USD/CNY fix model: Projectio at 6.5767 - Nomura

Nomura's model projects the fix to be 277 pips higher than the previous fix (6.5767 from 6.5490) and 170 pips higher than the previous official spot USD/CNY close of 6.5597. The basket implied change is 294 pips higher than the previous official spot USD/CNY close (6.5891 from 6.5597), Nomura adds.