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USD/CNY fix projection: 6.5670 - Nomura

Analysts at Nomura offered their projection for today;s USD/CNY fix.

Key Quotes:

"Our model1 projects the fix to be 251 pips higher than the previous fix (6.5670 from 6.5419) and 52 pips higher than the previous official spot USD/CNY close of 6.5618. The basket implied change is 60 pips higher than the previous official spot USD/CNY close (6.5678 from 6.5618)."

Japan's Aso weights-in on sales tax increase

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G10 market action from overnight - ANZ

Analysts at ANZ noted all of the market action from overnight. Key Quotes: "Global equities rose, yields bear steepened, the USD strengthened, and c
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