Oct 29 (Reuters) - Futures tracking Canada's blue-chip stocks rose on Thursday as falling oil prices eased inflationary worries, with investors eyeing key US inflation data later in the day.
December futures on the S&P/TSX index were up 0.2% at 5:55 a.m. ET (0955 GMT).
Oil prices fell as hopes for peace talks took the edge off renewed concerns over Middle East supply disruptions from escalating regional conflict
Spot Gold shed 0.9% as investors assessed signals from the US Federal Reserve and Chair Kevin Warsh after policymakers left interest rates unchanged
Focus remains on US inflation data due later in the day for clues on the interest-rate outlook
After the Fed left rates unchanged on Wednesday, traders are pricing in roughly a 25-basis-point rate cut by year-end, according to LSEG data
Canada's main stock index (.GSPTSE), rose to a one-week high on Wednesday as energy and technology shares notched gains, offsetting declines from the real estate sector after policy decisions by the Bank of Canada and the Fed
Among company news, Alamos Gold (AGI.TO), missed third-quarter profit estimates, while Agnico Eagle Mines (AEM.TO), surpassed profit expectations
In US premarket trading, Microsoft climbed 3% after delivering a big cash flow beat and strong cloud growth, whereas Alphabet slid 10% after reporting downbeat results
Canada and the EU agreed to deepen ties, but dropped a contentious proposal for associate EU membership from a joint declaration seen by Reuters ahead of a summit in Montreal by Prime Minister Mark Carney
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Reporting by Anand Gopal and Tharuniyaa Lakshmi in Bengaluru; Editing by Vijay Kishore
