CANADA STOCKS-TSX futures rise ahead of key US, Canada jobs data
June 6 (Reuters) - Futures tied to Canada's main stock index rose on Friday as investors awaited domestic employment figures and monthly payrolls data from the U.S., while signs of easing tensions between Washington and China fueled trade optimism.
The S&P/TSX index futures SXFcv1 were up 0.2% at 6:52 am ET (1052 GMT).
The monthly U.S. non-farm payrolls report, scheduled at 8:30 am ET, will help investors assess the impact of President Donald Trump's trade policies on the labor market.
Canada's monthly unemployment data is also due at 8:30 am ET.
This week, Trump doubled tariffs on imports on steel and aluminum; Canada is the largest seller of the metals to the U.S.
Canada's Industry Minister Melanie Joly said on Thursday that Prime Minister Mark Carney and Trump are in direct communication as part of Ottawa's bid to persuade Washington to lift tariffs.
Meanwhile, a highly-anticipated phone call between Trump and Chinese President Xi Jinping on Thursday, which Trump said led to "a very positive conclusion," offered hope the trade war between the world's two largest economies might start to de-escalate.
Additionally, China called on Friday for steps to improve bilateral ties with Canada, saying there were no deepseated conflicts of interest, following a spike in trade tensions with many of Beijing's Western trade partners this year.
In commodities, oil prices slipped but were on track for their firstly weekly gain. Gold prices firmed while copper ticked up; both were set for weekly rises.
Canada's main stock index edged higher on Thursday as higher oil prices boosted energy shares and investors assessed prospects of Canada reaching a trade deal with the U.S.
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