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

UK policymakers associate the decline to potential 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 crucial for shaping interest rate expectations.

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