• Goldman Sachs has cut its chances for a "no-deal" Brexit to 10% from 15% previously

Market news

28 February 2019

Goldman Sachs has cut its chances for a "no-deal" Brexit to 10% from 15% previously

Analysts at the U.S. investment bank raised the chances of an extension to Article 50 to 55 percent from 50 percent, while keeping unchanged at 35 percent the probability of a "no Brexit" scenario.

"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," they wrote in a note.

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