USD/CNY fix model: Projection at 6.7335 - Nomura

Nomura's model projects the fix to be 44 pips lower than the previous fix (6.7335 from 6.7379) and 61 pips lower than the previous official spot USD/CNY close of 6.7396. The basket implied change is 94 pips lower than the previous official spot USD/CNY close (6.7302 from 6.7396), Nomura adds.