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CANADA FX DEBT-C$ steadies near a 2-week high ahead of BoC business survey

    * Canadian dollar trades near flat against the greenback
    * Loonie touches its strongest in nearly two weeks at 1.3520
    * Price of U.S. oil dips 0.1% 
    * Canadian bond yields rise across much of a steeper curve

    TORONTO, July 6 (Reuters) - The Canadian dollar was little
changed against its U.S. counterpart on Monday, holding near an
earlier 13-day high as stocks rallied globally and ahead of the
release of a Bank of Canada business survey.
    The loonie        was trading nearly unchanged at 1.3546 to
the greenback, or 73.82 U.S. cents. The currency touched its
strongest intraday level since June 23 at 1.3520.
    Global stock markets          rallied to four-week highs as
investors counted on a revival in China to boost global growth,
even as surging coronavirus cases delayed business reopenings
across the United States.             
    Canada runs a current account deficit and is a major
producer of commodities, including oil, so the loonie tends to
be sensitive to the global flow of trade and capital.
    U.S. crude        prices were down 0.1% at $40.6 a barrel on
concern that a spike in coronavirus cases could curb U.S. fuel
demand.               
    The Bank of Canada releases its quarterly business outlook
survey at 10:30 a.m. (1430 GMT), which could help guide
expectations for additional easing measures from the central
bank to help the economy.
    Since March, the BoC has slashed interest rates to a record
low of 0.25% and begun quantitative easing, while Ottawa is
rolling out more than C$170 billion in direct aid. Finance
Minister Bill Morneau is due to present an economic and fiscal
snapshot on Wednesday.
    Canada should focus on boosting economic growth after
getting pummeled by the COVID-19 crisis, analysts say, even as
concerns about the sustainability of its debt are growing, with
Fitch downgrading the nation's rating just over a week ago.
            
    Canadian government bond yields were higher across much of a
steeper curve in sympathy with U.S. Treasuries. The 10-year
            was up 1.1 basis points at 0.568%.
    Canada's employment report for June is due on Friday.  

 (Reporting by Fergal Smith
Editing by Nick Zieminski)
  
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