USD/CNY fix model: Projection at 6.7298 - Nomura

Nomura's model projects the fix to be 5 pips lower than the previous fix (6.7298 from 6.7303) and 95 pips lower than the previous official spot USD/CNY close of 6.7393. The basket implied change is 148 pips lower than the previous official spot USD/CNY close (6.7245 from 6.7393), Nomura adds.