Les dépêches lundi 6 Aout matin

-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.’

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

Here’s a rundown of your top economic news today


[BloombergQ] Yuan Gains After PBOC Move, Asian Stocks Mixed: Markets Wrap

[Reuters] China’s stocks weaken on fresh trade salvos, yuan firmer

[Reuters] Chinese state media slams Trump for ‘extortion’ in trade dispute

[BloombergQ] China Prepared for Long Trade War With U.S., State Media Says

[BloombergQ] Emerging-Market Volatility Bets Rise as Trade War Rattles Yuan

[BloombergQ] Jamie Dimon Warns of 5% Treasury Yields

[NYT] Too Little Too Late’: Bankruptcy Booms Among Older Americans

[WSJ] Iranians Hoard Gold Ahead of U.S. Sanctions

[FT] China millennials’ love of credit cards raise debt fears

[FT] Private equity challenged over $400bn fee haul

[FT] China private equity funds suffer wave of closures

[FT] Turkey’s corporates need “the mother and father of all evil”

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