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Message Subject I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Poster Handle Limpan
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(Routers) - Cautious optimism that the U.S. government would avert an economically damaging debt default lifted world shares and supported the dollar on Tuesday though prices traded within tight ranges.

The hopes for 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 of a last minute deal lifted Europe's blue chip index, the Euro STOXX 50, by 0.4 percent to reach a 2-1/2-year high. Germany's DAX touched a record peak.

"Optimism that a deal will soon be agreed continues to prevail. Relief that politicians have taken the U.S. to the edge and back again is clear," said Keith Bowman, equity analyst at Hargreaves Lansdown.

Earlier, the more bullish sentiment had boosted Asian shares to their highest in nearly five months and seen Japan's Nikkei gain 0.25 percent to be near a two-week peak.

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