Home Breadcrumb caret Investments Breadcrumb caret Market Insights Fed rate hike, inflation data could roil markets All eyes on Janet Yellen. That and more from Prab Sagoo, associate director at Nasdaq Advisory Services, in his weekly commentary. By Staff | December 14, 2015 | Last updated on December 14, 2015 1 min read All eyes on Janet Yellen. That and more from Prab Sagoo, associate director at Nasdaq Advisory Services, in his weekly commentary. Highlights: We are set for a busy week. The headline event is the Federal Reserve rate announcement on Wednesday. A rate hike is expected. Interest-rate-sensitive stocks are likely to weaken and we may also see further weakness in the Canadian dollar versus the U.S. dollar. Domestically, inflation data is due out Friday, as is a rebalancing of the TSX indices. This will add further volatility. From last Friday’s close, we were a little under 3% off from bear market territory and a move below August lows may mean the TSX may take another leg lower. Tax loss selling will likely also pressure the benchmark. The deadline for domestic stocks is late next week, though activity may start sooner ahead of the holiday period, where volumes are likely to be lighter. Also read: What moved global markets in 2015? Household debt grew in Q3 These charts will help clients understand the economy Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo