EMEA > Euro Markets: EUAs set third seven-week high in a row as rally resumes

Euro Markets: EUAs set third seven-week high in a row as rally resumes

Published 17:33 on October 27, 2022  /  Last updated at 00:24 on October 28, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EU carbon resumed its rally on Thursday to erase the previous day's losses and set yet another seven-week high as short covering and technical buying resumed, while energy markets stabilised as traders kept a watching brief for news of the EU's plans to cap energy costs.

EU carbon resumed its rally on Thursday to erase the previous day’s losses and set yet another seven-week high as short covering and technical buying resumed, while energy markets stabilised as traders kept a watching brief for news of the EU’s plans to cap energy costs.

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