Page 116 - Demo

CARBON (€/T) FRIMON VAR D-1 VAR W-1AVG.MAXMIN 29/81/9FROM THE BEGINNING OF THIS YEARCO2 EUA DEC 202572.99 73.970.981.7872.2383.9360.94CO2 EUA DEC 202674.90 75.911.011.7774.2086.3562.54CO2 EUA DEC 202777.12 78.151.031.7976.5089.0764.54CO2 EUA DEC 202879.64 80.711.071.7379.0791.9466.86UK ETS DEC 25 EUR 61.31 62.631.322.3654.8765.4337.35UK ETS DEC 26 EUR 64.16 65.471.312.457.4268.3639.48UK ETS DEC 27 EUR 67.03 68.351.322.5160.1370.8642.14European carbon prices kicked off September with a strong rally, reaching a 10-week high on Monday as compliance demand picked up ahead of the 30September surrender deadline. As a result, the EUAs expiring in Dec-2025 roseby 1.3% to nearly 74 EUR/tonne.CO2 EUAEXCHANGE RATES FRIMONVAR D-1 VAR W-1AVG.MAXMIN 29/81/9FROM THE BEGINNING OF THIS YEARRATE EUR/USD1.1658 1.17150.00570.00181.11251.18101.0198RATE EUR/GBP0.8668 0.8662-0.00060.00030.84860.87170.8253RATE GBP/EUR1.1537 1.15450.0008-0.00041.17871.21171.1472The EUR/USD pair edged 0.5% higher at 1.1715 in thin trading on Monday,during the US Labor Day holiday shutdown. A weaker dollar and risingexpectations of a September Fed rate cut underpinned the move.In contrast, the EUR/GBP rate slipped by 0.1% to 0.8662, with divergingEurozone and UK data driving sentiment. Focus now turns to Tuesday’sEurozone inflation release, where core HICP is forecast to ease to 2.2% YoYfrom 2.3%, while the headline rate is seen steady at 2.0%.