May 15 (Reuters) - Futures for Canada's main stock index edged lower on Friday as investors were spooked by a rout in global bonds markets after a stalemate in U.S.-Iran talks dented risk sentiment.
June futures on the S&P/TSX index were down 0.8% at 6:57 a.m. ET (1057 GMT).
o U.S. President Donald Trump, on the last day of his trip to China, said his patience with Iran was running out and that China's President Xi Jinping agreed that Tehran must not be allowed to develop nuclear weapons and should reopen the Strait of Hormuz.
o Oil prices gained more than 3% due to the lack of progress on a peace deal to end ship attacks and seizures around the Strait of Hormuz. [O/R]
o Spot gold and silver fell 1.7% and 5.4% respectively as inflation fears boosted expectations of higher interest rates and sent U.S. Treasury yields near one-year highs. [GOL/]
o The Bank of Canada's Governing Council felt it could afford to be patient and hold rates ahead of its April 29 announcement, while acknowledging the situation might change quickly, according to minutes released on Wednesday.
o The Toronto Stock Exchange's S&P/TSX Composite Index rose on Thursday, led by gains for financial and technology shares, as the prospect of U.S.-China economic deals and plans for domestic infrastructure spending boosted investor sentiment.
o The benchmark was set for a second straight weekly gain amid geopolitical tensions and volatility in oil and gold prices.
o On the earnings front, airborne survey firm NXT Energy's first-quarter revenue and profit fall on contract phase shift.
o Energy technology firm Questerre's first-quarter adjusted funds flow jumps on Brazil cost cuts.
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(Reporting by Tharuniyaa Lakshmi in Bengaluru)
