Australian Dollar climbs over night on Fed decision

With a hold for another month the AUD has sprung back to life - kicking up half a cent to commence trade in Sydney at .7622

USA Federal Reserve indicates rate rise by end of year

Although the Fed held in September, there was a split vote amongst the Board - with a number believing a small rate rise now was warranted

Yellen's media conference following the announcement indicated that a rise was likely not too far off

Dow up 240 points

The Dow has reversed most of the previous session losses closing up 240 points

Australian market to follow Wall Street down

With falls on Wall Street, and the AUD dropping 1 cent in trade over the weekend to currently be .7534, the Australian market is due to open up rob ably around 1.5% lower this morning

Quiet night on Wall Street

Markets closed flat, AUD down to mid 76 level in overnight trade

AUD stronger again - pushing to 77 cents

The Australian RBA will continue to have an issue on its hands with the currency yet again surging towards 77 cents

Despite liberal jawboning to try and keep the currency down, perhaps the only real effect will be to push domestic interest rates even lower.  LCC notes that some bank economists still anticipate 1 or 2 more interest rate cuts to occur in the domestic economy before a bottom is found

Port Hedland Iron Ore shipments to China up 9% in August

Bop announces iron ore shipments up in August by 9%

Australian deals announced Tuesday 6th September

A quiet day on the deal front

JB Hi Fi responded to media speculation relating to a potential deal to acquire The Good Guys

BBX Minerals received an on market takeover proposal at 4.5cents from Drake Private Investments LLC

AUD closes in on 77 cents

With the holding of interest rates by the Australian RBA the Australian Dollar has rallied overnight to close in on 77. Currently 7685

Australian Central Bank keeps rates on hold

Inflation expected to remain low, but rising AUD may complicate matters

AUD little changed after the announcement - currently at 7620

Australian deals announced Monday 5 th September

A couple of interesting deals announced.

BHP divested half of its Scarborough area assets to Woodside
Mitula Group acquired Dot Property
Pact Group announced the acquisition of Australian Pharmaceuticals Manufacturing
Apiam Animal Health acquired Quirindi Veteninary

USA markets closed for Labor Day, A$ at 0.7580

AUD had a quiet trading night in a narrow 20 point range. US markets closed overnight for the annual Labor Day holiday

Aud back through 76cents on jobs data

Australian markets opens stronger

In early trade the ASX 200 is up 47 points or 0.88%