USD/CNY fix model: Projection at 6.7078 - Nomura

Nomura's model projects the fix to be 70 pips higher than the previous fix (6.7078 from 6.7008) and 50 pips higher than the previous official spot USD/CNY close of 6.7028. The basket implied change is 51 pips higher than the previous official spot USD/CNY close (6.7079 from 6.7028), Nomura adds.