The Asian Markets will open in the Red

The sentiment for the Asian session are negative. The expectation are that the markets to open lower.

The Australian ASX 200 is expected to open lower with 22 points at around 5181, and the Japan's Nikkei 225 at a level of 15762 with 97 points down.

The worries around the upcoming vote for the Brexit in the UK are getting stronger, with consistently higher percentage number for exit from the EU than to stay in. The uncertainties are increased with scheduled Central Banks meetings in regards to the monetary policy of the FED, BOJ and BOE all this week.

The negative sentiment continue fueled by the falling Oil price, after the latest worst than expected data for the increased stock piles of Oil.

The stronger JPY currency has a negative effects over the exporters in Japan and possibly lower prices for the Nikkei 225 to continue.

Expectation are for the JPY crosses to continue lower, mixed dollar performance and weaker CAD pressured by lower Oil prices. Gold has continued higher and reached its previous highs on resistance due to weaker dollar and buy orders generated by the uncertainty and hedging risks in the market place.