With sluggish world equity markets, a stronger Dollar and a very uncertain situation in the Euro zone, platinum has continued to be under pressure this morning. Rising disappointment with the global economy is adding into the anxiety off the Euro zone, which may be contributing to a deflationary environment for most physical commodity markets. Some traders feel it could take much better than expected US economic data later on this morning in order to support platinum prices. Other traders feel that even with decent US data today, there is no guarantee that the platinum market will be able to shake off rising fears towards a potential Euro zone breakup.
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