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GVI Forex john -- Inner Circle  20:41:52 GMT - 05/28/2013

HIGH IMPACT ITEMS:  JP- Retail Sales, DE- Employment, CA- BOC Decision A key Bank of Canada policy decision is due Wednesday. No policy changes are expected, The U.S. Conference Board Survey proved to be a major market mover with data considerably stronger than expected. For once, the USD improved on a good piece of U.S. data. Equities in the U.S. improved as well. It could be the long-standing positive equity to EURUSD correlation trade may be breaking down. Japanese  markets have dominated trade early amid chatter of possible government intervention in the Nikkei. JGB yields ended higher and the JPY fell vs. the USD and on its crosses. Worry is being expressed about bank losses on their substantial JGB holdings. U.PCOMING DATA: U.S. Weekly Jobless Thursday and early Friday the usual heavy end of month run of Japanese data and German Retail Sales. The U.S. sees a heavy Friday data calendar. 20d avg 10-yr Equities EURUSD 1.2975 JGB 0.90% +8bp Asia Close Higher USDJPY 100.98 Bund 1.50% +7bp Europe Higher EURJPY 131.00 U.S.2.14%  +13bp U.S.Higher