CANADA STOCKS-TSX futures slip ahead of Nvidia results

May 28 (Reuters) - Futures for Canada's main stock index edged lower on Wednesday, pulling back from the previous session's record high, as investors awaited trade-related developments and chip giant Nvidia's quarterly results later in the day.

June futures on the S&P/TSX index SXFcv1 were down 0.4% at 6:16 a.m. ET (1016 GMT).

Nvidia NVDA.O is expected to report a 66.2% surge in first-quarter revenue, according to data compiled by LSEG; investors will be scrutinizing the AI bellwether's spending levels.

Canada's main stock index rose on Tuesday after recent strengthening of the Canadian dollar sent a potential signal that investors are growing more confident investing in the domestic market.

The TSX is set for a robust monthly gain, as easing global trade concerns boosted risk appetite.

Markets have been optimistic after trade tensions between the U.S. and Europe eased, with U.S. President Donald Trump delaying tariffs on the EU until July 9 to allow for negotiations between the White House and the 27-nation bloc.

Looking ahead, minutes from the Federal Reserve's policy meeting in early May, U.S. PCE data for April and Statistics Canada's first-quarter GDP data are scheduled to be released later this week.

In commodities, gold prices firmed and oil prices held steady on Wednesday, while industrial metals were subdued.

In corporate news, Definity Financial Corporation DFY.TO has agreed to acquire most of Travelers Canada for C$3.3 billion ($2.4 billion), making it the fourth largest property and casualty (P&C) insurer in Canada.

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