Market news
21.05.2019, 13:38

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

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