Business & Finance Summary
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Markets are currently trading mixed, particularly in the Asia-Pacific region, following a subdued session on Wall Street, as noted by a report from Skylar Montgomery Koning, Guy Johnson, and Anna Edwards on Bloomberg.
In the UK, house prices have flatlined ahead of Chancellor Rachel Reeves' budget announcement, with Halifax data indicating that fears of potential tax rises have dampened the property market. Meanwhile, the Financial Conduct Authority (FCA) in the UK has dismissed calls for a market abuse inquiry related to the budget information release, stating they are not conducting an investigation, which has drawn attention from British lawmakers.
Additionally, global shares are showing advancement as Wall Street inches closer to its all-time high, with various economic indicators suggesting a complex landscape for investors and businesses alike.