EMEA > Compliance Markets & Taxes > Euro Markets: EUAs resist macro risk-off mood to post small gains as energy prices trim early jumps

Euro Markets: EUAs resist macro risk-off mood to post small gains as energy prices trim early jumps

Published 18:05 on March 2, 2026 / Last updated at 18:19 on March 2, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon shook off an initial €2 plunge to end the day higher, amid a steep and widespread jump in energy prices after the weekend’s attacks on Iran, as EUAs appeared to absorb the narrowing fuel-switch differential that moved in favour of coal and downplayed the macroeconomic risk-off mood.
European carbon shook off an initial €2 plunge to end the day higher, amid a steep and widespread jump in energy prices after the weekend’s attacks on Iran, as EUAs appeared to absorb the narrowing fuel-switch differential that moved in favour of coal and downplayed the macroeconomic risk-off mood.


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