- Slowing virus cases and reopening of economies boosts risk appetite
- US, Japan increase level of stimulus
- Big week for data and earnings ahead
US futures for the , and and global stocks were all flashing green on Monday, boosted by the lower number of confirmed COVID-19 cases over the weekend and signs that governments are easing toward reopening local economies. This morning, though the BOJ kept , at its policy meeting the Japanese central bank removed all limits on its government and corporate bond purchases providing yet another form of economic stimulus.
Ahead of a big week for Q1 2020 earnings season, in which a variety of are due to report, the dollar weakened and Treasurys sold-off. Crude was back below $15.
Global Financial Affairs
Data over the weekend inidcated coronavirus deaths in Spain, Italy and France slowed the most in more than a month. All three countries have signaled tentative moves to reopen their economies as a result.
All four US contracts for…