UK inflation fell to 2.6% in June from 2.8% in May, spurred by reduced petrol prices.

UK policymakers tie the decline to prospective household expense relief for steps tied to inflation.

The South African rand stayed steady ahead of its own inflation data release.

In Australia, Reserve Bank observers highlight inflation data is critical for shaping interest rate expectations.

Traders in South Africa expect the release of important economic figures after this week's fluctuations in the rand.