Danish PM Frederiksen's bloc wins the election but lacks the majority with the left bloc winning 84 seats, right bloc gets 77 seats, and Danish moderate party wins 14 seats to become kingmaker, according to AFP

Context

The Danish election results show a fragmented parliament, with no clear majority for the winning bloc. This outcome presents potential instability, especially as the Danish moderate party emerges as a kingmaker, likely complicating future legislative decisions. Traders should watch for implications on fiscal policy and coalition negotiations, which could affect market sentiment and the Danish krone.

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