* TSX futures down xx%
* Oil and gold prices slip
May 13 (Reuters) - Futures for Canada's main stock index
inched lower on Wednesday as gold and oil prices dipped, with
investors watching developments around the Middle East conflict
and U.S. President Donald Trump's visit to China.
June futures on the S&P/TSX index were down 0.04%
at 7:04 a.m. ET.
* Trump said he would urge China's Xi Jinping to "open up"
to U.S. business on his way to a summit in Beijing.
* Oil prices dipped, snapping a three-day
rally as investors were uncertain about developments in the war.
The stalling of U.S.-Iran peace talks this week has dimmed
reopening prospects for the Strait of Hormuz, through which
about a fifth of global oil and liquefied natural gas normally
flows.
* Gold prices extended losses as a stronger-than-expected
U.S. consumer prices data supported expectations of a tighter
monetary policy by the Federal Reserve. Producer prices and
retail sales data are due later today.
* The Toronto Stock Exchange's S&P/TSX Composite Index
jumped to a three-week high on Tuesday as a jump in
oil prices driven by an impasse in U.S.-Iran peace talks lifted
energy shares.
* Equinox Gold ( EQX ) said it would acquire Orla Mining ( ORLA )
in a deal that would create a North American-focused
gold producer with an implied market value of about $18.5
billion.
* Collision repair operator Boyd Group's
first-quarter sales rose 28% but slightly missed analyst
expectations.
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(Reporting by Tharuniyaa Lakshmi in Bengaluru; Editing by
Joyjeet Das)