EU Market: EUAs jump nearly 6% as bears capitulate, markets strengthen

Published 20:17 on September 28, 2020  /  Last updated at 21:19 on September 28, 2020  /  EMEA, EU ETS  /  No Comments

EUAs jumped nearly 6% on Monday to reclaim last week's losses as wider markets swung to positive, with carbon further boosted by a bout of short-covering and speculative buying once prices broke above resistance.

EUAs jumped nearly 6% on Monday to reclaim last week’s losses as wider markets swung to positive, with carbon further boosted by a bout of short-covering and speculative buying once prices broke above resistance.

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