Page 84 - Demo

CARBON (€/T) MON TUE VAR D-1 VAR W-1AVG.MAXMIN 23/324/3FROM THE BEGINNING OF THIS YEARCO2 EUA DEC 202669.26 71.221.964.5778.1692.2463.65CO2 EUA DEC 202771.71 73.762.054.8880.4594.8065.92CO2 EUA DEC 202874.17 76.282.115.0282.9897.7368.21CO2 EUA DEC 202976.92 79.042.125.1285.88101.0470.83UK ETS DEC 26 EUR 43.85 44.961.112.0262.0584.0240.13UK ETS DEC 27 EUR 46.13 47.241.112.0964.7987.6142.32UK ETS DEC 28 EUR 48.60 49.701.12.0967.8891.4644.79European carbon prices were pushed higher on Tuesday, supported by easingshort-term geopolitical concerns and reinforced confidence in the EU ETSfollowing last week’s European Council meeting. Consequently, the EUAsexpiring in Dec-2026 rose by nearly 3% to 71.22 EUR/tonne.CO2 EUAEXCHANGE RATES MONTUEVAR D-1 VAR W-1AVG.MAXMIN 23/324/3FROM THE BEGINNING OF THIS YEARRATE EUR/USD1.1596 1.1572-0.00240.00411.17141.19741.1476RATE EUR/GBP0.8642 0.86540.00120.00110.86850.87630.8616RATE GBP/EUR1.1571 1.1555-0.0016-0.00151.15141.16061.1412The EUR/USD pair slipped by 0.2% to 1.1572, pressured by economic dataindicating that the Iran war is weighing on Eurozone activity and lifting energycosts. Eurozone March PMIs fell to a 10-month low of 50.5, with servicesweakening to 50.1.The EUR/GBP rate inched up to 0.8654 as weaker-than-expected PMIs in boththe Eurozone and UK signalled slowing growth. UK services fell to 51.2,highlighting a loss of demand momentum, while Eurozone manufacturingshowed some resilience at 51.4.