FTSE 100 flat, FTSE 250 off 0.1

Sept 2 Reuters UK39;s main stock index was largely flat in thin trade on Monday, with investors awaiting a slew of domestic data and across major economies, such as the U.S. and Europe, to position for a month dominated by central bank policy decisions.

The bluechip FTSE 100 index was unchanged as of 1910 GMT, after hitting a threemonth high on Friday and logging its third straight weekly rise.

Meanwhile, the domesticallyfocused midcap FTSE 250 slipped 0.1, having logged its steepest monthly decline in August since October last year.

Trading volumes are expected to be light throughout the day due to holidays in the United States and Canada.

U.S. employment data, including the payrolls report for August, could help determine the quantum of an allbutcertain September interest rate cut by the Federal Reserve.

Back home, the Purchasing Managers39; Index PMI and housing data is due this week, while producer prices and retail sales are some of the key data on investors39; Europe watch list.

The Fed, European Central Bank and Bank of England are set to announce their policy decisions later this month, with the BoE seen as the only one holding rates, as per LSEG data.

Among major stocks, Rightmove jumped 25 to its highest level since March 2022, helping the realestate index climb nearly 2, as REA Group said it was considering an offer for Britain39;s largest property portal.

Homebuilders Barratt and Bellway were up 3 and 1, respectively,…