(Reuters) - Canada's main stock index was set to open lower on Friday following weakness in global markets as investors turned cautious after weak German trade data and a dip in oil prices.
Data showed German exports fell sharply in July, shrinking the overall trade surplus for the fourth consecutive month - something not seen since 1992 - and casting doubt on the strength of the euro zone's largest economy.
Adding to the jitters, North Korea conducted its fifth and most powerful nuclear test.
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Investors in Canada will be looking out for the August employment report due at 8:30 a.m. ET to see whether the labor market can recover some of the 31,200 jobs it unexpectedly lost in July. Economists have forecast an addition of 15,000 jobs in August. <ECONCA>
September futures on the S&P TSX index <SXFc1> were down 0.17 percent at 7:15 a.m. ET.
Canada's main stock index edged higher on Thursday as an oil price-driven rally in energy stocks offset broader losses for the market.
Dow Jones Industrial Average e-mini futures <1YMc1> were down 0.3 percent at 7:15 a.m. ET, while S&P 500 e-mini futures <ESc1> were down 0.29 percent and Nasdaq 100 e-mini futures <NQc1> were down 0.25 percent. [.N]
(Reporting By Nikhil Kumar in Bengaluru; Editing by Saumyadeb Chakrabarty)