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28 Feb 2019
Goldman Sachs slashes odds of no-deal Brexit to 10% - Reuters
In their latest client note published on Thursday, analysts at Goldman Sachs - the US investment bank upped the odds of an extension to Article 50 to 55% from 50%, while keeping unchanged at 35% the probability of a “no Brexit” scenario, Reuters reports.
Key Highlights:
Cuts its chances for a “no-deal” Brexit to 10 percent from 15 percent previously.
“We continue to see the most likely outcome of the current impasse as eventual ratification of the Prime Minister’s Brexit deal, with a three-month extension of Article 50.”