Week Ahead: Fed could under-deliver; flash PMIs may test market optimism

Send us Fan Mail Markets will go into high gear in the coming week as a jam-packed schedule looks sure to inject plenty of excitement before traders disappear for the festive period. The Federal Reserve will be headlining the week as speculation is rife about whether or not more stimulus is on the way. But no major policy shift is anticipated from the SNB, Bank of England and Bank of Japan meetings. Should central bankers fail to produce any fireworks, the preliminary PMI readings for Decembe...