Nov 29 (Reuters) - Futures tied to Canada's main stock

index edged higher on Friday in thin trading volumes, while

investors looked forward to the day's key economic data to gauge

the pace of the Bank of Canada's interest-rate cuts.

December futures on the S&P/TSX index were up 0.1%

at 6:06 a.m. ET (11:06 GMT).

The U.S. equity market reopened for half a day following the

Thanksgiving holiday on Thursday, with limited trading volumes

expected throughout the day.

All eyes will be on Canada's third-quarter gross domestic

product report, due at 8:30 a.m. ET. Economists forecast growth

slowing to an annualized rate of 1%, lower than the Canadian

central bank's estimate of 1.5%.

The country's economy has buckled under the pressure of high

borrowing costs. The top bank has already delivered four rate

cuts in a row this year to spur growth.

Traders widely expect a 25-basis-point rate cut at the BoC's

rate-setting meeting next month.

The TSX's heavyweight energy sector grabbed attention as oil

prices fell, pressured by easing concerns over supply risks from

the Israel-Hezbollah conflict.

The materials sector could mirror gold prices, which rose

due to a dip in the dollar and rising geopolitical tensions,

while copper prices also edged higher.

The composite index, which closed at a record high

on Thursday due to gains for energy and industrial shares, is on

track to log its fifth consecutive monthly rise.

COMMODITIES

Gold: $2,661.40; +0.77%

US crude: $68.30; -0.61%

Brent crude: $72.68; -0.82%

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report

Canadian dollar and bonds report

Reuters global stocks poll for Canada

Canadian markets directory

($1 = 1.4002 Canadian dollars)