USD/CNY fix model: Projection at 6.6776 - Nomura

Nomura's model projects the fix to be 70 pips lower than the previous fix (6.6776 from 6.6846) and 95 pips lower than the previous official spot USD/CNY close of 6.6871. The basket implied change is 141 pips lower than the previous official spot USD/CNY close (6.6730 from 6.6871), Nomura adds.