Euro Markets: EUAs touch ten-week high before late selling amid worsening economic outlook

Published 17:23 on May 5, 2022  /  Last updated at 17:46 on May 5, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUA prices rose briefly above €91 for the first time in ten weeks on Thursday, as technical buying emerged after the market broke through a key resistance level, before prices retreated amid yet more signs of weakening global economic conditions.

EUA prices rose briefly above €91 for the first time in ten weeks on Thursday, as technical buying emerged after the market broke through a key resistance level, before prices retreated amid yet more signs of weakening global economic conditions.

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