European markets celebrated the strong electoral showing by Prime Minister Mark Rutte’s party (VVD), which looks to ensure another term for him leading a center-right coalition in the Netherlands. The far-right party (PVV) led by Geert Wilders finished second, after leading in the polls through much of the campaign. Other parties performed well, supported by a strong turnout, ensuring a pro-euro coalition can be formed. The vote had become an early proxy for the broader nationalistic winds sweeping Europe. Test passed, the euro rallied more than 1 percent to a five week high of 1.07 against the dollar, and stocks rose across Europe on the news.