Dec 10 - Futures tied to Canada's main stock index nudged down on Tuesday as oil prices eased, while cautious investors awaited the Bank of Canada's interest rate decision due later in the week.The BoC is widely anticipated to cut policy rate by an outsized half percentage point on Wednesday. The expectations jumped after Friday's jobs data showed a sharp rise in the country's unemployment rate.
The central bank has reduced rates by 125 bps since June, nearly double that of its southern neighbour, the U.S. Federal Reserve. Gold prices rose owing to escalating geopolitical tensions in the Middle East and expectations of a U.S. rate cut this month.
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