EU May Favor Short Brexit Extension to Pressure U.K.: Teneo's Nickel

The transcript discusses the market's reaction to Brexit developments, particularly focusing on Theresa May's stance against a no-deal Brexit. It explores the options available to the EU, including short and long extensions, and highlights the decision-making process at the European Council level.

How does the speaker perceive the likelihood of a short extension?

What does the speaker suggest about the decision-making process in the EU?