TSX seen steady, focus on Europe, Bank of Canada

(Reuters) – Canada’s main stock index was set to continue its range-bound trading on Tuesday, as markets focused on developments in Europe ahead of a key EU Summit on Friday. The Bank of Canada’s 9 am rate announcement will also be in focus, although Canada’s central bank is widely expected to keep rates on hold and telegraph its concerns about Europe. FACTORS TO WATCH * Canadian equity futures pointed to a higher open.

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TSX seen steady, focus on Europe, Bank of Canada