EMEA > Euro Markets: EUAs and TTF gas slide heavily as position data shows funds cutting carbon short, boosting gas length

Euro Markets: EUAs and TTF gas slide heavily as position data shows funds cutting carbon short, boosting gas length

Published 17:13 on August 21, 2024  /  Last updated at 09:59 on August 22, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon allowance prices fell back after early strength on Wednesday was unwound when the weekly position data showed investment funds significantly cut their bearish bets, suggesting that the risk of a short squeeze has receded, while boosting their long positions in natural gas.
European carbon allowance prices fell back after early strength on Wednesday was unwound when the weekly position data showed investment funds significantly cut their bearish bets, suggesting that the risk of a short squeeze has receded, while boosting their long positions in natural gas.


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