US heavies weigh in on Brexit deal

WALL STREET: ONE HOPEFUL, BUT OTHER SEES A DELAY

‘Lawmakers would ultimately block a nodeal exit if needed.’

by leaving without a deal.

Goldman Sachs said lawmakers would ultimately block a nodeal exit if needed.

Goldman said it saw the probability of a no-deal exit at 15% and the probability of no Brexit at bout 35%.

May suffered a defeat on her Brexit strategy on Thursday that undermined her pledge to EU leaders to get her divorce deal approved.

She has promised that if parliament has not approved a deal by February 26, she will make a statement updating lawmakers on her progress and lawmakers will have an opportunity the next day to vote on the way forward.

JPMorgan said it thought May would now seek an extension to the March 29 deadline. – Reuters