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USD/CNY fix projection: 6.7145 - Nomura

Analysts at Nomura offered their projections for the USD/CNY fox today.

Key Quotes:

"Our model1 projects the fix to be 66 pips lower than the previous fix (6.7145 from 6.7211) and 88 pips lower than the previous official spot USD/CNY close of 6.7233. The basket implied change is 106 pips lower than the previous official spot USD/CNY close (6.7127 from 6.7233)."

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A mixed bag from global markets - ANZ

Analysts at ANZ noted a mixed bag of results from overnight markets. Key Quotes: "The US July ISM non-manufacturing composite PMI fell to 53.9 – its
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