Tuesday, October 15, 2013

Voice of America: US Debt Deal Optimism Boosts Shares, Dollar

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries 
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US Debt Deal Optimism Boosts Shares, Dollar
Oct 15th 2013, 13:24, by webdesk@voanews.com (Reuters)

Signs of a deal to avert an economically damaging U.S. debt default boosted world equities and the dollar on Tuesday, though firm short-term interest rates highlighted concerns that the problem may just be postponed. Hopes of a deal rose after U.S. Senate Majority Leader Harry Reid, a Democrat, and his Republican counterpart, Mitch McConnell, ended a day of talks on Monday, with Reid saying they had made "tremendous progress." While markets remain wary over the eventual outcome, the signs ...

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