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J.P.Morgan Adjust Call Re: Chances Of A Brexit Deal Back To Two Thirds

EU-UK

J.P.Morgan note that "having raised our assessment of the deal/no-deal probability to 80-20% a couple of weeks ago, the developments of the last 48 hours are enough for us to push this back to the two thirds-one third. As we wrote last week, we continue to think that 'emergency' meetings among political leaders will come into play more openly if a deal is not in place as the EU Council meets on Thursday. That assumes, of course, that the two sides are still prepared to negotiate at that point."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
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