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
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Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Platinum futures traded around $2,000 an ounce, sustaining its recovery from a four-week low hit on April 29, supported by broader strength in precious metals amid renewed diplomatic signals in the Middle East war. Attention is focused on US plans to escort vessels not involved in the conflict out of the Strait of Hormuz, alongside indications of progress in negotiations with Iran. Still, the prolonged conflict has kept energy prices and inflation risks elevated, reinforcing expectations that major central banks may need to maintain tighter monetary policy for longer. Meanwhile, the platinum market remains structurally tight, with output concentrated in South Africa and Russia, making production highly vulnerable to disruption. In South Africa, aging mines, high power costs, and only gradual gains from new projects like Platreef continue to limit growth, while Russia is expected to see lower output due to sanctions-related constraints.
