
The latest stimulus concerning tax spending measures has disappointed markets. The package announced only committed to 13.5 trillion Yen and not the 28 trillion, which Abe suggested previously.
The yen (Japanese currency) has risen despite having negative interest rates and avalanches of quantitative easing in the fight against deflation. The rising Yen is not good news for Japanese exporters.
Japanese Government bonds have experienced a bout of selling as the programme for purchasing has remained steady when the bond market was expecting further stimulus.