IGA Capital Weekly Economic Update
- Joshua Hawley
- Aug 5
- 2 min read
Updated: Aug 6
Monday, August 4, 202
Macro & Rates Overview
As of the latest update, economic data continues to support the prevailing narrative of a controlled deceleration in the U.S. economy. The Federal Reserve's recent pause in rate changes aligns with market expectations, as the Fed Funds Rate remains at 4.50%. Market-implied probabilities now favor a rate cut by the December 2025 meeting, with further easing expected into early 2026 .
The 10-Year yield began the week at 4.239%, while short-term yields (e.g., 1-Month T-Bill) held at 4.306%.
Inflation and Labor
Headline CPI and Core CPI continue to trend toward the Federal Reserve's 2% target, with Core CPI currently at 2.8% YoY. Meanwhile, the unemployment rate remains historically low at 4.1%, and wage growth remains positive, supporting consumer demand despite tighter credit conditions.
Commercial Real Estate & REITs
Real estate capital markets remain mixed. The Residential REIT sector saw modest gains, while Mortgage REITs continue to offer double-digit yields, reflecting elevated credit risk premiums. Homebuilders rebounded as the iShares U.S. Home Construction ETF (ITB) rose 3.2% week-over-week .
Commodities
Gold edged up to $3,352/oz, maintaining strength amid ongoing geopolitical uncertainties. Oil futures hovered near $67.75/barrel, with slight pressure from softening demand forecasts. Silver rose 2.6% on the week, largely tracking industrial demand momentum.
Bitcoin & Digital Assets
Bitcoin is trading at approximately $113,597.00 USD, down marginally on the week. Investor sentiment remains cautious amid low summer volumes and tightening liquidity across risk assets. However, institutional flows into Bitcoin ETFs remain stable, offering longer-term support for pricing stability.
About IGA Capital
IGA Capital is a global corporate finance advisory firm headquartered in Dubai. The firm specializes in structured capital solutions for complex projects across infrastructure, energy, mining, industrials, and digital innovation sectors. IGA Capital works with development finance institutions (DFIs), export credit agencies (ECAs), private credit funds, and strategic investors to execute tailored funding mandates. Recent mandates include EXIM Bank-supported critical mineral projects, hybrid debt-equity financings, and sovereign-backed infrastructure deals across Africa, the Middle East, and Asia.
Footnotes:
All market data sourced from CRE-ECON Data Report (Walker & Dunlop), August 4, 2025
Live Bitcoin pricing from CoinMarketCap, retrieved August 5, 2025
IGA Capital internal documentation
For inquiries, visit www.iga.capital
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