USD/CNY fix model: Projection 233 pips higher to 6.5811 - Nomura

FXStreet (Bali) - Nomura's model projects the fix to be higher by 233 pips from the previous fix (6.5811 from 6.5578) and higher by 15 pips from the previous spot USD/CNY official close (6.5796).

Jan 21, 2016

Brazil Central Bank unexpectedly holds rates - TDS

Sacha Tihanyi, Senior EM Strategists at TDS, notes that Brazil Central Bank sent the worst possible signal to markets by surprisingly holding rates unchanged, risking loss of credibility.

China A50 FTSE futures up by 1.75% ahead of Shanghai

China futures (A50 FTSE - benchmark for investors to access the China domestic market through A Shares – ) is trading up by 1.75% ahead of the Shanghai cash open, in line with the risk recovery seen during US afternoon and early Asian trade.