The April platinum contract posted an upside breakout during overnight trading, which has resulted in a series of headlines trumpeting fresh 30-year highs for the market. The rally in platinum prices has caused platinum-based equity shares to rise, which has suggested to some traders that a portion of the recent strength in the market has come from a wide range of investment interest. As in the gold market, another selloff in the Dollar has been widely seen as providing a major share of platinum's gains this morning but other traders are suggesting that platinum may be receiving some Asian buying ahead of the upcoming Lunar New Year. The chief economist for the Bank of Japan stated that the Japanese economy will begin to rebound by the middle of this year, which may help to lift Japanese industrial platinum demand.