(RTTNews) - Weak Canadian and U.S. futures, lower precious metals prices and concerns about inflation and interest rates could weigh on Canadian stocks Tuesday morning. Investors look ahead to Federal Reserve's monetary policy announcement on Wednesday. Oil prices rose sharply amid persisting concerns over supply disruptions. Amid a lack of fresh economic data and earnings news, the market may stay in a tight range. Canadian stocks ended nearly flat on Monday after inflation data lowered concerns of a near-term rate hike by the Bank of Canada while traders assessed fresh crude oil supply concerns after Saudi Arabia announced the closure of its East-West pipeline on Friday.
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