CANADA STOCKS-TSX set for sharp fall as Fed, China worries drag

Newswire

June 24 (Reuters) - Canada's main stock index looked set to open sharply lower on Monday as markets were pulled down by worries surrounding China's banking sector and the U.S. Federal Reserve's suggestion that it could begin scaling back its monetary stimulus later this year. TOP STORIES * Fears of a credit crunch in China's banking system eased as short-term interest rates fell, and the central bank said there were sufficient funds in the market but banks ...

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