Asian markets will open lower, as US indices closed with losses.
Uncertainty and geopolitical tensions are putting the stock market under pressure. Futures of US indices closed slightly lower and there's a possibility to see the Asian markets in negative territory today.
In this situation, investors continue to look for save haven in JPY and Gold. USD/JPY broke below the key level of 110 and is currently trading at 109.580, as meanwhile the gold is at $1274 per ounce.
VIX rose to it's highest levels since the elections at 15.09, which shows that the growing fear is spreading throughout the markets. Levels above 20 can be taken under serious attention.
During the Asian session we expect from Japan, Australia and China, as better than expected data can support the AUD and NZD, however if the data from Japan is lower than expected, there's a possibility to see a more expensive JPY.
Nikkei will open around 18,640 and ASX 200 is expected to open without any significant change at 5944.
Trader - S. Fuchedzhiev
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