EMEA > Euro Markets: EUAs post robust afternoon gains on macro bullishness ahead of REPowerEU talks

Euro Markets: EUAs post robust afternoon gains on macro bullishness ahead of REPowerEU talks

Published 17:32 on November 15, 2022  /  Last updated at 17:32 on November 15, 2022  / /  EMEA, EU ETS, UK ETS

European carbon prices wiped out losses from the last week after an afternoon surge that appeared to be a response to firmer global markets rather than speculative buying ahead of Wednesday's trilogue negotiations over the REPowerEU initiative, while energy prices rose for a second day as speculative traders covered short positions after a North Sea gas field outage.
European carbon prices wiped out losses from the last week after an afternoon surge that appeared to be a response to firmer global markets rather than speculative buying ahead of Wednesday's trilogue negotiations over the REPowerEU initiative, while energy prices rose for a second day as speculative traders covered short positions after a North Sea gas field outage.


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