According to Jinshi data reports, this week the Reserve Bank of Australia faces a key test, as the failure to cut interest rates as expected has triggered market dissatisfaction. The latest policy meeting minutes will be released on Tuesday, and the market is closely watching.

Most traders and economists believe that economic weakness and controlled inflation should constitute conditions for an interest rate cut, but the central bank has kept the benchmark interest rate unchanged, citing the need to wait for the second quarter CPI data.

On Thursday, RBA Governor Philip Lowe will give a speech, and he is expected to face sharper questions from market participants.