USD/CNY fix model: Projection at 6.6564 - Nomura

Nomura's model projects the fix to be 38 pips lower than the previous fix (6.6564 from 6.6602) and 29 pips higher than the previous official spot USD/CNY close of 6.6535. The basket implied change is 36 pips higher than the previous official spot USD/CNY close (6.6571 from 6.6535), Nomura adds.