Asia markets were broadly lower on Tuesday at the open, likely taking cues from European equities, which slid Monday on renewed Brexit concerns. In Japan, the Nikkei 225 dropped 0.85 percent in early trade; across the Korean Strait, the Kospi slid 0.28 percent. Australia's benchmark ASX 200 was down some 0.54 percent, with the heavily-weighted financials sub-index weighing, down some 0.76 percent.
Major Australian banks were under pressure, with shares of Westpac down some 1.35 percent. Analysts have previously told CNBC the ongoing political uncertainty in Australia was weighing on the future of the big banks.
European stocks finished lower on Monday, with the UK's benchmark FTSE 100 off 0.8 percent. Markets in the US were closed Monday for the Independence Day public holiday. In the UK, the ramifications of its vote to quit the European Union (EU) continued.
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Major Australian banks were under pressure, with shares of Westpac down some 1.35 percent. Analysts have previously told CNBC the ongoing political uncertainty in Australia was weighing on the future of the big banks. 
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