May 8 (Reuters) - Futures for Canada's main stock index ticked higher on Friday after U.S. President Donald Trump said a ceasefire was still holding, despite U.S.-Iran clashes and renewed attacks on the UAE.
June futures on the S&P/TSX index were up 0.2% at 6:59 a.m. ET (1059 GMT).
o The flare-up in fighting came as Washington awaited a response from Tehran to its proposal to end the conflict, which began with joint U.S.-Israeli airstrikes across Iran on February 28.
o Spot gold and silver were up 0.7% and 2.7% respectively as inflation fears eased. [GOL/]
o However, oil prices rose, with Brent crude back at $100.28 a barrel after renewed fighting near the Strait of Hormuz raised supply concerns, signaling skepticism among some investors. [O/R]
o The Toronto Stock Exchange's S&P/TSX Composite Index ended lower on Thursday as investors locked in recent gains ahead of U.S. and Canadian jobs data, with energy shares among the biggest decliners.
o The benchmark set for a third straight weekly loss amid geopolitical tensions and volatility in oil and gold prices.
o Investors are awaiting key U.S. employment data due later today at 8:30 a.m. ET.
o On the earnings front, sugar and maple producer Rogers Sugar's second-quarter revenue fell and missed analyst expectations.
o Oil and gas producer Cardinal Energy's first-quarter revenue rose on record production.
o Energy utility Emera's first-quarter adjusted EPS rose 7% yr/yr, beating analyst expectations.
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(Reporting by Tharuniyaa Lakshmi in Bengaluru)
