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  / Ben Garside /  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.


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