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No-trade deal Brexit? JPMorgan says about one third chance

LONDON, Sept 3 (Reuters) - U.S. bank JPMorgan said on Thursday that there was about a one third chance of a no-trade deal Brexit at year end when the transition period finishes.

“The chance of no-deal is about a third, but with brinkmanship part of the process it may appear higher than that before agreement is reached,” JPMorgan analyst Malcolm Barr said in a research note to clients. (Reporting by Guy Faulconbridge; editing by Kate Holton)

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