JP Morgan raises probability of no-deal Brexit to 25% from 15%

Market news

21 May 2019

JP Morgan raises probability of no-deal Brexit to 25% from 15%

Raises probability of Article 50 extension to 60% versus 50%
Cuts probability of exit on withdrawal agreement to 15% from 35%
Says its base case is that Boris Johnson become PM, and he calls a general election, followed by a new delay to Brexit to the end of December

Canada's retail sales likely to increase 1.4% in March - TDS

U.S. Stocks open: Dow +0.56%, Nasdaq +0.84% S&P +0.64%

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