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...

LONDON (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets The spotlight hit Britain on Thursday as U.S. President Donald Trump's 'major trade deal' announcement looks set to provide a major relief for UK exporters, just as the Bank of England is set to cut interest rates. I'll get into...

* Malaysia central bank holds rates steady, ringgit down * Chinese military, defense stocks rise on India-Pakistan conflict * Markets await key Taiwan, China trade data (Updates for Afternoon trade) By Roushni Nair May 8 (Reuters) - The Malaysian ringgit held on to losses on Thursday after the country's central bank kept interest rates steady in a widely expected move,...

* European shares higher on reports of US-UK trade deal * BoE expected to cut rates after Sweden and Norway holds * Fed caution supports dollar in FX markets * Oil edges out of recent trough By Marc Jones LONDON, May 8 (Reuters) - World shares inched higher on Thursday buoyed by U.S. President Donald Trump's promise of a first...