EMEA > Euro Markets: Colder weather forecasts drive EUAs to biggest daily gain in two weeks

Euro Markets: Colder weather forecasts drive EUAs to biggest daily gain in two weeks

Published 17:52 on November 23, 2023  /  Last updated at 18:00 on November 23, 2023  / /  EMEA, EU ETS, UK ETS

European carbon permits traded around their recent support levels in the morning after setting yet another year-to-date low amid an "arm-wrestle" between bulls and bears, before rising strongly in the afternoon to post their biggest daily gain in two weeks, while energy markets rose robustly late in the day with temperatures set to decline.
European carbon permits traded around their recent support levels in the morning after setting yet another year-to-date low amid an "arm-wrestle" between bulls and bears, before rising strongly in the afternoon to post their biggest daily gain in two weeks, while energy markets rose robustly late in the day with temperatures set to decline.


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