EU ETS Could Rally on Improving Macroeconomic Factors
December 06, 2023 at 17:03 PM EST
The European Union Emissions Trading Scheme (EU ETS) saw challenges in November, but macroeconomic factors could help the market recover. Front-year contract prices fell by over 10% in November, according to KraneShares, driven by short selling due to a gloomy macroeconomic outlook. Additionally, a 20% drop in European fossil fuel generation weights on front-year contract [...] The post EU ETS Could Rally on Improving Macroeconomic Factors appeared first on ETF Trends .
