EMEA > Euro Markets: EUAs erase early losses on Parliament vote as energy gets US inflation boost

Euro Markets: EUAs erase early losses on Parliament vote as energy gets US inflation boost

Published 17:06 on November 10, 2022  /  Last updated at 18:56 on November 10, 2022  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

EUAs rallied on Thursday after an early fall that saw prices tumble by more than €2 in less than an hour, as traders reacted the European Parliament's vote on proposals to sell allowances to fund the bloc's transition away from fossil fuels, while bullish US inflation data drove energy markets higher.
EUAs rallied on Thursday after an early fall that saw prices tumble by more than €2 in less than an hour, as traders reacted the European Parliament's vote on proposals to sell allowances to fund the bloc's transition away from fossil fuels, while bullish US inflation data drove energy markets higher.


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, login here.