A post by @FirstSquawk on X.

New Zealand’s election has ended in a knife-edge result, leaving coalition negotiations as the immediate focus, according to Nikkei as cited by First Squawk. The outcome matters because the balance of power will determine the next government’s fiscal and policy direction. With no single party able to govern comfortably, talks among potential partners are now the key variable. Investors should watch which coalition configuration emerges and what it implies for spending, taxation and regulatory priorities.