CANADA FX DEBT-C$ slips ahead of trade data

* C$ dips to 94.95 U.S. cents

* Bond prices little changed

* Canada Sept trade deficit seen narrower, due at 1330 GMT

TORONTO, Nov 13 (Reuters) - Canada's currency was a touch
weaker against the U.S. dollar on Friday while bonds were
little changed ahead of trade data, and global stock markets
held a firmer tone.

Overnight, a softer price for oil knocked the Canadian
dollar as low as C$1.0566 to the U.S. dollar CAD=, or 94.64
U.S. cents, but both turned around as the North American
session got underway. The price of oil often influences the
currency because Canada is a net exporter of the commodity.
[O/R]

U.S. stock index futures pointed to a firmer start after a
selloff in the previous session that halted a six-day Dow
winning streak.

"There seems to to be a slight appetite for risk this
morning," said Michael Gregory, senior economist at BMO Capital
Markets.

"It points to a stronger Canadian dollar, at least ahead of
the trade numbers. The trade numbers, unfortunately, are going
to be problematic for the currency."

The Canadian trade data for September is expected to show
the trade deficit narrowed to C$1.75 billion from C$1.99
billion in August as net exports are likely to continue to drag
on the economy for some time. Statistics Canada will release
the trade figures at 8:30 a.m. (1330 GMT).

Gregory said the auto component in the trade figures may
provide a little bit of a lift, but the impact of a firm
Canadian dollar in September likely more than offset
improvements in commodity prices.

The University of Michigan preliminary November reading on
U.S. consumer sentiment may also draw attention as market
players look for further signs of economic recovery. The
monthly index is expected at 71.0, compared with the final
October reading of 70.6. The data is due at 9:55 a.m. EST.

At 8 a.m., the Canadian dollar was at C$1.0532 to the U.S.
dollar, or 94.95 U.S. cents, down from C$1.0519 to the U.S.
dollar, or 95.07 U.S. cents, at Thursday's close.

The two-year bond CA2YT=RR was off 2 Canadian cents at
C$99.70 to yield 1.4 percent, while the 10-year bond
CA10YT=RR rose 5 Canadian cents to C$101.98 to yield 3.503
percent.

(Reporting by Ka Yan Ng; editing by Jeffrey Benkoe)