The article discusses the shifting support of European far-right groups for former President Trump, which has waned following his administration's military actions in Iran. This change reflects a broader risk appetite adjustment among European political factions, as the potential for increased geopolitical instability raises concerns about regional security and economic implications. European equities, particularly those sensitive to political risk and defense spending, may experience volatility as these dynamics unfold. Traders will be particularly attentive to upcoming European parliamentary discussions on foreign policy and defense, which could further influence market sentiment.
European far-right loved Trump for years until he went to war next door in Iran
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