Goldman Sachs says there could be Brexit drama ahead and then a thin deal
LONDON, 15 Oct (Reuters)-On Thursday, Goldman Sachs said there could be drama about Brexit at the EU sumference, but a slim trade pact with Brexit will hopefully be achieved in early November.
The Goldman analyst Sven Jari Stehn said in a report to clients "Neither the UK Premier's date of 15 October nor the European Commission's 31 October deadline constitute a rough halt to the Brexit negotiations.'
"A shot of diplomatic intrigue could well be on the European Council this week."
"We assume that there is an anticipated possibility of a 'no deal' in October, but it remains our central belief that a 'tiny' zero/quota trade arrangement is potentially signed at the beginning of November," Goldman said.
(Guy Faulconbridge's report; Sarah Young's editing)