Spot platinum just broke through the $1,610.00/oz level, last trading at $1,609.89/oz, down 0.81% on the day; Nymex platinum futures main contract last traded at $1,621.7/oz, down 0.64% on the day.

US Treasury yields widen sharply on a monthly basis, with 30-year yield hitting a 19-year high; curve steepening coincides with deepening inflation concerns

The Hormuz crisis drives the search for alternative fuels, with SAF price spreads narrowing from 5 times to 2 times, but airlines and refineries are stuck in a wait-and-see stalemate.

The US and Japan jointly bought yen, with the scale and level of coordination of the intervention exceeding expectations, causing the exchange rate to jump by more than 1%.

The U.S. Treasury confirmed it intervened in the Japanese yen on Friday, with the New York Federal Reserve executing euro sales to purchase yen, marking an escalation in joint action.