The Reserve Bank of Australia faces a critical test this week as the market eagerly awaits answers to the policy puzzle.

Jin10 data reported on July 21, this week will be a key test for the Reserve Bank of Australia - amid market dissatisfaction over the failure to cut interest rates as expected, the bank will publish the latest policy meeting minutes on Tuesday. Most traders and economists believe that economic weakness and controlled inflation should constitute clear conditions for a rate cut, but the Central Bank still maintains the benchmark interest rate unchanged, citing the need to wait for the second quarter CPI data. The market will closely follow the meeting minutes. On Thursday, Reserve Bank of Australia Governor Philip Lowe will give a speech, which is bound to face sharper questions from market participants.