In its latest research reports, Danske Bank came out with an upbeat analysis of Brexit developments while conveying the increased odds of a Brexit deal. However, their base case expectations of another Brexit extension followed by a snap election remains on their radar. Key quotes “Recent days have been positive for the Brexit negotiations and hence we have increased the likelihood of a deal to 20% (from below 10% previously).” “However, the pathway is still full with obstacles. First of all time is very limited. Also, the rest of the EU system is less upbeat than the Irish and think a lot of work still has to be done.” “Even if the UK and EU27 agree on a deal, PM Johnson may not have support in Parliament.” “Our base case remains another Brexit extension into 2020 followed by a snap election, but the probability has declined to 70% from 85% previously.” “We think the likelihood of a no deal Brexit by 31 October is very slim (5%) due to the Brexit Delay Bill, which seems extremely watertight.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/NZD rising over 0.30% to month highs as trade-deal optimism builds FX Street 4 years In its latest research reports, Danske Bank came out with an upbeat analysis of Brexit developments while conveying the increased odds of a Brexit deal. However, their base case expectations of another Brexit extension followed by a snap election remains on their radar. Key quotes "Recent days have been positive for the Brexit negotiations and hence we have increased the likelihood of a deal to 20% (from below 10% previously)." "However, the pathway is still full with obstacles. First of all time is very limited. Also, the rest of the EU system is less upbeat than the Irish and think… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
