The Reserve Bank of Australia's next policy decision hinges on this week's crucial inflation data! Our Event Guide for Australia's Q2 CPI Report suggests that underlying price pressures could surprise to the upside, potentially reinforcing the RBA's hawkish bias and reducing market expectations for aggressive rate cuts in the second half of 2025. If inflation meets or exceeds the 2.7% quarterly expectation, we're eyeing bullish AUD setups on both AUD/CHF and AUD/NZD that could capitalize on different risk environments.