CANADA STOCKS-TSX futures flat ahead of Canada GDP data

May 30 (Reuters) - Futures for Canada's main stock index were subdued on Friday ahead of domestic GDP data, as investors assessed a U.S. appeals court's decision to undo a prior ruling that had blocked most of President Donald Trump's tariffs.

June futures on the S&P/TSX index SXFcv1 were up 0.07% at 6:16 a.m. ET (1016 GMT).

On Thursday, a U.S. federal appeals court temporarily reinstated Trump's tariffs, a day after a trade court ruled he had exceeded his authority, to consider the government's appeal.

On Friday, focus will be on Canada's March as well as first-quarter gross domestic product figures that are scheduled at 08:30 a.m. ET. The data could reveal how the U.S. tariff policy shifts have affected the economy and how they may influence the Bank of Canada's interest rate decision next week.

Traders widely expect the central bank to stay put on interest rates.

This month, investor optimism rose with the easing of the global trade war after a limited trade deal between Washington and UK, and a U.S.-China trade truce.

The TSX has gained 5.5% so far in May and was set for its best month in six.

Investors also assessed hotter-than-expected domestic core inflation data and corporate earnings from Canada's biggest banks.

In commodities, gold and industrial metals prices fell, while oil prices were on track for a second consecutive weekly decline.

Canada's main stock index edged lower on Thursday, as mixed bank earnings weighed on financials.

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