According to CoinMeta, New Zealand's ruling National Party gained the possibility of returning to power in the weekend elections, thus putting them in a favorable position in negotiations to form a government with smaller parties. The New Zealand dollar (NZD / USD) rose slightly by 0.5% in early trading to 0.5569, rebounding from a low point set last week over a year ago. The yields on New Zealand's two-year and 10-year government bonds remained relatively unchanged. Jason Wang, a senior strategist at the Bank of New Zealand based in Wellington, stated that the election results are slightly favorable for the New Zealand dollar, and the market currently tends to believe that a center-right governing alliance will continue to be in power.