EMISSIONS: UKAs Dec-26 Rise

UKAs are trading higher ahead of today's CoT data release and UKA ICE auction. UK PM Andy Burnahm met the bloc's Ursula von der Leyen yesterday with talks focussed on the importance of working together, while an official date for the EU-UK summit is still pending. * UKA DEC 26 up 0.84% at 58.61 GBP/t CO2e * NBP Gas OCT 26 down 0.6% at 181.31 GBp/therm * FTSE 100 DEC 26 up 0.4% at 10826 * ICE UKA futures daily aggregate traded volume stood at 3,182 contracts in the previous session, up 46.37% compared with the 30-day average. * The EUA Dec26 premium to the UK equivalent stood last at 18.62/t CO2e. * Correlation between UKA/EUA for 30-day period at 0.68, compared with the 0.79 last week. * Correlation between UKA/TTF for 30-day period at 0.50, compared with the 0.10 last week. * Correlation between UKA/STOXX for 30-day period at -0.11, compared with the 0.01 last week. * Correlation between UKA/FTSE for 30-day period at -0.05, compared with the 0.07 last week. * UK PM Andy Burnham and European Commission President Ursula von der Leyen discussed working towards a successful outcome for the next EU-UK summit later this year during talks at the UN General Assembly on Tuesday, according