Euro Markets: EUAs post modest weekly gain as bears remain in control despite some short covering

Published 17:26 on September 30, 2022  /  Last updated at 20:19 on September 30, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs recorded their smallest weekly move in three months, rising 1.5% from last Friday as the morning's short covering fizzled while traders closed their books for the month and the quarter, while energy markets eased as EU ministers agreed energy cost safeguards but not a gas price cap.

EUAs recorded their smallest weekly move in three months, rising 1.5% from last Friday as the morning’s short covering fizzled while traders closed their books for the month and the quarter, while energy markets eased as EU ministers agreed energy cost safeguards but not a gas price cap.

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