CANADA STOCKS-TSX futures up on higher commodity prices, U.S. inflation data awaited

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Jun 17, 2007
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Futures for Canada's resources-heavy main stock index inched upwards on Friday, tracking strength in commodity prices ahead of a key inflation reading from the United States. Futures on the S&P/TSX index were up 0.2% at 6:43 a.m. ET, while their U.S. counterparts also edged up. Investors are on edge ahead of the personal consumption expenditure (PCE) report, which will be crucial in gauging the pace and size of future interest rate hikes from the U.S. Federal Reserve.
 
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