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and over in china their indicator on manufacturing is also due out today. it covers small and medium sized companies which should give us insight into how china s public sector is doing. private sector. on tuesday australia s central bank will be meeting and investors will be watching to see if authorities will hold steady or hike the cost of borrowing because of inflation concerns. earlier, i spoke to peter maguire of xm.com and he said he expected to see movement from tokyo on the japanese yen. i think there would not be surprise. they have done it in the last matter of six or eight months as far as intervention when it approaches the 145 150 sort of handle, so, yes, we won t be surprised to see intervention sometime injuly. where you are, australia s central bank will be meeting this week as well. it is kind of a tricky balancing act for them, isn t it, dealing with inflation, whether or not to raise interest rates? what are you expecting? well, exactly right. i me ....
What are you expecting in terms of the jobs data and what impact would that have on a rates decision by the fed? well, we have got around a 200,000 employment read this friday. this is what analysts are coming outwith. we had 339,000 billed in may, so it will be dropped off a little bit, but overall strong numbers from an employment sector, and as far as rates are concerned, we will not be surprised to see fed chair powell ratchet them up again, so i think we are up for another tightening for the us and across the world. how soon could the right hike come? could it come actually this summer? i won t be surprised. again, thejury is out but i think overall sentiment is, yes, you will see it in the northern hemisphere summerfor the fed, and it could even be this month. let s wait and see. tesla has beaten analyst expectations for the second ....