Asian shares tentative, euro sags as Greece likely to default today

Asian shares edged up and the euro sagged in early Asian trading on Tuesday as Greece lurched toward defaulting on a looming debt payment, raising the likelihood of the cash-strapped nation's exit from the euro zone. Stock Market Trading Tips

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1%, while Japan's Nikkei stock index added 0.2%.

"All in all many in the market had already factored in the likelihood of Greece defaulting. But there is no guarantee the stability will last. What is worrying is the volatility in the risk asset markets, which could impact currencies," said Kyosuke Suzuki, director of forex at Societe Generale in Tokyo. Jackpot Trading Tips

Greece will not pay a 1.6 billon euro loan instalment due the International Monetary Fund on Tuesday, a Greek government official told Reuters, after talks between Athens and its creditors broke down over the weekend when Prime Minister Alexis Tsipras called a surprise referendum on the austerity plan.   Jupiter Astro Book 2015-2016

Asian investors were also nervously awaiting the reopening of China's markets after stocks plunged further on Monday, taking losses to more than 20 percent since their mid-June highs.

Read: Wall Street falls as fears over Grexit grow, volatility spikes

Fears about the fallout of the Greek crisis have roiled global markets. The CBOE Volatility "fear" index, a measure of the premium traders are willing to pay for protection against a drop in the S&P 500, jumped more than 30% to a nearly five-month high.

"The Greek government's willingness to walk into the fire is a dangerous proposition for Europe and the global markets," Kathy Lien, managing director of FX strategy for BK Asset Management in New York, said in a note to clients. Astrology & Numerology books