95GEOPOLITICS
⚡ Markets: Political instability in the EU's largest economy is negative for European assets. The result raises uncertainty over future German fiscal policy, EU cohesion, and support for Ukraine, weighing on the Euro and German equities.EURUSDDAXEU Stoxx 50
Germany's far-right Alternative for Germany (AfD) party won the state election in Saxony-Anhalt with approximately 44% of the vote, its best-ever result. The victory falls just short of an absolute majority, but puts the party on the cusp of governing a German state for the first time since World War II, creating a political crisis for Chancellor Friedrich Merz's government and sending shockwaves across the European Union.
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