Platinum prices have traded lower this morning in spite of stronger equities and a weaker Dollar. With the platinum market late last week receiving forecasts of a world platinum surplus and with the market fearful that the EU won't be able to completely contain their debt contagion threat, some traders feel that platinum might be vulnerable to a liquidation selloff in the event that French and German leaders fail to make progress at their meeting today. The Italian government announced 30 billion Euros of new austerity measures over the weekend, which may have a negative impact in Euro zone investment platinum demand through the rest of this year.