peangdao/iStock via Getty Images By Elior Manier The US dollar has seen its best days throughout the last two months, with the infamous petrodollar trade grabbing all the attention from market participants and flows. Crude oil prices, denominated and traded in US dollars, rose by close to 100% from mid-February to just yesterday, amid a historic and brutal conflict in the Middle East. A 6-week-lon...
peangdao/iStock via Getty Images By Elior Manier The US dollar has seen its best days throughout the last two months, with the infamous petrodollar trade grabbing all the attention from market participants and flows. Crude oil prices, denominated and traded in US dollars, rose by close to 100% from mid-February to just yesterday, amid a historic and brutal conflict in the Middle East. A 6-week-long operation led by the US and Israeli armies against the Islamic regime of Iran completely changed the geopolitical picture, which in turn affected markets in a striking manner. The de facto closure of the Strait of Hormuz, which facilitates the movement of close to 20% of global energy commodity flows, has completely rocked inflation expectations and, for the regular economy and all its participants, prices at the pump. With much higher petrol prices, entire regions, particularly those dependent on Middle Eastern oil, had to race to hedge against the risk of shortages and, by doing so, convert their currencies to the US dollar, which created its own self-fulfilling prophecy. Add to it pre-existing short positioning and a Fed that was starting to get priced for rate hikes as inflation expectations exploded, and the cocktail for the greenback was a profitable one. The Petrodollar trade – Oil and US Dollar Correlation. Source: TradingView. April 8, 2026 However, since yesterday evening, the situation has taken quite an unexpected turn. Markets were slowly pricing the potential for a truce, with US pressure to reach a ceasefire extending, but less than 36 hours before the headline, Iran had just rejected a US proposition. Yet, the pressure from the Trump Administration actually worked, and the two sides reached a deal, albeit still quite a foggy one for now. The prior ease in tone had formed a double top in the Dollar Index, but the lack of progress in the situation had kept angst high in the currency markets. However, yesterday's ceasefire headline brought the hammer to the U...
German automotive giant Volkswagen will launch three new electric vehicle (EV) models in mainland China over the next two weeks, developed using technology from Chinese firms. The move comes at a time when international marques are struggling on the mainland amid fierce competition in the world’s largest car market. As the largest foreign carmaker in China, Volkswagen previously said that it would...
German automotive giant Volkswagen will launch three new electric vehicle (EV) models in mainland China over the next two weeks, developed using technology from Chinese firms. The move comes at a time when international marques are struggling on the mainland amid fierce competition in the world’s largest car market. As the largest foreign carmaker in China, Volkswagen previously said that it would integrate Germany’s high manufacturing standards with technology developed by Chinese firms. “We...
近日，下一代移动计算平台公司 Inair 多屏未来（以下简称 Inair）宣布完成千万美元 A+ 轮融资。本轮融资由君联资本、高瓴创投、弘晖基金联合投资，资金将主要用于加速便携空间主机（PSS） 产品 Inair Pod 的生态拓展、空间操作系统研发及垂直行业应用落地。 Inair 多屏未来是一家专注于空间计算与移动生产力的科技公司，由两名在科技领域的连续创业者发起，初创团队拥有 AR 硬件、软件...
近日，下一代移动计算平台公司 Inair 多屏未来（以下简称 Inair）宣布完成千万美元 A+ 轮融资。本轮融资由君联资本、高瓴创投、弘晖基金联合投资，资金将主要用于加速便携空间主机（PSS） 产品 Inair Pod 的生态拓展、空间操作系统研发及垂直行业应用落地。 Inair 多屏未来是一家专注于空间计算与移动生产力的科技公司，由两名在科技领域的连续创业者发起，初创团队拥有 AR 硬件、软件、产品和市场经验，团队成员来自于多家互联网及科技领域的知名企业。 该公司以 AR 眼镜作为入口，致力于为消费者提供下一代的 All-in-one 移动办公解决方案，核心产品为 Inair Pod。该设备搭载自研 Inair OS 空间操作系统，具备空间多屏（最多 6 块虚拟屏幕）、电脑远程串流、实时 AI 2D 转 3D 及 AI 助手能力。 图片来自： Inair 对用户来说，Pod既是主机也是鼠标——用户不需要随身携带沉重的PC，借助INAIR远程串流技术，即可随时随地在眼镜中操控个人PC。 InAir Pod 支持3DoF（三自由度）空间悬停技术，虚拟屏幕可稳定“锚定”在真实空间中，配合头部追踪实现更自然的交互体验。通过软硬一体化的技术架构，Inair Pod 旨在将任意空间瞬间转变为高效的多屏移动工作站，解决传统移动设备在多任务处理上的瓶颈。 Inair Pod 的特色还在于其开放兼容的生态策略。硬件上，它不与终端设备竞争，而是作为“通用算力中枢”，深度兼容 Viture、Xreal、雷鸟等主流 AR 眼镜，并支持投影仪、电视等传统显示设备，让用户无需更换眼镜即可升级算力体验。 目前 Pod 已推出 V3.5 系统版本并出海。这款产品集成了 AI 大模型，内置语音助手，一键启动即可帮用户完成各种任务。 该公司的其他产品还包括INAIR AR 空间计算机、INAIR 2 AR 眼镜、Touchboard、INAIR Pro 和 INAIR Glass等，多设备集合形成一个近似笔记本电脑的“外部舱”，共同实现显示、主机、输入在内的多元功能，并实现无缝衔接。 君联资本负责人表示，“AI 时代的工作流正在重构，Inair 不仅提供了屏幕扩展，更通过空间操作系统与 3DoF 交互解决了人机协同的界面瓶颈，其开放生态定位是推动移动工作站普及的关键。” 高瓴创投代表认为，“随时随...
Overseas investors bought the largest amount of Japanese bonds in a year last week after large redemption reduced their holdings. Global funds bought a net ¥2.42 trillion ($15.2 billion) of the securities last week, the most since April 2025, after selling a similar amount the week before, preliminary Ministry of Finance data showed on Thursday. Quarter-end redemptions of Japanese government bonds...
Overseas investors bought the largest amount of Japanese bonds in a year last week after large redemption reduced their holdings. Global funds bought a net ¥2.42 trillion ($15.2 billion) of the securities last week, the most since April 2025, after selling a similar amount the week before, preliminary Ministry of Finance data showed on Thursday. Quarter-end redemptions of Japanese government bonds typically surge, with more than ¥20 trillion redeemed on March 20. The nation’s 10-year bond yields have hit the highest in almost three decades amid sticky inflation. While nominal yields are about 1.9% points below similar-tenor Treasuries, dollar holders could earn an extra 3% yield through currency hedging. “Japanese government bond yields have continued to rise and have caught up with global levels,” said Tadashi Matsukawa , head of bond investments at PineBridge Investments Japan Co. in Tokyo. As such, “they likely appear attractive to foreign investors and are being targeted for investment.”
Cruise passengers go through entry procedures at the Wusongkou International Cruise Terminal in Shanghai on March 29. Photo: VCG China recorded nearly 6.8 million cross-border trips during the Qingming Festival holiday, driven by a surge in visa-free visitors and shifting outbound travel preferences that crowned South Korea as the top destination. The daily average of cross-border trips reached 2....
Cruise passengers go through entry procedures at the Wusongkou International Cruise Terminal in Shanghai on March 29. Photo: VCG China recorded nearly 6.8 million cross-border trips during the Qingming Festival holiday, driven by a surge in visa-free visitors and shifting outbound travel preferences that crowned South Korea as the top destination. The daily average of cross-border trips reached 2.26 million during the holiday period from Saturday to Monday, a 9.1% increase from the same period last year, according to the National Immigration Administration. Foreigners made 843,000 inbound and outbound trips, jumping 20.9% year-on-year, with visa-free entries surging 30.7% to 319,000. Outbound travel dynamics also shifted, as Southeast Asia retained its dominance while traditional favorite Japan fell out of the top three destinations.