ANALYSIS: EUAs rally on sunnier Brexit outlook despite gathering fundamental clouds

Published 17:42 on April 4, 2019  /  Last updated at 00:01 on April 5, 2019  /  EMEA, EU ETS  /  No Comments

EU carbon prices have surged by around 15% so far this week on the back of bullish buying stoked by Brexit optimism and supported by a rising energy complex, but some have questioned whether the sharp gains are warranted or sustainable, especially in light of worsening fundamentals.

EU carbon prices have surged by around 15% so far this week on the back of bullish buying stoked by Brexit optimism and supported by a rising energy complex, but some have questioned whether the sharp gains are warranted or sustainable, especially in light of worsening fundamentals.

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