EMEA > Euro Markets: EUAs post 7.6% weekly gain despite abrupt about-turn and daily loss as profit-taking emerges

Euro Markets: EUAs post 7.6% weekly gain despite abrupt about-turn and daily loss as profit-taking emerges

Published 17:17 on May 3, 2024  /  Last updated at 19:34 on May 3, 2024  / /  EMEA, EU ETS, UK ETS

European carbon allowances posted a weekly gain of 7.6% despite a volatile session on Friday, in which prices reached a 13-day high but unwound all their gains as the short squeeze of the last three sessions gave way to profit-taking after Thursday's 6.9% jump.
European carbon allowances posted a weekly gain of 7.6% despite a volatile session on Friday, in which prices reached a 13-day high but unwound all their gains as the short squeeze of the last three sessions gave way to profit-taking after Thursday's 6.9% jump.


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