May 8 (Reuters) - Futures tied to Canada's main stock

index rose on Thursday, tracking a global market rally, spurred

by U.S. President Donald Trump's promise of the first trade deal

in his global tariff war.

June futures on the S&P/TSX index were up 0.5% at

6:07 a.m. ET (1007 GMT).

Late on Wednesday, Trump posted on Truth Social that he

would hold an Oval Office news conference at 10 a.m. ET (1400

GMT) on Thursday about a "major trade deal with representatives

of a big, and highly respected, country," with reports

suggesting this could be the UK.

The news followed hints of negotiations with the UK.

Trump administration officials said earlier in the week

that the U.S. and Chinese representatives would meet in

Switzerland over the weekend for preliminary trade talks amid

weeks of tit-for-tat tariffs.

On Wednesday, the Federal Reserve kept rates steady, noting

rising risks of higher inflation and unemployment that could

further challenge the world's biggest economy.

In commodities, gold prices fell, reversing earlier gains.

Metal prices in London were mixed ahead of the U.S.-China

trade talks this weekend.

Oil prices rose 1% on Thursday.

In corporate news, Canadian Natural Resources ( CNQ ) beat

analysts' estimates for first-quarter profit, as it benefited

from higher oil and natural gas production.

Canada's main stock index rose to a five-week high on

Wednesday, led by gains for financial and technology shares,

following a late rally on Wall Street and the Fed's decision to

keep interest rates unchanged.

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