News

Goldman Sachs: UK is likely to leave EU with modified version of current withdrawal agreement

The firm maintains their view on the way Brexit will play out

  • The politics of Brexit have become more protracted
  • As a result, the side-effects on Brexit on the UK economy have intensified
  • Capex by businesses have been particularly subdued

All you have to know here is that sentiment remains that a no-deal Brexit is still seen as unlikely for the time being. As for a deal, we’ve been at this crossroads for many a time now over the past few months. Until something gets done, it’s more likely there will be another extension than there will be a Brexit deal that the UK parliament can get behind.

ForexLive

Articles You May Like

Updated CNBC news notes U.S. stocks closing lower on U.S. and China trade talks appearing to have stalled
Weekly Trading Forecast: Trade War Sentiment Fluctuates Violently, Sabotages Risk Trends
WTI crude oil futures settle at $62.87
EURUSD trades back near unchanged in up and down day
NZD/USD: Little positive around 0.6530 due to optimism at largest customer

Leave a Reply

Your email address will not be published.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