German Chancellor Angela Merkel arrives for a meeting of her Christian Democratic Union party, CDU, at their headquarters in Berlin, Germany, Monday, Sept. 25, 2017, after Sunday's parliament election. (Boris Roessler/dpa via AP)
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The euro lost ground Monday as investors worried about looming political infighting in Germany after an election that won Angela Merkel a fourth term as chancellor, but also gave a hard-right opposition party parliamentary seats for the first time.Merkel's "poor showing" was weighing on the euro, he said.Markets had already fully priced in a win for Merkel ahead of Sunday but her score, and that of the opposition AfD party, turned it into an "unconvincing election victory", said London Capital Group analyst Jasper Lawler.Earlier, stocks on Japan's main index rallied on a weaker yen as traders bet correctly on Prime Minister Shinzo Abe calling a snap election -- but other Asian markets struggled following a weekend of tense exchanges between U.S. President Donald Trump and North Korea's Kim Jong-Un.
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