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New Zealand's hung parliament - UOB

Analysts at UOB Group noted the results of the NZ elections.

Key Quotes:

"The elections in New Zealand on Saturday resulted in a hung parliament, with ruling National Party securing 46.6% of the votes while the opposition Labour Party took 35.5%.

The former is expected to negotiate with NZ First Party (7.5%) to form a government, a process which could take weeks."

WTI climbs to the highest since April above $52.00

The barrel of West Texas Intermediate continued to rise during the American session and reached  $52.20, the highest level in five months...
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Yen: political developments in focus - Scotiabank

Analysts at Scotiabank explained that domestic political developments are in focus as market participants consider the snap election rumoured to be se
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