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

UK policymakers associate the decline to possible household expense relief for measures tied to inflation.

The South African rand held unchanged ahead of its own inflation data release.

In Australia, Reserve Bank observers point out inflation data is critical for forming interest rate expectations.

Traders in South Africa look for the release of key economic figures after this week's fluctuations in the rand.