Make Kitco Your Homepage

Brexit: Goldman sees greater chance of PM May getting deal through

Kitco News

LONDON, March 14 (Reuters) - Goldman Sachs said it sees a 60 percent probability of British Prime Minister Theresa May getting her deal to exit the European Union ratified after parliament on Wednesday rejected the option of a no-deal Brexit. The new estimate is an increase from 55 percent, which was set on Wednesday. The bank said it still sees a "considerable" chance that Brexit will be reversed through a second referendum. Its subjective odds are at 35 percent.


The bank reduced the probability of a no-deal Brexit further to 5 percent from 10 percent.


(Reporting by Josephine Mason and Helen Reid Editing by Gareth Jones)

Messaging: josephine.mason.reuters.com@reuters.net))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.