Euro Markets: Low-volume technical buying, gas supply threat send EUAs to new 5-week high

Published 22:00 on November 11, 2021  /  Last updated at 01:04 on November 12, 2021  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs climbed to a new five-week high on Thursday on what traders called "unconvincing" low-volume technical buying, which was helped by other energy markets rising on a Belarusian threat to Europe's gas supplies.

EUAs climbed to a new five-week high on Thursday on what traders called “unconvincing” low-volume technical buying, which was helped by other energy markets rising on a Belarusian threat to Europe’s gas supplies.

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