In their latest client note published on Thursday, analysts at Goldman Sachs - the US investment bank upped the odds of an extension to Article 50 to 55% from 50%, while keeping unchanged at 35% the probability of a “no Brexit” scenario, Reuters reports.

Key Highlights:

Cuts its chances for a “no-deal” Brexit to 10 percent from 15 percent previously.

“We continue to see the most likely outcome of the current impasse as eventual ratification of the Prime Minister’s Brexit deal, with a three-month extension of Article 50.”