May 25 (Reuters) - Futures for Canada's main stock index rose on Monday, helped by signs the United States and Iran are nearing a peace deal, which pressured oil prices and eased inflation concerns.

June futures on the S&P/TSX index SXFcv1 were up 1.09% at 6:29 a.m. ET (1029 GMT).

• U.S. President Donald Trump said on Saturday a peace deal had been “largely negotiated” that could reopen the Strait of Hormuz. However, both parties played down hopes for an imminent breakthrough in their three-month-old war, keeping gains in check.

• Spot gold XAU= and silver XAG= rose 1.3% and 3.5% respectively, helped by a weaker U.S. dollar and easing inflation concerns. GOL/

• Canadian energy stocks are likely to be pressured as crude oil prices slid more than 5% to below $100 a barrel. O/R

• Investors also await quarterly results from major banks, including Royal Bank of Canada RY.TO, Toronto-Dominion Bank TD.TO and Bank of Montreal BMO.TO, among others, due later this week.

• The Toronto Stock Exchange's S&P/TSX Composite Index .GSPTSE closed at a record high on Friday, surpassing its March 2 peak and underscoring how the index has recovered losses triggered by the war.

• Global optimism around AI tech stocks has lifted Canadian tech shares, with the technology sector .SPTTTK rebounding after a pullback from its late-2025 highs as investors piled into high-flying technology shares.

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