EMEA > Euro Markets: Short-covering extends to second day, fuelling 2.7% gain as technical levels fall

Euro Markets: Short-covering extends to second day, fuelling 2.7% gain as technical levels fall

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

European carbon prices advanced strongly for a second session on Thursday amid renewed short-covering in high volume, as the secondary market breached key technical levels and pulled energy prices higher, while UKAs ended their recent winning run.
European carbon prices advanced strongly for a second session on Thursday amid renewed short-covering in high volume, as the secondary market breached key technical levels and pulled energy prices higher, while UKAs ended their recent winning run.


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