* Materials, energy lead declines
* BoC decision on Wednesday
* TSX down nearly 0.2%
Dec 4 (Reuters) - Canada's resources-heavy main stock index fell on Monday, dragged by lower oil and metal prices, while investors awaited the Bank of Canada's (BoC) interest rate decision and a bunch of U.S. data due later this week.
At 9:39 a.m. ET (1439 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 30.36 points, or 0.15%, at 20,422.51. Wall Street, too, had a glum start to the session.
The BoC is widely expected to hold its interest rate steady on Wednesday amid growing expectations that the Canadian central bank is likely done with the hikes after the latest data showed the country's inflation eased more than expected.
"There's some light at the end of the tunnel because I do believe rates have peaked," said Nicolas Katsiyianis, head of research at Eight Capital.
"Inflation is driven by the U.S. to first-world countries generally and I don't believe that Canada could be an anomaly."
The materials sector, which houses Canada's precious and base metal miners, fell 1.2% as copper prices dropped on a firmer dollar, while gold also came off its record highs.
Energy dropped 0.9% as crude oil prices slipped, pressured by investor scepticism over the latest OPEC+ decision on supply cuts and uncertainty surrounding global fuel demand.
Across other assets, the loonie fell 0.3% against the dollar, while yields on Canadian government bonds edged up.
Also on the investor radar is a bunch of U.S. employment data this week, with the October JOLTS number and November ADP National Employment report due on Tuesday and Wednesday, respectively, leading up to the more comprehensive November nonfarm payrolls report on Friday.
Back home, Nuvei Corp gained 4.7% after the fintech company entered into a global payments partnership with Microsoft Corp.
(Reporting by Shashwat Chauhan in Bengaluru; Editing by Shilpi Majumdar)
