Early election results in New Zealand indicate that the coalition led by Prime Minister Christopher Luxon is positioned to retain power, with 10.9% of votes counted so far. The coalition, comprising the National Party, ACT New Zealand and New Zealand First, could continue its mandate if it secures the seats needed to form a government. The outcome remains uncertain because special votes have not yet been included and the Electoral Commission said the final seat distribution could change. Market pricing also suggests a reduced likelihood of a Labour-led government, while Winston Peters and David Seymour may play pivotal roles in coalition negotiations.
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