The new administration aims to restore democratic norms, repair relations with the EU, and stabilize the economy through increased transparency. This transition signals a major shift away from centralized power and could weaken similar populist movements across Europe while increasing investor confidence in the region.

In the markets, gold slipped below $4,800 and silver retreated toward $79 as renewed tensions in the Strait of Hormuz drove oil prices above $95. The US dollar remains firm due to safe-haven demand, while US producer inflation came in lower than expected at 0.5%. Despite geopolitical uncertainty, the 2026 World Cup is projected to provide a significant $80 billion economic lift to the US, Canada, and Mexico.