Abengoa re-energised as markets turn surreal

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

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Abengoa re-energised as markets turn surreal

Abengoa

Was it all a dream? At the start of the week the markets were in the throes of a full-blown panic, with talk of “Black Monday” and plentiful comparisons with the Lehman collapse. Yet barely three days later, the iTraxx Europe was back trading at 70.5bp, exactly the same level it was quoted at a week ago.

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