Deutsche Bank still sees 50:50 chance of no-deal Brexit

Deutsche Bank on Wednesday retained its estimate that there is a 50:50 chance Britain will crash out of the European Union without a deal with Brussels following Prime Minister Boris Johnson's move to suspend parliament.

In a note, the bank's macro strategist Oliver Harvey added the most likely path to preventing a no-deal Brexit would be the formation of a national unit government either in early September or late October.

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