Dec 27 (Reuters) - Futures for Canada's main stock index

were little changed on Friday after interest rate cut bets came

under pressure due to tight labour market data in the U.S.,

while higher commodity prices are expected to lift the market.

June futures on the S&P/TSX index were down 0.1% at

6:58 a.m. ET (10:58 GMT). The index looks set for a weekly

decline.

Data this week showed a cooling U.S. consumer price index,

prompting market participants to swiftly price in at least two

rate cuts this year. However, Federal Reserve officials saying

rates may need to stay higher for longer and a report showing a

tight labour market have led to another shift in expectations.

Markets are now fully pricing in one U.S. rate cut in

November, with a 68% chance of a cut in September - down from

73% after the softer U.S. inflation data.

Meanwhile, investors expect the Bank of Canada to begin rate

cuts in June or July, with next Tuesday's inflation reading as a

key input.

The energy and materials sectors are

expected to move up, supported by a rise in commodity prices.

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

ended up 15.07 points, or 0.1%, at 22,299.83 on

Thursday.

Dow e-minis were down 0.03% at 6:58 a.m. ET, while

S&P 500 e-minis were down 0.02% and Nasdaq 100 e-minis

were 0.07%.

COMMODITIES AT 6:58 a.m. ET

Gold futures: $2,389.9; +0.2%

US crude: $79.4; +0.2%

Brent crude: $83.47; +0.2%

($1= C$1.3639)