April 27 (Reuters) - Futures linked to Canada's main stock index edged lower on Monday, with stalled U.S.-Iran peace talks denting risk appetite ahead of a busy week of central bank meetings, including the Bank of Canada.
June futures on the S&P/TSX index were down 0.2% at 6:27 a.m. ET (1127 GMT).
U.S. President Donald Trump cancelled a trip by his envoys to Pakistan over the weekend for scheduled talks with Iran. Trump has said Iran could telephone if it wants to negotiate an end to their two-month war, but added that Tehran cannot have a nuclear weapon.
Investors also took notice of an Axios report that said Iran proposed reopening the Strait of Hormuz, while postponing nuclear negotiations.
Oil prices were up more than 2% as shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight.
The Toronto Stock Exchange's S&P/TSX Composite Index (.GSPTSE), ended its weekly winning streak on Friday, snapping four straight weeks of gains, as declines in energy stocks offset gains in financials and technology shares.
Meanwhile, the Bank of Canada and the U.S. Federal Reserve are set to deliver their monetary policy decisions on Wednesday.
A majority of economists polled by Reuters expect the Bank of Canada to remain on hold at 2.25% this week and through the year, in contrast to LSEG data that shows markets pricing in a rate hike by end-2026. CADIRPR
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Reporting by Tharuniyaa Lakshmi in Bengaluru; Editing by Shreya Biswas
