(Reuters) -Futures tied to Canada’s main stock index steadied on Friday after the previous session’s losses, as attention shifted to an upcoming high-stakes U.S.–Russia summit to discuss a potential end to the war in Ukraine.

The futures on the S&P/TSX index rose 0.04% by 05:30 a.m. ET (0930 GMT), following the S&P/TSX composite index’s losses on Tuesday, when a hotter-than-expected U.S. inflation report clouded hopes for a Federal Reserve interest rate cut.

According to the CME Group’s FedWatch tool, odds for a 25-basis-point reduction next month reduced to 92.6% from the previous 100% before the data, while bets for a hefty 50-bps move have completely vanished.

The stage was set for talks between U.S. President Donald Trump and Russian leader Vladimir Putin in Alaska later on Friday,

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