May 14 (Reuters) - Futures for Canada's main stock index rose on Thursday, with gold prices steady and oil moving higher amid investors awaiting developments on the Middle East front and a high stakes U.S.-China summit.
June futures on the S&P/TSX index were up 0.4% at 06:41 a.m. ET.
o U.S. President Donald Trump is expected to ask China for help in ending the unpopular war in Iran, with peace talks between Tehran and Washington deadlocked
o Iran's foreign minister urged BRICS nations to condemn U.S. and Israel actions as "violations of international law"
o Oil prices, edged higher, with markets scouring for progress on a resolution for the U.S.-Iran war. O/R
o Gold prices were steady as investors digested a rise in U.S. producer prices driven by increased energy costs
o The Toronto Stock Exchange's S&P/TSX Composite Index slipped on Wednesday, with a decline in financials and tech shares weighing on the index
o Canadian home sales saw a modest rise in April while prices edged down, data from the Canadian Real Estate Association showed.
o Energy infrastructure firm Keyera posted a first-quarter loss
o Canadian Tire reported Q1 adjusted profit above market expectations
o Sherritt International said its first quarter financial filing could be delayed after its external auditor resigned and finance chief left, which could trigger a halt in its Canada shares trading
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(Reporting by Twesha Dikshit; Editing by Joyjeet Das)
