Euro Markets: EUAs shrug off flash sell-off as traders see support emerging at recent lows

Published 17:25 on September 29, 2022  /  Last updated at 17:54 on September 29, 2022  / /  EMEA, EU ETS, UK ETS

EUAs recorded a modest rally on Thursday after testing a recent low and later shrugging off a flash sell-off of nearly €2.50, as traders suggested the market has found an interim support level while energy prices gave back strong gains as Germany unveiled a €200 billion gas price-capping initiative.
EUAs recorded a modest rally on Thursday after testing a recent low and later shrugging off a flash sell-off of nearly €2.50, as traders suggested the market has found an interim support level while energy prices gave back strong gains as Germany unveiled a €200 billion gas price-capping initiative.


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.