Sovereign Supply, Surplus Liquidity Shape Q3 Market Mood

Despite reduced Friday trading due to the US holiday in observance of Independence Day, commodities closed week-on-week (WoW) at pre-war levels, with Brent crude and West Texas Intermediate (WTI) at $72.07/bbl. (+0.10%) and $68.73/bbl. (-0.73%) respectively, while gold at $4,088.99/oz (+0.04%)…