Euro Markets: EUAs up 0.4% on the week as market settles in for rangebound trading ahead of reforms

European carbon prices posted a 0.4% weekly gain, unwinding the previous week's 0.4% decline as EUAs continued to travel sideways in a narrow channel ahead of mid-July's EU ETS reform package, while UKAs dropped 1.4% on the week amid ebbing confidence in a rapid linking agreement.