* Shares on defensive as Wall St worries on Fed tapering
* Nikkei to draw comfort from lower yen as USD hits 7-mth
* Gold slumps to lowest since late June
* Treasury yields back up after robust retail data
By Wayne Cole
SYDNEY, Dec 13 (Reuters) - Asian markets are likely to stay
under pressure on Friday as investors fret over the outlook for
U.S. policy stimulus, though Japanese stocks could draw comfort
from a reversal in the yen against the dollar.
An upbeat reading on U.S. retail sales heightened
speculation the Federal Reserve might start trimming its asset
buying as early as next week, and saw analysts boost forecasts
for economic growth this quarter.
"I suspect strong data will be a minor negative for risk
appetite, as Fed taper concerns prevail over the obvious growth
positives," said Alan Ruskin, global head of FX strategy at
Deutsche Bank in New York.
Which was why Wall Street reacted by shoving the Dow down