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Five things everybody will be talking about today

25 May 2015 16:44 (UTC+04:00)
Five things everybody will be talking about today

By Bloomberg

Japanese exports beat expectations, weekend votes in Poland and Spain, stakes are raised in Greece. Here are some of the things people are talking about in markets today.Japan exports rise

Japan ran a trade surplus for the first time in almost three years in March, figures from the Ministry of Finance show. Exports were up 8 percent from a year earlier with imports down 4.2 percent.Greece raises the stakes

Greek Interior Minister Nikos Voutsis, who has no economic decision-making powers, upped the rhetoric over the weekend by saying Greece would not make the June 5 payment to the IMF without a compromise deal in place. Local elections in Spain

The local elections in Spain showed reduced support for Prime Minister Mariano Rajoy’s People’s Party with both the leftist Podemos and centrist Ciudadanos making gains at the expense of the big two traditional parties. Spanish stocks are trading lower in Madrid this morning following the result.Presidential election in Poland

Opposition candidate Andrzej Duda, who promised to tax banks and increase benefits for families, won the Polish presidencyin a tight contest on Sunday. With parliamentary elections due in the fall, the result may put pressure on the current ruling Civic Platform to change their policies. The zloty weakened to a two-month low following the result.Testing Coeure

The European Central Bank is due to publishthe amount of bond purchases settled in the five days through Friday May 22 later today. Markets will be watching the number closely to see how much the ECB is front-loading the purchases following comments from executive board member Benoit Coeure in London last week.

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