EMEA > Euro Markets: EUAs post 4% weekly gain, shrug off equity falls as technical support holds firm

Euro Markets: EUAs post 4% weekly gain, shrug off equity falls as technical support holds firm

Published 17:19 on August 2, 2024  /  Last updated at 20:23 on August 2, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices posted a second weekly gain despite a moderate decline on Friday, as profit-taking and a weaker macro environment met technical buying above a key support level, while energy markets weakened slightly after a strong series of gains driven by emerging concerns over supply.
European carbon prices posted a second weekly gain despite a moderate decline on Friday, as profit-taking and a weaker macro environment met technical buying above a key support level, while energy markets weakened slightly after a strong series of gains driven by emerging concerns over supply.


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