EMEA > Euro Markets: EUAs post weekly gain for first time since mid-October as traders eye timing of rally

Euro Markets: EUAs post weekly gain for first time since mid-October as traders eye timing of rally

Published 17:32 on November 10, 2023  /  Last updated at 19:33 on November 10, 2023  / /  EMEA, EU ETS, UK ETS

EUA prices posted their first weekly gain in a month, shaking off early weakness to chart a robust afternoon gain amid some short covering, as speculation continued to grow that the market may be approaching a turning point after a month-long decline, while energy markets fell back for a fourth week in a row.
EUA prices posted their first weekly gain in a month, shaking off early weakness to chart a robust afternoon gain amid some short covering, as speculation continued to grow that the market may be approaching a turning point after a month-long decline, while energy markets fell back for a fourth week in a row.


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