Oct 7 (Reuters) - Futures tied to Canada's main stock

index fell slightly on Monday as investors slashed bets for a

larger U.S. interest rate cut in November, while keeping focus

on the crucial domestic and the U.S. economic data later this

week.

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

0.1% at 6:03 a.m. ET (10:03 GMT).

The TSX composite index scaled a record high on

Friday after strong U.S. jobs data allayed concerns about a

slowdown in the world's largest economy, and with it tempered

hopes of another bumper rate cut by the Federal Reserve next

month.

Money markets currently see a 88% chance for a

25-basis-point rate cut by the Fed in November, with another

similar-sized cut expected in December.

All eyes this week will be on the U.S. Consumer Price Index

(CPI) figures on Thursday that is expected to show headline

inflation moderated in September to 0.1% on a monthly basis from

0.2% a month ago.

Canada's unemployment data on Friday will be another

important catalyst for investors to gauge Canadian central

bank's interest-rate path. The Bank of Canada is widely expected

to deliver a fourth cut at the meeting later in the month.

The week also marks the beginning of earnings season on Wall

Street, with major banks including JP Morgan Chase,

Wells Fargo ( WFC ) and BlackRock expected to report

their quarterly results on Friday.

Among sectors, Canada's energy stocks could extend their

rally after oil prices jumped on worries over wider Middle East

conflict disrupting exports in the region.

In corporate news, Chevron ( CVX ) would sell its

non-operated interest in the Athabasca Oil Sands project and its

operated interest in Duvernay shale to Canadian Natural

Resources ( CNQ ) for $6.5 billion.

COMMODITIES

Gold: $2,657.4; +0.2%

US crude: $75.98; +2.2%

Brent crude: $79.53; +1.9%

($1 = 1.3592 Canadian dollars)