June 25 (Reuters) - Futures linked to Canadian stocks

were subdued on Tuesday, hurt by a decline in crude prices,

while investors turned cautious ahead of the domestic inflation

data that could further solidify expectations from the Bank of

Canada (BoC) to cut interest rates further.

September futures on the S&P/TSX index were down

0.07% at 6:19 a.m. ET (1019 GMT).

All eyes will be on the Consumer Price Index (CPI) numbers

at 08:30 a.m. ET that could give assurance to Canadian

policymakers before they slash the borrowing costs in July.

Traders are pricing in a 65.6% chance of a 25-basis-points

rate cut by the Canadian central bank in its next policy meeting

on July 24.

BoC Governor Tiff Macklem on Monday said there is enough

slack in the Canadian labor market to allow for growth and job

creation even as inflation slows.

On the commodities front, oil prices, slipped

after rising in the previous session, as investors await U.S.

consumer price data due later this week.

Copper was marginally up as the U.S. dollar eased slightly

but subdued demand in China kept gains in check. On the flip

side, gold prices remained muted ahead of key U.S.

inflation data.

Wall Street futures were mixed, with S&P and Nasdaq futures

rising, as AI chipmaker Nvidia ( NVDA ) recovered in premarket trading

after falling about 13% in the last three sessions.

In corporate news, French renewable power producer Neoen SA

signed a share purchase agreement for the acquisition

of a majority stake by asset management firm Brookfield

.

COMMODITIES

Gold XAU=: $2336.06; +0.13%

US crude CLc1: $81.28; -0.43%

Brent crude LCOc1: $85.63; -0.44%

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($1 = 1.3653 Canadian dollars)