Global stocks jump on Bank of Japan stimulus, hope of lockdowns easing - Business Insider

Brendan McDermid/ReutersInvestors also cheered reports that national governments, especially those in Europe, are set to ease lockdown restrictions in the coming weeks.

However, China's industrial profits collapsed 37% to $110 billion in the first quarter of the year, with the energy and automotive sectors contracting the most.Global stocks rose Monday after the Bank of Japan ramped up its monetary stimulus in response to the coronavirus outbreak., signaling its intention to mitigate the economic fallout from the pandemic.

"The Bank of Japan laid down the gauntlet to the Federal Reserve and European Central Bank, who both meet later this week," Neil Wilson, chief market analyst for Markets.com, said in a morning note.

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Asia Pacific stocks set to rise as Bank of Japan meetsThe Bank of Japan is set to begin its monetary policy meeting on Monday, as investors watch for policy moves from the central bank to grapple with the economic impact of the ongoing coronavirus pandemic.
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Bill Gates thinks the global shift towards nationalism made the coronavirus response worse - Business Insider'Very few people get an A in terms of what they've done in this situation,' Gates said in an interview with The Times. Who cares about this man?😂😂😂😂😂 What a joke of a statement. Should be in jail for meddling in health care and bribing governments worldwide murderer
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