Global FX Market Summary: Gold, Oil, and Fed Shifts Drive Markets: Hormuz Delays and Yen Slump Lead , August 10, 2026English 日本語繁體中文한국어PortuguêsไทยItalianoDeutschEspañolFrançaisGeopolitics and oil delays, shifting Federal Reserve rate expectations, and structural Japanese Yen weakness are driving global market uncertainty. The waterway, through which a significant portion of global energy supplies passes, remains vulnerable to prolonged shipping disruptions. Shifting Monetary Policy Expectations and US Data FocusFinancial markets are closely tracking upcoming US inflation data, including the Consumer Price Index (CPI) and Producer Price Index (PPI), while actively digesting a weaker-than-expected Nonfarm Payrolls report. Consumer Price Index (MoM) on 08/12/2026 12:30:00 tracks monthly changes in the price of consumer goods and services in the US, acting as a primary gauge of retail inflation. Consumer Price Index (YoY) on 08/12/2026 12:30:00 evaluates annual inflation trends within the US economy, significantly influencing Federal Reserve interest rate expectations and currency valuations.