The platinum market has traded within the lower quarter of the prior session's range, which some traders feel may indicate a slight loss of positive momentum. While the gold market received news of potentially positive Chinese gold demand during the coming year, that news has not been seen as translating into a supportive issue for platinum prices this morning. Many traders feel that platinum seems to be under pressure because of a softer global macro economic view, due mainly to fears of tightening by China and India as well as cautionary inflationary dialogue from the Bank of England. An official Chinese newspaper said that China should let the Yuan continue to rise in order to curb imported inflation, which projects stronger platinum prices over the coming year.