EMEA > Euro Markets: EUAs rally 2.3% as increase in funds’ net short triggers renewed buying

Euro Markets: EUAs rally 2.3% as increase in funds’ net short triggers renewed buying

Published 17:24 on September 11, 2024  /  Last updated at 17:51 on September 11, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices rallied on Wednesday morning as weekly positioning data showed that investment funds more than doubled their net short positions last week, triggering a rally as traders looked to test the conviction of bearish bets.
European carbon prices rallied on Wednesday morning as weekly positioning data showed that investment funds more than doubled their net short positions last week, triggering a rally as traders looked to test the conviction of bearish bets.


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