Jobless claims up, dollar down; court row boosts gold $8+.

On Thursday, as investors weighed the battle between US President Trump and the ruling of the US Trade Court, the US dollar index first rose and then fell, hitting the 100 mark during trading and rising to a intraday high of 100.54. It then continued to give up all its intraday gains and turned downwards, ultimately closing down 0.55% at 99.35. The benchmark 10-year US Treasury yield closed at 4.424%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 3.947%. Gold prices hit a bottom and rebounded on Thursday, hitting a low of $3245.88 per ounce since May 20th earlier, before rebounding to a intraday high of $3330.92, closing at $3317.59 per ounce, aided by weak US labor market data and market participants digesting court rulings blocking most of US President Trump's tariff measures. Two oil prices fell by over 1%. WTI crude oil fluctuated downwards and accelerated its decline before the US market, reaching a intraday low of $60.26 before closing down 1.64% at $60.57 per barrel; Brent crude oil closed down 1.67% at $63.22 per barrel.