USD/CNY fix model: Projection at 6.5602 - Nomura

Nomura's model projects the fix to be 9 pips higher than the previous fix (6.5602 from 6.5593) and 101 pips lower than the previous official spot USD/CNY close of 6.5703. The basket implied change is 150 pips lower than the previous official spot USD/CNY close (6.5553 from 6.5703), Nomura adds.