Page 20 - Demo

CARBON (€/T) THUFRI VAR D-1 VAR W-1AVG.MAXMIN 2/103/10FROM THE BEGINNING OF THIS YEARCO2 EUA DEC 202577.43 79.161.733.1872.7583.9360.94CO2 EUA DEC 202679.48 81.211.733.2174.7386.3562.54CO2 EUA DEC 202781.75 83.511.763.2477.0289.0764.54CO2 EUA DEC 202884.35 86.131.783.2979.5991.9466.86UK ETS DEC 25 EUR 64.56 65.470.913.3456.0767.0437.35UK ETS DEC 26 EUR 67.55 68.510.963.3958.6770.0439.48UK ETS DEC 27 EUR 70.50 71.460.963.461.4273.1442.14European carbon prices reached their highest level in seven months on Friday,fuelled by robust demand and growing long positions in the market. Hence, theEUAs expiring in Dec-2025 advanced by 2.2% to 79.16 EUR/tonne.CO2 EUAEXCHANGE RATES THUFRIVAR D-1 VAR W-1AVG.MAXMIN 2/103/10FROM THE BEGINNING OF THIS YEARRATE EUR/USD1.1754 1.1734-0.0020.00621.11991.18371.0198RATE EUR/GBP0.8721 0.8709-0.0012-0.00310.85120.87480.8253RATE GBP/EUR1.1467 1.14820.00150.0041.17511.21171.1431The euro showed limited support on Friday, despite modest growth and ongoingdisinflation in the eurozone. September’s HCOB Composite PMI rose to 51.2,its highest since May 2024, while the Services PMI edged up to 51.3, slightlybelow forecasts. Yet, the EUR/USD pair edged 0.2% lower at 1.1734 on Fridayamid a quiet session.The EUR/GBP rate slipped by 0.1% to 0.8709 as sterling consolidated amiduncertainty over the Bank of England’s policy, with policymaker Catherine Mannnoting persistent inflation risks and backing a hold on rates.