May’s deal passed eventually By Reuters


© Reuters. British PM May is seen outside Downing Street in London

LONDON (Reuters) – Goldman Sachs (NYSE:) said it sees a 55 percent probability of Prime Minister Theresa May getting a Brexit divorce deal ratified even though parliament overwhelmingly rejected the deal for a second time.

Unless May can get a Brexit deal approved by the British parliament, then she will have to decide whether to delay or cancel Brexit or thrust the world’s fifth largest economy into chaos by leaving without a deal.

Goldman said it saw the probability of a no-deal exit at 15 percent and the probability of no Brexit at around 35 percent.

The investment bank said a third vote on version of May’s deal is likely within weeks after the European Union summit on 21-22 March.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Leave a Reply

Your email address will not be published. Required fields are marked *