Bank of Japan released its minutes for May 19-20 meeting, where the board had kept the interest rate steady between 0.0% and 0.10%. The BOJ indicated to recovery in the Japanese economy supporting by the gradual improvement in domestic spending.

The Japanese central bank remains the Asset Purchase Fund at 10 trillion yen as well as the Credit-loan Program at 30 trillion yen. One BOJ member pointed that the sentiment is better than expected, while additional easing in monetary policy is needed.