Geo436.com blog: Swedish centre-right wins vote, losses majority

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Geo436 STOCKHOLM: Fredrik Reinfeldt became Sweden’s first sitting centre-right prime minister to win re-election, but was deprived of a majority by the first-time entry into parliament of an anti-immigrant party. Analysts had said before Sunday’s election that a hung parliament, with Reinfeldt’s centre-right Alliance coalition having no overall majority, would unsettle investors and the Swedish crown weakened in early trading on Monday. “An uncertain parliamentary situation is always negative for a currency, but the market pretty quickly goes back to focusing on other things,” Handelsbanken analyst Claes Mahlen said