Jan 7 Canada's main stock index looked set to
open higher on Tuesday with investors awaiting events later this
week for signs of how trading in 2014 will shape up.
* Janet Yellen, a skilled economist and gifted communicator
who likes to hike and cook, made history on Monday as the U.S.
Senate confirmed her to be the first woman to lead the Federal
Reserve in its 100-year history.
* Euro zone inflation fell in December after a small rise
the previous month, increasing the European Central Bank's
challenge of avoiding deflation as well as supporting the bloc's
* A blast of Arctic air gripped the vast middle of the
United States on Monday with the coldest temperatures in two
decades causing at least four deaths, forcing businesses and
schools to close and canceling thousands of flights.
* China has temporarily lifted a 14-year-old ban on selling
video game consoles, paving the way for Sony Corp, Microsoft
Corp and Nintendo Co Ltd to enter the world's third largest
video game market in terms of revenue.
* Canada stock futures traded up 0.41 percent
* U.S. stock futures , , were up
around 0.25 percent to 0.43 percent
* European shares, were up
COMMODITY PRICE MOVES
* Thomson Reuters-Jefferies CRB Index : 278.6395;
rose 0.34 percent
* Gold futures : $1,237.7; fell 0.01 percent
* US crude : $94.03; rose 0.64 percent
* Brent crude : $107.33; rose 0.56 percent
* LME 3-month copper : $7,336.5; rose 0.16 percent
Following is a summary of research actions on Canadian
companies reported by Reuters.
* Alaris Royalty Corp : National Bank Financial
raises rating to outperform from sector perform as the company
continues to invest in existing successful partners, adding an
incremental C$5 million to Killick
* Kirkland Lake Gold Inc : CIBC cuts price target to
C$3.50 from C$4, says the likelihood of sale of company's shares
or assets is low given the current appetite in the merger and
ON THE CALENDAR
* Major Canadian economic data includes trade balance,
exports and imports
* Major U.S. events and data includes international trade