This week more neutral trading between €65 and €70 looks possible, amidst policy uncertainty related to REPower EU & plans to manage gas supplies and prices. Questions remain on when and how many EUAs are…
This week, we expect EUAs to consolidate between €65 and €70. The European Parliament last week apparently ruled out sales from the MSR to fund REPower EU, instead advocating front-loading of EUA auctions scheduled for…
A bit more political certainty emerging on power markets and the EU ETS however could give buyers the confidence to buy EUAs at prices under €70 and halt losses, so in short-term there is some…
This week’s outlook is bearish. To confirm that, we’re looking for a break of the recent low at €65.55 for a sign of further losses. A test of the lows last Friday evening saw EUAs…
Regarding tonight’s FOMC meeting, we previewed the meeting on Monday, which you can still read here. In a nutshell, we don’t think there is much to it. 75bps or 100bps is not really important. What…
This weeks outlook is neutral. EUAs are expected to trade between €70 and €75. The market looks torn between the bearish impact of industrial shutdowns and EUA sales as part of the REPower EU plan,…
