EMEA > Compliance Markets & Taxes > Euro Markets: EUAs climb 2.7% as bullish sentiment spreads, while UKAs advance 6.5% on rising linking optimism

Euro Markets: EUAs climb 2.7% as bullish sentiment spreads, while UKAs advance 6.5% on rising linking optimism

Published 17:26 on May 11, 2026 / Last updated at 08:23 on May 12, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices recovered after an initial decline in response to the United States' rejection of Iran's latest peace proposal over the weekend, and made strong gains in the afternoon as positive fundamental sentiment began to spread amongst traders, while UKAs also jumped to a three-month high as hopes for an EU-UK market linkage were boosted ahead of this week's King's Speech.
European carbon prices recovered after an initial decline in response to the United States' rejection of Iran's latest peace proposal over the weekend, and made strong gains in the afternoon as positive fundamental sentiment began to spread amongst traders, while UKAs also jumped to a three-month high as hopes for an EU-UK market linkage were boosted ahead of this week's King's Speech.


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