Morning Platinum Market Report
Tue 01 May 2012 08:03:02 CT
Related Keywords: Metals
Related Keywords: Metals
The Platinum market has posted moderate losses during early trading today, as some traders are suggesting that upcoming demand for platinum may be suspect because of residual Euro zone turmoil and evidence of economic slowing from the US. However, platinum might take some direction from US domestic auto sales figures today which will be released throughout the trading session. Like the rest of the metals markets, platinum has recently found support from ideas that the Fed is closer to starting up fresh US easing measure.
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*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.
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