April 11 (Reuters) - Futures for Canada's main stock

index edged lower on Thursday, weighed down by receding

expectations of a June rate cut and falling oil prices.

June futures on the S&P/TSX index were down 0.4% at

7:00 a.m. ET (11:00 GMT), mirroring their U.S. counterparts.

The Toronto Stock Exchange's S&P/TSX composite index

ended 0.7% lower on Wednesday, logging its worst day

since February 13.

A hotter-than-expected inflation reading in the United

States on Wednesday prompted investors to scale back

expectations for interest rate cuts in June, triggering sharp

declines on Wall Street.

Meanwhile, the Bank of Canada kept its key interest rate at

a near 23-year high of 5% but said a cut in June was possible if

a recent cooling trend in inflation continues.

The last crucial data before the decision showed on Friday

that Canada's economy had shed a net 2,200 jobs in March while

the unemployment rate increased to a 26-month high of 6.1%,

suggesting a weakening labour market.

Money market participants are now pricing in just over 72%

bets of a cut in July..

On the commodities front, oil prices trended downwards as

investors braced for a potential attack on Israeli interests by

Iran.

Gold prices steadied amid geopolitical and economic

uncertainties while copper continued its uptrend on a softer

dollar and firm market fundamentals.

Data-wise, a March reading of the producer prices index is

due in the U.S. at 8:30 a.m. ET, alongside a weekly reading of

jobless claims.

COMMODITIES AT 7:00 a.m. ET

Gold futures: $2,340.6; +0.2%

US crude: $85.63; -0.7%

Brent crude: $89.94; -0.6%