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

UK policymakers tie the decline to potential household expense relief for policies tied to inflation.

The South African rand remained stable 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 await the release of key economic figures after this week's volatility in the rand.