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

UK policymakers tie the decline to possible cost-of-living relief for steps tied to inflation.

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

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

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