Page 56 - Demo

CARBON (€/T) FRIMON VAR D-1 VAR W-1AVG.MAXMIN 5/128/12FROM THE BEGINNING OF THIS YEARCO2 EUA DEC 202581.98 81.980-0.6674.1683.9360.94CO2 EUA DEC 202684.20 84.230.03-0.6376.1786.3562.54CO2 EUA DEC 202786.64 86.810.17-0.5178.4789.0764.54CO2 EUA DEC 202889.42 89.700.28-0.3581.0591.9466.86UK ETS DEC 25 EUR 64.28 63.89-0.39-0.4357.6667.0437.35UK ETS DEC 26 EUR 67.23 66.83-0.4-0.4460.3270.0439.48UK ETS DEC 27 EUR 70.32 69.92-0.4-0.4763.1473.1442.14Monday saw European carbon prices remain flat, constrained by Decemberoption strike levels as expiry approaches and with auctions paused from 16Dec to 6 Jan. Consequently, the EUAs expiring in Dec-2025 traded nearly 82EUR/tonne.CO2 EUAEXCHANGE RATES FRIMONVAR D-1 VAR W-1AVG.MAXMIN 5/128/12FROM THE BEGINNING OF THIS YEARRATE EUR/USD1.1645 1.16550.0010.00091.12741.18371.0198RATE EUR/GBP0.8727 0.87460.0019-0.00320.85580.88460.8253RATE GBP/EUR1.1459 1.1434-0.00250.00421.16891.21171.1305The EUR/USD pair slipped by 0.1% to 1.1655 on Monday, pressured by astronger US Dollar and rising Treasury yields ahead of Wednesday’s Feddecision. With US inflation near 3% and consumer sentiment weakening,traders remain cautious.Meanwhile, the EUR/GBP rate eased by 0.2% to 0.8746, as earlier relief fromthe UK’s tax-rising budget persists ahead of BoE speeches. A modest rise inSentix investor sentiment to -6.2 and stronger-than-expected German industrialproduction, up 1.8% in October, failed to provide any significant support to theEuro.