CANADA STOCKS-TSX futures edge up as Trump says ceasefire still holding
May 8 (Reuters) - Futures for Canada's main stock index ticked higher on Friday after U.S. President Donald Trump said a ceasefire was still holding, despite U.S.-Iran clashes and renewed attacks on the UAE.
June futures on the S&P/TSX index SXFcv1 were up 0.2% at 6:59 a.m. ET (1059 GMT).
The flare-up in fighting came as Washington awaited a response from Tehran to its proposal to end the conflict, which began with joint U.S.-Israeli airstrikes across Iran on February 28.
Spot gold XAU= and silver XAG= were up 0.7% and 2.7% respectively as inflation fears eased. GOL/
However, oil prices rose, with Brent crude back at $100.28 a barrel after renewed fighting near the Strait of Hormuz raised supply concerns, signaling skepticism among some investors. O/R
The Toronto Stock Exchange's S&P/TSX Composite Index .GSPTSE ended lower on Thursday as investors locked in recent gains ahead of U.S. and Canadian jobs data, with energy shares among the biggest decliners.
The benchmark set for a third straight weekly loss amid geopolitical tensions and volatility in oil and gold prices.
Investors are awaiting key U.S. employment data due later today at 8:30 a.m. ET.
On the earnings front, sugar and maple producer Rogers Sugar's RSI.TO second-quarter revenue fell and missed analyst expectations.
Oil and gas producer Cardinal Energy's CJ.TO first-quarter revenue rose on record production.
Energy utility Emera's EMA.TO first-quarter adjusted EPS rose 7% yr/yr, beating analyst expectations.
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