March 27 (Reuters) - Futures tied to Canada's main stock
index edged lower on Friday as uncertainty around a resolution
to the Middle East conflict kept investors on edge, though gains
in oil and gold prices capped losses in the resource-heavy
market.
June futures on the S&P/TSX Composite Index were
down 0.2% as of 06:26 a.m. ET (1026 GMT).
* U.S. President Donald Trump extended his deadline for Iran
to reopen the Strait of Hormuz to April 6, after which he has
said the Middle Eastern country will face attacks on its energy
infrastructure.
* Oil prices pushed higher on Friday as investors remained
doubtful that the two sides would reach an agreement.
* Gold rose, supported by dollar weakness and value buying,
but was set for a fourth straight week of declines as rising
energy prices heightened inflation fears and fueled expectations
of interest-rate hikes globally.
* The Bank of Canada on Thursday warned it faces "a tough
job" navigating structural shifts that will permanently reshape
the country's economic landscape, with Senior Deputy Governor
Carolyn Rogers saying the next five years could prove as
turbulent as the last.
* Traders expect the Bank of Canada to keep rates unchanged
at its April meeting, while pricing in nearly three hikes by the
end of the year, LSEG data shows.
* The S&P/TSX Composite Index closed in negative
territory on Thursday, erasing some of the week's earlier gains,
and was poised to end March 7.1% lower.
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