Asian Market Update: G8 Welcomes Signs of Stabilization but Tempers Overall Optimism; USD Rallies on Affirmed Reserve Status by Russia

Major Asian bourses are scaling back the gains made for much of last week that took Tokyo and Sydney markets to their multi-month highs. Nikkei225 and SP/ASX were off by nearly 1% in late session trading, Kospi dropped over 1.5%, and Taiwan’s Taiex ……, http://fxtraders.eu/rss/?mode=all