Euro Markets: Carbon consolidates after early leg lower on weak auction, as energy drops on ruble payment report

Published 17:19 on May 9, 2022  /  Last updated at 23:54 on May 9, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs consolidated after early losses on Monday after the daily auction cleared at a significant discount to the prevailing market, while energy markets weakened amid signals from Gazprom that a break in natural gas supplies could be avoided, and a continuing trend of worsening macroeconomic indicators.

EUAs consolidated after early losses on Monday after the daily auction cleared at a significant discount to the prevailing market, while energy markets weakened amid signals from Gazprom that a break in natural gas supplies could be avoided, and a continuing trend of worsening macroeconomic indicators.

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