Free Trial

Regarding Brexit, Morgan Stanley now expect "a...>

UK
UK: Regarding Brexit, Morgan Stanley now expect "a pivot to a new approach. We
think the government has two options - pivoting to a softer Brexit, likely a
customs union Brexit, or to a political process - i.e.,elections or a referendum
- as a way out of the impasse. Moreover,given the lack of UK consensus and time,
we now expect at least a short extension of the negotiating period. This implies
greater volatility and longer duration in terms of process,and a shift in the
balance of probabilities towards a softer outcome."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.