The Bank of Japan may take new stimulus measures

As it became known on Friday, consumer prices fell in May the maximum rates since 2013, nullifying the efforts to revitalize the central bank inflation.

Core consumer prices, not taking into account food products, fell by 0.4% in May, compared to the previous year, confounding economists’ expectations.

Business sentiment, meanwhile, remained unchanged. However, this survey was conducted before the referendum in the UK.

The Japanese yen continues to rise, as investors flee to “safe haven”, after the decision of the UK to leave the EU.

The dollar / yen was trading at 103 on Friday’s Asian session, against 111 at the end of May.

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