July 23 (Reuters) - Futures linked to Canada's main

stock index were subdued on Tuesday as a decline in crude prices

offset the gains in gold, while investors kept a tab on the Bank

of Canada's monetary policy meeting due on Wednesday.

The S&P/TSX 60 futures were flat as of 06:26 a.m.

ET (1026 GMT).

Investors expect the Canadian central bank to trim its

rates once again, especially after last week's favourable

inflation

and

retail sales

data.

Money markets see a 92.2% probability of a 25

basis-points rate cut in Wednesday's meeting and expect the BoC

to cut the rates one more time in the latter half of the year.

The Toronto Stock Exchange's materials sector was set to

grab focus, helped by rising gold prices as investors

this week awaited U.S. economic data for clarity on rate cuts by

the Federal Reserve.

Copper prices, however, dropped to a more than three-month

low amid worries over fragile demand outlook from China.

Oil prices declined as hopes of a ceasefire in Gaza

countered the impact of the hints about a September rate cut

from a European Central Bank official.

Across the border, Wall Street futures were down ahead

of the results from some Big Tech firms such as Alphabet

and Tesla, while investors reassessed the

odds of Republican presidential candidate Donald Trump's win.

In corporate news, Canadian financial services firm Goeasy ( EHMEF )

announced the pricing of a previously declared offering

of senior unsecured notes and upsized it to $200 million.

COMMODITIES

Gold: $2406.84; +0.36%

US crude: $78.33; -0.1%

Brent crude: $82.32; -0.1%

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($1 = 1.3761 Canadian dollars)