March 27 (Reuters) - Futures tied to Canada's main stock index edged lower on Friday as uncertainty around a resolution to the Middle East conflict kept investors on edge, though gains in oil and gold prices capped losses in the resource-heavy market.
June futures on the S&P/TSX Composite Index were down 0.2% as of 06:26 a.m. ET (1026 GMT).
* U.S. President Donald Trump extended his deadline for Iranto reopen the Strait of Hormuz to April 6, after which he hassaid the Middle Eastern country will face attacks on its energyinfrastructure. * Oil prices pushed higher on Friday as investors remaineddoubtful that the two sides would reach an agreement. [O/R] * Gold rose, supported by dollar weakness and value buying,but was set for a fourth straight week of declines as risingenergy prices heightened inflation fears and fueled expectationsof interest-rate hikes globally. * The Bank of Canada on Thursday warned it faces "a toughjob" navigating structural shifts that will permanently reshapethe country's economic landscape, with Senior Deputy GovernorCarolyn Rogers saying the next five years could prove asturbulent as the last. * Traders expect the Bank of Canada to keep rates unchangedat its April meeting, while pricing in nearly three hikes by theend of the year, LSEG data shows. * The S&P/TSX Composite Index closed in negative territoryon Thursday, erasing some of the week's earlier gains, and waspoised to end March 7.1% lower.
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(Reporting by Rashika Singh in Bengaluru; Editing by Jonathan Ananda)
