FTSE 100

Key insight

10,750 prior-week close now acts as near-term pivot — reclaim it on volume to target 10,850 Feb high; failure sends index back to 10,600 support.

Holds 10,735 after last week's 1.4% drop; softer US data eases Fed pressure but Rightmove's biggest Aug price fall since 2018 caps domestic confidence.

Main risk

UK Housing Demand Deterioration

Rightmove Aug asking prices -2% MoM to £364,999 — biggest Aug fall since 2018; signals household demand crunch that weighs on domestic consumer stocks.