New Zealand's hung parliament - UOB

Ross J Burland FXStreet

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."

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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