USD/CNY fix model: Projection at 6.9028 - Nomura

Nomura's model projects the fix to be 154 pips higher than the previous fix (6.9028 from 6.8874) and 52 pips higher than the previous official spot USD/CNY close of 6.8976. The basket implied change is 151 pips higher than the previous official spot USD/CNY close (6.9127 from 6.8976), Nomura adds.