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US stocks close at highs while commodities extend declines

FXStreet (San Francisco) - Wall Street rebounds on Wednesday as investors believed in Facebook and another social media companies. The S&P closed positive for second day in seven sessions.

While investors are speculating when the Federal Reserve is planning to hike interest rate, commodities as gold and oil extended declines.

The Dow Jones advanced 54.84 pts or 0.32% to close the day at 17,068.71; the S&P 500 added 7.25 pts or 0.36% to finish at 1,995.69; while the Nasdaq Composite rallied 34.24 pts or 0.75% to 4,586.52.

RBNZ to hold fire until Q2 2015 - Nomura

According to Nomura FX Strategists, the RBNZ is unlikely to hike rates again before Q2 2015.
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NZD/USD holds above 0.8225, for now...

The NZD/USD is trading sideways in between the 0.8225 and 0.8240 as investors are waiting for RBNZ's news on interest rates as the bank is expected to place itself in a wait-and-see mode.
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