EMEA > Euro Markets: EUAs post second inconclusive week as prices rally to technical level after weak auction

Euro Markets: EUAs post second inconclusive week as prices rally to technical level after weak auction

Published 17:14 on February 2, 2024  /  Last updated at 18:52 on February 2, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices shook off the weakest German auction of the year to climb back above a key technical level that has acted as a fulcrum for the market for the last two weeks, and posted a second inconclusive weekly candlestick, while energy markets were little changed amid opposing pressures.
European carbon prices shook off the weakest German auction of the year to climb back above a key technical level that has acted as a fulcrum for the market for the last two weeks, and posted a second inconclusive weekly candlestick, while energy markets were little changed amid opposing pressures.


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