Platinum prices are moderately lower but remain well above the recent lows this morning. The platinum market may not have found a large amount of support from news of a rather sharp decline in South African platinum production, which suggests for some traders that the main focus of the platinum market continues to be the overall direction for demand. On the other hand, weaker equities, slightly undermined global growth expectations because of disappointing Chinese GDP data and moderate strength in the Dollar are generally expected to pressure platinum prices this morning. While there are few expectations that today's US economic reports slate will dramatically alter the initial economic vibe, positive surprises from US bank earnings or one of the Fed speeches today rekindling hope of near-term easing could lift platinum later in the session.