(Reuters) -Futures tracking Canada’s main stock index were flat on Thursday as investors took a breather following a record-breaking previous session, while focus shifted to upcoming economic data from the United States.

Futures on the S&P/TSX index rose 0.03% by 05:28 a.m. ET (0928 GMT). Soaring expectations of interest rate cuts by the U.S. Federal Reserve in September continued to boost the S&P/TSX composite index, which closed at an all-time high on Wednesday.

Tame U.S. inflation data this week further reinforced those bets, as it suggested the impact of tariffs on prices was limited.

To further evaluate the health of the economy, investors will assess July’s producer price index reading and jobless claims data for the week ended August 9, due at 08:30 a.m. ET.

Crude prices gained

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