June 10 (Reuters) - Futures tracking Canada's blue-chip stocks edged lower on Wednesday, as global risk sentiment was hurt by renewed U.S.-Iran hostilities, while investors awaited the Bank of Canada's rate decision due later in the day.
June futures on the S&P/TSX index were down 0.6% at 6:26 a.m. ET (1026 GMT).
Iran's Revolutionary Guards said they carried out missile and drone attacks on U.S. military bases in Jordan, Kuwait and Bahrain on Wednesday in retaliation for American strikes on Iranian targets around the Strait of Hormuz.
Oil prices steadied following the news.
Gold prices fell to a 11-week low as concerns about inflation and interest rate hikes resurfaced.
The BoC is expected to hold rates steady at 9:45 a.m. ET, while traders have priced in a little over one 25-basis-point hike by year-end, according to LSEG data.0#CADIRPR
U.S. consumer prices data for May, due later in the day, will also be closely watched for fresh clues on how the rise in energy prices due to the Iran war is impacting inflation.
Canada's S&P/TSX Composite Index (.GSPTSE), closed lower on Tuesday as resource and technology shares lost ground.
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Reporting by Tharuniyaa Lakshmi in Bengaluru; Editing by Shailesh Kuber
