This is from late last week but I don't know if it got a run here, so as an ICYMI:
- We revise down the probability we attach to a "no deal" Brexit from 15% to 10%.
- We revise up the probability we attach to a modified Brexit deal from 45% to 50%.
- We leave our "no Brexit" probability unchanged at 40%."
More:
- In our central scenario, the UK leaves the EU in an orderly fashion before elections to the European Parliament take place at the end of May. Outside our central scenario, we think the risks are skewed decisively in the direction of a longer Article 50
May listening intently to some dude from Goldman Sachs. Sure beats listening to Boris Johnson, that's for sure.