USD/CNY fix model: Projection at 6.6842 - Nomura

Nomura's model projects the fix to be 115 pips higher than the previous fix (6.6842 from 6.6727) and 42 pips higher than the previous official spot USD/CNY close of 6.6800. The basket implied change is 52 pips higher than the previous official spot USD/CNY close (6.6852 from 6.6800), Nomura adds.