-China says it’s prepared for an extended trade war with the U.S. –

Jamie Dimon said the U.S. should be on guard for the cascading effects of higher rates –

Jamie Dimon: ‘I think rates should be 4 percent today. You better be prepared to deal with rates 5 percent or higher – it’s a higher probability than most people think.’ https://www.bloomberg.com/news/articles/2018-08-06/dimon-doubles-down-on-higher-u-s-yields-call-with-5-warning …

Jokowi’s aim for 7% growth is a distant target

Here’s a rundown of your top economic news today https://bloom.bg/2Kwh2RB