USD/CNY fix model: Projection at 6.7504 - Nomura

Nomura's model projects the fix to be 58 pips lower than the previous fix (6.7504 from 6.7562) and 109 pips lower than the previous official spot USD/CNY close of 6.7613. The basket implied change is 133 pips lower than the previous official spot USD/CNY close (6.7480 from 6.7613), Nomura adds.