* TSX futures down 0.7%
* Oil up more than 1%, gold slips
April 23 (Reuters) - Futures linked to Canada's main
stock index fell on Thursday after Iran tightened its grip on
the Strait of Hormuz, renewing shipping concerns with no signs
of peace talks resuming.
June futures on the S&P/TSX index were down 0.7% at
6:28 a.m. ET (1128 GMT).
* Iran on Wednesday seized two ships trying to exit the
Strait and demanded Washington lift its naval blockade, which
remains in effect even after U.S. President Donald Trump
extended the ceasefire indefinitely.
* Oil prices extended gains on the renewed uncertainty,
rising more than 1% as stalled peace talks showed no signs of
restarting and traffic through the critical strait remained
restricted.
* Spot gold and silver fell 1% and 4.1%,
respectively, as higher energy prices revived inflation fears
and concerns of prolonged high interest rates.
* The Toronto Stock Exchange's S&P/TSX Composite Index
had ended higher on Wednesday after Trump's
announcement, clawing back some of the previous session's
losses.
* Apart from the situation in the Middle East, investors
are also tracking corporate earnings in the U.S. and Canada to
gauge the economic impact of the Iran war.
* Teck Resources ( TECK ) beat analysts' estimates for
first-quarter profit, aided by an increase in copper prices and
record sales.
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