Euro Markets: EUAs advance for third day as speculative length builds ahead of reform package

Published 17:20 on July 14, 2026 / Last updated at 17:37 on July 14, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon surged after Tuesday morning's auction as speculative length-building in anticipation of Friday's EU ETS reform package presentation continued to drown out other market signals, including a further ratcheting up of the conflict in the Persian Gulf and rising power prices.
European carbon surged after Tuesday morning's auction as speculative length-building in anticipation of Friday's EU ETS reform package presentation continued to drown out other market signals, including a further ratcheting up of the conflict in the Persian Gulf and rising power prices.


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