FTSE 100

Neutral

Archived analysis from Aug 13, 2026, 8:24 PM

Key insight

Mining slump (Antofagasta -5%) offsets benign US CPI; 10,950 record high is the line bulls must reclaim.

Holds 10,796 but sits 155 pts below late-July record high; miners drag, UK GDP Q2 +0.4% fails to lift.

Main risk

Strait of Hormuz / US-Iran geopolitics

Escalation spikes oil, pressures global risk appetite and FTSE's energy-heavy composition.

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