S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
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STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketPlatinum climbed above $1,580 per ounce, approaching three-week highs as mounting US economic concerns and expectations of further Federal Reserve rate cuts lifted safe-haven demand for precious metals. Data last week showed US job losses in October, particularly in government and retail sectors, while consumer sentiment fell to a 3½-year low in early November. Traders are pricing in about a 64% chance of a 25-basis-point Fed cut in December, with Fed Governor Stephen Miran advocating a larger half-point reduction amid falling inflation and rising unemployment. Platinum has surged over 70% year-to-date, outperforming gold, supported by tight supply and robust industrial demand. Meanwhile, China approved registration for platinum and palladium futures and options, taking a key step toward launching derivatives trading for the metals used by automakers and other industries.
