EMEA > Euro Markets: EUAs slip nearly 4% as gas surges, financial markets reel

Euro Markets: EUAs slip nearly 4% as gas surges, financial markets reel

Published 19:09 on June 16, 2022  /  Last updated at 12:44 on June 17, 2022  / /  EMEA, EU ETS, UK ETS

EUAs tumbled towards €83 on Thursday as traders faced pressure to sell carbon to cover positions in the surging gas market, while investors braced for a global recession after the Fed's interest rate hike.
EUAs tumbled towards €83 on Thursday as traders faced pressure to sell carbon to cover positions in the surging gas market, while investors braced for a global recession after the Fed's interest rate hike.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.