Moody's: risk of a "no-deal" Brexit has risen - Reuters

The ratings agency Moody's take on Brexit, global credit conditions, economic growth and trade, and geopolitical risks is crossing the wires via Reuters:

Key points

• The risk of the UK withdrawing from the EU without a trade agreement in place has risen
• The slowdown in economic growth will give way to even weaker global credit conditions in 2020
• Tensions between the US and China will spread far beyond trade disputes
• Global trade, political and geopolitical risks will likely escalate in 2019 as tensions between the US and China heightens.
• Global credit conditions to weaken in 2019 amid slowing growth and rising risks.