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WALL STREET INSIGHT

Major indices looking to December Fed meeting for directions

New policy is likely for Christmas - unless spike in US$ causes another global market shock

LAST week, US stocks rallied for their biggest weekly gain of the year, helped by a tacit promise that the long wait for a change in Federal Reserve policy is set to end.

Yet, even after those gains, major indices are still basically flat for 2015 and are unlikely to stray too far from...