CANADA STOCKS-TSX futures inch lower on concerns of US involvement in Israel-Iran conflict

June 19 (Reuters) - Futures linked to Canada's main stock index fell marginally on Thursday amid caution over the United States' possible entry into the Israel-Iran air war.

Futures on the S&P/TSX index SXFcv1 were down 0.1% at 05:45 a.m. ET (10:45 GMT).

President Donald Trump kept the world guessing about whether the United States will join Israel's bombardment of Iranian nuclear sites, saying "I may do it. I may not do it."

Much of the recent nervousness in markets has been centred around crude supply shocks, triggered by the tensions in the Middle East. On Thursday, oil prices LCOc1, CLc1 inched higher. O/R

Gold prices XAU= held steady while copper hit a near one-week low. Most other base metals also declined, pressured by a stronger U.S. dollar. GOL/MET/L

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE shed most of its gains to end almost flat on Wednesday after Federal Reserve Chair Jerome Powell said inflation in goods prices is expected to go up over the summer as Trump's tariffs work their way to consumers.

Investors now await Canadian retail sales data for April on Friday to assess whether consumer spending has been resilient in the face of tariff uncertainty.

Trading volumes in Canada remained subdued on Thursday as U.S. markets are closed for a public holiday.

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