EMEA > Euro Markets: EUAs move up tracking gas as market continues search for direction

Euro Markets: EUAs move up tracking gas as market continues search for direction

Published 12:06 on August 8, 2024  /  Last updated at 17:00 on August 8, 2024  / Roy Manuell /  EMEA, EU ETS, UK ETS

EUAs continued to closely track TTF gas prices on Thursday, as they once again bounced back off a key technical resistance level before briefly breaching it late in the session, with the market generally struggling to find a clear direction amid quiet summer trading and a lack of fundamental influence.
EUAs continued to closely track TTF gas prices on Thursday, as they once again bounced back off a key technical resistance level before briefly breaching it late in the session, with the market generally struggling to find a clear direction amid quiet summer trading and a lack of fundamental influence.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.