CANADA STOCKS-TSX futures flat ahead of US inflation data

July 16 (Reuters) - Futures linked to Canada's benchmark index were flat on Wednesday as concerns about tariff-induced inflation weighed on the markets ahead of U.S. producer prices data due later in the day.

Futures on the S&P/TSX index .SXFcv1 were unchanged at 1,607.9 points by 06:17 a.m. ET (1017 GMT).

Trade tensions remained in focus after U.S. President Donald Trump announced a 19% tariff on Indonesian goods as part of a new deal, one of several agreements ahead of an August 1 deadline for broader tariff hikes.

Investors will keep a close watch on the U.S. producer prices data due later in on Tuesday, searching for signs of rising costs at the factory gate.

In the U.S., markets were cautious after Tuesday's inflation report that showed consumer prices picked up in June, likely marking the start of a long-anticipated tariff-induced increase in inflation.

On Tuesday, data showed Canada's annual inflation rose to 1.9% in June from 1.7% in May.

Gold XAU= prices gained on Wednesday on a softer dollar. Oil prices CLc1, LCOc1 steadied. O/R GOL/

In company news, Canadian gold and copper miner Aura Minerals ORA.TO said on Tuesday it plans to raise about $196.4 million from its U.S. initial public offering.

Toronto's benchmark S&P/TSX composite index .GSPTSE pulled back on Tuesday from a record high as investors assessed U.S. bank earnings and the domestic inflation data.

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