The platinum market recovered from overnight weakness, after the potentially unsettling credit rating news from Spain was thought to have pressured the market. Platinum could also have been weakened by reports of slackening Asian gold demand after the conclusion of a festival period in India and it could also have been pressured because of upcoming Asian holidays next week. Some traders feel that the platinum market may find support from a softer than expected GDP reading but favorable US earnings news as well as positive US equity market action could also help to underpin this morning's rebound.