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EU Market: EUAs fall 3.2% to below €28 as full-sized auctions return

"EUAs slipped below €28 as full-sized auctions resumed on Tuesday, with prices retreating further from Monday’s stint above €30 in defiance of mostly bullish expectations and a more positive macro economic outlook...

...Fellow analysts at consultancy ClearBlue Markets were also bullish due to the tighter nuclear output, as well as trader expectations that EU lawmakers would this autumn target the higher end of their 50-55% ambition range for ramping up the bloc’s 2030 emission target that underpins the ETS cap."

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