McCarthy: Negotiators have made some progress on debt ceiling | Forexlive

• Not everyone will be happy with debt deal
• Negotiators worked well past midnight
• I have instructed negotiators to work 24 hours a day for a deal

Separately, US Republican Rep McCaul said they’re getting close to a deal and that it’s down to the details.

Yesterday, he said it would take about 72 hours to pass legislation after a deal is reached.

Stock futures have extended gains on this.

A reminder: The debt ceiling has been raised 78 times since 1960 and the US has never once defaulted.

Stop falling for it.