EMEA > Euro Markets: EUAs reverse early losses to post second day of strong gains amid surge in buying

Euro Markets: EUAs reverse early losses to post second day of strong gains amid surge in buying

Published 18:00 on February 27, 2024  /  Last updated at 18:16 on February 27, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon allowances wiped out early losses to post a second day of healthy gains, closing at their highest level in seven sessions as bullish sentiment and short-covering outweighed a lacklustre morning session, with EUAs helping to drive a recovery in gas and power as well.
European carbon allowances wiped out early losses to post a second day of healthy gains, closing at their highest level in seven sessions as bullish sentiment and short-covering outweighed a lacklustre morning session, with EUAs helping to drive a recovery in gas and power as well.


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