USD/CNY fix model: Projection at 6.7740 - Nomura

Nomura's model projects the fix to be 99 pips higher than the previous fix (6.7740 from 6.7641) and 32 pips higher than the previous official spot USD/CNY close of 6.7708. The basket implied change is 37 pips higher than the previous official spot USD/CNY close (6.7745 from 6.7708, Nomura adds.