Euro Markets: EUA rally stretches into third day after strong auction as energy drops on Russian supply assurances

Published 17:29 on March 10, 2022  /  Last updated at 18:05 on March 10, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs extended their rally into a third day despite early losses after the daily auction saw the highest volume of bidding in a year, while energy prices were lower as Russia reiterated its intention to maintain gas supplies despite reports of unsuccessful negotiations to agree a ceasefire.

EUAs extended their rally into a third day despite early losses after the daily auction saw the highest volume of bidding in a year, while energy prices were lower as Russia reiterated its intention to maintain gas supplies despite reports of unsuccessful negotiations to agree a ceasefire.

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