s bond-buying risks stoking inflation and exposing the institution politically.
* Warren Buffett’s Berkshire Hathaway Inc struck a deal to buy a Phillips 66 business that makes chemicals to improve the flow potential of pipelines for around $1.4 billion of stock.
* China has approved five firms to list on mainland stock exchanges, ending a year-long freeze on initial public offerings as authorities look to reboot a reformed market in 2014.
* Canada stock futures traded down 0.15 percent
* U.S. stock futures , , were up around 0.09 percent to 0.14 percent
* European shares, were up
* Thomson Reuters-Jefferies CRB Index : 282.306; fell 0.3 percent
* Gold futures : $1,197.7; fell 0.45 percent
* US crude : $98.71; fell 0.58 percent
* Brent crude : $110.9; fell 0.28 percent
* LME 3-month copper : $7,374.5; fell 0.01 percent
Following is a summary of research actions on Canadian companies reported by Reuters.
* Sherritt International Corp : National Bank Financial cuts target price to C$4.40 from C$4.75 following the company’s announcement to sell its coals operations and royalty business to Westmoreland Coal Co and Altius Minerals Corp, respectively
* No major Canadian economic data scheduled for the day
* Major U.S. events and data includes consumer confidence and Chicago PMI