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

UK policymakers associate the decline to possible living-cost relief for policies tied to inflation.

The South African rand stayed 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 expect the release of important economic figures after this week's fluctuations in the rand.